LIFE SCIREIT's market value is the price at which a share of LIFE SCIREIT trades on a public exchange. It measures the collective expectations of LIFE SCIREIT PLC investors about its performance. LIFE SCIREIT is trading at 0.29 as of the 11th of December 2024. This is a 6.45% down since the beginning of the trading day. The stock's lowest day price was 0.29. With this module, you can estimate the performance of a buy and hold strategy of LIFE SCIREIT PLC and determine expected loss or profit from investing in LIFE SCIREIT over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
LIFE
LIFE SCIREIT '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 LIFE SCIREIT'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 LIFE SCIREIT.
0.00
08/19/2023
No Change 0.00
0.0
In 1 year 3 months and 26 days
12/11/2024
0.00
If you would invest 0.00 in LIFE SCIREIT on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding LIFE SCIREIT PLC or generate 0.0% return on investment in LIFE SCIREIT over 480 days.
LIFE SCIREIT 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 LIFE SCIREIT'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 LIFE SCIREIT PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIFE SCIREIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIFE SCIREIT's standard deviation. In reality, there are many statistical measures that can use LIFE SCIREIT historical prices to predict the future LIFE SCIREIT's volatility.
LIFE SCIREIT appears to be out of control, given 3 months investment horizon. LIFE SCIREIT PLC has Sharpe Ratio of 0.0859, which conveys that the firm had a 0.0859% return per unit of risk over the last 3 months. By evaluating LIFE SCIREIT's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise LIFE SCIREIT's risk adjusted performance of 0.0707, and Mean Deviation of 3.07 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LIFE SCIREIT holds a performance score of 6. The company secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LIFE SCIREIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding LIFE SCIREIT is expected to be smaller as well. Please check LIFE SCIREIT's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether LIFE SCIREIT's current price movements will revert.
Auto-correlation
0.19
Very weak predictability
LIFE SCIREIT PLC has very weak predictability. Overlapping area represents the amount of predictability between LIFE SCIREIT time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 LIFE SCIREIT PLC price movement. The serial correlation of 0.19 indicates that over 19.0% of current LIFE SCIREIT price fluctuation can be explain by its past prices.
Correlation Coefficient
0.19
Spearman Rank Test
0.44
Residual Average
0.0
Price Variance
0.0
LIFE SCIREIT PLC lagged returns against current returns
Autocorrelation, which is LIFE SCIREIT 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 LIFE SCIREIT's stock expected returns. We can calculate the autocorrelation of LIFE SCIREIT returns to help us make a trade decision. For example, suppose you find that LIFE SCIREIT 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
LIFE SCIREIT 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 LIFE SCIREIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIFE SCIREIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIFE SCIREIT stock over time.
Current vs Lagged Prices
Timeline
LIFE SCIREIT Lagged Returns
When evaluating LIFE SCIREIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIFE SCIREIT stock have on its future price. LIFE SCIREIT 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, LIFE SCIREIT autocorrelation shows the relationship between LIFE SCIREIT stock current value and its past values and can show if there is a momentum factor associated with investing in LIFE SCIREIT PLC.