Look Holdings (Germany) Market Value
| LOO Stock | EUR 15.90 0.10 0.63% |
| Symbol | Look |
Look 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 Look Holdings' 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 Look Holdings.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Look Holdings on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Look Holdings or generate 0.0% return on investment in Look Holdings over 720 days. Look Holdings is related to or competes with ELECTRONIC ARTS, METHODE ELECTRONICS, STORE ELECTRONIC, SOLSTAD OFFSHORE, SIEM OFFSHORE, American Airlines, and BYD ELECTRONIC. More
Look 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 Look Holdings' 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 Look Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.641 |
Look Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Look Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Look Holdings' standard deviation. In reality, there are many statistical measures that can use Look Holdings historical prices to predict the future Look Holdings' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (1.22) |
Look Holdings Backtested Returns
Look 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. Look Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Look Holdings' Risk Adjusted Performance of (0.08), standard deviation of 0.6033, and Mean Deviation of 0.3029 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0602, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Look Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Look Holdings is expected to be smaller as well. At this point, Look Holdings has a negative expected return of -0.0644%. Please make sure to verify Look Holdings' kurtosis, and the relationship between the treynor ratio and day median price , to decide if Look Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Look Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Look Holdings time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Look Holdings price movement. The serial correlation of 0.03 indicates that only 3.0% of current Look Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Look Holdings lagged returns against current returns
Autocorrelation, which is Look Holdings 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 Look Holdings' stock expected returns. We can calculate the autocorrelation of Look Holdings returns to help us make a trade decision. For example, suppose you find that Look Holdings 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 |
Look 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 Look Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Look Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Look Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Look Holdings Lagged Returns
When evaluating Look Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Look Holdings stock have on its future price. Look 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, Look Holdings autocorrelation shows the relationship between Look Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Look Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Look Stock Analysis
When running Look Holdings' price analysis, check to measure Look 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 Look Holdings is operating at the current time. Most of Look Holdings' value examination focuses on studying past and present price action to predict the probability of Look Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Look Holdings' price. Additionally, you may evaluate how the addition of Look Holdings to your portfolios can decrease your overall portfolio volatility.