Li Ning Company Stock Market Value
| LNNGF Stock | USD 2.07 0.00 0.00% |
| Symbol | LNNGF |
Li Ning '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 Li Ning's pink sheet 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 Li Ning.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Li Ning on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Li Ning Company or generate 0.0% return on investment in Li Ning over 720 days. Li Ning is related to or competes with YETI Holdings, Callaway Golf, Acushnet Holdings, Planet Fitness, and Bowlero Corp. Li Ning Company Limited engages in the research and development, design, manufacture, marketing, distribution, and retai... More
Li Ning 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 Li Ning's pink sheet 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 Li Ning Company upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.83 | |||
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 38.28 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 2.86 |
Li Ning Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Li Ning's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Li Ning's standard deviation. In reality, there are many statistical measures that can use Li Ning historical prices to predict the future Li Ning's volatility.| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 0.3849 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0362 | |||
| Treynor Ratio | (0.93) |
Li Ning Company Backtested Returns
Li Ning appears to be dangerous, given 3 months investment horizon. Li Ning Company retains Efficiency (Sharpe Ratio) of 0.0656, which conveys that the firm had a 0.0656% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for Li Ning, which you can use to evaluate the volatility of the firm. Please exercise Li Ning's Mean Deviation of 1.89, standard deviation of 5.0, and Market Risk Adjusted Performance of (0.92) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Li Ning holds a performance score of 5. The company owns a Beta (Systematic Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Li Ning are expected to decrease at a much lower rate. During the bear market, Li Ning is likely to outperform the market. Please check Li Ning's variance, potential upside, day typical price, as well as the relationship between the sortino ratio and skewness , to make a quick decision on whether Li Ning's current price history will revert.
Auto-correlation | 0.36 |
Below average predictability
Li Ning Company has below average predictability. Overlapping area represents the amount of predictability between Li Ning time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Li Ning Company price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Li Ning price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Li Ning Company lagged returns against current returns
Autocorrelation, which is Li Ning pink sheet'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 Li Ning's pink sheet expected returns. We can calculate the autocorrelation of Li Ning returns to help us make a trade decision. For example, suppose you find that Li Ning has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Li Ning 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 Li Ning pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Li Ning pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Li Ning pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Li Ning Lagged Returns
When evaluating Li Ning's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Li Ning pink sheet have on its future price. Li Ning 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, Li Ning autocorrelation shows the relationship between Li Ning pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Li Ning Company.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LNNGF Pink Sheet
Li Ning financial ratios help investors to determine whether LNNGF Pink Sheet 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 LNNGF with respect to the benefits of owning Li Ning security.