Lekoil Limited Stock Market Value
| LEKOF Stock | USD 0.01 0.00 0.00% |
| Symbol | Lekoil |
Lekoil '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 Lekoil'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 Lekoil.
| 05/24/2025 |
| 08/22/2025 |
If you would invest 0.00 in Lekoil on May 24, 2025 and sell it all today you would earn a total of 0.00 from holding Lekoil Limited or generate 0.0% return on investment in Lekoil over 90 days. Lekoil is related to or competes with Cedar Realty, Starry Sea, Rocky Brands, Eastern, Highview Merger, Weyco, and Transcontinental. Lekoil Limited explores for, develops, and produces crude oil and natural gas primarily in Nigeria More
Lekoil 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 Lekoil'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 Lekoil Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 68.57 |
Lekoil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lekoil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lekoil's standard deviation. In reality, there are many statistical measures that can use Lekoil historical prices to predict the future Lekoil's volatility.| Risk Adjusted Performance | 0.0289 | |||
| Jensen Alpha | 0.2161 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.19) |
Lekoil Limited Backtested Returns
At this point, Lekoil is out of control. Lekoil Limited has Sharpe Ratio of 0.0291, which conveys that the firm had a 0.0291 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Lekoil, which you can use to evaluate the volatility of the firm. Please verify Lekoil's Standard Deviation of 6.09, risk adjusted performance of 0.0289, and Mean Deviation of 1.21 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Lekoil has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.86, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Lekoil are expected to decrease slowly. On the other hand, during market turmoil, Lekoil is expected to outperform it slightly. Lekoil Limited right now secures a risk of 6.24%. Please verify Lekoil Limited variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Lekoil Limited will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Lekoil Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Lekoil time series from 24th of May 2025 to 8th of July 2025 and 8th of July 2025 to 22nd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lekoil Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lekoil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lekoil Limited lagged returns against current returns
Autocorrelation, which is Lekoil 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 Lekoil's pink sheet expected returns. We can calculate the autocorrelation of Lekoil returns to help us make a trade decision. For example, suppose you find that Lekoil 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 |
Lekoil 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 Lekoil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lekoil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lekoil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lekoil Lagged Returns
When evaluating Lekoil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lekoil pink sheet have on its future price. Lekoil 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, Lekoil autocorrelation shows the relationship between Lekoil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lekoil Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lekoil Pink Sheet
Lekoil financial ratios help investors to determine whether Lekoil Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lekoil with respect to the benefits of owning Lekoil security.