Logan Ridge Finance Stock Market Value
| LRFC Stock | USD 25.39 0.28 1.12% |
| Symbol | Logan |
Logan Ridge Finance Price To Book Ratio
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.28 | Earnings Share (1.22) | Revenue Per Share 7.449 | Quarterly Revenue Growth (0) | Return On Assets 0.0381 |
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge'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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge'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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge'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.
Logan Ridge '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 Logan Ridge'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 Logan Ridge.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Logan Ridge on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Logan Ridge Finance or generate 0.0% return on investment in Logan Ridge over 720 days. Logan Ridge is related to or competes with Badger Infrastructure, Portman Ridge, Inotiv, and Phenixfin. Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp More
Logan Ridge 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 Logan Ridge'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 Logan Ridge Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9213 | |||
| Information Ratio | 0.0919 | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.66 |
Logan Ridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logan Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logan Ridge's standard deviation. In reality, there are many statistical measures that can use Logan Ridge historical prices to predict the future Logan Ridge's volatility.| Risk Adjusted Performance | 0.1166 | |||
| Jensen Alpha | 0.2491 | |||
| Total Risk Alpha | 0.0484 | |||
| Sortino Ratio | 0.1718 | |||
| Treynor Ratio | (3.89) |
Logan Ridge Finance Backtested Returns
Logan Ridge appears to be very steady, given 3 months investment horizon. Logan Ridge Finance has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Logan Ridge, which you can use to evaluate the volatility of the firm. Please exercise Logan Ridge's Mean Deviation of 0.9499, downside deviation of 0.9213, and Risk Adjusted Performance of 0.1166 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Logan Ridge holds a performance score of 13. The company secures a Beta (Market Risk) of -0.0627, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Logan Ridge are expected to decrease at a much lower rate. During the bear market, Logan Ridge is likely to outperform the market. Please check Logan Ridge's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether Logan Ridge's current price movements will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Logan Ridge Finance has very weak reverse predictability. Overlapping area represents the amount of predictability between Logan Ridge time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Logan Ridge Finance price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Logan Ridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
Logan Ridge Finance lagged returns against current returns
Autocorrelation, which is Logan Ridge 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 Logan Ridge's stock expected returns. We can calculate the autocorrelation of Logan Ridge returns to help us make a trade decision. For example, suppose you find that Logan Ridge 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 |
Logan Ridge 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 Logan Ridge stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logan Ridge stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logan Ridge stock over time.
Current vs Lagged Prices |
| Timeline |
Logan Ridge Lagged Returns
When evaluating Logan Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logan Ridge stock have on its future price. Logan Ridge 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, Logan Ridge autocorrelation shows the relationship between Logan Ridge stock current value and its past values and can show if there is a momentum factor associated with investing in Logan Ridge Finance.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:Check out Logan Ridge Correlation, Logan Ridge Volatility and Logan Ridge Alpha and Beta module to complement your research on Logan Ridge. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Logan Ridge 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.