LSI Software (Poland) Market Value
| LSI Stock | 15.00 0.60 4.17% |
| Symbol | LSI |
LSI Software '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 LSI Software'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 LSI Software.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in LSI Software on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding LSI Software SA or generate 0.0% return on investment in LSI Software over 390 days. LSI Software is related to or competes with Asseco Poland, Asseco Business, Quantum Software. More
LSI Software 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 LSI Software'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 LSI Software SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.74 |
LSI Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LSI Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LSI Software's standard deviation. In reality, there are many statistical measures that can use LSI Software historical prices to predict the future LSI Software's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.4312 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LSI Software'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.
LSI Software SA Backtested Returns
LSI Software SA has Sharpe Ratio of -0.0149, which conveys that the firm had a -0.0149% return per unit of risk over the last 3 months. LSI Software exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LSI Software's mean deviation of 1.13, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LSI Software are expected to decrease at a much lower rate. During the bear market, LSI Software is likely to outperform the market. At this point, LSI Software SA has a negative expected return of -0.0264%. Please make sure to verify LSI Software's treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if LSI Software SA performance from the past will be repeated at future time.
Auto-correlation | 0.29 |
Poor predictability
LSI Software SA has poor predictability. Overlapping area represents the amount of predictability between LSI Software time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 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 LSI Software SA price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current LSI Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
LSI Software SA lagged returns against current returns
Autocorrelation, which is LSI Software 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 LSI Software's stock expected returns. We can calculate the autocorrelation of LSI Software returns to help us make a trade decision. For example, suppose you find that LSI Software 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 |
LSI Software 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 LSI Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LSI Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LSI Software stock over time.
Current vs Lagged Prices |
| Timeline |
LSI Software Lagged Returns
When evaluating LSI Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LSI Software stock have on its future price. LSI Software 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, LSI Software autocorrelation shows the relationship between LSI Software stock current value and its past values and can show if there is a momentum factor associated with investing in LSI Software SA.
Regressed Prices |
| Timeline |
Pair Trading with LSI Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LSI Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LSI Software will appreciate offsetting losses from the drop in the long position's value.Moving together with LSI Stock
Moving against LSI Stock
The ability to find closely correlated positions to LSI Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LSI Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LSI Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LSI Software SA to buy it.
The correlation of LSI Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LSI Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LSI Software SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LSI Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for LSI Stock Analysis
When running LSI Software's price analysis, check to measure LSI Software'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 LSI Software is operating at the current time. Most of LSI Software's value examination focuses on studying past and present price action to predict the probability of LSI Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LSI Software's price. Additionally, you may evaluate how the addition of LSI Software to your portfolios can decrease your overall portfolio volatility.