Lotus Resources Limited Stock Market Value
| LTSRF Stock | USD 0.16 0.01 6.67% |
| Symbol | Lotus |
Lotus Resources '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 Lotus Resources' otc 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 Lotus Resources.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Lotus Resources on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Lotus Resources Limited or generate 0.0% return on investment in Lotus Resources over 390 days. Lotus Resources is related to or competes with Filo Mining, Global Atomic, CanAlaska Uranium, Forsys Metals, Skyharbour Resources, Boss Resources, and Aldebaran Resources. Lotus Resources Limited explores for, develops, and evaluates mineral properties in Australia and Africa More
Lotus Resources 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 Lotus Resources' otc 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 Lotus Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.34 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 27.62 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 11.11 |
Lotus Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotus Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotus Resources' standard deviation. In reality, there are many statistical measures that can use Lotus Resources historical prices to predict the future Lotus Resources' volatility.| Risk Adjusted Performance | 0.0197 | |||
| Jensen Alpha | 0.0607 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4727 |
Lotus Resources Backtested Returns
Lotus Resources has Sharpe Ratio of -0.0024, which conveys that the firm had a -0.0024% return per unit of risk over the last 3 months. Lotus Resources exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lotus Resources' Risk Adjusted Performance of 0.0197, downside deviation of 7.34, and Mean Deviation of 4.39 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lotus Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lotus Resources is expected to be smaller as well. At this point, Lotus Resources has a negative expected return of -0.0139%. Please make sure to verify Lotus Resources' potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Lotus Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Lotus Resources Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Lotus Resources 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 Lotus Resources price movement. The serial correlation of -0.69 indicates that around 69.0% of current Lotus Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lotus Resources lagged returns against current returns
Autocorrelation, which is Lotus Resources otc 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 Lotus Resources' otc stock expected returns. We can calculate the autocorrelation of Lotus Resources returns to help us make a trade decision. For example, suppose you find that Lotus Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
Lotus Resources 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 Lotus Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotus Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotus Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lotus Resources Lagged Returns
When evaluating Lotus Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotus Resources otc stock have on its future price. Lotus Resources 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, Lotus Resources autocorrelation shows the relationship between Lotus Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lotus Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lotus OTC Stock
Lotus Resources financial ratios help investors to determine whether Lotus OTC 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 Lotus with respect to the benefits of owning Lotus Resources security.