Leone Asset Management Stock Market Value
| LEON Stock | USD 0 0.00 0.00% |
| Symbol | Leone |
Leone Asset '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 Leone Asset'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 Leone Asset.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Leone Asset on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Leone Asset Management or generate 0.0% return on investment in Leone Asset over 30 days. Leone Asset is related to or competes with Honeywell International, MDU Resources, Compass Diversified, and Valmont Industries. Leone Asset Management, Inc., through its subsidiaries, provides financial advisory and consulting services in the Unite... More
Leone Asset 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 Leone Asset'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 Leone Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1192 | |||
| Maximum Drawdown | 6283.44 |
Leone Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leone Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leone Asset's standard deviation. In reality, there are many statistical measures that can use Leone Asset historical prices to predict the future Leone Asset's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 110.67 | |||
| Total Risk Alpha | (36.23) | |||
| Treynor Ratio | (0.59) |
Leone Asset Management Backtested Returns
Leone Asset is out of control given 3 months investment horizon. Leone Asset Management has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We were able to break down and interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 12.78% are justified by taking the suggested risk. Use Leone Asset Management Standard Deviation of 761.92, risk adjusted performance of 0.1013, and Mean Deviation of 184.69 to evaluate company specific risk that cannot be diversified away. Leone Asset holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -154.54, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Leone Asset are expected to decrease by larger amounts. On the other hand, during market turmoil, Leone Asset is expected to outperform it. Use Leone Asset Management information ratio and rate of daily change , to analyze future returns on Leone Asset Management.
Auto-correlation | 0.00 |
No correlation between past and present
Leone Asset Management has no correlation between past and present. Overlapping area represents the amount of predictability between Leone Asset time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Leone Asset Management price movement. The serial correlation of 0.0 indicates that just 0.0% of current Leone Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Leone Asset Management lagged returns against current returns
Autocorrelation, which is Leone Asset 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 Leone Asset's pink sheet expected returns. We can calculate the autocorrelation of Leone Asset returns to help us make a trade decision. For example, suppose you find that Leone Asset 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 |
Leone Asset 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 Leone Asset pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leone Asset pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leone Asset pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Leone Asset Lagged Returns
When evaluating Leone Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leone Asset pink sheet have on its future price. Leone Asset 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, Leone Asset autocorrelation shows the relationship between Leone Asset pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Leone Asset Management.
Regressed Prices |
| Timeline |
Pair Trading with Leone Asset
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 Leone Asset 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 Leone Asset will appreciate offsetting losses from the drop in the long position's value.Moving against Leone Pink Sheet
| 0.64 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.63 | MSBHF | Mitsubishi Corp | PairCorr |
| 0.54 | ITOCY | Itochu Corp ADR | PairCorr |
| 0.35 | ITOCF | ITOCHU | PairCorr |
The ability to find closely correlated positions to Leone Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leone Asset 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 Leone Asset - 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 Leone Asset Management to buy it.
The correlation of Leone Asset 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 Leone Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leone Asset Management 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 Leone Asset 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 Leone Pink Sheet
Leone Asset financial ratios help investors to determine whether Leone 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 Leone with respect to the benefits of owning Leone Asset security.