Laboratorios Richmond's market value is the price at which a share of Laboratorios Richmond trades on a public exchange. It measures the collective expectations of Laboratorios Richmond SACIF investors about its performance. Laboratorios Richmond is trading at 1715.00 as of the 18th of January 2025, a 0.88 percent increase since the beginning of the trading day. The stock's open price was 1700.0. With this module, you can estimate the performance of a buy and hold strategy of Laboratorios Richmond SACIF and determine expected loss or profit from investing in Laboratorios Richmond over a given investment horizon. Check out Laboratorios Richmond Correlation, Laboratorios Richmond Volatility and Laboratorios Richmond Alpha and Beta module to complement your research on Laboratorios Richmond.
Please note, there is a significant difference between Laboratorios Richmond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laboratorios Richmond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratorios Richmond's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Laboratorios Richmond '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 Laboratorios Richmond'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 Laboratorios Richmond.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Laboratorios Richmond on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Laboratorios Richmond SACIF or generate 0.0% return on investment in Laboratorios Richmond over 30 days. Laboratorios Richmond is related to or competes with Harmony Gold, Agrometal SAI, Transportadora, and United States. Laboratorios Richmond S.A.C.I.F. develops and manufactures pharmaceutical products for physicians, pharmacists, health i... More
Laboratorios Richmond 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 Laboratorios Richmond'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 Laboratorios Richmond SACIF upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Laboratorios Richmond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Laboratorios Richmond's standard deviation. In reality, there are many statistical measures that can use Laboratorios Richmond historical prices to predict the future Laboratorios Richmond's volatility.
Laboratorios Richmond is out of control given 3 months investment horizon. Laboratorios Richmond has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Laboratorios Richmond Mean Deviation of 3.55, risk adjusted performance of 0.1852, and Downside Deviation of 3.63 to evaluate company specific risk that cannot be diversified away. Laboratorios Richmond holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.39, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Laboratorios Richmond are expected to decrease by larger amounts. On the other hand, during market turmoil, Laboratorios Richmond is expected to outperform it. Use Laboratorios Richmond coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Laboratorios Richmond.
Auto-correlation
0.09
Virtually no predictability
Laboratorios Richmond SACIF has virtually no predictability. Overlapping area represents the amount of predictability between Laboratorios Richmond time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Laboratorios Richmond price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Laboratorios Richmond price fluctuation can be explain by its past prices.
Correlation Coefficient
0.09
Spearman Rank Test
-0.15
Residual Average
0.0
Price Variance
177.78
Laboratorios Richmond lagged returns against current returns
Autocorrelation, which is Laboratorios Richmond 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 Laboratorios Richmond's stock expected returns. We can calculate the autocorrelation of Laboratorios Richmond returns to help us make a trade decision. For example, suppose you find that Laboratorios Richmond 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
Laboratorios Richmond 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 Laboratorios Richmond stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Laboratorios Richmond stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Laboratorios Richmond stock over time.
Current vs Lagged Prices
Timeline
Laboratorios Richmond Lagged Returns
When evaluating Laboratorios Richmond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Laboratorios Richmond stock have on its future price. Laboratorios Richmond 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, Laboratorios Richmond autocorrelation shows the relationship between Laboratorios Richmond stock current value and its past values and can show if there is a momentum factor associated with investing in Laboratorios Richmond SACIF.
Regressed Prices
Timeline
Also Currently Popular
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.
Other Information on Investing in Laboratorios Stock
Laboratorios Richmond financial ratios help investors to determine whether Laboratorios 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 Laboratorios with respect to the benefits of owning Laboratorios Richmond security.