Longduoduo Company Limited Stock Market Value
| LDDD Stock | 4.91 0.05 1.01% |
| Symbol | Longduoduo |
Longduoduo Company '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 Longduoduo Company's pink sheet 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 Longduoduo Company.
| 09/18/2024 |
| 01/16/2025 |
If you would invest 0.00 in Longduoduo Company on September 18, 2024 and sell it all today you would earn a total of 0.00 from holding Longduoduo Company Limited or generate 0.0% return on investment in Longduoduo Company over 120 days. Longduoduo Company is related to or competes with Life Time, Titan Machinery, JD Sports, Gap,, Emerson Radio, and Marine Products. More
Longduoduo Company 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 Longduoduo Company's pink sheet 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 Longduoduo Company Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.27 | |||
| Information Ratio | 0.03 | |||
| Maximum Drawdown | 32.67 | |||
| Value At Risk | (12.24) | |||
| Potential Upside | 10.26 |
Longduoduo Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Longduoduo Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Longduoduo Company's standard deviation. In reality, there are many statistical measures that can use Longduoduo Company historical prices to predict the future Longduoduo Company's volatility.| Risk Adjusted Performance | 0.0326 | |||
| Jensen Alpha | 0.1738 | |||
| Total Risk Alpha | 0.2826 | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | 2.56 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Longduoduo Company'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.
Longduoduo Limited Backtested Returns
At this point, Longduoduo Company is risky. Longduoduo Limited has Sharpe Ratio of 0.0243, which conveys that the firm had a 0.0243% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Longduoduo Company, which you can use to evaluate the volatility of the firm. Please verify Longduoduo Company's Risk Adjusted Performance of 0.0326, mean deviation of 4.07, and Downside Deviation of 7.27 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Longduoduo Company has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0674, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Longduoduo Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding Longduoduo Company is expected to be smaller as well. Longduoduo Limited right now secures a risk of 5.97%. Please verify Longduoduo Company Limited semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Longduoduo Company Limited will be following its current price movements.
Auto-correlation | -0.26 |
Weak reverse predictability
Longduoduo Company Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Longduoduo Company time series from 18th of September 2024 to 17th of November 2024 and 17th of November 2024 to 16th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Longduoduo Limited price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Longduoduo Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Longduoduo Limited lagged returns against current returns
Autocorrelation, which is Longduoduo Company pink sheet'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 Longduoduo Company's pink sheet expected returns. We can calculate the autocorrelation of Longduoduo Company returns to help us make a trade decision. For example, suppose you find that Longduoduo Company has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Longduoduo Company 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 Longduoduo Company pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Longduoduo Company pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Longduoduo Company pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Longduoduo Company Lagged Returns
When evaluating Longduoduo Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Longduoduo Company pink sheet have on its future price. Longduoduo Company 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, Longduoduo Company autocorrelation shows the relationship between Longduoduo Company pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Longduoduo Company Limited.
Regressed Prices |
| Timeline |
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| BNB | Binance Coin |
Other Information on Investing in Longduoduo Pink Sheet
Longduoduo Company financial ratios help investors to determine whether Longduoduo Pink Sheet 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 Longduoduo with respect to the benefits of owning Longduoduo Company security.