Loop Energy Stock Market Value
| LPENF Stock | USD 0.08 0.00 0.00% |
| Symbol | Loop |
Loop Energy '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 Loop Energy'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 Loop Energy.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Loop Energy on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Loop Energy or generate 0.0% return on investment in Loop Energy over 510 days. Loop Energy is related to or competes with FREYR Battery, NVent Electric, Hubbell, Advanced Energy, Vertiv Holdings, Energizer Holdings, and NeoVolta Common. Loop Energy Inc. develops, manufactures, and supplies hydrogen fuel cells to vehicle and power generation system manufac... More
Loop Energy 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 Loop Energy'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 Loop Energy upside and downside potential and time the market with a certain degree of confidence.
Loop Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loop Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loop Energy's standard deviation. In reality, there are many statistical measures that can use Loop Energy historical prices to predict the future Loop Energy's volatility.Loop Energy Backtested Returns
We have found three technical indicators for Loop Energy, 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 Loop Energy are completely uncorrelated.
Auto-correlation | 0.48 |
Average predictability
Loop Energy has average predictability. Overlapping area represents the amount of predictability between Loop Energy time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Loop Energy price movement. The serial correlation of 0.48 indicates that about 48.0% of current Loop Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Loop Energy lagged returns against current returns
Autocorrelation, which is Loop Energy 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 Loop Energy's pink sheet expected returns. We can calculate the autocorrelation of Loop Energy returns to help us make a trade decision. For example, suppose you find that Loop Energy 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 |
Loop Energy 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 Loop Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loop Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loop Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Loop Energy Lagged Returns
When evaluating Loop Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loop Energy pink sheet have on its future price. Loop Energy 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, Loop Energy autocorrelation shows the relationship between Loop Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Loop Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Loop Pink Sheet
Loop Energy financial ratios help investors to determine whether Loop 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 Loop with respect to the benefits of owning Loop Energy security.