Lazydays Holdings Stock Market Value
| GORV Stock | USD 0.99 0.03 2.94% |
| Symbol | Lazydays |
Lazydays Holdings Price To Book Ratio
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lazydays Holdings. If investors know Lazydays will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lazydays Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.21) | Revenue Per Share 68.89 | Quarterly Revenue Growth (0.23) | Return On Assets (0.02) | Return On Equity (0.76) |
The market value of Lazydays Holdings is measured differently than its book value, which is the value of Lazydays that is recorded on the company's balance sheet. Investors also form their own opinion of Lazydays Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lazydays Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lazydays Holdings' market value can be influenced by many factors that don't directly affect Lazydays Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lazydays Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazydays Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazydays Holdings' 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.
Lazydays Holdings '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 Lazydays Holdings' 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 Lazydays Holdings.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Lazydays Holdings on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Lazydays Holdings or generate 0.0% return on investment in Lazydays Holdings over 510 days. Lazydays Holdings is related to or competes with Kingsway Financial, KAR Auction, Cango, Vroom, Carvana, and Rush Enterprises. Golden River Resources Corporationration, an exploration stage company, identifies, acquires, explores for, and develops mining prospects in Canada. More
Lazydays Holdings 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 Lazydays Holdings' 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 Lazydays Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 33.23 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 9.71 |
Lazydays Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazydays Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazydays Holdings' standard deviation. In reality, there are many statistical measures that can use Lazydays Holdings historical prices to predict the future Lazydays Holdings' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.76) | |||
| Treynor Ratio | (3.71) |
Lazydays Holdings Backtested Returns
Lazydays Holdings has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Lazydays Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lazydays Holdings' Risk Adjusted Performance of (0.11), mean deviation of 3.9, and Standard Deviation of 5.76 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lazydays Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazydays Holdings is expected to be smaller as well. At this point, Lazydays Holdings has a negative expected return of -0.7%. Please make sure to verify Lazydays Holdings' potential upside and day median price , to decide if Lazydays Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.83 |
Very good predictability
Lazydays Holdings has very good predictability. Overlapping area represents the amount of predictability between Lazydays Holdings time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Lazydays Holdings price movement. The serial correlation of 0.83 indicates that around 83.0% of current Lazydays Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Lazydays Holdings lagged returns against current returns
Autocorrelation, which is Lazydays Holdings 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 Lazydays Holdings' stock expected returns. We can calculate the autocorrelation of Lazydays Holdings returns to help us make a trade decision. For example, suppose you find that Lazydays Holdings 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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Lazydays Holdings 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 Lazydays Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazydays Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazydays Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Lazydays Holdings Lagged Returns
When evaluating Lazydays Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazydays Holdings stock have on its future price. Lazydays Holdings 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, Lazydays Holdings autocorrelation shows the relationship between Lazydays Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Lazydays Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lazydays Stock Analysis
When running Lazydays Holdings' price analysis, check to measure Lazydays Holdings' 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 Lazydays Holdings is operating at the current time. Most of Lazydays Holdings' value examination focuses on studying past and present price action to predict the probability of Lazydays Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazydays Holdings' price. Additionally, you may evaluate how the addition of Lazydays Holdings to your portfolios can decrease your overall portfolio volatility.