Levitee Labs Stock Market Value
| LVTTF Stock | USD 0 0.00 0.00% |
| Symbol | Levitee |
Levitee Labs '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 Levitee Labs' 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 Levitee Labs.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Levitee Labs on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Levitee Labs or generate 0.0% return on investment in Levitee Labs over 30 days. Levitee Labs is related to or competes with Genomma Lab. Levitee Labs Inc., a multidisciplinary integrative wellness company, provides evidence-based alternative medicines and n... More
Levitee Labs 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 Levitee Labs' 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 Levitee Labs upside and downside potential and time the market with a certain degree of confidence.
Levitee Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Levitee Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Levitee Labs' standard deviation. In reality, there are many statistical measures that can use Levitee Labs historical prices to predict the future Levitee Labs' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Levitee Labs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Levitee Labs Backtested Returns
We have found three technical indicators for Levitee Labs, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Levitee Labs are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Levitee Labs has no correlation between past and present. Overlapping area represents the amount of predictability between Levitee Labs time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Levitee Labs price movement. The serial correlation of 0.0 indicates that just 0.0% of current Levitee Labs 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 |
Levitee Labs lagged returns against current returns
Autocorrelation, which is Levitee Labs 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 Levitee Labs' pink sheet expected returns. We can calculate the autocorrelation of Levitee Labs returns to help us make a trade decision. For example, suppose you find that Levitee Labs 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 |
Levitee Labs 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 Levitee Labs pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Levitee Labs pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Levitee Labs pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Levitee Labs Lagged Returns
When evaluating Levitee Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Levitee Labs pink sheet have on its future price. Levitee Labs 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, Levitee Labs autocorrelation shows the relationship between Levitee Labs pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Levitee Labs.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Levitee Pink Sheet
Levitee Labs financial ratios help investors to determine whether Levitee 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 Levitee with respect to the benefits of owning Levitee Labs security.