LEROY SEAFOOD (Germany) Market Value
| Z1L0 Stock | EUR 7.85 0.15 1.95% |
| Symbol | LEROY |
LEROY SEAFOOD '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 LEROY SEAFOOD'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 LEROY SEAFOOD.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in LEROY SEAFOOD on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding LEROY SEAFOOD GRUNSPADR or generate 0.0% return on investment in LEROY SEAFOOD over 720 days. LEROY SEAFOOD is related to or competes with Mowi ASA, Lery Seafood, and Nisshin Seifun. Lery Seafood Group ASA produces, processes, markets, and distributes seafood products worldwide More
LEROY SEAFOOD 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 LEROY SEAFOOD'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 LEROY SEAFOOD GRUNSPADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.97 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 2.52 |
LEROY SEAFOOD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LEROY SEAFOOD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LEROY SEAFOOD's standard deviation. In reality, there are many statistical measures that can use LEROY SEAFOOD historical prices to predict the future LEROY SEAFOOD's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.0065 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0349 |
LEROY SEAFOOD GRUNSPADR Backtested Returns
LEROY SEAFOOD GRUNSPADR has Sharpe Ratio of -7.0E-4, which conveys that the firm had a -7.0E-4% return per unit of volatility over the last 3 months. LEROY SEAFOOD exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LEROY SEAFOOD's risk adjusted performance of 0.0173, and Mean Deviation of 1.36 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LEROY SEAFOOD's returns are expected to increase less than the market. However, during the bear market, the loss of holding LEROY SEAFOOD is expected to be smaller as well. At this point, LEROY SEAFOOD GRUNSPADR has a negative expected return of -0.0013%. Please make sure to verify LEROY SEAFOOD's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if LEROY SEAFOOD GRUNSPADR performance from the past will be repeated at future time.
Auto-correlation | -0.65 |
Very good reverse predictability
LEROY SEAFOOD GRUNSPADR has very good reverse predictability. Overlapping area represents the amount of predictability between LEROY SEAFOOD time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 LEROY SEAFOOD GRUNSPADR price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current LEROY SEAFOOD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
LEROY SEAFOOD GRUNSPADR lagged returns against current returns
Autocorrelation, which is LEROY SEAFOOD 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 LEROY SEAFOOD's stock expected returns. We can calculate the autocorrelation of LEROY SEAFOOD returns to help us make a trade decision. For example, suppose you find that LEROY SEAFOOD 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 |
LEROY SEAFOOD 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 LEROY SEAFOOD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LEROY SEAFOOD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LEROY SEAFOOD stock over time.
Current vs Lagged Prices |
| Timeline |
LEROY SEAFOOD Lagged Returns
When evaluating LEROY SEAFOOD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LEROY SEAFOOD stock have on its future price. LEROY SEAFOOD 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, LEROY SEAFOOD autocorrelation shows the relationship between LEROY SEAFOOD stock current value and its past values and can show if there is a momentum factor associated with investing in LEROY SEAFOOD GRUNSPADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LEROY Stock
LEROY SEAFOOD financial ratios help investors to determine whether LEROY 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 LEROY with respect to the benefits of owning LEROY SEAFOOD security.