Lynas Rare (Australia) Market Value
| LYC Stock | 6.88 0.10 1.47% |
| Symbol | Lynas |
Lynas Rare '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 Lynas Rare'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 Lynas Rare.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Lynas Rare on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Lynas Rare Earths or generate 0.0% return on investment in Lynas Rare over 90 days. Lynas Rare is related to or competes with 29Metals, Lendlease, Centuria Industrial, Seven West, OOhMedia, and Step One. Lynas Rare is entity of Australia. It is traded as Stock on AU exchange. More
Lynas Rare 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 Lynas Rare'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 Lynas Rare Earths upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.71 |
Lynas Rare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lynas Rare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lynas Rare's standard deviation. In reality, there are many statistical measures that can use Lynas Rare historical prices to predict the future Lynas Rare's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.09) |
Lynas Rare Earths Backtested Returns
Currently, Lynas Rare Earths is somewhat reliable. Lynas Rare Earths has Sharpe Ratio of 0.004, which conveys that the firm had a 0.004% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Lynas Rare, which you can use to evaluate the volatility of the firm. Please verify Lynas Rare's Mean Deviation of 1.43, standard deviation of 1.83, and insignificant Risk Adjusted Performance to check out if the risk estimate we provide is consistent with the expected return of 0.0073%. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lynas Rare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lynas Rare is expected to be smaller as well. Lynas Rare Earths right now secures a risk of 1.81%. Please verify Lynas Rare Earths treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Lynas Rare Earths will be following its current price movements.
Auto-correlation | -0.67 |
Very good reverse predictability
Lynas Rare Earths has very good reverse predictability. Overlapping area represents the amount of predictability between Lynas Rare time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Lynas Rare Earths price movement. The serial correlation of -0.67 indicates that around 67.0% of current Lynas Rare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Lynas Rare Earths lagged returns against current returns
Autocorrelation, which is Lynas Rare 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 Lynas Rare's stock expected returns. We can calculate the autocorrelation of Lynas Rare returns to help us make a trade decision. For example, suppose you find that Lynas Rare 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 |
Lynas Rare 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 Lynas Rare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lynas Rare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lynas Rare stock over time.
Current vs Lagged Prices |
| Timeline |
Lynas Rare Lagged Returns
When evaluating Lynas Rare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lynas Rare stock have on its future price. Lynas Rare 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, Lynas Rare autocorrelation shows the relationship between Lynas Rare stock current value and its past values and can show if there is a momentum factor associated with investing in Lynas Rare Earths.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lynas Stock Analysis
When running Lynas Rare's price analysis, check to measure Lynas Rare'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 Lynas Rare is operating at the current time. Most of Lynas Rare's value examination focuses on studying past and present price action to predict the probability of Lynas Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lynas Rare's price. Additionally, you may evaluate how the addition of Lynas Rare to your portfolios can decrease your overall portfolio volatility.