Lotus Resources (Australia) Market Value
| LOT Stock | 0.19 0.01 5.00% |
| Symbol | Lotus |
Lotus 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 Lotus Resources' 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 Lotus Resources.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Lotus Resources on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lotus Resources or generate 0.0% return on investment in Lotus Resources over 30 days. Lotus Resources is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Aneka Tambang, Sandfire Resources, De Grey, and Perseus Mining. Lotus Resources is entity of Australia. It is traded as Stock on AU exchange. More
Lotus 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 Lotus Resources' 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 Lotus Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 30.44 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 9.09 |
Lotus Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotus Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotus Resources' standard deviation. In reality, there are many statistical measures that can use Lotus Resources historical prices to predict the future Lotus Resources' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.50) |
Lotus Resources Backtested Returns
Lotus Resources has Sharpe Ratio of -0.0796, which conveys that the firm had a -0.0796% return per unit of risk over the last 3 months. Lotus Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lotus Resources' Mean Deviation of 3.75, risk adjusted performance of (0.06), and Standard Deviation of 5.21 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.93, which conveys possible diversification benefits within a given portfolio. Lotus Resources returns are very sensitive to returns on the market. As the market goes up or down, Lotus Resources is expected to follow. At this point, Lotus Resources has a negative expected return of -0.42%. Please make sure to verify Lotus Resources' skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Lotus Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Lotus Resources has good predictability. Overlapping area represents the amount of predictability between Lotus Resources time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Lotus Resources price movement. The serial correlation of 0.69 indicates that around 69.0% of current Lotus Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lotus Resources lagged returns against current returns
Autocorrelation, which is Lotus Resources 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 Lotus Resources' stock expected returns. We can calculate the autocorrelation of Lotus Resources returns to help us make a trade decision. For example, suppose you find that Lotus Resources 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 |
Lotus 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 Lotus Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotus Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotus Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Lotus Resources Lagged Returns
When evaluating Lotus Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotus Resources stock have on its future price. Lotus 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, Lotus Resources autocorrelation shows the relationship between Lotus Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Lotus Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lotus Stock Analysis
When running Lotus Resources' price analysis, check to measure Lotus Resources' 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 Lotus Resources is operating at the current time. Most of Lotus Resources' value examination focuses on studying past and present price action to predict the probability of Lotus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Resources' price. Additionally, you may evaluate how the addition of Lotus Resources to your portfolios can decrease your overall portfolio volatility.