Lyc Healthcare (Malaysia) Market Value
| 0075 Stock | 0.10 0.01 9.09% |
| Symbol | Lyc |
Lyc Healthcare '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 Lyc Healthcare'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 Lyc Healthcare.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Lyc Healthcare on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Lyc Healthcare Bhd or generate 0.0% return on investment in Lyc Healthcare over 30 days. Lyc Healthcare is related to or competes with IHH Healthcare, KPJ Healthcare, Al Aqar, PMB Technology, Minetech Resources, Dufu Tech, and Sunzen Biotech. More
Lyc Healthcare 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 Lyc Healthcare'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 Lyc Healthcare Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.65 | |||
| Information Ratio | 0.0353 | |||
| Maximum Drawdown | 24.88 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.25 |
Lyc Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyc Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyc Healthcare's standard deviation. In reality, there are many statistical measures that can use Lyc Healthcare historical prices to predict the future Lyc Healthcare's volatility.| Risk Adjusted Performance | 0.0497 | |||
| Jensen Alpha | 0.2396 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0246 | |||
| Treynor Ratio | 1.66 |
Lyc Healthcare Bhd Backtested Returns
Lyc Healthcare appears to be out of control, given 3 months investment horizon. Lyc Healthcare Bhd has Sharpe Ratio of 0.0777, which conveys that the firm had a 0.0777% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lyc Healthcare, which you can use to evaluate the volatility of the firm. Please exercise Lyc Healthcare's Downside Deviation of 6.65, risk adjusted performance of 0.0497, and Mean Deviation of 2.86 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lyc Healthcare holds a performance score of 6. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lyc Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyc Healthcare is expected to be smaller as well. Please check Lyc Healthcare's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Lyc Healthcare's current price movements will revert.
Auto-correlation | 0.22 |
Weak predictability
Lyc Healthcare Bhd has weak predictability. Overlapping area represents the amount of predictability between Lyc Healthcare time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Lyc Healthcare Bhd price movement. The serial correlation of 0.22 indicates that over 22.0% of current Lyc Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lyc Healthcare Bhd lagged returns against current returns
Autocorrelation, which is Lyc Healthcare 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 Lyc Healthcare's stock expected returns. We can calculate the autocorrelation of Lyc Healthcare returns to help us make a trade decision. For example, suppose you find that Lyc Healthcare 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 |
Lyc Healthcare 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 Lyc Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyc Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyc Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Lyc Healthcare Lagged Returns
When evaluating Lyc Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyc Healthcare stock have on its future price. Lyc Healthcare 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, Lyc Healthcare autocorrelation shows the relationship between Lyc Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Lyc Healthcare Bhd.
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 Lyc Stock
Lyc Healthcare financial ratios help investors to determine whether Lyc 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 Lyc with respect to the benefits of owning Lyc Healthcare security.