Logiq Inc Stock Market Value
| LGIQ Stock | USD 0.02 0 5.88% |
| Symbol | Logiq |
Logiq '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 Logiq'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 Logiq.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Logiq on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Logiq Inc or generate 0.0% return on investment in Logiq over 510 days. Logiq is related to or competes with FingerMotion. Logiq, Inc. provides e-commerce solutions in the European Union, Southeast Asia, Africa, South Korea, and North America More
Logiq 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 Logiq'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 Logiq Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.61 | |||
| Information Ratio | 0.0042 | |||
| Maximum Drawdown | 58.93 | |||
| Value At Risk | (20.59) | |||
| Potential Upside | 24.0 |
Logiq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logiq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logiq's standard deviation. In reality, there are many statistical measures that can use Logiq historical prices to predict the future Logiq's volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (1.57) | |||
| Sortino Ratio | 0.0034 | |||
| Treynor Ratio | 0.0687 |
Logiq Inc Backtested Returns
Logiq Inc has Sharpe Ratio of -0.0518, which conveys that the firm had a -0.0518% return per unit of risk over the last 3 months. Logiq exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Logiq's Risk Adjusted Performance of 0.0213, downside deviation of 13.61, and Mean Deviation of 7.43 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.4, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Logiq will likely underperform. At this point, Logiq Inc has a negative expected return of -0.51%. Please make sure to verify Logiq's total risk alpha and the relationship between the potential upside and day typical price , to decide if Logiq Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Logiq Inc has poor predictability. Overlapping area represents the amount of predictability between Logiq time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Logiq Inc price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Logiq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Logiq Inc lagged returns against current returns
Autocorrelation, which is Logiq 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 Logiq's pink sheet expected returns. We can calculate the autocorrelation of Logiq returns to help us make a trade decision. For example, suppose you find that Logiq 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 |
Logiq 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 Logiq pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logiq pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logiq pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Logiq Lagged Returns
When evaluating Logiq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logiq pink sheet have on its future price. Logiq 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, Logiq autocorrelation shows the relationship between Logiq pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Logiq Inc.
Regressed Prices |
| Timeline |
Pair Trading with Logiq
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 Logiq 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 Logiq will appreciate offsetting losses from the drop in the long position's value.Moving against Logiq Pink Sheet
| 0.79 | STLD | Steel Dynamics Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | NVDA | NVIDIA | PairCorr |
| 0.77 | CRM | Salesforce Earnings Call Tomorrow | PairCorr |
| 0.74 | SAPGF | SAP SE | PairCorr |
| 0.74 | CRWD | Crowdstrike Holdings Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Logiq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logiq 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 Logiq - 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 Logiq Inc to buy it.
The correlation of Logiq 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 Logiq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logiq Inc 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 Logiq 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.Additional Tools for Logiq Pink Sheet Analysis
When running Logiq's price analysis, check to measure Logiq'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 Logiq is operating at the current time. Most of Logiq's value examination focuses on studying past and present price action to predict the probability of Logiq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logiq's price. Additionally, you may evaluate how the addition of Logiq to your portfolios can decrease your overall portfolio volatility.