Longeveron Llc Stock Market Value
| LGVN Stock | USD 2.04 0.02 0.97% |
| Symbol | Longeveron |
Longeveron LLC Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Longeveron LLC. If investors know Longeveron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Longeveron LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.86) | Revenue Per Share 0.364 | Quarterly Revenue Growth 1.157 | Return On Assets (0.62) | Return On Equity (1.42) |
The market value of Longeveron LLC is measured differently than its book value, which is the value of Longeveron that is recorded on the company's balance sheet. Investors also form their own opinion of Longeveron LLC's value that differs from its market value or its book value, called intrinsic value, which is Longeveron LLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Longeveron LLC's market value can be influenced by many factors that don't directly affect Longeveron LLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Longeveron LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Longeveron LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Longeveron LLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Longeveron LLC '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 Longeveron LLC'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 Longeveron LLC.
| 08/22/2024 |
| 09/21/2024 |
If you would invest 0.00 in Longeveron LLC on August 22, 2024 and sell it all today you would earn a total of 0.00 from holding Longeveron LLC or generate 0.0% return on investment in Longeveron LLC over 30 days. Longeveron LLC is related to or competes with Nutriband, Quoin Pharmaceuticals, RenovoRx, Virax Biolabs, Generation Bio, Kronos Bio, and Erasca. Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threaten... More
Longeveron LLC 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 Longeveron LLC'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 Longeveron LLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.65 | |||
| Information Ratio | 0.0247 | |||
| Maximum Drawdown | 75.2 | |||
| Value At Risk | (11.07) | |||
| Potential Upside | 14.29 |
Longeveron LLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Longeveron LLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Longeveron LLC's standard deviation. In reality, there are many statistical measures that can use Longeveron LLC historical prices to predict the future Longeveron LLC's volatility.| Risk Adjusted Performance | 0.0383 | |||
| Jensen Alpha | 0.0486 | |||
| Total Risk Alpha | (1.19) | |||
| Sortino Ratio | 0.0418 | |||
| Treynor Ratio | 0.1305 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Longeveron LLC'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.
Longeveron LLC Backtested Returns
Longeveron LLC appears to be dangerous, given 3 months investment horizon. Longeveron LLC has Sharpe Ratio of 0.0553, which conveys that the firm had a 0.0553% return per unit of risk over the last 3 months. By analyzing Longeveron LLC's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please exercise Longeveron LLC's Risk Adjusted Performance of 0.0383, mean deviation of 6.98, and Downside Deviation of 6.65 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Longeveron LLC holds a performance score of 4. The company secures a Beta (Market Risk) of 3.01, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Longeveron LLC will likely underperform. Please check Longeveron LLC's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Longeveron LLC's current price movements will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Longeveron LLC has weak reverse predictability. Overlapping area represents the amount of predictability between Longeveron LLC time series from 22nd of August 2024 to 6th of September 2024 and 6th of September 2024 to 21st of September 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 Longeveron LLC price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Longeveron LLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Longeveron LLC lagged returns against current returns
Autocorrelation, which is Longeveron LLC 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 Longeveron LLC's stock expected returns. We can calculate the autocorrelation of Longeveron LLC returns to help us make a trade decision. For example, suppose you find that Longeveron LLC 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 |
Longeveron LLC 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 Longeveron LLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Longeveron LLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Longeveron LLC stock over time.
Current vs Lagged Prices |
| Timeline |
Longeveron LLC Lagged Returns
When evaluating Longeveron LLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Longeveron LLC stock have on its future price. Longeveron LLC 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, Longeveron LLC autocorrelation shows the relationship between Longeveron LLC stock current value and its past values and can show if there is a momentum factor associated with investing in Longeveron LLC.
Regressed Prices |
| Timeline |
Pair Trading with Longeveron LLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Longeveron LLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Longeveron LLC will appreciate offsetting losses from the drop in the long position's value.Moving against Longeveron Stock
| 0.34 | ARDX | Ardelyx | PairCorr |
| 0.33 | SLS | Sellas Life Sciences | PairCorr |
| 0.32 | INBX | Inhibrx Symbol Change | PairCorr |
| 0.31 | XGN | Exagen Inc | PairCorr |
The ability to find closely correlated positions to Longeveron LLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Longeveron LLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Longeveron LLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Longeveron LLC to buy it.
The correlation of Longeveron LLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Longeveron LLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Longeveron LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Longeveron LLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Longeveron Stock
When determining whether Longeveron LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Longeveron LLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Longeveron Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Longeveron Llc Stock:Check out Longeveron LLC Correlation, Longeveron LLC Volatility and Longeveron LLC Alpha and Beta module to complement your research on Longeveron LLC. To learn how to invest in Longeveron Stock, please use our How to Invest in Longeveron LLC guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Longeveron LLC 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.