Longfor Properties Co Stock Market Value
| LGFRY Stock | USD 11.94 0.04 0.34% |
| Symbol | Longfor |
Longfor Properties '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 Longfor Properties' 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 Longfor Properties.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Longfor Properties on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Longfor Properties Co or generate 0.0% return on investment in Longfor Properties over 30 days. Longfor Properties is related to or competes with Sun Hung, Country Garden, Sino Land, Sun Hung, Daiwa House, and China Overseas. Longfor Group Holdings Limited, an investment holding company, engages in property development, investment, and manageme... More
Longfor Properties 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 Longfor Properties' 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 Longfor Properties Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.23 | |||
| Information Ratio | 0.0186 | |||
| Maximum Drawdown | 23.51 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 9.42 |
Longfor Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Longfor Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Longfor Properties' standard deviation. In reality, there are many statistical measures that can use Longfor Properties historical prices to predict the future Longfor Properties' volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.1466 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.02 | |||
| Treynor Ratio | 0.6241 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Longfor Properties' 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.
Longfor Properties Backtested Returns
We consider Longfor Properties somewhat reliable. Longfor Properties has Sharpe Ratio of 0.0089, which conveys that the firm had a 0.0089% return per unit of risk over the last 3 months. We have found thirty technical indicators for Longfor Properties, which you can use to evaluate the volatility of the firm. Please verify Longfor Properties' Downside Deviation of 4.23, mean deviation of 3.32, and Risk Adjusted Performance of 0.0333 to check out if the risk estimate we provide is consistent with the expected return of 0.0371%. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Longfor Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Longfor Properties is expected to be smaller as well. Longfor Properties right now secures a risk of 4.2%. Please verify Longfor Properties Co value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Longfor Properties Co will be following its current price movements.
Auto-correlation | 0.13 |
Insignificant predictability
Longfor Properties Co has insignificant predictability. Overlapping area represents the amount of predictability between Longfor Properties time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Longfor Properties price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Longfor Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Longfor Properties lagged returns against current returns
Autocorrelation, which is Longfor Properties 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 Longfor Properties' pink sheet expected returns. We can calculate the autocorrelation of Longfor Properties returns to help us make a trade decision. For example, suppose you find that Longfor Properties 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 |
Longfor Properties 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 Longfor Properties pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Longfor Properties pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Longfor Properties pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Longfor Properties Lagged Returns
When evaluating Longfor Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Longfor Properties pink sheet have on its future price. Longfor Properties 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, Longfor Properties autocorrelation shows the relationship between Longfor Properties pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Longfor Properties Co.
Regressed Prices |
| Timeline |
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Complementary Tools for Longfor Pink Sheet analysis
When running Longfor Properties' price analysis, check to measure Longfor Properties' 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 Longfor Properties is operating at the current time. Most of Longfor Properties' value examination focuses on studying past and present price action to predict the probability of Longfor Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longfor Properties' price. Additionally, you may evaluate how the addition of Longfor Properties to your portfolios can decrease your overall portfolio volatility.
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Longfor Properties technical pink sheet 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, pink sheet market cycles, or different charting patterns.