Lhyfe SA (France) Market Value
| LHYFE Stock | 3.05 0.01 0.33% |
| Symbol | Lhyfe |
Lhyfe SA '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 Lhyfe SA's 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 Lhyfe SA.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Lhyfe SA on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Lhyfe SA or generate 0.0% return on investment in Lhyfe SA over 720 days. Lhyfe SA is related to or competes with Hydrogene, Hydrogen Refueling, and Neoen SA. More
Lhyfe SA 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 Lhyfe SA's 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 Lhyfe SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 12.66 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 3.71 |
Lhyfe SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lhyfe SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lhyfe SA's standard deviation. In reality, there are many statistical measures that can use Lhyfe SA historical prices to predict the future Lhyfe SA's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | 1.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lhyfe SA'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.
Lhyfe SA Backtested Returns
Lhyfe SA has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Lhyfe SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lhyfe SA's Risk Adjusted Performance of (0.11), standard deviation of 2.27, and Mean Deviation of 1.7 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lhyfe SA are expected to decrease at a much lower rate. During the bear market, Lhyfe SA is likely to outperform the market. At this point, Lhyfe SA has a negative expected return of -0.36%. Please make sure to verify Lhyfe SA's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Lhyfe SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.83 |
Very good predictability
Lhyfe SA has very good predictability. Overlapping area represents the amount of predictability between Lhyfe SA time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Lhyfe SA price movement. The serial correlation of 0.83 indicates that around 83.0% of current Lhyfe SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Lhyfe SA lagged returns against current returns
Autocorrelation, which is Lhyfe SA 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 Lhyfe SA's stock expected returns. We can calculate the autocorrelation of Lhyfe SA returns to help us make a trade decision. For example, suppose you find that Lhyfe SA 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 |
Lhyfe SA 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 Lhyfe SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lhyfe SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lhyfe SA stock over time.
Current vs Lagged Prices |
| Timeline |
Lhyfe SA Lagged Returns
When evaluating Lhyfe SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lhyfe SA stock have on its future price. Lhyfe SA 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, Lhyfe SA autocorrelation shows the relationship between Lhyfe SA stock current value and its past values and can show if there is a momentum factor associated with investing in Lhyfe SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lhyfe Stock Analysis
When running Lhyfe SA's price analysis, check to measure Lhyfe SA'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 Lhyfe SA is operating at the current time. Most of Lhyfe SA's value examination focuses on studying past and present price action to predict the probability of Lhyfe SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lhyfe SA's price. Additionally, you may evaluate how the addition of Lhyfe SA to your portfolios can decrease your overall portfolio volatility.