Law Debenture (UK) Market Value
| LWDB Stock | 889.00 6.00 0.68% |
| Symbol | Law |
Law Debenture '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 Law Debenture'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 Law Debenture.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Law Debenture on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Law Debenture Corp or generate 0.0% return on investment in Law Debenture over 30 days. Law Debenture is related to or competes with Edita Food, Fair Oaks, Air Products, Westlake Chemical, Ryanair Holdings, Delta Air, and Wizz Air. Law Debenture is entity of United Kingdom More
Law Debenture 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 Law Debenture'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 Law Debenture Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8477 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.26 |
Law Debenture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Law Debenture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Law Debenture's standard deviation. In reality, there are many statistical measures that can use Law Debenture historical prices to predict the future Law Debenture's volatility.| Risk Adjusted Performance | 0.0068 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.01) |
Law Debenture Corp Backtested Returns
Currently, Law Debenture Corp is very steady. Law Debenture Corp has Sharpe Ratio of 0.0063, which conveys that the firm had a 0.0063% return per unit of risk over the last 3 months. We have found thirty technical indicators for Law Debenture, which you can use to evaluate the volatility of the firm. Please verify Law Debenture's Mean Deviation of 0.6592, downside deviation of 0.8477, and Risk Adjusted Performance of 0.0068 to check out if the risk estimate we provide is consistent with the expected return of 0.005%. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Law Debenture's returns are expected to increase less than the market. However, during the bear market, the loss of holding Law Debenture is expected to be smaller as well. Law Debenture Corp right now secures a risk of 0.8%. Please verify Law Debenture Corp value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Law Debenture Corp will be following its current price movements.
Auto-correlation | 0.37 |
Below average predictability
Law Debenture Corp has below average predictability. Overlapping area represents the amount of predictability between Law Debenture time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 Law Debenture Corp price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Law Debenture price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 33.87 |
Law Debenture Corp lagged returns against current returns
Autocorrelation, which is Law Debenture 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 Law Debenture's stock expected returns. We can calculate the autocorrelation of Law Debenture returns to help us make a trade decision. For example, suppose you find that Law Debenture 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 |
Law Debenture 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 Law Debenture stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Law Debenture stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Law Debenture stock over time.
Current vs Lagged Prices |
| Timeline |
Law Debenture Lagged Returns
When evaluating Law Debenture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Law Debenture stock have on its future price. Law Debenture 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, Law Debenture autocorrelation shows the relationship between Law Debenture stock current value and its past values and can show if there is a momentum factor associated with investing in Law Debenture Corp.
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 Law Stock Analysis
When running Law Debenture's price analysis, check to measure Law Debenture'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 Law Debenture is operating at the current time. Most of Law Debenture's value examination focuses on studying past and present price action to predict the probability of Law Debenture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Law Debenture's price. Additionally, you may evaluate how the addition of Law Debenture to your portfolios can decrease your overall portfolio volatility.