Lasertec Stock Market Value
| LSRCY Stock | USD 22.44 0.15 0.66% |
| Symbol | Lasertec |
Lasertec '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 Lasertec'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 Lasertec.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Lasertec on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Lasertec or generate 0.0% return on investment in Lasertec over 660 days. Lasertec is related to or competes with Sumco Corp, Asm Pacific, Tokyo Electron, Advantest, Disco Corp, Lasertec, and BE Semiconductor. Lasertec Corporation develops, manufactures, sells, and services semiconductor-related equipment, laser microscopes, and... More
Lasertec 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 Lasertec'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 Lasertec upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 21.1 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 4.0 |
Lasertec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lasertec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lasertec's standard deviation. In reality, there are many statistical measures that can use Lasertec historical prices to predict the future Lasertec's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (1.35) | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lasertec'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.
Lasertec Backtested Returns
Lasertec has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. Lasertec exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lasertec's Mean Deviation of 2.36, standard deviation of 3.45, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.47, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lasertec will likely underperform. At this point, Lasertec has a negative expected return of -0.77%. Please make sure to verify Lasertec's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Lasertec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Lasertec has very good reverse predictability. Overlapping area represents the amount of predictability between Lasertec time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Lasertec price movement. The serial correlation of -0.7 indicates that around 70.0% of current Lasertec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 105.95 |
Lasertec lagged returns against current returns
Autocorrelation, which is Lasertec 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 Lasertec's pink sheet expected returns. We can calculate the autocorrelation of Lasertec returns to help us make a trade decision. For example, suppose you find that Lasertec 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 |
Lasertec 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 Lasertec pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lasertec pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lasertec pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lasertec Lagged Returns
When evaluating Lasertec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lasertec pink sheet have on its future price. Lasertec 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, Lasertec autocorrelation shows the relationship between Lasertec pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lasertec.
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 Lasertec Pink Sheet Analysis
When running Lasertec's price analysis, check to measure Lasertec'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 Lasertec is operating at the current time. Most of Lasertec's value examination focuses on studying past and present price action to predict the probability of Lasertec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lasertec's price. Additionally, you may evaluate how the addition of Lasertec to your portfolios can decrease your overall portfolio volatility.