Lipocine Stock Market Value
| LPCN Stock | USD 4.71 0.05 1.05% |
| Symbol | Lipocine |
Lipocine Price To Book Ratio
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lipocine. If investors know Lipocine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lipocine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 0.903 | Quarterly Revenue Growth 137.519 | Return On Assets (0.23) | Return On Equity (0.34) |
The market value of Lipocine is measured differently than its book value, which is the value of Lipocine that is recorded on the company's balance sheet. Investors also form their own opinion of Lipocine's value that differs from its market value or its book value, called intrinsic value, which is Lipocine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lipocine's market value can be influenced by many factors that don't directly affect Lipocine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lipocine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lipocine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lipocine's 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.
Lipocine '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 Lipocine's 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 Lipocine.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Lipocine on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Lipocine or generate 0.0% return on investment in Lipocine over 720 days. Lipocine is related to or competes with Agilent Technologies, Equillium, 23Andme Holding, DiaMedica Therapeutics, Valneva SE, Vivani Medical, and Denali Therapeutics. Lipocine Inc., a clinical-stage biopharmaceutical company, focuses on the development of pharmaceutical products for the... More
Lipocine 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 Lipocine's 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 Lipocine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.0879 | |||
| Maximum Drawdown | 27.84 | |||
| Value At Risk | (6.14) | |||
| Potential Upside | 7.08 |
Lipocine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lipocine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lipocine's standard deviation. In reality, there are many statistical measures that can use Lipocine historical prices to predict the future Lipocine's volatility.| Risk Adjusted Performance | 0.0906 | |||
| Jensen Alpha | 0.4768 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | 10.85 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lipocine's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lipocine Backtested Returns
Lipocine appears to be somewhat reliable, given 3 months investment horizon. Lipocine 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. By analyzing Lipocine's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Lipocine's Downside Deviation of 4.28, mean deviation of 3.29, and Risk Adjusted Performance of 0.0906 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lipocine holds a performance score of 8. The company secures a Beta (Market Risk) of 0.0443, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lipocine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lipocine is expected to be smaller as well. Please check Lipocine's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Lipocine's current price movements will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Lipocine has modest reverse predictability. Overlapping area represents the amount of predictability between Lipocine time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Lipocine price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Lipocine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 2.32 |
Lipocine lagged returns against current returns
Autocorrelation, which is Lipocine 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 Lipocine's stock expected returns. We can calculate the autocorrelation of Lipocine returns to help us make a trade decision. For example, suppose you find that Lipocine 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 |
Lipocine 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 Lipocine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lipocine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lipocine stock over time.
Current vs Lagged Prices |
| Timeline |
Lipocine Lagged Returns
When evaluating Lipocine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lipocine stock have on its future price. Lipocine 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, Lipocine autocorrelation shows the relationship between Lipocine stock current value and its past values and can show if there is a momentum factor associated with investing in Lipocine.
Regressed Prices |
| Timeline |
Pair Trading with Lipocine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lipocine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lipocine will appreciate offsetting losses from the drop in the long position's value.Moving against Lipocine Stock
| 0.78 | ONCT | Oncternal Therapeutics | PairCorr |
| 0.76 | ERNA | Eterna Therapeutics | PairCorr |
| 0.73 | INKT | Mink Therapeutics | PairCorr |
| 0.72 | VALN | Valneva SE ADR | PairCorr |
| 0.72 | DYAI | Dyadic International | PairCorr |
The ability to find closely correlated positions to Lipocine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lipocine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lipocine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lipocine to buy it.
The correlation of Lipocine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lipocine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lipocine moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lipocine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Lipocine Correlation, Lipocine Volatility and Lipocine Alpha and Beta module to complement your research on Lipocine. To learn how to invest in Lipocine Stock, please use our How to Invest in Lipocine guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Lipocine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.