Logah Technology's market value is the price at which a share of Logah Technology trades on a public exchange. It measures the collective expectations of Logah Technology Corp investors about its performance. Logah Technology is selling for under 6.95 as of the 9th of January 2025; that is 0.72% increase since the beginning of the trading day. The stock's lowest day price was 6.71. With this module, you can estimate the performance of a buy and hold strategy of Logah Technology Corp and determine expected loss or profit from investing in Logah Technology over a given investment horizon. Check out Logah Technology Correlation, Logah Technology Volatility and Logah Technology Alpha and Beta module to complement your research on Logah Technology.
Please note, there is a significant difference between Logah Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logah Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logah Technology'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.
Logah Technology '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 Logah Technology'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 Logah Technology.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/09/2025
0.00
If you would invest 0.00 in Logah Technology on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Logah Technology Corp or generate 0.0% return on investment in Logah Technology over 720 days. Logah Technology is related to or competes with Holy Stone, Walsin Technology, Yageo Corp, and HannStar Board. Logah Technology Corp. engages in the design, development, and manufacture of professional precision molds, precision pl... More
Logah Technology 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 Logah Technology'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 Logah Technology Corp 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 Logah Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logah Technology's standard deviation. In reality, there are many statistical measures that can use Logah Technology historical prices to predict the future Logah Technology's volatility.
Logah Technology Corp has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Logah Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Logah Technology's Risk Adjusted Performance of (0.15), standard deviation of 5.05, and Mean Deviation of 3.55 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Logah Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Logah Technology is expected to be smaller as well. At this point, Logah Technology Corp has a negative expected return of -0.97%. Please make sure to verify Logah Technology's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Logah Technology Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
0.10
Insignificant predictability
Logah Technology Corp has insignificant predictability. Overlapping area represents the amount of predictability between Logah Technology time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 Logah Technology Corp price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Logah Technology price fluctuation can be explain by its past prices.
Correlation Coefficient
0.1
Spearman Rank Test
0.01
Residual Average
0.0
Price Variance
9.66
Logah Technology Corp lagged returns against current returns
Autocorrelation, which is Logah Technology 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 Logah Technology's stock expected returns. We can calculate the autocorrelation of Logah Technology returns to help us make a trade decision. For example, suppose you find that Logah Technology 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
Logah Technology 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 Logah Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logah Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logah Technology stock over time.
Current vs Lagged Prices
Timeline
Logah Technology Lagged Returns
When evaluating Logah Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logah Technology stock have on its future price. Logah Technology 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, Logah Technology autocorrelation shows the relationship between Logah Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Logah Technology Corp.
Regressed Prices
Timeline
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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.
When running Logah Technology's price analysis, check to measure Logah Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Logah Technology is operating at the current time. Most of Logah Technology's value examination focuses on studying past and present price action to predict the probability of Logah Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logah Technology's price. Additionally, you may evaluate how the addition of Logah Technology to your portfolios can decrease your overall portfolio volatility.