Lion Biotechnologies (Germany) Market Value
| 2LB Stock | 9.00 0.07 0.78% |
| Symbol | Lion |
Lion Biotechnologies '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 Lion Biotechnologies' 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 Lion Biotechnologies.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Lion Biotechnologies on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Lion Biotechnologies or generate 0.0% return on investment in Lion Biotechnologies over 540 days.
Lion Biotechnologies 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 Lion Biotechnologies' 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 Lion Biotechnologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 21.99 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 6.13 |
Lion Biotechnologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lion Biotechnologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lion Biotechnologies' standard deviation. In reality, there are many statistical measures that can use Lion Biotechnologies historical prices to predict the future Lion Biotechnologies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lion Biotechnologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lion Biotechnologies Backtested Returns
Lion Biotechnologies has Sharpe Ratio of -0.0307, which conveys that the firm had a -0.0307% return per unit of risk over the last 3 months. Lion Biotechnologies exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lion Biotechnologies' Mean Deviation of 3.35, risk adjusted performance of (0.01), and Standard Deviation of 4.35 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lion Biotechnologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lion Biotechnologies is expected to be smaller as well. At this point, Lion Biotechnologies has a negative expected return of -0.14%. Please make sure to verify Lion Biotechnologies' information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to decide if Lion Biotechnologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Lion Biotechnologies has very weak predictability. Overlapping area represents the amount of predictability between Lion Biotechnologies time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Lion Biotechnologies price movement. The serial correlation of 0.16 indicates that over 16.0% of current Lion Biotechnologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 4.15 |
Lion Biotechnologies lagged returns against current returns
Autocorrelation, which is Lion Biotechnologies 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 Lion Biotechnologies' stock expected returns. We can calculate the autocorrelation of Lion Biotechnologies returns to help us make a trade decision. For example, suppose you find that Lion Biotechnologies 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 |
Lion Biotechnologies 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 Lion Biotechnologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lion Biotechnologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lion Biotechnologies stock over time.
Current vs Lagged Prices |
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Lion Biotechnologies Lagged Returns
When evaluating Lion Biotechnologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lion Biotechnologies stock have on its future price. Lion Biotechnologies 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, Lion Biotechnologies autocorrelation shows the relationship between Lion Biotechnologies stock current value and its past values and can show if there is a momentum factor associated with investing in Lion Biotechnologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lion Stock Analysis
When running Lion Biotechnologies' price analysis, check to measure Lion Biotechnologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lion Biotechnologies is operating at the current time. Most of Lion Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Lion Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Biotechnologies' price. Additionally, you may evaluate how the addition of Lion Biotechnologies to your portfolios can decrease your overall portfolio volatility.