Luduson G Stock Market Value
| LDSN Stock | USD 0 0 30.00% |
| Symbol | Luduson |
Luduson G '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 Luduson G's otc 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 Luduson G.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Luduson G on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Luduson G or generate 0.0% return on investment in Luduson G over 720 days. Luduson G Inc., a gaming technology company, provides events marketing strategies with a combination of digital interact... More
Luduson G 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 Luduson G's otc 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 Luduson G upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 126.66 | |||
| Value At Risk | (34.14) | |||
| Potential Upside | 36.36 |
Luduson G Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luduson G's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luduson G's standard deviation. In reality, there are many statistical measures that can use Luduson G historical prices to predict the future Luduson G's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.75) | |||
| Total Risk Alpha | (5.23) | |||
| Treynor Ratio | 1.55 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Luduson G'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.
Luduson G Backtested Returns
Luduson G has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Luduson G exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luduson G's Risk Adjusted Performance of (0.06), mean deviation of 13.43, and Standard Deviation of 21.17 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.22, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Luduson G are expected to decrease by larger amounts. On the other hand, during market turmoil, Luduson G is expected to outperform it. At this point, Luduson G has a negative expected return of -2.31%. Please make sure to verify Luduson G's total risk alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Luduson G performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Luduson G has very weak predictability. Overlapping area represents the amount of predictability between Luduson G time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Luduson G price movement. The serial correlation of 0.19 indicates that over 19.0% of current Luduson G price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Luduson G lagged returns against current returns
Autocorrelation, which is Luduson G otc 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 Luduson G's otc stock expected returns. We can calculate the autocorrelation of Luduson G returns to help us make a trade decision. For example, suppose you find that Luduson G has exhibited high autocorrelation historically, and you observe that the otc 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 |
Luduson G 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 Luduson G otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luduson G otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luduson G otc stock over time.
Current vs Lagged Prices |
| Timeline |
Luduson G Lagged Returns
When evaluating Luduson G's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luduson G otc stock have on its future price. Luduson G 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, Luduson G autocorrelation shows the relationship between Luduson G otc stock current value and its past values and can show if there is a momentum factor associated with investing in Luduson G.
Regressed Prices |
| Timeline |
Pair Trading with Luduson G
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luduson G position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luduson G will appreciate offsetting losses from the drop in the long position's value.Moving against Luduson OTC Stock
| 0.9 | LYV | Live Nation Entertainment | PairCorr |
| 0.89 | CMWCF | Cromwell Property | PairCorr |
| 0.77 | FWONA | Liberty Media | PairCorr |
| 0.76 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.71 | DIS | Walt Disney | PairCorr |
The ability to find closely correlated positions to Luduson G could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luduson G when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luduson G - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luduson G to buy it.
The correlation of Luduson G is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luduson G moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luduson G moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Luduson G can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Luduson OTC Stock
Luduson G financial ratios help investors to determine whether Luduson OTC 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 Luduson with respect to the benefits of owning Luduson G security.