Leanlife Health Stock Market Value
LNLHF Stock | USD 0.01 0.00 0.00% |
Symbol | LeanLife |
LeanLife Health '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 LeanLife Health'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 LeanLife Health.
05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in LeanLife Health on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding LeanLife Health or generate 0.0% return on investment in LeanLife Health over 180 days. LeanLife Health is related to or competes with Premier Foods, Elamex SA, Ajinomoto, Bellring Brands, Bit Origin, Better Choice, and Farmmi. LeanLife Health Inc. provides omega-3 plant-based oils worldwide More
LeanLife Health 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 LeanLife Health'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 LeanLife Health upside and downside potential and time the market with a certain degree of confidence.
LeanLife Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LeanLife Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LeanLife Health's standard deviation. In reality, there are many statistical measures that can use LeanLife Health historical prices to predict the future LeanLife Health's volatility.LeanLife Health Backtested Returns
We have found three technical indicators for LeanLife Health, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and LeanLife Health are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
LeanLife Health has no correlation between past and present. Overlapping area represents the amount of predictability between LeanLife Health time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 LeanLife Health price movement. The serial correlation of 0.0 indicates that just 0.0% of current LeanLife Health price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
LeanLife Health lagged returns against current returns
Autocorrelation, which is LeanLife Health 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 LeanLife Health's pink sheet expected returns. We can calculate the autocorrelation of LeanLife Health returns to help us make a trade decision. For example, suppose you find that LeanLife Health 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 |
LeanLife Health 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 LeanLife Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LeanLife Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LeanLife Health pink sheet over time.
Current vs Lagged Prices |
Timeline |
LeanLife Health Lagged Returns
When evaluating LeanLife Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LeanLife Health pink sheet have on its future price. LeanLife Health 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, LeanLife Health autocorrelation shows the relationship between LeanLife Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in LeanLife Health.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LeanLife Pink Sheet
LeanLife Health financial ratios help investors to determine whether LeanLife 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 LeanLife with respect to the benefits of owning LeanLife Health security.