Lake Resources Nl Stock Market Value
| LLKKF Stock | USD 0.03 0 15.25% |
| Symbol | Lake |
Lake Resources '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 Lake Resources' 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 Lake Resources.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Lake Resources on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Lake Resources NL or generate 0.0% return on investment in Lake Resources over 90 days. Lake Resources is related to or competes with IGO, Mineral Res, and Adriatic Metals. Lake Resources NL explores for and develops lithium brine projects in Argentina More
Lake Resources 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 Lake Resources' 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 Lake Resources NL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.32 | |||
| Information Ratio | 0.0369 | |||
| Maximum Drawdown | 88.31 | |||
| Value At Risk | (13.67) | |||
| Potential Upside | 13.46 |
Lake Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lake Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lake Resources' standard deviation. In reality, there are many statistical measures that can use Lake Resources historical prices to predict the future Lake Resources' volatility.| Risk Adjusted Performance | 0.0438 | |||
| Jensen Alpha | 0.6926 | |||
| Total Risk Alpha | (1.29) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | (0.41) |
Lake Resources NL Backtested Returns
Lake Resources appears to be out of control, given 3 months investment horizon. Lake Resources NL has Sharpe Ratio of 0.0333, which conveys that the firm had a 0.0333% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lake Resources, which you can use to evaluate the volatility of the firm. Please exercise Lake Resources' Downside Deviation of 8.32, mean deviation of 7.04, and Risk Adjusted Performance of 0.0438 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lake Resources holds a performance score of 2. The company secures a Beta (Market Risk) of -1.32, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lake Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Lake Resources is expected to outperform it. Please check Lake Resources' sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Lake Resources' current price movements will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
Lake Resources NL has very good reverse predictability. Overlapping area represents the amount of predictability between Lake Resources time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Lake Resources NL price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Lake Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lake Resources NL lagged returns against current returns
Autocorrelation, which is Lake Resources 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 Lake Resources' otc stock expected returns. We can calculate the autocorrelation of Lake Resources returns to help us make a trade decision. For example, suppose you find that Lake Resources 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 |
Lake Resources 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 Lake Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lake Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lake Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lake Resources Lagged Returns
When evaluating Lake Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lake Resources otc stock have on its future price. Lake Resources 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, Lake Resources autocorrelation shows the relationship between Lake Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lake Resources NL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lake OTC Stock
Lake Resources financial ratios help investors to determine whether Lake 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 Lake with respect to the benefits of owning Lake Resources security.