Lifeist Wellness Stock Market Value
| LFST Stock | 0.04 0.01 10.00% |
| Symbol | Lifeist |
Lifeist Wellness Price To Book Ratio
Lifeist Wellness '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 Lifeist Wellness' 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 Lifeist Wellness.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Lifeist Wellness on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Lifeist Wellness or generate 0.0% return on investment in Lifeist Wellness over 30 days. Lifeist Wellness is related to or competes with Tilray. Lifeist Wellness is entity of Canada. It is traded as Stock on V exchange. More
Lifeist Wellness 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 Lifeist Wellness' 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 Lifeist Wellness upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 37.65 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 12.5 |
Lifeist Wellness Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifeist Wellness' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifeist Wellness' standard deviation. In reality, there are many statistical measures that can use Lifeist Wellness historical prices to predict the future Lifeist Wellness' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (1.96) | |||
| Treynor Ratio | 0.5331 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lifeist Wellness' 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.
Lifeist Wellness Backtested Returns
Lifeist Wellness has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Lifeist Wellness exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lifeist Wellness' Mean Deviation of 4.92, risk adjusted performance of (0.08), and Standard Deviation of 7.19 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.65, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lifeist Wellness are expected to decrease by larger amounts. On the other hand, during market turmoil, Lifeist Wellness is expected to outperform it. At this point, Lifeist Wellness has a negative expected return of -0.85%. Please make sure to verify Lifeist Wellness' standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Lifeist Wellness performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Lifeist Wellness has modest reverse predictability. Overlapping area represents the amount of predictability between Lifeist Wellness time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Lifeist Wellness price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Lifeist Wellness price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lifeist Wellness lagged returns against current returns
Autocorrelation, which is Lifeist Wellness 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 Lifeist Wellness' stock expected returns. We can calculate the autocorrelation of Lifeist Wellness returns to help us make a trade decision. For example, suppose you find that Lifeist Wellness 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 |
Lifeist Wellness 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 Lifeist Wellness stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifeist Wellness stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifeist Wellness stock over time.
Current vs Lagged Prices |
| Timeline |
Lifeist Wellness Lagged Returns
When evaluating Lifeist Wellness' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifeist Wellness stock have on its future price. Lifeist Wellness 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, Lifeist Wellness autocorrelation shows the relationship between Lifeist Wellness stock current value and its past values and can show if there is a momentum factor associated with investing in Lifeist Wellness.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Lifeist Stock Analysis
When running Lifeist Wellness' price analysis, check to measure Lifeist Wellness' 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 Lifeist Wellness is operating at the current time. Most of Lifeist Wellness' value examination focuses on studying past and present price action to predict the probability of Lifeist Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifeist Wellness' price. Additionally, you may evaluate how the addition of Lifeist Wellness to your portfolios can decrease your overall portfolio volatility.