Lizhan Environmental Stock Market Value
| LZENF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Lizhan |
Lizhan Environmental '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 Lizhan Environmental'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 Lizhan Environmental.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Lizhan Environmental on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Lizhan Environmental or generate 0.0% return on investment in Lizhan Environmental over 30 days. Lizhan Environmental is related to or competes with Alsea SAB, Marstons PLC, and Marstons PLC. Lizhan Environmental Corporation, through its subsidiaries, engages in the manufacture, distribution, marketing, and exp... More
Lizhan Environmental 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 Lizhan Environmental'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 Lizhan Environmental upside and downside potential and time the market with a certain degree of confidence.
Lizhan Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lizhan Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lizhan Environmental's standard deviation. In reality, there are many statistical measures that can use Lizhan Environmental historical prices to predict the future Lizhan Environmental's volatility.Lizhan Environmental Backtested Returns
We have found three technical indicators for Lizhan Environmental, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Lizhan Environmental are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Lizhan Environmental has no correlation between past and present. Overlapping area represents the amount of predictability between Lizhan Environmental time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Lizhan Environmental price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lizhan Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lizhan Environmental lagged returns against current returns
Autocorrelation, which is Lizhan Environmental 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 Lizhan Environmental's pink sheet expected returns. We can calculate the autocorrelation of Lizhan Environmental returns to help us make a trade decision. For example, suppose you find that Lizhan Environmental 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 |
Lizhan Environmental 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 Lizhan Environmental pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lizhan Environmental pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lizhan Environmental pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lizhan Environmental Lagged Returns
When evaluating Lizhan Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lizhan Environmental pink sheet have on its future price. Lizhan Environmental 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, Lizhan Environmental autocorrelation shows the relationship between Lizhan Environmental pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lizhan Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lizhan Pink Sheet
Lizhan Environmental financial ratios help investors to determine whether Lizhan Pink Sheet 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 Lizhan with respect to the benefits of owning Lizhan Environmental security.