Lindian Resources (Australia) Market Value
| LIN Stock | 0.1 0.02 18.33% |
| Symbol | Lindian |
Lindian Resources '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 Lindian Resources' 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 Lindian Resources.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Lindian Resources on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Lindian Resources or generate 0.0% return on investment in Lindian Resources over 540 days. Lindian Resources is related to or competes with ARN Media, Autosports, Thorney Technologies, Qbe Insurance, and Readytech Holdings. Lindian Resources is entity of Australia More
Lindian Resources 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 Lindian Resources' 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 Lindian Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 28.18 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Lindian Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lindian Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lindian Resources' standard deviation. In reality, there are many statistical measures that can use Lindian Resources historical prices to predict the future Lindian Resources' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | 0.1086 |
Lindian Resources Backtested Returns
Currently, Lindian Resources is out of control. Lindian Resources has Sharpe Ratio of 0.0034, which conveys that the firm had a 0.0034% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Lindian Resources, which you can use to evaluate the volatility of the firm. Please verify Lindian Resources' Mean Deviation of 4.33, insignificant risk adjusted performance, and Standard Deviation of 6.39 to check out if the risk estimate we provide is consistent with the expected return of 0.0217%. The company secures a Beta (Market Risk) of -1.06, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Lindian Resources are expected to decrease slowly. On the other hand, during market turmoil, Lindian Resources is expected to outperform it slightly. Lindian Resources right now secures a risk of 6.4%. Please verify Lindian Resources treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Lindian Resources will be following its current price movements.
Auto-correlation | 0.68 |
Good predictability
Lindian Resources has good predictability. Overlapping area represents the amount of predictability between Lindian Resources 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 Lindian Resources price movement. The serial correlation of 0.68 indicates that around 68.0% of current Lindian Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lindian Resources lagged returns against current returns
Autocorrelation, which is Lindian Resources 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 Lindian Resources' stock expected returns. We can calculate the autocorrelation of Lindian Resources returns to help us make a trade decision. For example, suppose you find that Lindian Resources 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 |
Lindian Resources 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 Lindian Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lindian Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lindian Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Lindian Resources Lagged Returns
When evaluating Lindian Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lindian Resources stock have on its future price. Lindian Resources 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, Lindian Resources autocorrelation shows the relationship between Lindian Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Lindian Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lindian Stock Analysis
When running Lindian Resources' price analysis, check to measure Lindian Resources' 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 Lindian Resources is operating at the current time. Most of Lindian Resources' value examination focuses on studying past and present price action to predict the probability of Lindian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lindian Resources' price. Additionally, you may evaluate how the addition of Lindian Resources to your portfolios can decrease your overall portfolio volatility.