LANDI RENZO (Germany) Market Value
| ARQ Stock | 1.74 0.03 1.75% |
| Symbol | LANDI |
LANDI RENZO '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 LANDI RENZO'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 LANDI RENZO.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in LANDI RENZO on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding LANDI RENZO or generate 0.0% return on investment in LANDI RENZO over 30 days. LANDI RENZO is related to or competes with Perdoceo Education, TAL Education, Treasury Wine, DEVRY EDUCATION, Ribbon Communications, Gamma Communications, and Entravision Communications. More
LANDI RENZO 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 LANDI RENZO'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 LANDI RENZO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 29.6 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 7.14 |
LANDI RENZO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LANDI RENZO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LANDI RENZO's standard deviation. In reality, there are many statistical measures that can use LANDI RENZO historical prices to predict the future LANDI RENZO's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LANDI RENZO's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
LANDI RENZO Backtested Returns
LANDI RENZO has Sharpe Ratio of -0.0532, which conveys that the company had a -0.0532% return per unit of volatility over the last 3 months. LANDI RENZO exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LANDI RENZO's Mean Deviation of 2.36, market risk adjusted performance of (0.67), and Standard Deviation of 4.59 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LANDI RENZO's returns are expected to increase less than the market. However, during the bear market, the loss of holding LANDI RENZO is expected to be smaller as well. At this point, LANDI RENZO has a negative expected return of -0.25%. Please make sure to verify LANDI RENZO's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if LANDI RENZO performance from the past will be repeated in the future.
Auto-correlation | -0.63 |
Very good reverse predictability
LANDI RENZO has very good reverse predictability. Overlapping area represents the amount of predictability between LANDI RENZO time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 LANDI RENZO price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current LANDI RENZO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LANDI RENZO lagged returns against current returns
Autocorrelation, which is LANDI RENZO 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 LANDI RENZO's stock expected returns. We can calculate the autocorrelation of LANDI RENZO returns to help us make a trade decision. For example, suppose you find that LANDI RENZO 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 |
LANDI RENZO 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 LANDI RENZO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LANDI RENZO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LANDI RENZO stock over time.
Current vs Lagged Prices |
| Timeline |
LANDI RENZO Lagged Returns
When evaluating LANDI RENZO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LANDI RENZO stock have on its future price. LANDI RENZO 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, LANDI RENZO autocorrelation shows the relationship between LANDI RENZO stock current value and its past values and can show if there is a momentum factor associated with investing in LANDI RENZO.
Regressed Prices |
| Timeline |
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Additional Tools for LANDI Stock Analysis
When running LANDI RENZO's price analysis, check to measure LANDI RENZO'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 LANDI RENZO is operating at the current time. Most of LANDI RENZO's value examination focuses on studying past and present price action to predict the probability of LANDI RENZO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LANDI RENZO's price. Additionally, you may evaluate how the addition of LANDI RENZO to your portfolios can decrease your overall portfolio volatility.