Latamgrowth Spac Stock Market Value
| LATG Stock | USD 11.68 0.01 0.09% |
| Symbol | LatAmGrowth |
LatAmGrowth SPAC Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LatAmGrowth SPAC. If investors know LatAmGrowth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LatAmGrowth SPAC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (0.36) | Return On Assets (0.03) |
The market value of LatAmGrowth SPAC is measured differently than its book value, which is the value of LatAmGrowth that is recorded on the company's balance sheet. Investors also form their own opinion of LatAmGrowth SPAC's value that differs from its market value or its book value, called intrinsic value, which is LatAmGrowth SPAC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LatAmGrowth SPAC's market value can be influenced by many factors that don't directly affect LatAmGrowth SPAC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LatAmGrowth SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LatAmGrowth SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LatAmGrowth SPAC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
LatAmGrowth SPAC '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 LatAmGrowth SPAC'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 LatAmGrowth SPAC.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in LatAmGrowth SPAC on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding LatAmGrowth SPAC or generate 0.0% return on investment in LatAmGrowth SPAC over 30 days. LatAmGrowth SPAC is related to or competes with Portage Fintech, Swiftmerge Acquisition, Four Leaf, and IX Acquisition. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar... More
LatAmGrowth SPAC 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 LatAmGrowth SPAC'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 LatAmGrowth SPAC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.46) | |||
| Maximum Drawdown | 0.4348 | |||
| Potential Upside | 0.087 |
LatAmGrowth SPAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LatAmGrowth SPAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LatAmGrowth SPAC's standard deviation. In reality, there are many statistical measures that can use LatAmGrowth SPAC historical prices to predict the future LatAmGrowth SPAC's volatility.| Risk Adjusted Performance | 0.1425 | |||
| Jensen Alpha | 0.0134 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Treynor Ratio | 9.69 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LatAmGrowth SPAC's 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.
LatAmGrowth SPAC Backtested Returns
At this point, LatAmGrowth SPAC is very steady. LatAmGrowth SPAC has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for LatAmGrowth SPAC, which you can use to evaluate the volatility of the firm. Please verify LatAmGrowth SPAC's Standard Deviation of 0.0782, mean deviation of 0.0426, and Risk Adjusted Performance of 0.1425 to check out if the risk estimate we provide is consistent with the expected return of 0.0229%. LatAmGrowth SPAC has a performance score of 22 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0014, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LatAmGrowth SPAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding LatAmGrowth SPAC is expected to be smaller as well. LatAmGrowth SPAC right now secures a risk of 0.079%. Please verify LatAmGrowth SPAC total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if LatAmGrowth SPAC will be following its current price movements.
Auto-correlation | 0.22 |
Weak predictability
LatAmGrowth SPAC has weak predictability. Overlapping area represents the amount of predictability between LatAmGrowth SPAC time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 LatAmGrowth SPAC price movement. The serial correlation of 0.22 indicates that over 22.0% of current LatAmGrowth SPAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LatAmGrowth SPAC lagged returns against current returns
Autocorrelation, which is LatAmGrowth SPAC 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 LatAmGrowth SPAC's stock expected returns. We can calculate the autocorrelation of LatAmGrowth SPAC returns to help us make a trade decision. For example, suppose you find that LatAmGrowth SPAC 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 |
LatAmGrowth SPAC 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 LatAmGrowth SPAC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LatAmGrowth SPAC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LatAmGrowth SPAC stock over time.
Current vs Lagged Prices |
| Timeline |
LatAmGrowth SPAC Lagged Returns
When evaluating LatAmGrowth SPAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LatAmGrowth SPAC stock have on its future price. LatAmGrowth SPAC 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, LatAmGrowth SPAC autocorrelation shows the relationship between LatAmGrowth SPAC stock current value and its past values and can show if there is a momentum factor associated with investing in LatAmGrowth SPAC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether LatAmGrowth SPAC is a strong investment it is important to analyze LatAmGrowth SPAC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LatAmGrowth SPAC's future performance. For an informed investment choice regarding LatAmGrowth Stock, refer to the following important reports:Check out LatAmGrowth SPAC Correlation, LatAmGrowth SPAC Volatility and LatAmGrowth SPAC Alpha and Beta module to complement your research on LatAmGrowth SPAC. For more detail on how to invest in LatAmGrowth Stock please use our How to Invest in LatAmGrowth SPAC guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
LatAmGrowth SPAC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.