Lem Holding (Switzerland) Market Value
| LEHN Stock | CHF 762.00 8.00 1.04% |
| Symbol | Lem |
Lem Holding '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 Lem Holding'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 Lem Holding.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Lem Holding on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Lem Holding SA or generate 0.0% return on investment in Lem Holding over 30 days. Lem Holding is related to or competes with Inficon Holding, Belimo Holding, Interroll Holding, Comet Holding, and Daetwyl I. LEM Holding SA, together with its subsidiaries, provides solutions for measuring electrical parameters in China, the Uni... More
Lem Holding 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 Lem Holding'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 Lem Holding SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 26.86 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 3.77 |
Lem Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lem Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lem Holding's standard deviation. In reality, there are many statistical measures that can use Lem Holding historical prices to predict the future Lem Holding's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 2.29 |
Lem Holding SA Backtested Returns
Lem Holding SA has Sharpe Ratio of -0.24, which conveys that the firm had a -0.24% return per unit of risk over the last 3 months. Lem Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lem Holding's Standard Deviation of 3.47, mean deviation of 1.87, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lem Holding are expected to decrease at a much lower rate. During the bear market, Lem Holding is likely to outperform the market. At this point, Lem Holding SA has a negative expected return of -0.84%. Please make sure to verify Lem Holding's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Lem Holding SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Lem Holding SA has poor predictability. Overlapping area represents the amount of predictability between Lem Holding time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Lem Holding SA price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Lem Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 156.41 |
Lem Holding SA lagged returns against current returns
Autocorrelation, which is Lem Holding 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 Lem Holding's stock expected returns. We can calculate the autocorrelation of Lem Holding returns to help us make a trade decision. For example, suppose you find that Lem Holding 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 |
Lem Holding 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 Lem Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lem Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lem Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Lem Holding Lagged Returns
When evaluating Lem Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lem Holding stock have on its future price. Lem Holding 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, Lem Holding autocorrelation shows the relationship between Lem Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Lem Holding SA.
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 Lem Stock Analysis
When running Lem Holding's price analysis, check to measure Lem Holding's 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 Lem Holding is operating at the current time. Most of Lem Holding's value examination focuses on studying past and present price action to predict the probability of Lem Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lem Holding's price. Additionally, you may evaluate how the addition of Lem Holding to your portfolios can decrease your overall portfolio volatility.