Largo Physical's market value is the price at which a share of Largo Physical trades on a public exchange. It measures the collective expectations of Largo Physical Vanadium investors about its performance. Largo Physical is trading at 0.75 as of the 27th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.75. With this module, you can estimate the performance of a buy and hold strategy of Largo Physical Vanadium and determine expected loss or profit from investing in Largo Physical over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Largo
Largo Physical '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 Largo Physical'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 Largo Physical.
0.00
10/28/2024
No Change 0.00
0.0
In 31 days
11/27/2024
0.00
If you would invest 0.00 in Largo Physical on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Largo Physical Vanadium or generate 0.0% return on investment in Largo Physical over 30 days.
Largo Physical 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 Largo Physical'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 Largo Physical Vanadium 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 Largo Physical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Largo Physical's standard deviation. In reality, there are many statistical measures that can use Largo Physical historical prices to predict the future Largo Physical's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Largo Physical. Your research has to be compared to or analyzed against Largo Physical's peers to derive any actionable benefits. When done correctly, Largo Physical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Largo Physical Vanadium.
Largo Physical Vanadium Backtested Returns
Largo Physical Vanadium has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Largo Physical exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Largo Physical's Mean Deviation of 0.2564, standard deviation of 1.07, and Risk Adjusted Performance of 0.0814 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.063, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Largo Physical are expected to decrease at a much lower rate. During the bear market, Largo Physical is likely to outperform the market. At this point, Largo Physical Vanadium has a negative expected return of -0.0209%. Please make sure to verify Largo Physical's standard deviation and the relationship between the treynor ratio and day typical price , to decide if Largo Physical Vanadium performance from the past will be repeated at some point in the near future.
Auto-correlation
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No correlation between past and present
Largo Physical Vanadium has no correlation between past and present. Overlapping area represents the amount of predictability between Largo Physical time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Largo Physical Vanadium price movement. The serial correlation of 0.0 indicates that just 0.0% of current Largo Physical 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
Largo Physical Vanadium lagged returns against current returns
Autocorrelation, which is Largo Physical 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 Largo Physical's pink sheet expected returns. We can calculate the autocorrelation of Largo Physical returns to help us make a trade decision. For example, suppose you find that Largo Physical 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
Largo Physical 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 Largo Physical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Largo Physical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Largo Physical pink sheet over time.
Current vs Lagged Prices
Timeline
Largo Physical Lagged Returns
When evaluating Largo Physical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Largo Physical pink sheet have on its future price. Largo Physical 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, Largo Physical autocorrelation shows the relationship between Largo Physical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Largo Physical Vanadium.