Lesico (Israel) Market Value
| LSCO Stock | 399.80 4.70 1.16% |
| Symbol | Lesico |
Lesico '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 Lesico'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 Lesico.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Lesico on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Lesico or generate 0.0% return on investment in Lesico over 720 days. Lesico is related to or competes with Priortech, Scope Metals, Terminal X, Payment Financial, Sarine Technologies, Big Tech, and Abra Information. Lesico Ltd., together with its subsidiaries, specializes in the infrastructure projects in Israel and internationally More
Lesico 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 Lesico'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 Lesico upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.1672 | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 6.03 |
Lesico Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lesico's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lesico's standard deviation. In reality, there are many statistical measures that can use Lesico historical prices to predict the future Lesico's volatility.| Risk Adjusted Performance | 0.1287 | |||
| Jensen Alpha | 0.5372 | |||
| Total Risk Alpha | 0.5314 | |||
| Sortino Ratio | 0.2343 | |||
| Treynor Ratio | (0.77) |
Lesico Backtested Returns
Lesico appears to be very steady, given 3 months investment horizon. Lesico 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. By analyzing Lesico's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Lesico's Downside Deviation of 2.28, risk adjusted performance of 0.1287, and Mean Deviation of 2.16 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lesico holds a performance score of 13. The company secures a Beta (Market Risk) of -0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lesico are expected to decrease at a much lower rate. During the bear market, Lesico is likely to outperform the market. Please check Lesico's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Lesico's current price movements will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Lesico has insignificant reverse predictability. Overlapping area represents the amount of predictability between Lesico time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lesico price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Lesico price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 2045.24 |
Lesico lagged returns against current returns
Autocorrelation, which is Lesico 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 Lesico's stock expected returns. We can calculate the autocorrelation of Lesico returns to help us make a trade decision. For example, suppose you find that Lesico 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 |
Lesico 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 Lesico stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lesico stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lesico stock over time.
Current vs Lagged Prices |
| Timeline |
Lesico Lagged Returns
When evaluating Lesico's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lesico stock have on its future price. Lesico 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, Lesico autocorrelation shows the relationship between Lesico stock current value and its past values and can show if there is a momentum factor associated with investing in Lesico.
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.Other Information on Investing in Lesico Stock
Lesico financial ratios help investors to determine whether Lesico 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 Lesico with respect to the benefits of owning Lesico security.