LUMI GRUPPEN (Germany) Market Value
| 8KS Stock | EUR 0.98 0.03 2.97% |
| Symbol | LUMI |
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.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in LUMI GRUPPEN on January 3, 2023 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 720 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.
| Downside Deviation | 8.73 | |||
| Information Ratio | 0.1225 | |||
| Maximum Drawdown | 51.02 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 14.29 |
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.| Risk Adjusted Performance | 0.1094 | |||
| Jensen Alpha | 0.9139 | |||
| Total Risk Alpha | 0.7445 | |||
| Sortino Ratio | 0.1073 | |||
| Treynor Ratio | 0.4761 |
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 sortino ratio, potential upside, and 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 | -0.48 |
Modest reverse predictability
LUMI GRUPPEN AS has modest reverse predictability. Overlapping area represents the amount of predictability between LUMI GRUPPEN time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 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 -0.48 indicates that about 48.0% of current LUMI GRUPPEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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 |
| Timeline |
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.