Lam Research (Germany) Market Value
| LAR Stock | EUR 70.07 0.08 0.11% |
| Symbol | Lam |
Lam Research '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 Lam Research'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 Lam Research.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lam Research on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lam Research or generate 0.0% return on investment in Lam Research over 60 days. Lam Research is related to or competes with Transportadora, Texas Roadhouse, Broadcom, Harmony Gold, KENNAMETAL INC, and NTG Nordic. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment us... More
Lam Research 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 Lam Research'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 Lam Research upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.44 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 4.14 |
Lam Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lam Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lam Research's standard deviation. In reality, there are many statistical measures that can use Lam Research historical prices to predict the future Lam Research's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.14) |
Lam Research Backtested Returns
Lam Research has Sharpe Ratio of -0.0052, which conveys that the firm had a -0.0052% return per unit of risk over the last 3 months. Lam Research exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lam Research's Mean Deviation of 1.81, standard deviation of 2.51, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lam Research's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lam Research is expected to be smaller as well. At this point, Lam Research has a negative expected return of -0.0127%. Please make sure to verify Lam Research's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if Lam Research performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Lam Research has good predictability. Overlapping area represents the amount of predictability between Lam Research time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Lam Research price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Lam Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
Lam Research lagged returns against current returns
Autocorrelation, which is Lam Research 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 Lam Research's stock expected returns. We can calculate the autocorrelation of Lam Research returns to help us make a trade decision. For example, suppose you find that Lam Research 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 |
Lam Research 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 Lam Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lam Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lam Research stock over time.
Current vs Lagged Prices |
| Timeline |
Lam Research Lagged Returns
When evaluating Lam Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lam Research stock have on its future price. Lam Research 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, Lam Research autocorrelation shows the relationship between Lam Research stock current value and its past values and can show if there is a momentum factor associated with investing in Lam Research.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lam Stock
Lam Research financial ratios help investors to determine whether Lam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lam with respect to the benefits of owning Lam Research security.