Lumibird (France) Market Value
| LBIRD Stock | EUR 7.20 0.10 1.37% |
| Symbol | Lumibird |
Lumibird '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 Lumibird'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 Lumibird.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Lumibird on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Lumibird SA or generate 0.0% return on investment in Lumibird over 720 days. Lumibird is related to or competes with Sartorius Stedim, Lectra SA, Teleperformance, Trigano SA, and Thermador Groupe. Lumibird SA designs, manufactures, and sells various lasers for the scientific, industrial, and medical applications wor... More
Lumibird 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 Lumibird'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 Lumibird SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 14.93 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 2.5 |
Lumibird Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lumibird's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lumibird's standard deviation. In reality, there are many statistical measures that can use Lumibird historical prices to predict the future Lumibird's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (2.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lumibird'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.
Lumibird SA Backtested Returns
Lumibird SA has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. Lumibird exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lumibird's Standard Deviation of 2.74, risk adjusted performance of (0.15), and Mean Deviation of 1.65 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lumibird's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lumibird is expected to be smaller as well. At this point, Lumibird SA has a negative expected return of -0.6%. Please make sure to verify Lumibird's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Lumibird SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Lumibird SA has average predictability. Overlapping area represents the amount of predictability between Lumibird time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Lumibird SA price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Lumibird price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 4.85 |
Lumibird SA lagged returns against current returns
Autocorrelation, which is Lumibird 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 Lumibird's stock expected returns. We can calculate the autocorrelation of Lumibird returns to help us make a trade decision. For example, suppose you find that Lumibird 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 |
Lumibird 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 Lumibird stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lumibird stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lumibird stock over time.
Current vs Lagged Prices |
| Timeline |
Lumibird Lagged Returns
When evaluating Lumibird's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lumibird stock have on its future price. Lumibird 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, Lumibird autocorrelation shows the relationship between Lumibird stock current value and its past values and can show if there is a momentum factor associated with investing in Lumibird SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Lumibird Stock Analysis
When running Lumibird's price analysis, check to measure Lumibird'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 Lumibird is operating at the current time. Most of Lumibird's value examination focuses on studying past and present price action to predict the probability of Lumibird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumibird's price. Additionally, you may evaluate how the addition of Lumibird to your portfolios can decrease your overall portfolio volatility.