Lyxor SP (UK) Market Value
| LSPX Etf | 4,925 48.30 0.99% |
| Symbol | Lyxor |
Lyxor SP '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 Lyxor SP's etf 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 Lyxor SP.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Lyxor SP on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Lyxor SP 500 or generate 0.0% return on investment in Lyxor SP over 720 days. Lyxor SP is related to or competes with Lyxor Smart, Lyxor UCITS, Lyxor Core, Lyxor Core, Lyxor UCITS, Lyxor UCITS, and Lyxor Treasury. Lyxor SP is entity of United Kingdom. It is traded as Etf on LSE exchange. More
Lyxor SP 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 Lyxor SP's etf 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 Lyxor SP 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5684 | |||
| Information Ratio | 0.0534 | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.14 |
Lyxor SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor SP's standard deviation. In reality, there are many statistical measures that can use Lyxor SP historical prices to predict the future Lyxor SP's volatility.| Risk Adjusted Performance | 0.1515 | |||
| Jensen Alpha | 0.0841 | |||
| Total Risk Alpha | 0.0415 | |||
| Sortino Ratio | 0.0708 | |||
| Treynor Ratio | 0.25 |
Lyxor SP 500 Backtested Returns
Currently, Lyxor SP 500 is very steady. Lyxor SP 500 has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lyxor SP, which you can use to evaluate the volatility of the etf. Please verify Lyxor SP's Mean Deviation of 0.5654, risk adjusted performance of 0.1515, and Downside Deviation of 0.5684 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. The etf secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lyxor SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyxor SP is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Lyxor SP 500 has very good predictability. Overlapping area represents the amount of predictability between Lyxor SP 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 Lyxor SP 500 price movement. The serial correlation of 0.84 indicates that around 84.0% of current Lyxor SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 73.2 K |
Lyxor SP 500 lagged returns against current returns
Autocorrelation, which is Lyxor SP etf'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 Lyxor SP's etf expected returns. We can calculate the autocorrelation of Lyxor SP returns to help us make a trade decision. For example, suppose you find that Lyxor SP has exhibited high autocorrelation historically, and you observe that the etf 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 |
Lyxor SP 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 Lyxor SP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor SP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor SP etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor SP Lagged Returns
When evaluating Lyxor SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor SP etf have on its future price. Lyxor SP 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, Lyxor SP autocorrelation shows the relationship between Lyxor SP etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor SP 500.
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 Lyxor Etf
Lyxor SP financial ratios help investors to determine whether Lyxor Etf 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 Lyxor with respect to the benefits of owning Lyxor SP security.