LOREAL ADR (Germany) Market Value
| LORA Stock | EUR 64.50 2.00 3.01% |
| Symbol | LOREAL |
LOREAL ADR '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 LOREAL ADR'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 LOREAL ADR.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in LOREAL ADR on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding LOREAL ADR 15EO or generate 0.0% return on investment in LOREAL ADR over 720 days. LOREAL ADR is related to or competes with J+J SNACK, Ebro Foods, NTG Nordic, SCIENCE IN, and Tyson Foods. LOral S.A., through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide More
LOREAL ADR 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 LOREAL ADR'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 LOREAL ADR 15EO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.21 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 2.9 |
LOREAL ADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LOREAL ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LOREAL ADR's standard deviation. In reality, there are many statistical measures that can use LOREAL ADR historical prices to predict the future LOREAL ADR's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.5741 |
LOREAL ADR 15EO Backtested Returns
LOREAL ADR 15EO has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of volatility over the last 3 months. LOREAL ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LOREAL ADR's risk adjusted performance of (0.09), and Mean Deviation of 1.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LOREAL ADR are expected to decrease at a much lower rate. During the bear market, LOREAL ADR is likely to outperform the market. At this point, LOREAL ADR 15EO has a negative expected return of -0.23%. Please make sure to verify LOREAL ADR's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if LOREAL ADR 15EO performance from the past will be repeated at future time.
Auto-correlation | -0.34 |
Poor reverse predictability
LOREAL ADR 15EO has poor reverse predictability. Overlapping area represents the amount of predictability between LOREAL ADR time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 LOREAL ADR 15EO price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current LOREAL ADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 43.86 |
LOREAL ADR 15EO lagged returns against current returns
Autocorrelation, which is LOREAL ADR 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 LOREAL ADR's stock expected returns. We can calculate the autocorrelation of LOREAL ADR returns to help us make a trade decision. For example, suppose you find that LOREAL ADR 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 |
LOREAL ADR 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 LOREAL ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LOREAL ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LOREAL ADR stock over time.
Current vs Lagged Prices |
| Timeline |
LOREAL ADR Lagged Returns
When evaluating LOREAL ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LOREAL ADR stock have on its future price. LOREAL ADR 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, LOREAL ADR autocorrelation shows the relationship between LOREAL ADR stock current value and its past values and can show if there is a momentum factor associated with investing in LOREAL ADR 15EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LOREAL Stock
LOREAL ADR financial ratios help investors to determine whether LOREAL 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 LOREAL with respect to the benefits of owning LOREAL ADR security.