Life Electric Vehicles Stock Market Value
| LFEV Stock | USD 0.25 0.09 26.47% |
| Symbol | Life |
Life Electric '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 Life Electric'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 Life Electric.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Life Electric on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Life Electric Vehicles or generate 0.0% return on investment in Life Electric over 540 days. Life Electric is related to or competes with Volkswagen, Stellantis, Toyota, Honda, and GM. Life Electric Vehicles Holdings Inc. focuses on the design, manufacture, and commercialization of electric vehicles with... More
Life Electric 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 Life Electric'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 Life Electric Vehicles upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.93 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 80.36 | |||
| Value At Risk | (26.47) | |||
| Potential Upside | 40.0 |
Life Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Life Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Life Electric's standard deviation. In reality, there are many statistical measures that can use Life Electric historical prices to predict the future Life Electric's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | (1.19) | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | (2.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Life Electric'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.
Life Electric Vehicles Backtested Returns
Life Electric is out of control given 3 months investment horizon. Life Electric Vehicles has Sharpe Ratio of 0.07, which conveys that the firm had a 0.07% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Life Electric Vehicles Mean Deviation of 6.95, downside deviation of 25.93, and Risk Adjusted Performance of 0.0619 to evaluate company specific risk that cannot be diversified away. Life Electric holds a performance score of 5 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Life Electric are expected to decrease at a much lower rate. During the bear market, Life Electric is likely to outperform the market. Use Life Electric Vehicles total risk alpha and the relationship between the potential upside and price action indicator , to analyze future returns on Life Electric Vehicles.
Auto-correlation | 0.67 |
Good predictability
Life Electric Vehicles has good predictability. Overlapping area represents the amount of predictability between Life Electric time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Life Electric Vehicles price movement. The serial correlation of 0.67 indicates that around 67.0% of current Life Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Life Electric Vehicles lagged returns against current returns
Autocorrelation, which is Life Electric 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 Life Electric's pink sheet expected returns. We can calculate the autocorrelation of Life Electric returns to help us make a trade decision. For example, suppose you find that Life Electric 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 |
Life Electric 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 Life Electric pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Life Electric pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Life Electric pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Life Electric Lagged Returns
When evaluating Life Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Life Electric pink sheet have on its future price. Life Electric 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, Life Electric autocorrelation shows the relationship between Life Electric pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Life Electric Vehicles.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Life Pink Sheet Analysis
When running Life Electric's price analysis, check to measure Life Electric'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 Life Electric is operating at the current time. Most of Life Electric's value examination focuses on studying past and present price action to predict the probability of Life Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Electric's price. Additionally, you may evaluate how the addition of Life Electric to your portfolios can decrease your overall portfolio volatility.