Lottery, Warrants Stock Market Value
| LTRYW Stock | USD 0.01 0 12.50% |
| Symbol | Lottery, |
Lottery, Warrants Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lottery, Warrants. If investors know Lottery, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lottery, Warrants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.075 | Quarterly Revenue Growth (0.83) | Return On Assets (0.18) | Return On Equity (0.41) |
The market value of Lottery, Warrants is measured differently than its book value, which is the value of Lottery, that is recorded on the company's balance sheet. Investors also form their own opinion of Lottery, Warrants' value that differs from its market value or its book value, called intrinsic value, which is Lottery, Warrants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lottery, Warrants' market value can be influenced by many factors that don't directly affect Lottery, Warrants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lottery, Warrants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lottery, Warrants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lottery, Warrants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lottery, Warrants '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 Lottery, Warrants' 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 Lottery, Warrants.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Lottery, Warrants on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Lottery, Warrants or generate 0.0% return on investment in Lottery, Warrants over 30 days. Lottery, Warrants is related to or competes with Lottery, Common. Lottery.com Inc. engages in the operation of a B2C platform that enable players and commercial partners to remotely purc... More
Lottery, Warrants 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 Lottery, Warrants' 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 Lottery, Warrants upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 55.87 | |||
| Value At Risk | (15.45) | |||
| Potential Upside | 23.33 |
Lottery, Warrants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lottery, Warrants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lottery, Warrants' standard deviation. In reality, there are many statistical measures that can use Lottery, Warrants historical prices to predict the future Lottery, Warrants' volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | 0.2721 | |||
| Total Risk Alpha | (1.87) | |||
| Treynor Ratio | 0.0161 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lottery, Warrants' 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.
Lottery, Warrants Backtested Returns
Lottery, Warrants appears to be out of control, given 3 months investment horizon. Lottery, Warrants has Sharpe Ratio of 0.0194, which conveys that the firm had a 0.0194% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Lottery, Warrants, which you can use to evaluate the volatility of the firm. Please exercise Lottery, Warrants' Mean Deviation of 8.15, standard deviation of 11.8, and Risk Adjusted Performance of 0.0072 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lottery, Warrants holds a performance score of 1. The company secures a Beta (Market Risk) of -2.65, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lottery, Warrants are expected to decrease by larger amounts. On the other hand, during market turmoil, Lottery, Warrants is expected to outperform it. Please check Lottery, Warrants' skewness, as well as the relationship between the daily balance of power and day typical price , to make a quick decision on whether Lottery, Warrants' current price movements will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Lottery, Warrants has poor reverse predictability. Overlapping area represents the amount of predictability between Lottery, Warrants time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Lottery, Warrants price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Lottery, Warrants price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lottery, Warrants lagged returns against current returns
Autocorrelation, which is Lottery, Warrants 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 Lottery, Warrants' stock expected returns. We can calculate the autocorrelation of Lottery, Warrants returns to help us make a trade decision. For example, suppose you find that Lottery, Warrants 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 |
Lottery, Warrants 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 Lottery, Warrants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lottery, Warrants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lottery, Warrants stock over time.
Current vs Lagged Prices |
| Timeline |
Lottery, Warrants Lagged Returns
When evaluating Lottery, Warrants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lottery, Warrants stock have on its future price. Lottery, Warrants 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, Lottery, Warrants autocorrelation shows the relationship between Lottery, Warrants stock current value and its past values and can show if there is a momentum factor associated with investing in Lottery, Warrants.
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 Lottery, Stock Analysis
When running Lottery, Warrants' price analysis, check to measure Lottery, Warrants' 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 Lottery, Warrants is operating at the current time. Most of Lottery, Warrants' value examination focuses on studying past and present price action to predict the probability of Lottery, Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Warrants' price. Additionally, you may evaluate how the addition of Lottery, Warrants to your portfolios can decrease your overall portfolio volatility.