Leatt Corp Stock Market Value
| LEAT Stock | USD 7.51 0.22 2.85% |
| Symbol | Leatt |
Leatt Corp '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 Leatt Corp'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 Leatt Corp.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Leatt Corp on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Leatt Corp or generate 0.0% return on investment in Leatt Corp over 30 days. Leatt Corp is related to or competes with Escalade Incorporated, American Outdoor, OneSpaWorld Holdings, JAKKS Pacific, and Clarus Corp. Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sp... More
Leatt Corp 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 Leatt Corp'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 Leatt Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.85 | |||
| Value At Risk | (5.20) | |||
| Potential Upside | 7.08 |
Leatt Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leatt Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leatt Corp's standard deviation. In reality, there are many statistical measures that can use Leatt Corp historical prices to predict the future Leatt Corp's volatility.| Risk Adjusted Performance | 0.03 | |||
| Jensen Alpha | 0.1547 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.21) |
Leatt Corp Backtested Returns
Currently, Leatt Corp is slightly risky. Leatt Corp has Sharpe Ratio of 0.01, which conveys that the firm had a 0.01% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Leatt Corp, which you can use to evaluate the volatility of the firm. Please verify Leatt Corp's Downside Deviation of 3.16, risk adjusted performance of 0.03, and Mean Deviation of 2.16 to check out if the risk estimate we provide is consistent with the expected return of 0.0385%. The company secures a Beta (Market Risk) of -0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Leatt Corp are expected to decrease at a much lower rate. During the bear market, Leatt Corp is likely to outperform the market. Leatt Corp right now secures a risk of 3.86%. Please verify Leatt Corp maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Leatt Corp will be following its current price movements.
Auto-correlation | -0.22 |
Weak reverse predictability
Leatt Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Leatt Corp time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Leatt Corp price movement. The serial correlation of -0.22 indicates that over 22.0% of current Leatt Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Leatt Corp lagged returns against current returns
Autocorrelation, which is Leatt Corp 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 Leatt Corp's otc stock expected returns. We can calculate the autocorrelation of Leatt Corp returns to help us make a trade decision. For example, suppose you find that Leatt Corp 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 |
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Leatt Corp 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 Leatt Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leatt Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leatt Corp otc stock over time.
Current vs Lagged Prices |
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Leatt Corp Lagged Returns
When evaluating Leatt Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leatt Corp otc stock have on its future price. Leatt Corp 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, Leatt Corp autocorrelation shows the relationship between Leatt Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Leatt Corp.
Regressed Prices |
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Additional Tools for Leatt OTC Stock Analysis
When running Leatt Corp's price analysis, check to measure Leatt Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leatt Corp is operating at the current time. Most of Leatt Corp's value examination focuses on studying past and present price action to predict the probability of Leatt Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leatt Corp's price. Additionally, you may evaluate how the addition of Leatt Corp to your portfolios can decrease your overall portfolio volatility.