Lifeclean International (Sweden) Market Value

LCLEAN Stock  SEK 1.92  0.03  1.54%   
Lifeclean International's market value is the price at which a share of Lifeclean International trades on a public exchange. It measures the collective expectations of Lifeclean International AB investors about its performance. Lifeclean International is trading at 1.92 as of the 7th of December 2024, a 1.54 percent decrease since the beginning of the trading day. The stock's open price was 1.95.
With this module, you can estimate the performance of a buy and hold strategy of Lifeclean International AB and determine expected loss or profit from investing in Lifeclean International over a given investment horizon. Check out Lifeclean International Correlation, Lifeclean International Volatility and Lifeclean International Alpha and Beta module to complement your research on Lifeclean International.
Symbol

Please note, there is a significant difference between Lifeclean International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lifeclean International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lifeclean International'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.

Lifeclean International '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 Lifeclean International'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 Lifeclean International.
0.00
12/18/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/07/2024
0.00
If you would invest  0.00  in Lifeclean International on December 18, 2022 and sell it all today you would earn a total of 0.00 from holding Lifeclean International AB or generate 0.0% return on investment in Lifeclean International over 720 days. Lifeclean International is related to or competes with Mendus AB, JonDeTech Sensors, Nexam Chemical, Lohilo Foods, and Immunovia Publ. LifeClean International AB researches, produces, markets, and sells disinfection products in Sweden More

Lifeclean International 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 Lifeclean International'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 Lifeclean International AB upside and downside potential and time the market with a certain degree of confidence.

Lifeclean International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifeclean International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifeclean International's standard deviation. In reality, there are many statistical measures that can use Lifeclean International historical prices to predict the future Lifeclean International's volatility.
Hype
Prediction
LowEstimatedHigh
0.101.928.58
Details
Intrinsic
Valuation
LowRealHigh
0.091.848.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lifeclean International. Your research has to be compared to or analyzed against Lifeclean International's peers to derive any actionable benefits. When done correctly, Lifeclean International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lifeclean International.

Lifeclean International Backtested Returns

Lifeclean International has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Lifeclean International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lifeclean International's Standard Deviation of 6.61, mean deviation of 4.55, and Risk Adjusted Performance of (0.16) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.2, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lifeclean International will likely underperform. At this point, Lifeclean International has a negative expected return of -1.5%. Please make sure to verify Lifeclean International's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if Lifeclean International performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.80  

Very good predictability

Lifeclean International AB has very good predictability. Overlapping area represents the amount of predictability between Lifeclean International time series from 18th of December 2022 to 13th of December 2023 and 13th of December 2023 to 7th 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 Lifeclean International price movement. The serial correlation of 0.8 indicates that around 80.0% of current Lifeclean International price fluctuation can be explain by its past prices.
Correlation Coefficient0.8
Spearman Rank Test0.68
Residual Average0.0
Price Variance3.85

Lifeclean International lagged returns against current returns

Autocorrelation, which is Lifeclean International 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 Lifeclean International's stock expected returns. We can calculate the autocorrelation of Lifeclean International returns to help us make a trade decision. For example, suppose you find that Lifeclean International 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  

Lifeclean International 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 Lifeclean International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifeclean International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifeclean International stock over time.
   Current vs Lagged Prices   
       Timeline  

Lifeclean International Lagged Returns

When evaluating Lifeclean International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifeclean International stock have on its future price. Lifeclean International 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, Lifeclean International autocorrelation shows the relationship between Lifeclean International stock current value and its past values and can show if there is a momentum factor associated with investing in Lifeclean International AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Other Information on Investing in Lifeclean Stock

Lifeclean International financial ratios help investors to determine whether Lifeclean 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 Lifeclean with respect to the benefits of owning Lifeclean International security.