Ledesma SAAI (Argentina) Market Value
| LEDE Stock | ARS 942.00 18.00 1.95% |
| Symbol | Ledesma |
Ledesma SAAI '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 Ledesma SAAI'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 Ledesma SAAI.
| 04/13/2024 |
| 05/13/2024 |
If you would invest 0.00 in Ledesma SAAI on April 13, 2024 and sell it all today you would earn a total of 0.00 from holding Ledesma SAAI or generate 0.0% return on investment in Ledesma SAAI over 30 days. Ledesma SAAI is related to or competes with Molinos Agro, San Miguel, Inversora Juramento, Morixe Hermanos, and Molinos Juan. Ledesma Sociedad Annima Agrcola Industrial produces and sells agro-industrial products in Argentina More
Ledesma SAAI 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 Ledesma SAAI'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 Ledesma SAAI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 22.52 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.98 |
Ledesma SAAI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ledesma SAAI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ledesma SAAI's standard deviation. In reality, there are many statistical measures that can use Ledesma SAAI historical prices to predict the future Ledesma SAAI's volatility.| Risk Adjusted Performance | 0.007 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.1617 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ledesma SAAI'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.
Ledesma SAAI Backtested Returns
We consider Ledesma SAAI very steady. Ledesma SAAI has Sharpe Ratio of 0.0197, which conveys that the firm had a 0.0197% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Ledesma SAAI, which you can use to evaluate the volatility of the firm. Please verify Ledesma SAAI's Risk Adjusted Performance of 0.007, standard deviation of 4.2, and Mean Deviation of 3.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0753%. Ledesma SAAI has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ledesma SAAI are expected to decrease at a much lower rate. During the bear market, Ledesma SAAI is likely to outperform the market. Ledesma SAAI right now secures a risk of 3.83%. Please verify Ledesma SAAI jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Ledesma SAAI will be following its current price movements.
Auto-correlation | 0.58 |
Modest predictability
Ledesma SAAI has modest predictability. Overlapping area represents the amount of predictability between Ledesma SAAI time series from 13th of April 2024 to 28th of April 2024 and 28th of April 2024 to 13th 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 Ledesma SAAI price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Ledesma SAAI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 154.8 |
Ledesma SAAI lagged returns against current returns
Autocorrelation, which is Ledesma SAAI 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 Ledesma SAAI's stock expected returns. We can calculate the autocorrelation of Ledesma SAAI returns to help us make a trade decision. For example, suppose you find that Ledesma SAAI 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 |
Ledesma SAAI 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 Ledesma SAAI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ledesma SAAI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ledesma SAAI stock over time.
Current vs Lagged Prices |
| Timeline |
Ledesma SAAI Lagged Returns
When evaluating Ledesma SAAI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ledesma SAAI stock have on its future price. Ledesma SAAI 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, Ledesma SAAI autocorrelation shows the relationship between Ledesma SAAI stock current value and its past values and can show if there is a momentum factor associated with investing in Ledesma SAAI.
Regressed Prices |
| Timeline |
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Complementary Tools for Ledesma Stock analysis
When running Ledesma SAAI's price analysis, check to measure Ledesma SAAI'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 Ledesma SAAI is operating at the current time. Most of Ledesma SAAI's value examination focuses on studying past and present price action to predict the probability of Ledesma SAAI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledesma SAAI's price. Additionally, you may evaluate how the addition of Ledesma SAAI to your portfolios can decrease your overall portfolio volatility.
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