Lepu Medical's market value is the price at which a share of Lepu Medical trades on a public exchange. It measures the collective expectations of Lepu Medical Tech investors about its performance. Lepu Medical is trading at 10.90 as of the 15th of January 2025, a 3.42 percent increase since the beginning of the trading day. The stock's open price was 10.54. With this module, you can estimate the performance of a buy and hold strategy of Lepu Medical Tech and determine expected loss or profit from investing in Lepu Medical over a given investment horizon. Check out Lepu Medical Correlation, Lepu Medical Volatility and Lepu Medical Alpha and Beta module to complement your research on Lepu Medical.
Please note, there is a significant difference between Lepu Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lepu Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lepu Medical'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.
Lepu Medical '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 Lepu Medical's stock 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 Lepu Medical.
0.00
12/16/2024
No Change 0.00
0.0
In 31 days
01/15/2025
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If you would invest 0.00 in Lepu Medical on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Lepu Medical Tech or generate 0.0% return on investment in Lepu Medical over 30 days. Lepu Medical is related to or competes with Wuhan Yangtze, Dosilicon, Jinsanjiang Silicon, Zhejiang JIULI, Wuxi Chemical, Nanjing Putian, and Xilong Chemical. Lepu Medical is entity of China. It is traded as Stock on SHE exchange. More
Lepu Medical 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 Lepu Medical's stock 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 Lepu Medical Tech upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lepu Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lepu Medical's standard deviation. In reality, there are many statistical measures that can use Lepu Medical historical prices to predict the future Lepu Medical's volatility.
Lepu Medical Tech has Sharpe Ratio of -0.0405, which conveys that the firm had a -0.0405% return per unit of risk over the last 3 months. Lepu Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lepu Medical's Standard Deviation of 1.98, mean deviation of 1.54, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lepu Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lepu Medical is expected to be smaller as well. At this point, Lepu Medical Tech has a negative expected return of -0.0796%. Please make sure to verify Lepu Medical's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Lepu Medical Tech performance from the past will be repeated at some point in the near future.
Auto-correlation
0.31
Below average predictability
Lepu Medical Tech has below average predictability. Overlapping area represents the amount of predictability between Lepu Medical time series from 16th of December 2024 to 31st of December 2024 and 31st of December 2024 to 15th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lepu Medical Tech price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Lepu Medical price fluctuation can be explain by its past prices.
Correlation Coefficient
0.31
Spearman Rank Test
0.09
Residual Average
0.0
Price Variance
0.05
Lepu Medical Tech lagged returns against current returns
Autocorrelation, which is Lepu Medical stock'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 Lepu Medical's stock expected returns. We can calculate the autocorrelation of Lepu Medical returns to help us make a trade decision. For example, suppose you find that Lepu Medical has exhibited high autocorrelation historically, and you observe that the stock 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
Lepu Medical 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 Lepu Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lepu Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lepu Medical stock over time.
Current vs Lagged Prices
Timeline
Lepu Medical Lagged Returns
When evaluating Lepu Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lepu Medical stock have on its future price. Lepu Medical 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, Lepu Medical autocorrelation shows the relationship between Lepu Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Lepu Medical Tech.
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.
Lepu Medical financial ratios help investors to determine whether Lepu Stock 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 Lepu with respect to the benefits of owning Lepu Medical security.