Loandepot Stock Market Value
| LDI Stock | USD 2.34 0.01 0.43% |
| Symbol | Loandepot |
Loandepot Price To Book Ratio
Is Regional Banks 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 Loandepot. If investors know Loandepot 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 Loandepot 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 (0.99) | Earnings Share (0.51) | Revenue Per Share 5.966 | Quarterly Revenue Growth 0.919 | Return On Assets (0.03) |
The market value of Loandepot is measured differently than its book value, which is the value of Loandepot that is recorded on the company's balance sheet. Investors also form their own opinion of Loandepot's value that differs from its market value or its book value, called intrinsic value, which is Loandepot'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 Loandepot's market value can be influenced by many factors that don't directly affect Loandepot'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 Loandepot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loandepot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loandepot'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.
Loandepot '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 Loandepot'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 Loandepot.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Loandepot on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Loandepot or generate 0.0% return on investment in Loandepot over 30 days. Loandepot is related to or competes with Encore Capital, Federal Home, CNFinance Holdings, Greystone Housing, Rocket Companies, Velocity Financial, and Guild Holdings. loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United State... More
Loandepot 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 Loandepot'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 Loandepot upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 26.03 | |||
| Value At Risk | (6.50) | |||
| Potential Upside | 9.22 |
Loandepot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loandepot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loandepot's standard deviation. In reality, there are many statistical measures that can use Loandepot historical prices to predict the future Loandepot's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Loandepot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Loandepot Backtested Returns
Loandepot has Sharpe Ratio of -0.0548, which conveys that the firm had a -0.0548% return per unit of risk over the last 3 months. Loandepot exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Loandepot's Standard Deviation of 5.3, mean deviation of 3.79, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 3.48, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Loandepot will likely underperform. At this point, Loandepot has a negative expected return of -0.29%. Please make sure to verify Loandepot's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Loandepot performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Loandepot has poor reverse predictability. Overlapping area represents the amount of predictability between Loandepot time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Loandepot price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Loandepot price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Loandepot lagged returns against current returns
Autocorrelation, which is Loandepot 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 Loandepot's stock expected returns. We can calculate the autocorrelation of Loandepot returns to help us make a trade decision. For example, suppose you find that Loandepot 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 |
Loandepot 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 Loandepot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loandepot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loandepot stock over time.
Current vs Lagged Prices |
| Timeline |
Loandepot Lagged Returns
When evaluating Loandepot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loandepot stock have on its future price. Loandepot 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, Loandepot autocorrelation shows the relationship between Loandepot stock current value and its past values and can show if there is a momentum factor associated with investing in Loandepot.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Loandepot offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Loandepot'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 Loandepot Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Loandepot Stock:Check out Loandepot Correlation, Loandepot Volatility and Loandepot Alpha and Beta module to complement your research on Loandepot. For more detail on how to invest in Loandepot Stock please use our How to Invest in Loandepot guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Loandepot 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.