Lion One's market value is the price at which a share of Lion One trades on a public exchange. It measures the collective expectations of Lion One Metals investors about its performance. Lion One is trading at 0.22 as of the 21st of November 2024. This is a 4.76 percent increase since the beginning of the trading day. The stock's lowest day price was 0.22. With this module, you can estimate the performance of a buy and hold strategy of Lion One Metals and determine expected loss or profit from investing in Lion One over a given investment horizon. Check out Lion One Correlation, Lion One Volatility and Lion One Alpha and Beta module to complement your research on Lion One.
Please note, there is a significant difference between Lion One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion One'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.
Lion One '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 Lion One's otc 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 Lion One.
0.00
08/23/2024
No Change 0.00
0.0
In 2 months and 31 days
11/21/2024
0.00
If you would invest 0.00 in Lion One on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding Lion One Metals or generate 0.0% return on investment in Lion One over 90 days. Lion One is related to or competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji More
Lion One 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 Lion One's otc 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 Lion One Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lion One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lion One's standard deviation. In reality, there are many statistical measures that can use Lion One historical prices to predict the future Lion One's volatility.
Lion One Metals has Sharpe Ratio of -0.0329, which conveys that the firm had a -0.0329% return per unit of risk over the last 3 months. Lion One exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lion One's Mean Deviation of 1.89, standard deviation of 2.85, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lion One's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lion One is expected to be smaller as well. At this point, Lion One Metals has a negative expected return of -0.0961%. Please make sure to verify Lion One's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Lion One Metals performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.8
Almost perfect reverse predictability
Lion One Metals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Lion One time series from 23rd of August 2024 to 7th of October 2024 and 7th of October 2024 to 21st of November 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 Lion One Metals price movement. The serial correlation of -0.8 indicates that around 80.0% of current Lion One price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.8
Spearman Rank Test
-0.19
Residual Average
0.0
Price Variance
0.0
Lion One Metals lagged returns against current returns
Autocorrelation, which is Lion One otc 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 Lion One's otc stock expected returns. We can calculate the autocorrelation of Lion One returns to help us make a trade decision. For example, suppose you find that Lion One has exhibited high autocorrelation historically, and you observe that the otc 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
Lion One 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 Lion One otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lion One otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lion One otc stock over time.
Current vs Lagged Prices
Timeline
Lion One Lagged Returns
When evaluating Lion One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lion One otc stock have on its future price. Lion One 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, Lion One autocorrelation shows the relationship between Lion One otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lion One Metals.
Lion One financial ratios help investors to determine whether Lion OTC Stock 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 Lion with respect to the benefits of owning Lion One security.