Labrador Iron Ore Stock Market Value
| LIFZF Stock | USD 21.16 0.24 1.15% |
| Symbol | Labrador |
Labrador Iron '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 Labrador Iron'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 Labrador Iron.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Labrador Iron on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Labrador Iron Ore or generate 0.0% return on investment in Labrador Iron over 720 days. Labrador Iron is related to or competes with Olympic Steel, Universal Stainless, Outokumpu Oyj, Usinas Siderurgicas, POSCO Holdings, Nucor Corp, and United States. Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10 percent equity int... More
Labrador Iron 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 Labrador Iron'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 Labrador Iron Ore upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.89 |
Labrador Iron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Labrador Iron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Labrador Iron's standard deviation. In reality, there are many statistical measures that can use Labrador Iron historical prices to predict the future Labrador Iron's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.29) |
Labrador Iron Ore Backtested Returns
We have found twenty-three technical indicators for Labrador Iron, which you can use to evaluate the volatility of the firm. Please verify Labrador Iron's Mean Deviation of 1.16, risk adjusted performance of (0.01), and Standard Deviation of 1.57 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Labrador Iron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Labrador Iron is expected to be smaller as well. Labrador Iron Ore right now secures a risk of 1.55%. Please verify Labrador Iron Ore total risk alpha, as well as the relationship between the skewness and day median price , to decide if Labrador Iron Ore will be following its current price movements.
Auto-correlation | 0.33 |
Below average predictability
Labrador Iron Ore has below average predictability. Overlapping area represents the amount of predictability between Labrador Iron time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Labrador Iron Ore price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Labrador Iron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
Labrador Iron Ore lagged returns against current returns
Autocorrelation, which is Labrador Iron 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 Labrador Iron's pink sheet expected returns. We can calculate the autocorrelation of Labrador Iron returns to help us make a trade decision. For example, suppose you find that Labrador Iron 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 |
Labrador Iron 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 Labrador Iron pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Labrador Iron pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Labrador Iron pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Labrador Iron Lagged Returns
When evaluating Labrador Iron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Labrador Iron pink sheet have on its future price. Labrador Iron 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, Labrador Iron autocorrelation shows the relationship between Labrador Iron pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Labrador Iron Ore.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Labrador Pink Sheet
Labrador Iron financial ratios help investors to determine whether Labrador Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Labrador with respect to the benefits of owning Labrador Iron security.