LABOCANNA (Germany) Market Value
| 9Y2 Stock | EUR 0.05 0.0006 1.12% |
| Symbol | LABOCANNA |
LABOCANNA '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 LABOCANNA'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 LABOCANNA.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in LABOCANNA on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding LABOCANNA SA ZY 10 or generate 0.0% return on investment in LABOCANNA over 180 days. LABOCANNA is related to or competes with ADRIATIC METALS, Siamgas, INTERSHOP Communications, Gamma Communications, COMPUTERSHARE, United Internet, and Consolidated Communications. Labocanna S.A. provides solutions for call and contact center organizations in Poland More
LABOCANNA 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 LABOCANNA'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 LABOCANNA SA ZY 10 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 4.18 |
LABOCANNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LABOCANNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LABOCANNA's standard deviation. In reality, there are many statistical measures that can use LABOCANNA historical prices to predict the future LABOCANNA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.66) |
LABOCANNA SA ZY Backtested Returns
LABOCANNA SA ZY retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the company had a -0.1% return per unit of return volatility over the last 3 months. LABOCANNA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LABOCANNA's Mean Deviation of 1.69, standard deviation of 2.37, and Market Risk Adjusted Performance of (0.65) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LABOCANNA's returns are expected to increase less than the market. However, during the bear market, the loss of holding LABOCANNA is expected to be smaller as well. At this point, LABOCANNA SA ZY has a negative expected return of -0.24%. Please make sure to verify LABOCANNA's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if LABOCANNA SA ZY performance from the past will be repeated in the future.
Auto-correlation | 0.59 |
Modest predictability
LABOCANNA SA ZY 10 has modest predictability. Overlapping area represents the amount of predictability between LABOCANNA time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 LABOCANNA SA ZY price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current LABOCANNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LABOCANNA SA ZY lagged returns against current returns
Autocorrelation, which is LABOCANNA 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 LABOCANNA's stock expected returns. We can calculate the autocorrelation of LABOCANNA returns to help us make a trade decision. For example, suppose you find that LABOCANNA 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 |
LABOCANNA 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 LABOCANNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LABOCANNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LABOCANNA stock over time.
Current vs Lagged Prices |
| Timeline |
LABOCANNA Lagged Returns
When evaluating LABOCANNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LABOCANNA stock have on its future price. LABOCANNA 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, LABOCANNA autocorrelation shows the relationship between LABOCANNA stock current value and its past values and can show if there is a momentum factor associated with investing in LABOCANNA SA ZY 10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LABOCANNA Stock
LABOCANNA financial ratios help investors to determine whether LABOCANNA 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 LABOCANNA with respect to the benefits of owning LABOCANNA security.