Lyxor Core (UK) Market Value
| GILI Etf | 13,915 70.50 0.51% |
| Symbol | Lyxor |
Lyxor Core '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 Lyxor Core's etf 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 Lyxor Core.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Lyxor Core on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Lyxor Core UK or generate 0.0% return on investment in Lyxor Core over 720 days. Lyxor Core is related to or competes with Leverage Shares, WisdomTree, WisdomTree Silver, Leverage Shares, GraniteShares FAANG, Lyxor 10Y, and GraniteShares. Lyxor Core is entity of United Kingdom. It is traded as Etf on LSE exchange. More
Lyxor Core 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 Lyxor Core's etf 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 Lyxor Core UK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.7838 |
Lyxor Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor Core's standard deviation. In reality, there are many statistical measures that can use Lyxor Core historical prices to predict the future Lyxor Core's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 2.57 |
Lyxor Core UK Backtested Returns
Lyxor Core UK has Sharpe Ratio of -0.14, which conveys that the entity had a -0.14% return per unit of risk over the last 3 months. Lyxor Core exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lyxor Core's Mean Deviation of 0.4055, standard deviation of 0.5077, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of -0.0312, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lyxor Core are expected to decrease at a much lower rate. During the bear market, Lyxor Core is likely to outperform the market.
Auto-correlation | -0.37 |
Poor reverse predictability
Lyxor Core UK has poor reverse predictability. Overlapping area represents the amount of predictability between Lyxor Core time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Lyxor Core UK price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Lyxor Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 70.6 K |
Lyxor Core UK lagged returns against current returns
Autocorrelation, which is Lyxor Core etf'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 Lyxor Core's etf expected returns. We can calculate the autocorrelation of Lyxor Core returns to help us make a trade decision. For example, suppose you find that Lyxor Core has exhibited high autocorrelation historically, and you observe that the etf 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 |
Lyxor Core 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 Lyxor Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor Core etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor Core Lagged Returns
When evaluating Lyxor Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor Core etf have on its future price. Lyxor Core 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, Lyxor Core autocorrelation shows the relationship between Lyxor Core etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor Core UK.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Lyxor Etf
Lyxor Core financial ratios help investors to determine whether Lyxor Etf 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 Lyxor with respect to the benefits of owning Lyxor Core security.