Los Andes Copper Stock Market Value
| LSANF Stock | USD 5.54 0.53 10.58% |
| Symbol | Los |
Los Andes '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 Los Andes' otc 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 Los Andes.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Los Andes on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Los Andes Copper or generate 0.0% return on investment in Los Andes over 30 days. Los Andes is related to or competes with Hot Chili. Los Andes Copper Ltd. acquires, explores, and develops copper deposits in Canada and Chile More
Los Andes 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 Los Andes' otc 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 Los Andes Copper upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 19.61 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 4.17 |
Los Andes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Los Andes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Los Andes' standard deviation. In reality, there are many statistical measures that can use Los Andes historical prices to predict the future Los Andes' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.46) |
Los Andes Copper Backtested Returns
Los Andes Copper has Sharpe Ratio of -0.0976, which conveys that the firm had a -0.0976% return per unit of risk over the last 3 months. Los Andes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Los Andes' Standard Deviation of 2.97, risk adjusted performance of (0.05), and Mean Deviation of 1.49 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Los Andes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Los Andes is expected to be smaller as well. At this point, Los Andes Copper has a negative expected return of -0.24%. Please make sure to verify Los Andes' kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Los Andes Copper performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Los Andes Copper has very good predictability. Overlapping area represents the amount of predictability between Los Andes time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 Los Andes Copper price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Los Andes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Los Andes Copper lagged returns against current returns
Autocorrelation, which is Los Andes otc 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 Los Andes' otc stock expected returns. We can calculate the autocorrelation of Los Andes returns to help us make a trade decision. For example, suppose you find that Los Andes has exhibited high autocorrelation historically, and you observe that the otc 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 |
Los Andes 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 Los Andes otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Los Andes otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Los Andes otc stock over time.
Current vs Lagged Prices |
| Timeline |
Los Andes Lagged Returns
When evaluating Los Andes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Los Andes otc stock have on its future price. Los Andes 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, Los Andes autocorrelation shows the relationship between Los Andes otc stock current value and its past values and can show if there is a momentum factor associated with investing in Los Andes Copper.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Los OTC Stock
Los Andes financial ratios help investors to determine whether Los OTC Stock 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 Los with respect to the benefits of owning Los Andes security.