Leocor Gold Stock Market Value
| LECRF Stock | USD 0.1 0 1.88% |
| Symbol | Leocor |
Leocor Gold '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 Leocor Gold's otc 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 Leocor Gold.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Leocor Gold on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Leocor Gold or generate 0.0% return on investment in Leocor Gold over 30 days. Leocor Gold is related to or competes with Silver Wolf, and Mirasol Resources. Leocor Gold Inc., an exploration stage company, engages in the acquisition and exploration precious metal projects in Ca... More
Leocor Gold 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 Leocor Gold's otc 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 Leocor Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.15 | |||
| Information Ratio | 0.1804 | |||
| Maximum Drawdown | 59.35 | |||
| Value At Risk | (13.14) | |||
| Potential Upside | 21.64 |
Leocor Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leocor Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leocor Gold's standard deviation. In reality, there are many statistical measures that can use Leocor Gold historical prices to predict the future Leocor Gold's volatility.| Risk Adjusted Performance | 0.1561 | |||
| Jensen Alpha | 2.1 | |||
| Total Risk Alpha | 0.2886 | |||
| Sortino Ratio | 0.212 | |||
| Treynor Ratio | 1.59 |
Leocor Gold Backtested Returns
Leocor Gold is out of control given 3 months investment horizon. Leocor Gold has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.43% are justified by taking the suggested risk. Use Leocor Gold Mean Deviation of 7.78, risk adjusted performance of 0.1561, and Downside Deviation of 10.15 to evaluate company specific risk that cannot be diversified away. Leocor Gold holds a performance score of 16 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.43, 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, Leocor Gold will likely underperform. Use Leocor Gold treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on Leocor Gold.
Auto-correlation | -0.44 |
Modest reverse predictability
Leocor Gold has modest reverse predictability. Overlapping area represents the amount of predictability between Leocor Gold 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 Leocor Gold price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Leocor Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Leocor Gold lagged returns against current returns
Autocorrelation, which is Leocor Gold otc 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 Leocor Gold's otc stock expected returns. We can calculate the autocorrelation of Leocor Gold returns to help us make a trade decision. For example, suppose you find that Leocor Gold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Leocor Gold 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 Leocor Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leocor Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leocor Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Leocor Gold Lagged Returns
When evaluating Leocor Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leocor Gold otc stock have on its future price. Leocor Gold 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, Leocor Gold autocorrelation shows the relationship between Leocor Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Leocor Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Leocor OTC Stock
Leocor Gold financial ratios help investors to determine whether Leocor OTC 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 Leocor with respect to the benefits of owning Leocor Gold security.