Lighthouse Capital (South Africa) Market Value
| LTE Stock | 771.00 4.00 0.52% |
| Symbol | Lighthouse |
Lighthouse Capital '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 Lighthouse Capital'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 Lighthouse Capital.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lighthouse Capital on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Lighthouse Capital or generate 0.0% return on investment in Lighthouse Capital over 30 days. Lighthouse Capital is related to or competes with HomeChoice Investments, Lesaka Technologies, Kumba Iron, Brimstone Investment, Frontier Transport, and ABSA Bank. More
Lighthouse Capital 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 Lighthouse Capital'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 Lighthouse Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.15 |
Lighthouse Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lighthouse Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lighthouse Capital's standard deviation. In reality, there are many statistical measures that can use Lighthouse Capital historical prices to predict the future Lighthouse Capital's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 1.12 |
Lighthouse Capital Backtested Returns
Lighthouse Capital has Sharpe Ratio of -0.0849, which conveys that the firm had a -0.0849% return per unit of risk over the last 3 months. Lighthouse Capital exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lighthouse Capital's Risk Adjusted Performance of (0.08), mean deviation of 0.5665, and Standard Deviation of 0.8501 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0874, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lighthouse Capital are expected to decrease at a much lower rate. During the bear market, Lighthouse Capital is likely to outperform the market. At this point, Lighthouse Capital has a negative expected return of -0.0719%. Please make sure to verify Lighthouse Capital's jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if Lighthouse Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Lighthouse Capital has poor predictability. Overlapping area represents the amount of predictability between Lighthouse Capital time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Lighthouse Capital price movement. The serial correlation of 0.25 indicates that over 25.0% of current Lighthouse Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 3.81 |
Lighthouse Capital lagged returns against current returns
Autocorrelation, which is Lighthouse Capital 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 Lighthouse Capital's stock expected returns. We can calculate the autocorrelation of Lighthouse Capital returns to help us make a trade decision. For example, suppose you find that Lighthouse Capital 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 |
Lighthouse Capital 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 Lighthouse Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lighthouse Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lighthouse Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Lighthouse Capital Lagged Returns
When evaluating Lighthouse Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lighthouse Capital stock have on its future price. Lighthouse Capital 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, Lighthouse Capital autocorrelation shows the relationship between Lighthouse Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Lighthouse Capital.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Lighthouse Stock
Lighthouse Capital financial ratios help investors to determine whether Lighthouse 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 Lighthouse with respect to the benefits of owning Lighthouse Capital security.