LCK Global (Indonesia) Market Value
| LCKM Stock | IDR 298.00 0.00 0.00% |
| Symbol | LCK |
LCK Global '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 LCK Global'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 LCK Global.
| 02/18/2024 |
| 05/18/2024 |
If you would invest 0.00 in LCK Global on February 18, 2024 and sell it all today you would earn a total of 0.00 from holding LCK Global Kedaton or generate 0.0% return on investment in LCK Global over 90 days. LCK Global is related to or competes with Lionmesh Prima, Pelangi Indah, Indal Aluminium, Intanwijaya Internasional, and Champion Pacific. More
LCK Global 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 LCK Global'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 LCK Global Kedaton upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.13 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.35 |
LCK Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LCK Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LCK Global's standard deviation. In reality, there are many statistical measures that can use LCK Global historical prices to predict the future LCK Global's volatility.| Risk Adjusted Performance | 0.0399 | |||
| Jensen Alpha | 0.0364 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.96) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LCK Global's 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.
LCK Global Kedaton Backtested Returns
We consider LCK Global very steady. LCK Global Kedaton has Sharpe Ratio of 0.0336, which conveys that the company had a 0.0336% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for LCK Global, which you can use to evaluate the volatility of the entity. Please verify LCK Global's Downside Deviation of 1.27, mean deviation of 0.2822, and Market Risk Adjusted Performance of (0.95) to check out if the risk estimate we provide is consistent with the expected return of 0.0138%. LCK Global has a performance score of 2 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of -0.0348, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LCK Global are expected to decrease at a much lower rate. During the bear market, LCK Global is likely to outperform the market. LCK Global Kedaton now secures a risk of 0.41%. Please verify LCK Global Kedaton information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if LCK Global Kedaton will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
LCK Global Kedaton has no correlation between past and present. Overlapping area represents the amount of predictability between LCK Global time series from 18th of February 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of May 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 LCK Global Kedaton price movement. The serial correlation of 0.0 indicates that just 0.0% of current LCK Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LCK Global Kedaton lagged returns against current returns
Autocorrelation, which is LCK Global 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 LCK Global's stock expected returns. We can calculate the autocorrelation of LCK Global returns to help us make a trade decision. For example, suppose you find that LCK Global 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 |
LCK Global 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 LCK Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LCK Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LCK Global stock over time.
Current vs Lagged Prices |
| Timeline |
LCK Global Lagged Returns
When evaluating LCK Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LCK Global stock have on its future price. LCK Global 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, LCK Global autocorrelation shows the relationship between LCK Global stock current value and its past values and can show if there is a momentum factor associated with investing in LCK Global Kedaton.
Regressed Prices |
| Timeline |
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Check out LCK Global Correlation, LCK Global Volatility and LCK Global Alpha and Beta module to complement your research on LCK Global. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for LCK Stock analysis
When running LCK Global's price analysis, check to measure LCK Global's 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 LCK Global is operating at the current time. Most of LCK Global's value examination focuses on studying past and present price action to predict the probability of LCK Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LCK Global's price. Additionally, you may evaluate how the addition of LCK Global to your portfolios can decrease your overall portfolio volatility.
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LCK Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.