Libstar Holdings (South Africa) Market Value
| LBR Stock | 440.00 10.00 2.22% |
| Symbol | Libstar |
Libstar Holdings '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 Libstar Holdings' 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 Libstar Holdings.
| 08/26/2024 |
| 11/24/2024 |
If you would invest 0.00 in Libstar Holdings on August 26, 2024 and sell it all today you would earn a total of 0.00 from holding Libstar Holdings or generate 0.0% return on investment in Libstar Holdings over 90 days. Libstar Holdings is related to or competes with RCL Foods, Oceana, Brimstone Investment, and Brimstone Investment. More
Libstar Holdings 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 Libstar Holdings' 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 Libstar Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.0 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 4.88 |
Libstar Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Libstar Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Libstar Holdings' standard deviation. In reality, there are many statistical measures that can use Libstar Holdings historical prices to predict the future Libstar Holdings' volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0844 |
Libstar Holdings Backtested Returns
At this point, Libstar Holdings is very steady. Libstar Holdings has Sharpe Ratio of 0.0364, which conveys that the firm had a 0.0364% return per unit of risk over the last 3 months. We have found thirty technical indicators for Libstar Holdings, which you can use to evaluate the volatility of the firm. Please verify Libstar Holdings' Risk Adjusted Performance of 0.0274, downside deviation of 2.51, and Mean Deviation of 2.39 to check out if the risk estimate we provide is consistent with the expected return of 0.1%. Libstar Holdings has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Libstar Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Libstar Holdings is expected to be smaller as well. Libstar Holdings right now secures a risk of 2.89%. Please verify Libstar Holdings semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if Libstar Holdings will be following its current price movements.
Auto-correlation | -0.33 |
Poor reverse predictability
Libstar Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Libstar Holdings time series from 26th of August 2024 to 10th of October 2024 and 10th of October 2024 to 24th 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 Libstar Holdings price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Libstar Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 411.34 |
Libstar Holdings lagged returns against current returns
Autocorrelation, which is Libstar Holdings 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 Libstar Holdings' stock expected returns. We can calculate the autocorrelation of Libstar Holdings returns to help us make a trade decision. For example, suppose you find that Libstar Holdings 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 |
Libstar Holdings 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 Libstar Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Libstar Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Libstar Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Libstar Holdings Lagged Returns
When evaluating Libstar Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Libstar Holdings stock have on its future price. Libstar Holdings 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, Libstar Holdings autocorrelation shows the relationship between Libstar Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Libstar Holdings.
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.Other Information on Investing in Libstar Stock
Libstar Holdings financial ratios help investors to determine whether Libstar 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 Libstar with respect to the benefits of owning Libstar Holdings security.