LIFE + (Germany) Market Value
| 74F Stock | EUR 6.40 0.30 4.48% |
| Symbol | LIFE |
LIFE + '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 LIFE +'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 LIFE +.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in LIFE + on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding LIFE BANC SPLIT or generate 0.0% return on investment in LIFE + over 30 days. LIFE + is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. Life Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited More
LIFE + 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 LIFE +'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 LIFE BANC SPLIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.1227 | |||
| Maximum Drawdown | 14.06 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 6.35 |
LIFE + Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIFE +'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIFE +'s standard deviation. In reality, there are many statistical measures that can use LIFE + historical prices to predict the future LIFE +'s volatility.| Risk Adjusted Performance | 0.1367 | |||
| Jensen Alpha | 0.4951 | |||
| Total Risk Alpha | 0.0292 | |||
| Sortino Ratio | 0.106 | |||
| Treynor Ratio | (1.38) |
LIFE BANC SPLIT Backtested Returns
LIFE + appears to be slightly risky, given 3 months investment horizon. LIFE BANC SPLIT has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for LIFE +, which you can use to evaluate the volatility of the firm. Please exercise LIFE +'s risk adjusted performance of 0.1367, and Mean Deviation of 1.85 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LIFE + holds a performance score of 11. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LIFE + are expected to decrease at a much lower rate. During the bear market, LIFE + is likely to outperform the market. Please check LIFE +'s semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether LIFE +'s current price movements will revert.
Auto-correlation | 0.64 |
Good predictability
LIFE BANC SPLIT has good predictability. Overlapping area represents the amount of predictability between LIFE + 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 LIFE BANC SPLIT price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current LIFE + price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
LIFE BANC SPLIT lagged returns against current returns
Autocorrelation, which is LIFE + 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 LIFE +'s stock expected returns. We can calculate the autocorrelation of LIFE + returns to help us make a trade decision. For example, suppose you find that LIFE + 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 |
LIFE + 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 LIFE + stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIFE + stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIFE + stock over time.
Current vs Lagged Prices |
| Timeline |
LIFE + Lagged Returns
When evaluating LIFE +'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIFE + stock have on its future price. LIFE + 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, LIFE + autocorrelation shows the relationship between LIFE + stock current value and its past values and can show if there is a momentum factor associated with investing in LIFE BANC SPLIT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LIFE Stock
LIFE + financial ratios help investors to determine whether LIFE 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 LIFE with respect to the benefits of owning LIFE + security.