Labo Print (Poland) Market Value
| LAB Stock | 13.60 0.30 2.26% |
| Symbol | Labo |
Labo Print '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 Labo Print'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 Labo Print.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Labo Print on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Labo Print SA or generate 0.0% return on investment in Labo Print over 30 days. Labo Print is related to or competes with Asseco Business, and Movie Games. More
Labo Print 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 Labo Print'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 Labo Print SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.19 |
Labo Print Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Labo Print's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Labo Print's standard deviation. In reality, there are many statistical measures that can use Labo Print historical prices to predict the future Labo Print's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.82) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Labo Print'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.
Labo Print SA Backtested Returns
Labo Print SA has Sharpe Ratio of -0.0982, which conveys that the firm had a -0.0982% return per unit of risk over the last 3 months. Labo Print exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Labo Print's Mean Deviation of 0.9511, standard deviation of 1.42, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Labo Print's returns are expected to increase less than the market. However, during the bear market, the loss of holding Labo Print is expected to be smaller as well. At this point, Labo Print SA has a negative expected return of -0.15%. Please make sure to verify Labo Print's jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if Labo Print SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Labo Print SA has virtually no predictability. Overlapping area represents the amount of predictability between Labo Print time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Labo Print SA price movement. The serial correlation of 0.01 indicates that just 1.0% of current Labo Print price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Labo Print SA lagged returns against current returns
Autocorrelation, which is Labo Print 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 Labo Print's stock expected returns. We can calculate the autocorrelation of Labo Print returns to help us make a trade decision. For example, suppose you find that Labo Print 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 |
Labo Print 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 Labo Print stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Labo Print stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Labo Print stock over time.
Current vs Lagged Prices |
| Timeline |
Labo Print Lagged Returns
When evaluating Labo Print's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Labo Print stock have on its future price. Labo Print 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, Labo Print autocorrelation shows the relationship between Labo Print stock current value and its past values and can show if there is a momentum factor associated with investing in Labo Print SA.
Regressed Prices |
| Timeline |
Pair Trading with Labo Print
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Labo Print position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Labo Print will appreciate offsetting losses from the drop in the long position's value.Moving together with Labo Stock
Moving against Labo Stock
The ability to find closely correlated positions to Labo Print could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labo Print when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Labo Print - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Labo Print SA to buy it.
The correlation of Labo Print is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Labo Print moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labo Print SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Labo Print can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Labo Stock Analysis
When running Labo Print's price analysis, check to measure Labo Print'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 Labo Print is operating at the current time. Most of Labo Print's value examination focuses on studying past and present price action to predict the probability of Labo Print's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labo Print's price. Additionally, you may evaluate how the addition of Labo Print to your portfolios can decrease your overall portfolio volatility.