LS 1x (UK) Market Value
| 1AMZ Etf | 6.32 0.18 2.93% |
| Symbol | 1AMZ |
Please note, there is a significant difference between LS 1x's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS 1x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS 1x's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
LS 1x 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to LS 1x's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of LS 1x.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in LS 1x on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding LS 1x Amazon or generate 0.0% return on investment in LS 1x over 30 days. LS 1x is related to or competes with Scottish Mortgage, VinaCapital Vietnam, Edinburgh Worldwide, Baillie Gifford, CT Private, Aberdeen New, and BlackRock Latin. LS 1x is entity of United Kingdom. It is traded as Etf on LSE exchange. More
LS 1x Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure LS 1x's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess LS 1x Amazon upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0397 | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 3.35 |
LS 1x Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LS 1x's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LS 1x's standard deviation. In reality, there are many statistical measures that can use LS 1x historical prices to predict the future LS 1x's volatility.| Risk Adjusted Performance | 0.0916 | |||
| Jensen Alpha | 0.0948 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.042 | |||
| Treynor Ratio | 0.238 |
LS 1x Amazon Backtested Returns
LS 1x appears to be somewhat reliable, given 3 months investment horizon. LS 1x Amazon retains Efficiency (Sharpe Ratio) of 0.16, which conveys that the entity had a 0.16% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LS 1x, which you can use to evaluate the volatility of the etf. Please exercise LS 1x's Mean Deviation of 1.41, market risk adjusted performance of 0.248, and Standard Deviation of 1.77 to check out if our risk estimates are consistent with your expectations. The etf owns a Beta (Systematic Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LS 1x's returns are expected to increase less than the market. However, during the bear market, the loss of holding LS 1x is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
LS 1x Amazon has very good reverse predictability. Overlapping area represents the amount of predictability between LS 1x time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LS 1x Amazon price movement. The serial correlation of -0.69 indicates that around 69.0% of current LS 1x price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
LS 1x Amazon lagged returns against current returns
Autocorrelation, which is LS 1x etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting LS 1x's etf expected returns. We can calculate the autocorrelation of LS 1x returns to help us make a trade decision. For example, suppose you find that LS 1x has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
LS 1x regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If LS 1x etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LS 1x etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LS 1x etf over time.
Current vs Lagged Prices |
| Timeline |
LS 1x Lagged Returns
When evaluating LS 1x's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LS 1x etf have on its future price. LS 1x autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, LS 1x autocorrelation shows the relationship between LS 1x etf current value and its past values and can show if there is a momentum factor associated with investing in LS 1x Amazon.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 1AMZ Etf
LS 1x financial ratios help investors to determine whether 1AMZ Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 1AMZ with respect to the benefits of owning LS 1x security.