Lanxess Ag Stock Market Value
| LNXSF Stock | USD 28.12 0.48 1.68% |
| Symbol | Lanxess |
Lanxess AG '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 Lanxess AG's 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 Lanxess AG.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Lanxess AG on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Lanxess AG or generate 0.0% return on investment in Lanxess AG over 60 days. Lanxess AG is related to or competes with Avoca LLC, and AirBoss Of. LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, a... More
Lanxess AG 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 Lanxess AG's 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 Lanxess AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 3.74 |
Lanxess AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lanxess AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lanxess AG's standard deviation. In reality, there are many statistical measures that can use Lanxess AG historical prices to predict the future Lanxess AG's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.2864 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lanxess AG'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.
Lanxess AG Backtested Returns
We consider Lanxess AG very steady. Lanxess AG has Sharpe Ratio of 0.0409, which conveys that the firm had a 0.0409% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Lanxess AG, which you can use to evaluate the volatility of the firm. Please verify Lanxess AG's Standard Deviation of 2.22, mean deviation of 0.9948, and Risk Adjusted Performance of (0.03) to check out if the risk estimate we provide is consistent with the expected return of 0.0683%. Lanxess AG has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lanxess AG are expected to decrease at a much lower rate. During the bear market, Lanxess AG is likely to outperform the market. Lanxess AG right now secures a risk of 1.67%. Please verify Lanxess AG information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Lanxess AG will be following its current price movements.
Auto-correlation | 0.01 |
Virtually no predictability
Lanxess AG has virtually no predictability. Overlapping area represents the amount of predictability between Lanxess AG time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th 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 Lanxess AG price movement. The serial correlation of 0.01 indicates that just 1.0% of current Lanxess AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Lanxess AG lagged returns against current returns
Autocorrelation, which is Lanxess AG 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 Lanxess AG's pink sheet expected returns. We can calculate the autocorrelation of Lanxess AG returns to help us make a trade decision. For example, suppose you find that Lanxess AG 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 |
Lanxess AG 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 Lanxess AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lanxess AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lanxess AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lanxess AG Lagged Returns
When evaluating Lanxess AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lanxess AG pink sheet have on its future price. Lanxess AG 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, Lanxess AG autocorrelation shows the relationship between Lanxess AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lanxess AG.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lanxess AG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lanxess AG's short interest history, or implied volatility extrapolated from Lanxess AG options trading.
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When running Lanxess AG's price analysis, check to measure Lanxess AG'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 Lanxess AG is operating at the current time. Most of Lanxess AG's value examination focuses on studying past and present price action to predict the probability of Lanxess AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lanxess AG's price. Additionally, you may evaluate how the addition of Lanxess AG to your portfolios can decrease your overall portfolio volatility.
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Lanxess AG 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.