N Leventeris (Greece) Market Value
| LEBEP Stock | EUR 0.34 0.00 0.00% |
| Symbol | LEBEP |
N Leventeris '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 N Leventeris' 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 N Leventeris.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in N Leventeris on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding N Leventeris SA or generate 0.0% return on investment in N Leventeris over 720 days. N Leventeris is related to or competes with Intracom Holdings, Public Power, Hellenic Petroleum, National Bank, EL D, Lampsa Hellenic, and Eurobank Ergasias. N. Leventeris S.A. manufactures and sells wires and wire ropes in Greece. More
N Leventeris 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 N Leventeris' 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 N Leventeris SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.04 | |||
| Information Ratio | 0.074 | |||
| Maximum Drawdown | 37.69 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 13.33 |
N Leventeris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for N Leventeris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as N Leventeris' standard deviation. In reality, there are many statistical measures that can use N Leventeris historical prices to predict the future N Leventeris' volatility.| Risk Adjusted Performance | 0.0812 | |||
| Jensen Alpha | 0.6176 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.043 | |||
| Treynor Ratio | (3.32) |
N Leventeris SA Backtested Returns
N Leventeris appears to be out of control, given 3 months investment horizon. N Leventeris SA has Sharpe Ratio of 0.14, which conveys that the company had a 0.14% return per unit of volatility over the last 3 months. By examining N Leventeris' technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please exercise N Leventeris' Downside Deviation of 11.04, market risk adjusted performance of (3.31), and Mean Deviation of 3.52 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, N Leventeris holds a performance score of 10. The firm secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning N Leventeris are expected to decrease at a much lower rate. During the bear market, N Leventeris is likely to outperform the market. Please check N Leventeris' sortino ratio and the relationship between the potential upside and day typical price , to make a quick decision on whether N Leventeris' current price movements will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
N Leventeris SA has very good reverse predictability. Overlapping area represents the amount of predictability between N Leventeris time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 N Leventeris SA price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current N Leventeris price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
N Leventeris SA lagged returns against current returns
Autocorrelation, which is N Leventeris 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 N Leventeris' stock expected returns. We can calculate the autocorrelation of N Leventeris returns to help us make a trade decision. For example, suppose you find that N Leventeris 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 |
| Timeline |
N Leventeris 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 N Leventeris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if N Leventeris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in N Leventeris stock over time.
Current vs Lagged Prices |
| Timeline |
N Leventeris Lagged Returns
When evaluating N Leventeris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of N Leventeris stock have on its future price. N Leventeris 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, N Leventeris autocorrelation shows the relationship between N Leventeris stock current value and its past values and can show if there is a momentum factor associated with investing in N Leventeris SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in LEBEP Stock
N Leventeris financial ratios help investors to determine whether LEBEP 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 LEBEP with respect to the benefits of owning N Leventeris security.