Lanakam SA (Greece) Market Value
| LANAC Stock | EUR 0.76 0.06 4.30% |
| Symbol | Lanakam |
Lanakam SA '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 Lanakam SA'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 Lanakam SA.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lanakam SA on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lanakam SA or generate 0.0% return on investment in Lanakam SA over 180 days. Lanakam SA is related to or competes with General Commercial, Profile Systems, CPI Computer, Elvalhalcor Hellenic, Intertech, Hellenic Telecommunicatio, and Technical Olympic. Lanakam S.A. distributes apparel and accessories in Greece and Cyprus More
Lanakam SA 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 Lanakam SA'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 Lanakam SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.78 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 1.18 |
Lanakam SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lanakam SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lanakam SA's standard deviation. In reality, there are many statistical measures that can use Lanakam SA historical prices to predict the future Lanakam SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lanakam SA'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.
Lanakam SA Backtested Returns
Lanakam SA has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Lanakam SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lanakam SA's Mean Deviation of 0.9308, standard deviation of 1.64, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lanakam SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lanakam SA is expected to be smaller as well. At this point, Lanakam SA has a negative expected return of -0.17%. Please make sure to verify Lanakam SA's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Lanakam SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Lanakam SA has insignificant predictability. Overlapping area represents the amount of predictability between Lanakam SA time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Lanakam SA price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Lanakam SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lanakam SA lagged returns against current returns
Autocorrelation, which is Lanakam SA 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 Lanakam SA's stock expected returns. We can calculate the autocorrelation of Lanakam SA returns to help us make a trade decision. For example, suppose you find that Lanakam SA 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 |
Lanakam SA 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 Lanakam SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lanakam SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lanakam SA stock over time.
Current vs Lagged Prices |
| Timeline |
Lanakam SA Lagged Returns
When evaluating Lanakam SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lanakam SA stock have on its future price. Lanakam SA 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, Lanakam SA autocorrelation shows the relationship between Lanakam SA stock current value and its past values and can show if there is a momentum factor associated with investing in Lanakam SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Lanakam Stock
Lanakam SA financial ratios help investors to determine whether Lanakam 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 Lanakam with respect to the benefits of owning Lanakam SA security.