Lig Assets Stock Market Value
| LIGA Stock | USD 0.01 0.0001 0.70% |
| Symbol | Lig |
Lig Assets '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 Lig Assets' 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 Lig Assets.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Lig Assets on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Lig Assets or generate 0.0% return on investment in Lig Assets over 540 days. Lig Assets is related to or competes with Baosheng Media, MGO Global, and Steel Connect. LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas More
Lig Assets 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 Lig Assets' 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 Lig Assets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 65.54 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 21.34 |
Lig Assets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lig Assets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lig Assets' standard deviation. In reality, there are many statistical measures that can use Lig Assets historical prices to predict the future Lig Assets' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (2.12) | |||
| Treynor Ratio | 0.4251 |
Lig Assets Backtested Returns
Lig Assets has Sharpe Ratio of -0.0188, which conveys that the firm had a -0.0188% return per unit of risk over the last 3 months. Lig Assets exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lig Assets' Risk Adjusted Performance of (0.01), mean deviation of 7.88, and Standard Deviation of 12.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lig Assets are expected to decrease at a much lower rate. During the bear market, Lig Assets is likely to outperform the market. At this point, Lig Assets has a negative expected return of -0.24%. Please make sure to verify Lig Assets' value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if Lig Assets performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Lig Assets has average predictability. Overlapping area represents the amount of predictability between Lig Assets time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Lig Assets price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Lig Assets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lig Assets lagged returns against current returns
Autocorrelation, which is Lig Assets 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 Lig Assets' pink sheet expected returns. We can calculate the autocorrelation of Lig Assets returns to help us make a trade decision. For example, suppose you find that Lig Assets 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 |
Lig Assets 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 Lig Assets pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lig Assets pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lig Assets pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lig Assets Lagged Returns
When evaluating Lig Assets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lig Assets pink sheet have on its future price. Lig Assets 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, Lig Assets autocorrelation shows the relationship between Lig Assets pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lig Assets.
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.Other Information on Investing in Lig Pink Sheet
Lig Assets financial ratios help investors to determine whether Lig 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 Lig with respect to the benefits of owning Lig Assets security.