LOANDEPOT INC (Germany) Market Value
| LDD Stock | EUR 2.10 0.04 1.94% |
| Symbol | LOANDEPOT |
LOANDEPOT INC '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 LOANDEPOT INC'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 LOANDEPOT INC.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in LOANDEPOT INC on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding LOANDEPOT INC A or generate 0.0% return on investment in LOANDEPOT INC over 30 days. LOANDEPOT INC is related to or competes with AUSTEVOLL SEAFOOD, Algonquin Power, Tyson Foods, Charoen Pokphand, Siamgas, SBA Communications, and TYSON FOODS. loanDepot, Inc. engages in the origination and servicing of conventional and government mortgage loans in the United Sta... More
LOANDEPOT INC 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 LOANDEPOT INC'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 LOANDEPOT INC A upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 28.1 | |||
| Value At Risk | (7.18) | |||
| Potential Upside | 10.23 |
LOANDEPOT INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LOANDEPOT INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LOANDEPOT INC's standard deviation. In reality, there are many statistical measures that can use LOANDEPOT INC historical prices to predict the future LOANDEPOT INC's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (0.52) |
LOANDEPOT INC A Backtested Returns
At this point, LOANDEPOT INC is dangerous. LOANDEPOT INC A retains Efficiency (Sharpe Ratio) of 0.0095, which conveys that the firm had a 0.0095% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for LOANDEPOT INC, which you can use to evaluate the volatility of the firm. Please verify LOANDEPOT INC's Market Risk Adjusted Performance of (0.51), mean deviation of 4.22, and Standard Deviation of 5.79 to check out if the risk estimate we provide is consistent with the expected return of 0.0544%. The company owns a Beta (Systematic Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LOANDEPOT INC's returns are expected to increase less than the market. However, during the bear market, the loss of holding LOANDEPOT INC is expected to be smaller as well. LOANDEPOT INC A now owns a risk of 5.74%. Please verify LOANDEPOT INC A mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if LOANDEPOT INC A will be following its current price history.
Auto-correlation | -0.39 |
Poor reverse predictability
LOANDEPOT INC A has poor reverse predictability. Overlapping area represents the amount of predictability between LOANDEPOT INC time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 LOANDEPOT INC A price movement. The serial correlation of -0.39 indicates that just about 39.0% of current LOANDEPOT INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
LOANDEPOT INC A lagged returns against current returns
Autocorrelation, which is LOANDEPOT INC 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 LOANDEPOT INC's stock expected returns. We can calculate the autocorrelation of LOANDEPOT INC returns to help us make a trade decision. For example, suppose you find that LOANDEPOT INC 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 |
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LOANDEPOT INC 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 LOANDEPOT INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LOANDEPOT INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LOANDEPOT INC stock over time.
Current vs Lagged Prices |
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LOANDEPOT INC Lagged Returns
When evaluating LOANDEPOT INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LOANDEPOT INC stock have on its future price. LOANDEPOT INC 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, LOANDEPOT INC autocorrelation shows the relationship between LOANDEPOT INC stock current value and its past values and can show if there is a momentum factor associated with investing in LOANDEPOT INC A.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in LOANDEPOT Stock
LOANDEPOT INC financial ratios help investors to determine whether LOANDEPOT 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 LOANDEPOT with respect to the benefits of owning LOANDEPOT INC security.