LEO LITHIUM (Germany) Market Value
| WX0 Stock | 0.29 0.00 0.00% |
| Symbol | LEO |
Please note, there is a significant difference between LEO LITHIUM's value and its price as these two are different measures arrived at by different means. Investors typically determine if LEO LITHIUM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LEO LITHIUM'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.
LEO LITHIUM '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 LEO LITHIUM'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 LEO LITHIUM.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in LEO LITHIUM on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding LEO LITHIUM LTD or generate 0.0% return on investment in LEO LITHIUM over 30 days. LEO LITHIUM is related to or competes with Datadog, HK Electric, Genco Shipping, CapitaLand Investment, Stewart Information, ECHO INVESTMENT, and INFORMATION SVC. More
LEO LITHIUM 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 LEO LITHIUM'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 LEO LITHIUM LTD upside and downside potential and time the market with a certain degree of confidence.
LEO LITHIUM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LEO LITHIUM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LEO LITHIUM's standard deviation. In reality, there are many statistical measures that can use LEO LITHIUM historical prices to predict the future LEO LITHIUM's volatility.LEO LITHIUM LTD Backtested Returns
We have found three technical indicators for LEO LITHIUM, 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 LEO LITHIUM are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
LEO LITHIUM LTD has no correlation between past and present. Overlapping area represents the amount of predictability between LEO LITHIUM time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 LEO LITHIUM LTD price movement. The serial correlation of 0.0 indicates that just 0.0% of current LEO LITHIUM 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 |
LEO LITHIUM LTD lagged returns against current returns
Autocorrelation, which is LEO LITHIUM 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 LEO LITHIUM's stock expected returns. We can calculate the autocorrelation of LEO LITHIUM returns to help us make a trade decision. For example, suppose you find that LEO LITHIUM 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 |
LEO LITHIUM 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 LEO LITHIUM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LEO LITHIUM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LEO LITHIUM stock over time.
Current vs Lagged Prices |
| Timeline |
LEO LITHIUM Lagged Returns
When evaluating LEO LITHIUM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LEO LITHIUM stock have on its future price. LEO LITHIUM 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, LEO LITHIUM autocorrelation shows the relationship between LEO LITHIUM stock current value and its past values and can show if there is a momentum factor associated with investing in LEO LITHIUM LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LEO Stock
LEO LITHIUM financial ratios help investors to determine whether LEO 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 LEO with respect to the benefits of owning LEO LITHIUM security.