LESLIES INC (Germany) Market Value
| LE3 Stock | EUR 2.62 0.10 3.97% |
| Symbol | LESLIES |
LESLIES 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 LESLIES 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 LESLIES INC.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in LESLIES INC on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding LESLIES INC DL or generate 0.0% return on investment in LESLIES INC over 330 days. LESLIES INC is related to or competes with Home Depot, WICKES GROUP, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Leslies, Inc. operates as a direct-to-consumer pool and spa care brand in the United States More
LESLIES 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 LESLIES 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 LESLIES INC DL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.09 | |||
| Information Ratio | 0.0036 | |||
| Maximum Drawdown | 25.67 | |||
| Value At Risk | (7.30) | |||
| Potential Upside | 8.33 |
LESLIES INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LESLIES INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LESLIES INC's standard deviation. In reality, there are many statistical measures that can use LESLIES INC historical prices to predict the future LESLIES INC's volatility.| Risk Adjusted Performance | 0.031 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | 0.0761 |
LESLIES INC DL Backtested Returns
At this point, LESLIES INC is very risky. LESLIES INC DL has Sharpe Ratio of 0.0179, which conveys that the firm had a 0.0179% return per unit of volatility over the last 3 months. We have found thirty technical indicators for LESLIES INC, which you can use to evaluate the volatility of the firm. Please verify LESLIES INC's mean deviation of 3.89, and Risk Adjusted Performance of 0.031 to check out if the risk estimate we provide is consistent with the expected return of 0.0902%. LESLIES INC has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.83, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LESLIES INC will likely underperform. LESLIES INC DL currently secures a risk of 5.05%. Please verify LESLIES INC DL sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if LESLIES INC DL will be following its current price movements.
Auto-correlation | 0.31 |
Below average predictability
LESLIES INC DL has below average predictability. Overlapping area represents the amount of predictability between LESLIES INC time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 LESLIES INC DL price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current LESLIES INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
LESLIES INC DL lagged returns against current returns
Autocorrelation, which is LESLIES 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 LESLIES INC's stock expected returns. We can calculate the autocorrelation of LESLIES INC returns to help us make a trade decision. For example, suppose you find that LESLIES 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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LESLIES 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 LESLIES INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LESLIES INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LESLIES INC stock over time.
Current vs Lagged Prices |
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LESLIES INC Lagged Returns
When evaluating LESLIES INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LESLIES INC stock have on its future price. LESLIES 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, LESLIES INC autocorrelation shows the relationship between LESLIES INC stock current value and its past values and can show if there is a momentum factor associated with investing in LESLIES INC DL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LESLIES Stock
LESLIES INC financial ratios help investors to determine whether LESLIES 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 LESLIES with respect to the benefits of owning LESLIES INC security.