Lonking Holdings Ltd Stock Market Value
| LKHLY Stock | USD 8.58 1.28 12.98% |
| Symbol | Lonking |
Lonking Holdings '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 Lonking Holdings' 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 Lonking Holdings.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Lonking Holdings on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Lonking Holdings Ltd or generate 0.0% return on investment in Lonking Holdings over 540 days. Lonking Holdings is related to or competes with Citizens Bancorp, MYR, RBC Bearings, Park Ohio, Cementos Pacasmayo, Inflection Point, and CECO Environmental. Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excav... More
Lonking Holdings 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 Lonking Holdings' 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 Lonking Holdings Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.18 |
Lonking Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lonking Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lonking Holdings' standard deviation. In reality, there are many statistical measures that can use Lonking Holdings historical prices to predict the future Lonking Holdings' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.5912 |
Lonking Holdings Backtested Returns
Lonking Holdings has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Lonking Holdings exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lonking Holdings' Mean Deviation of 0.4196, risk adjusted performance of (0.08), and Standard Deviation of 1.63 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 Lonking Holdings are expected to decrease at a much lower rate. During the bear market, Lonking Holdings is likely to outperform the market. At this point, Lonking Holdings has a negative expected return of -0.19%. Please make sure to verify Lonking Holdings' information ratio and rate of daily change , to decide if Lonking Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Lonking Holdings Ltd has poor reverse predictability. Overlapping area represents the amount of predictability between Lonking Holdings time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Lonking Holdings price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Lonking Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Lonking Holdings lagged returns against current returns
Autocorrelation, which is Lonking Holdings 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 Lonking Holdings' pink sheet expected returns. We can calculate the autocorrelation of Lonking Holdings returns to help us make a trade decision. For example, suppose you find that Lonking Holdings 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 |
Lonking Holdings 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 Lonking Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lonking Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lonking Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lonking Holdings Lagged Returns
When evaluating Lonking Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lonking Holdings pink sheet have on its future price. Lonking Holdings 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, Lonking Holdings autocorrelation shows the relationship between Lonking Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lonking Holdings Ltd.
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 Lonking Pink Sheet Analysis
When running Lonking Holdings' price analysis, check to measure Lonking Holdings' 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 Lonking Holdings is operating at the current time. Most of Lonking Holdings' value examination focuses on studying past and present price action to predict the probability of Lonking Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lonking Holdings' price. Additionally, you may evaluate how the addition of Lonking Holdings to your portfolios can decrease your overall portfolio volatility.