Lake Resources' market value is the price at which a share of Lake Resources trades on a public exchange. It measures the collective expectations of Lake Resources NL investors about its performance. Lake Resources is trading at 0.0265 as of the 1st of February 2025. This is a 5.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0243. With this module, you can estimate the performance of a buy and hold strategy of Lake Resources NL and determine expected loss or profit from investing in Lake Resources over a given investment horizon. Check out Lake Resources Correlation, Lake Resources Volatility and Lake Resources Alpha and Beta module to complement your research on Lake Resources.
Please note, there is a significant difference between Lake Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lake 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 Lake Resources' otc 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 Lake Resources.
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02/07/2024
No Change 0.00
0.0
In 11 months and 27 days
02/01/2025
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If you would invest 0.00 in Lake Resources on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lake Resources NL or generate 0.0% return on investment in Lake Resources over 360 days. Lake Resources is related to or competes with Ballys Corp, RCI Hospitality, RLJ Lodging, Summit Hotel, Boyd Gaming, Sealed Air, and Air Products. Lake Resources NL explores for and develops lithium brine projects in Argentina More
Lake 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 Lake Resources' otc 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 Lake Resources NL upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lake Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lake Resources' standard deviation. In reality, there are many statistical measures that can use Lake Resources historical prices to predict the future Lake Resources' volatility.
Lake Resources NL has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Lake Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lake Resources' Risk Adjusted Performance of (0.08), standard deviation of 6.42, and Mean Deviation of 5.0 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lake Resources are expected to decrease at a much lower rate. During the bear market, Lake Resources is likely to outperform the market. At this point, Lake Resources NL has a negative expected return of -0.64%. Please make sure to verify Lake Resources' value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Lake Resources NL performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.25
Weak reverse predictability
Lake Resources NL has weak reverse predictability. Overlapping area represents the amount of predictability between Lake Resources time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lake Resources NL price movement. The serial correlation of -0.25 indicates that over 25.0% of current Lake Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.25
Spearman Rank Test
-0.23
Residual Average
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Price Variance
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Lake Resources NL lagged returns against current returns
Autocorrelation, which is Lake Resources otc 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 Lake Resources' otc stock expected returns. We can calculate the autocorrelation of Lake Resources returns to help us make a trade decision. For example, suppose you find that Lake Resources has exhibited high autocorrelation historically, and you observe that the otc 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
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Lake 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 Lake Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lake Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lake Resources otc stock over time.
Current vs Lagged Prices
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Lake Resources Lagged Returns
When evaluating Lake Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lake Resources otc stock have on its future price. Lake 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, Lake Resources autocorrelation shows the relationship between Lake Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lake Resources NL.
Lake Resources financial ratios help investors to determine whether Lake OTC Stock 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 Lake with respect to the benefits of owning Lake Resources security.