Lzg International Stock Market Value
| LZGI Stock | USD 0.0002 0.0001 100.00% |
| Symbol | LZG |
LZG International '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 LZG International's 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 LZG International.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in LZG International on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding LZG International or generate 0.0% return on investment in LZG International over 30 days. LZG International is related to or competes with Embrace Change. LZG International, Inc. operates as artificial intelligence solutions company More
LZG International 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 LZG International's 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 LZG International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.047 | |||
| Maximum Drawdown | 164.67 |
LZG International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LZG International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LZG International's standard deviation. In reality, there are many statistical measures that can use LZG International historical prices to predict the future LZG International's volatility.| Risk Adjusted Performance | 0.051 | |||
| Jensen Alpha | 0.8472 | |||
| Total Risk Alpha | (2.18) | |||
| Treynor Ratio | 0.7176 |
LZG International Backtested Returns
LZG International is out of control given 3 months investment horizon. LZG International has Sharpe Ratio of 0.0546, which conveys that the firm had a 0.0546% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use LZG International mean deviation of 4.99, and Risk Adjusted Performance of 0.051 to evaluate company specific risk that cannot be diversified away. LZG International holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.44, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LZG International will likely underperform. Use LZG International coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and day median price , to analyze future returns on LZG International.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
LZG International has almost perfect reverse predictability. Overlapping area represents the amount of predictability between LZG International time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 LZG International price movement. The serial correlation of -0.77 indicates that around 77.0% of current LZG International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LZG International lagged returns against current returns
Autocorrelation, which is LZG International 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 LZG International's otc stock expected returns. We can calculate the autocorrelation of LZG International returns to help us make a trade decision. For example, suppose you find that LZG International 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 |
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LZG International 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 LZG International otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LZG International otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LZG International otc stock over time.
Current vs Lagged Prices |
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LZG International Lagged Returns
When evaluating LZG International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LZG International otc stock have on its future price. LZG International 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, LZG International autocorrelation shows the relationship between LZG International otc stock current value and its past values and can show if there is a momentum factor associated with investing in LZG International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LZG OTC Stock
LZG International financial ratios help investors to determine whether LZG 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 LZG with respect to the benefits of owning LZG International security.