Lowe Cos' market value is the price at which a share of Lowe Cos trades on a public exchange. It measures the collective expectations of Lowe Cos investors about its performance. Lowe Cos is selling for under 261.04 as of the 18th of January 2025; that is 1.18% up since the beginning of the trading day. The stock's lowest day price was 258.67. With this module, you can estimate the performance of a buy and hold strategy of Lowe Cos and determine expected loss or profit from investing in Lowe Cos over a given investment horizon. Check out Lowe Cos Correlation, Lowe Cos Volatility and Lowe Cos Alpha and Beta module to complement your research on Lowe Cos.
Please note, there is a significant difference between Lowe Cos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lowe Cos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lowe Cos' 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.
Lowe 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 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 Cos.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Lowe Cos on December 19, 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 Cos over 30 days. Lowe Cos is related to or competes with Walmart, BYD, Volkswagen, Volkswagen, Deutsche Post, Compass Group, and United Parcel. Lowe Cos is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Lowe 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 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.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lowe Cos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lowe Cos' standard deviation. In reality, there are many statistical measures that can use Lowe Cos historical prices to predict the future Lowe Cos' volatility.
Lowe Cos has Sharpe Ratio of -0.056, which conveys that the firm had a -0.056% return per unit of risk over the last 3 months. Lowe Cos exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lowe Cos' Standard Deviation of 1.31, risk adjusted performance of (0.07), and Mean Deviation of 0.9651 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lowe Cos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lowe Cos is expected to be smaller as well. At this point, Lowe Cos has a negative expected return of -0.0739%. Please make sure to verify Lowe Cos' value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Lowe Cos performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.44
Modest reverse predictability
Lowe Cos has modest reverse predictability. Overlapping area represents the amount of predictability between Lowe Cos time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Lowe Cos price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Lowe Cos price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.44
Spearman Rank Test
-0.53
Residual Average
0.0
Price Variance
15.56
Lowe Cos lagged returns against current returns
Autocorrelation, which is Lowe 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 Cos' stock expected returns. We can calculate the autocorrelation of Lowe Cos returns to help us make a trade decision. For example, suppose you find that Lowe 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
Timeline
Lowe 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 Cos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lowe 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 Cos stock over time.
Current vs Lagged Prices
Timeline
Lowe Cos Lagged Returns
When evaluating Lowe Cos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lowe Cos stock have on its future price. Lowe 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 Cos autocorrelation shows the relationship between Lowe 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
Also Currently Popular
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.
When running Lowe Cos' price analysis, check to measure Lowe 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 Cos is operating at the current time. Most of Lowe Cos' value examination focuses on studying past and present price action to predict the probability of Lowe 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 Cos' price. Additionally, you may evaluate how the addition of Lowe Cos to your portfolios can decrease your overall portfolio volatility.