Laurentian Bank Of Preferred Stock Market Value
| LB-PH Preferred Stock | CAD 23.30 0.05 0.22% |
| Symbol | Laurentian |
Laurentian Bank '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 Laurentian Bank's preferred 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 Laurentian Bank.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Laurentian Bank on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Laurentian Bank of or generate 0.0% return on investment in Laurentian Bank over 90 days. Laurentian Bank is related to or competes with National Bank, National Bank, National Bank, and Bank of Montreal. More
Laurentian Bank 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 Laurentian Bank's preferred 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 Laurentian Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5337 | |||
| Information Ratio | 0.1749 | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 1.36 |
Laurentian Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Laurentian Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Laurentian Bank's standard deviation. In reality, there are many statistical measures that can use Laurentian Bank historical prices to predict the future Laurentian Bank's volatility.| Risk Adjusted Performance | 0.3588 | |||
| Jensen Alpha | 0.2321 | |||
| Total Risk Alpha | 0.1537 | |||
| Sortino Ratio | 0.2158 | |||
| Treynor Ratio | 2.33 |
Laurentian Bank Backtested Returns
Laurentian Bank appears to be very steady, given 3 months investment horizon. Laurentian Bank has Sharpe Ratio of 0.37, which conveys that the firm had a 0.37 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Laurentian Bank, which you can use to evaluate the volatility of the firm. Please exercise Laurentian Bank's Coefficient Of Variation of 257.33, mean deviation of 0.4942, and Risk Adjusted Performance of 0.3588 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Laurentian Bank holds a performance score of 29. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Laurentian Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Laurentian Bank is expected to be smaller as well. Please check Laurentian Bank's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether Laurentian Bank's current price movements will revert.
Auto-correlation | 0.93 |
Excellent predictability
Laurentian Bank of has excellent predictability. Overlapping area represents the amount of predictability between Laurentian Bank time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Laurentian Bank price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Laurentian Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Laurentian Bank lagged returns against current returns
Autocorrelation, which is Laurentian Bank preferred 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 Laurentian Bank's preferred stock expected returns. We can calculate the autocorrelation of Laurentian Bank returns to help us make a trade decision. For example, suppose you find that Laurentian Bank has exhibited high autocorrelation historically, and you observe that the preferred 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 |
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Laurentian Bank 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 Laurentian Bank preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Laurentian Bank preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Laurentian Bank preferred stock over time.
Current vs Lagged Prices |
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Laurentian Bank Lagged Returns
When evaluating Laurentian Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Laurentian Bank preferred stock have on its future price. Laurentian Bank 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, Laurentian Bank autocorrelation shows the relationship between Laurentian Bank preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Laurentian Bank of.
Regressed Prices |
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Pair Trading with Laurentian Bank
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 Laurentian Bank 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 Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.Moving against Laurentian Preferred Stock
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank 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 Laurentian Bank - 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 Laurentian Bank of to buy it.
The correlation of Laurentian Bank 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 Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank 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 Laurentian Bank 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 Tools for Laurentian Preferred Stock Analysis
When running Laurentian Bank's price analysis, check to measure Laurentian Bank'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 Laurentian Bank is operating at the current time. Most of Laurentian Bank's value examination focuses on studying past and present price action to predict the probability of Laurentian Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laurentian Bank's price. Additionally, you may evaluate how the addition of Laurentian Bank to your portfolios can decrease your overall portfolio volatility.