Life360 Stock Market Value
| LIFX Stock | USD 13.91 0.09 0.64% |
| Symbol | Life360 |
Life360 '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 Life360'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 Life360.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Life360 on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Life360 or generate 0.0% return on investment in Life360 over 60 days. Life360 is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. Life360, Inc. develops and delivers a mobile application in the United States and internationally More
Life360 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 Life360'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 Life360 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.38 | |||
| Information Ratio | 0.0607 | |||
| Maximum Drawdown | 39.39 | |||
| Value At Risk | (6.77) | |||
| Potential Upside | 13.36 |
Life360 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Life360's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Life360's standard deviation. In reality, there are many statistical measures that can use Life360 historical prices to predict the future Life360's volatility.| Risk Adjusted Performance | 0.0702 | |||
| Jensen Alpha | 0.3613 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0291 | |||
| Treynor Ratio | 0.6146 |
Life360 Backtested Returns
At this stage we consider Life360 Pink Sheet to be somewhat reliable. Life360 has Sharpe Ratio of 0.0392, which conveys that the firm had a 0.0392% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Life360, which you can use to evaluate the volatility of the firm. Please verify Life360's Downside Deviation of 11.38, mean deviation of 2.43, and Risk Adjusted Performance of 0.0702 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Life360 has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Life360's returns are expected to increase less than the market. However, during the bear market, the loss of holding Life360 is expected to be smaller as well. Life360 right now secures a risk of 4.53%. Please verify Life360 sortino ratio, as well as the relationship between the semi variance and day median price , to decide if Life360 will be following its current price movements.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Life360 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Life360 time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd 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 Life360 price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Life360 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Life360 lagged returns against current returns
Autocorrelation, which is Life360 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 Life360's pink sheet expected returns. We can calculate the autocorrelation of Life360 returns to help us make a trade decision. For example, suppose you find that Life360 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 |
Life360 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 Life360 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Life360 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Life360 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Life360 Lagged Returns
When evaluating Life360's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Life360 pink sheet have on its future price. Life360 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, Life360 autocorrelation shows the relationship between Life360 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Life360.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Life360 Pink Sheet Analysis
When running Life360's price analysis, check to measure Life360'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 Life360 is operating at the current time. Most of Life360's value examination focuses on studying past and present price action to predict the probability of Life360's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life360's price. Additionally, you may evaluate how the addition of Life360 to your portfolios can decrease your overall portfolio volatility.