Lion Electric Corp Stock Market Value
| LEV Stock | USD 0.21 0.01 4.55% |
| Symbol | Lion |
Lion Electric Corp Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Lion Electric. If investors know Lion 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 Lion Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.58) | Revenue Per Share 0.782 | Quarterly Revenue Growth (0.62) | Return On Assets (0.08) | Return On Equity (0.38) |
The market value of Lion Electric Corp is measured differently than its book value, which is the value of Lion that is recorded on the company's balance sheet. Investors also form their own opinion of Lion Electric's value that differs from its market value or its book value, called intrinsic value, which is Lion Electric'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 Lion Electric's market value can be influenced by many factors that don't directly affect Lion Electric'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 Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric'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.
Lion Electric '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 Lion Electric'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 Lion Electric.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Lion Electric on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Lion Electric Corp or generate 0.0% return on investment in Lion Electric over 30 days. Lion Electric is related to or competes with Xos, Nikola Corp, Wabash National, Titan International, Deere, Caterpillar, and Hydrofarm Holdings. The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-d... More
Lion Electric 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 Lion Electric'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 Lion Electric Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 41.71 | |||
| Value At Risk | (14.71) | |||
| Potential Upside | 12.5 |
Lion Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lion Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lion Electric's standard deviation. In reality, there are many statistical measures that can use Lion Electric historical prices to predict the future Lion Electric's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.55) | |||
| Total Risk Alpha | (2.57) | |||
| Treynor Ratio | (0.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lion Electric'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.
Lion Electric Corp Backtested Returns
Lion Electric Corp has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Lion Electric exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lion Electric's Standard Deviation of 7.76, risk adjusted performance of (0.12), and Mean Deviation of 4.92 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.6, 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, Lion Electric will likely underperform. At this point, Lion Electric Corp has a negative expected return of -1.48%. Please make sure to verify Lion Electric's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Lion Electric Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Lion Electric Corp has good predictability. Overlapping area represents the amount of predictability between Lion Electric 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 Lion Electric Corp price movement. The serial correlation of 0.69 indicates that around 69.0% of current Lion Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lion Electric Corp lagged returns against current returns
Autocorrelation, which is Lion Electric 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 Lion Electric's stock expected returns. We can calculate the autocorrelation of Lion Electric returns to help us make a trade decision. For example, suppose you find that Lion Electric 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 |
Lion Electric 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 Lion Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lion Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lion Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Lion Electric Lagged Returns
When evaluating Lion Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lion Electric stock have on its future price. Lion Electric 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, Lion Electric autocorrelation shows the relationship between Lion Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Lion Electric Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lion Stock Analysis
When running Lion Electric's price analysis, check to measure Lion Electric's 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 Lion Electric is operating at the current time. Most of Lion Electric's value examination focuses on studying past and present price action to predict the probability of Lion Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Electric's price. Additionally, you may evaluate how the addition of Lion Electric to your portfolios can decrease your overall portfolio volatility.