Latin Resources Limited Stock Market Value
| LRSRF Stock | 0.13 0.00 0.00% |
| Symbol | Latin |
Latin 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 Latin Resources' 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 Latin Resources.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Latin Resources on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Latin Resources Limited or generate 0.0% return on investment in Latin Resources over 30 days. Latin Resources is related to or competes with Winsome Resources, Osisko Metals, Mineral Res, IGO, Nickel Mines, Mineral Resources, and Mundoro Capital. More
Latin 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 Latin Resources' 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 Latin Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.98 |
Latin Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Latin Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Latin Resources' standard deviation. In reality, there are many statistical measures that can use Latin Resources historical prices to predict the future Latin Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.91) |
Latin Resources Backtested Returns
Latin Resources has Sharpe Ratio of -0.0345, which conveys that the firm had a -0.0345% return per unit of risk over the last 3 months. Latin Resources exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Latin Resources' Mean Deviation of 0.6444, risk adjusted performance of (0.02), and Standard Deviation of 2.43 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Latin Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Latin Resources is expected to be smaller as well. At this point, Latin Resources has a negative expected return of -0.0858%. Please make sure to verify Latin Resources' risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Latin Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Latin Resources Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Latin Resources time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Latin Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Latin Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Latin Resources lagged returns against current returns
Autocorrelation, which is Latin Resources 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 Latin Resources' pink sheet expected returns. We can calculate the autocorrelation of Latin Resources returns to help us make a trade decision. For example, suppose you find that Latin Resources 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 |
Latin 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 Latin Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Latin Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Latin Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Latin Resources Lagged Returns
When evaluating Latin Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Latin Resources pink sheet have on its future price. Latin 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, Latin Resources autocorrelation shows the relationship between Latin Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Latin Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Latin Pink Sheet
Latin Resources financial ratios help investors to determine whether Latin 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 Latin with respect to the benefits of owning Latin Resources security.