Loreal Co Adr Stock Market Value
| LRLCY Stock | USD 68.50 0.87 1.29% |
| Symbol | L’Oreal |
L’Oreal Co '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 L’Oreal Co'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 L’Oreal Co.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in L’Oreal Co on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding LOreal Co ADR or generate 0.0% return on investment in L’Oreal Co over 300 days. L’Oreal Co is related to or competes with Unilever PLC, Estee Lauder, Church Dwight, Mannatech Incorporated, Edgewell Personal, Inter Parfums, and Nu Skin. LOral S.A., through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide More
L’Oreal Co 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 L’Oreal Co'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 LOreal Co ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.94 |
L’Oreal Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for L’Oreal Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as L’Oreal Co's standard deviation. In reality, there are many statistical measures that can use L’Oreal Co historical prices to predict the future L’Oreal Co's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | 4.67 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of L’Oreal Co'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.
LOreal Co ADR Backtested Returns
LOreal Co ADR has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. L’Oreal Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify L’Oreal Co's Risk Adjusted Performance of (0.13), standard deviation of 1.93, and Mean Deviation of 1.3 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0744, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning L’Oreal Co are expected to decrease at a much lower rate. During the bear market, L’Oreal Co is likely to outperform the market. At this point, LOreal Co ADR has a negative expected return of -0.36%. Please make sure to verify L’Oreal Co's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if LOreal Co ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
LOreal Co ADR has insignificant reverse predictability. Overlapping area represents the amount of predictability between L’Oreal Co time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 LOreal Co ADR price movement. The serial correlation of -0.19 indicates that over 19.0% of current L’Oreal Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 38.85 |
LOreal Co ADR lagged returns against current returns
Autocorrelation, which is L’Oreal Co 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 L’Oreal Co's pink sheet expected returns. We can calculate the autocorrelation of L’Oreal Co returns to help us make a trade decision. For example, suppose you find that L’Oreal Co 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 |
L’Oreal Co 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 L’Oreal Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if L’Oreal Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in L’Oreal Co pink sheet over time.
Current vs Lagged Prices |
| Timeline |
L’Oreal Co Lagged Returns
When evaluating L’Oreal Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of L’Oreal Co pink sheet have on its future price. L’Oreal Co 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, L’Oreal Co autocorrelation shows the relationship between L’Oreal Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in LOreal Co ADR.
Regressed Prices |
| Timeline |
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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.Additional Tools for L’Oreal Pink Sheet Analysis
When running L’Oreal Co's price analysis, check to measure L’Oreal Co's 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 L’Oreal Co is operating at the current time. Most of L’Oreal Co's value examination focuses on studying past and present price action to predict the probability of L’Oreal Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L’Oreal Co's price. Additionally, you may evaluate how the addition of L’Oreal Co to your portfolios can decrease your overall portfolio volatility.