Lancaster Colony Stock Market Value
| LANC Stock | USD 188.64 2.26 1.21% |
| Symbol | Lancaster |
Lancaster Colony Price To Book Ratio
Is Packaged Foods & Meats 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 Lancaster Colony. If investors know Lancaster 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 Lancaster Colony listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Dividend Share 3.6 | Earnings Share 5.8 | Revenue Per Share 68.39 | Quarterly Revenue Growth 0.202 |
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony's 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 Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony's 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 Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony'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.
Lancaster Colony '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 Lancaster Colony's 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 Lancaster Colony.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Lancaster Colony on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Lancaster Colony or generate 0.0% return on investment in Lancaster Colony over 30 days. Lancaster Colony is related to or competes with Treehouse Foods, John B, Seneca Foods, Seneca Foods, J J, Bridgford Foods, and Bellring Brands. Lancaster Colony Corporation engages in the manufacturing and marketing of food products for the retail and foodservice ... More
Lancaster Colony 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 Lancaster Colony's 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 Lancaster Colony upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | 9.0E-4 | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 3.43 |
Lancaster Colony Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lancaster Colony's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lancaster Colony's standard deviation. In reality, there are many statistical measures that can use Lancaster Colony historical prices to predict the future Lancaster Colony's volatility.| Risk Adjusted Performance | 0.0665 | |||
| Jensen Alpha | 0.0093 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 9.0E-4 | |||
| Treynor Ratio | 0.1308 |
Lancaster Colony Backtested Returns
Lancaster Colony appears to be very steady, given 3 months investment horizon. Lancaster Colony 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. We have found twenty-nine technical indicators for Lancaster Colony, which you can use to evaluate the volatility of the firm. Please exercise Lancaster Colony's Downside Deviation of 1.66, risk adjusted performance of 0.0665, and Mean Deviation of 1.16 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lancaster Colony holds a performance score of 9. The company secures a Beta (Market Risk) of 0.93, which conveys possible diversification benefits within a given portfolio. Lancaster Colony returns are very sensitive to returns on the market. As the market goes up or down, Lancaster Colony is expected to follow. Please check Lancaster Colony's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Lancaster Colony's current price movements will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Lancaster Colony has poor reverse predictability. Overlapping area represents the amount of predictability between Lancaster Colony time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Lancaster Colony price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Lancaster Colony price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 27.46 |
Lancaster Colony lagged returns against current returns
Autocorrelation, which is Lancaster Colony 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 Lancaster Colony's stock expected returns. We can calculate the autocorrelation of Lancaster Colony returns to help us make a trade decision. For example, suppose you find that Lancaster Colony 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 |
Lancaster Colony 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 Lancaster Colony stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lancaster Colony stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lancaster Colony stock over time.
Current vs Lagged Prices |
| Timeline |
Lancaster Colony Lagged Returns
When evaluating Lancaster Colony's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lancaster Colony stock have on its future price. Lancaster Colony 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, Lancaster Colony autocorrelation shows the relationship between Lancaster Colony stock current value and its past values and can show if there is a momentum factor associated with investing in Lancaster Colony.
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 determining whether Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock:Check out Lancaster Colony Correlation, Lancaster Colony Volatility and Lancaster Colony Alpha and Beta module to complement your research on Lancaster Colony. For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Lancaster Colony technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.