Lowe#39;s Cos (UK) Market Value
| 0JVQ Stock | 272.68 1.30 0.47% |
| Symbol | Lowe#39;s |
Lowe#39;s Cos '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 Lowe#39;s Cos' 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 Lowe#39;s Cos.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Lowe#39;s Cos on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Lowe Cos or generate 0.0% return on investment in Lowe#39;s Cos over 30 days. Lowe#39;s Cos is related to or competes with Orient Telecoms, MTI Wireless, Spirent Communications, Infrastrutture Wireless, T Mobile, and Verizon Communications. Lowe Cos is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Lowe#39;s Cos 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 Lowe#39;s Cos' 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 Lowe Cos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0244 | |||
| Maximum Drawdown | 6.08 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.76 |
Lowe#39;s Cos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lowe#39;s Cos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lowe#39;s Cos' standard deviation. In reality, there are many statistical measures that can use Lowe#39;s Cos historical prices to predict the future Lowe#39;s Cos' volatility.| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 0.1141 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.023 | |||
| Treynor Ratio | 0.5347 |
Lowe#39;s Cos Backtested Returns
Currently, Lowe Cos is very steady. Lowe#39;s Cos has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lowe#39;s Cos, which you can use to evaluate the volatility of the firm. Please verify Lowe#39;s Cos' Mean Deviation of 0.9185, risk adjusted performance of 0.1004, and Downside Deviation of 1.31 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Lowe#39;s Cos has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lowe#39;s Cos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lowe#39;s Cos is expected to be smaller as well. Lowe#39;s Cos right now secures a risk of 1.23%. Please verify Lowe Cos sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Lowe Cos will be following its current price movements.
Auto-correlation | 0.45 |
Average predictability
Lowe Cos has average predictability. Overlapping area represents the amount of predictability between Lowe#39;s Cos time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Lowe#39;s Cos price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Lowe#39;s Cos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 19.72 |
Lowe#39;s Cos lagged returns against current returns
Autocorrelation, which is Lowe#39;s Cos 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 Lowe#39;s Cos' stock expected returns. We can calculate the autocorrelation of Lowe#39;s Cos returns to help us make a trade decision. For example, suppose you find that Lowe#39;s Cos 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 |
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Lowe#39;s Cos 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 Lowe#39;s Cos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lowe#39;s Cos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lowe#39;s Cos stock over time.
Current vs Lagged Prices |
| Timeline |
Lowe#39;s Cos Lagged Returns
When evaluating Lowe#39;s Cos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lowe#39;s Cos stock have on its future price. Lowe#39;s Cos 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, Lowe#39;s Cos autocorrelation shows the relationship between Lowe#39;s Cos stock current value and its past values and can show if there is a momentum factor associated with investing in Lowe Cos.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lowe#39;s Stock Analysis
When running Lowe#39;s Cos' price analysis, check to measure Lowe#39;s Cos' 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 Lowe#39;s Cos is operating at the current time. Most of Lowe#39;s Cos' value examination focuses on studying past and present price action to predict the probability of Lowe#39;s Cos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowe#39;s Cos' price. Additionally, you may evaluate how the addition of Lowe#39;s Cos to your portfolios can decrease your overall portfolio volatility.