LUMI GRUPPEN (Germany) Market Value

8KS Stock  EUR 0.98  0.03  2.97%   
LUMI GRUPPEN's market value is the price at which a share of LUMI GRUPPEN trades on a public exchange. It measures the collective expectations of LUMI GRUPPEN AS investors about its performance. LUMI GRUPPEN is trading at 0.98 as of the 23rd of December 2024. This is a 2.97% down since the beginning of the trading day. The stock's lowest day price was 0.98.
With this module, you can estimate the performance of a buy and hold strategy of LUMI GRUPPEN AS and determine expected loss or profit from investing in LUMI GRUPPEN over a given investment horizon. Check out LUMI GRUPPEN Correlation, LUMI GRUPPEN Volatility and LUMI GRUPPEN Alpha and Beta module to complement your research on LUMI GRUPPEN.
Symbol

Please note, there is a significant difference between LUMI GRUPPEN's value and its price as these two are different measures arrived at by different means. Investors typically determine if LUMI GRUPPEN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LUMI GRUPPEN'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.

LUMI GRUPPEN '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 LUMI GRUPPEN'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 LUMI GRUPPEN.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in LUMI GRUPPEN on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding LUMI GRUPPEN AS or generate 0.0% return on investment in LUMI GRUPPEN over 30 days. LUMI GRUPPEN is related to or competes with LG Display, CHEMICAL INDUSTRIES, NISSAN CHEMICAL, Nissan Chemical, PLAYTIKA HOLDING, and Sekisui Chemical. Sonans Holding AS operates in the education market in Norway More

LUMI GRUPPEN 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 LUMI GRUPPEN'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 LUMI GRUPPEN AS upside and downside potential and time the market with a certain degree of confidence.

LUMI GRUPPEN Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for LUMI GRUPPEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LUMI GRUPPEN's standard deviation. In reality, there are many statistical measures that can use LUMI GRUPPEN historical prices to predict the future LUMI GRUPPEN's volatility.
Hype
Prediction
LowEstimatedHigh
0.050.988.62
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Intrinsic
Valuation
LowRealHigh
0.040.888.52
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LUMI GRUPPEN AS Backtested Returns

LUMI GRUPPEN appears to be abnormally volatile, given 3 months investment horizon. LUMI GRUPPEN AS has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of volatility over the last 3 months. By inspecting LUMI GRUPPEN's technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please exercise LUMI GRUPPEN's mean deviation of 3.9, and Risk Adjusted Performance of 0.1094 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LUMI GRUPPEN holds a performance score of 9. The company secures a Beta (Market Risk) of 2.01, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LUMI GRUPPEN will likely underperform. Please check LUMI GRUPPEN's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether LUMI GRUPPEN's current price movements will revert.

Auto-correlation

    
  -0.55  

Good reverse predictability

LUMI GRUPPEN AS has good reverse predictability. Overlapping area represents the amount of predictability between LUMI GRUPPEN time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 LUMI GRUPPEN AS price movement. The serial correlation of -0.55 indicates that about 55.0% of current LUMI GRUPPEN price fluctuation can be explain by its past prices.
Correlation Coefficient-0.55
Spearman Rank Test0.3
Residual Average0.0
Price Variance0.0

LUMI GRUPPEN AS lagged returns against current returns

Autocorrelation, which is LUMI GRUPPEN 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 LUMI GRUPPEN's stock expected returns. We can calculate the autocorrelation of LUMI GRUPPEN returns to help us make a trade decision. For example, suppose you find that LUMI GRUPPEN 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   
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LUMI GRUPPEN 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 LUMI GRUPPEN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LUMI GRUPPEN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LUMI GRUPPEN stock over time.
   Current vs Lagged Prices   
       Timeline  

LUMI GRUPPEN Lagged Returns

When evaluating LUMI GRUPPEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LUMI GRUPPEN stock have on its future price. LUMI GRUPPEN 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, LUMI GRUPPEN autocorrelation shows the relationship between LUMI GRUPPEN stock current value and its past values and can show if there is a momentum factor associated with investing in LUMI GRUPPEN AS.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in LUMI Stock

LUMI GRUPPEN financial ratios help investors to determine whether LUMI 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 LUMI with respect to the benefits of owning LUMI GRUPPEN security.