Lancer Orthodontics Stock Market Value
| LANZ Stock | USD 0.01 0.00 0.00% |
| Symbol | Lancer |
Lancer Orthodontics '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 Lancer Orthodontics' pink sheet 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 Lancer Orthodontics.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Lancer Orthodontics on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Lancer Orthodontics or generate 0.0% return on investment in Lancer Orthodontics over 30 days. Lancer Orthodontics is related to or competes with Bionano Genomics, Microbot Medical, STAAR Surgical, and Envista Holdings. Lancer Orthodontics, Inc. designs, manufactures, and markets orthodontic products for orthodontists and dentists worldwi... More
Lancer Orthodontics 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 Lancer Orthodontics' pink sheet 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 Lancer Orthodontics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 66.67 |
Lancer Orthodontics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lancer Orthodontics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lancer Orthodontics' standard deviation. In reality, there are many statistical measures that can use Lancer Orthodontics historical prices to predict the future Lancer Orthodontics' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.9488 |
Lancer Orthodontics Backtested Returns
Lancer Orthodontics has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Lancer Orthodontics exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lancer Orthodontics' Mean Deviation of 1.99, standard deviation of 8.21, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.08, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Lancer Orthodontics are expected to decrease slowly. On the other hand, during market turmoil, Lancer Orthodontics is expected to outperform it slightly. At this point, Lancer Orthodontics has a negative expected return of -1.03%. Please make sure to verify Lancer Orthodontics' information ratio and day median price , to decide if Lancer Orthodontics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Lancer Orthodontics has no correlation between past and present. Overlapping area represents the amount of predictability between Lancer Orthodontics time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 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 Lancer Orthodontics price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lancer Orthodontics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lancer Orthodontics lagged returns against current returns
Autocorrelation, which is Lancer Orthodontics pink sheet'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 Lancer Orthodontics' pink sheet expected returns. We can calculate the autocorrelation of Lancer Orthodontics returns to help us make a trade decision. For example, suppose you find that Lancer Orthodontics has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Lancer Orthodontics 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 Lancer Orthodontics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lancer Orthodontics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lancer Orthodontics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lancer Orthodontics Lagged Returns
When evaluating Lancer Orthodontics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lancer Orthodontics pink sheet have on its future price. Lancer Orthodontics 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, Lancer Orthodontics autocorrelation shows the relationship between Lancer Orthodontics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lancer Orthodontics.
Regressed Prices |
| Timeline |
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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.Additional Tools for Lancer Pink Sheet Analysis
When running Lancer Orthodontics' price analysis, check to measure Lancer Orthodontics' 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 Lancer Orthodontics is operating at the current time. Most of Lancer Orthodontics' value examination focuses on studying past and present price action to predict the probability of Lancer Orthodontics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lancer Orthodontics' price. Additionally, you may evaluate how the addition of Lancer Orthodontics to your portfolios can decrease your overall portfolio volatility.