Littelfuse (Germany) Market Value
| LFS Stock | EUR 232.00 2.00 0.85% |
| Symbol | Littelfuse |
Littelfuse '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 Littelfuse'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 Littelfuse.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Littelfuse on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Littelfuse or generate 0.0% return on investment in Littelfuse over 360 days. Littelfuse is related to or competes with Singapore Airlines, AUSNUTRIA DAIRY, Lifeway Foods, SINGAPORE AIRLINES, SENECA FOODS-A, and Tyson Foods. Littelfuse, Inc. designs, manufactures, and sells circuit protection, power control, and sensing products worldwide More
Littelfuse 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 Littelfuse'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 Littelfuse upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.92 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 1.82 |
Littelfuse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Littelfuse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Littelfuse's standard deviation. In reality, there are many statistical measures that can use Littelfuse historical prices to predict the future Littelfuse's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.10) |
Littelfuse Backtested Returns
Littelfuse has Sharpe Ratio of -0.0353, which conveys that the firm had a -0.0353% return per unit of risk over the last 3 months. Littelfuse exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Littelfuse's Risk Adjusted Performance of (0.02), standard deviation of 1.65, and Mean Deviation of 1.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Littelfuse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Littelfuse is expected to be smaller as well. At this point, Littelfuse has a negative expected return of -0.0582%. Please make sure to verify Littelfuse's potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if Littelfuse performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Littelfuse has very weak predictability. Overlapping area represents the amount of predictability between Littelfuse time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Littelfuse price movement. The serial correlation of 0.18 indicates that over 18.0% of current Littelfuse price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 57.41 |
Littelfuse lagged returns against current returns
Autocorrelation, which is Littelfuse 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 Littelfuse's stock expected returns. We can calculate the autocorrelation of Littelfuse returns to help us make a trade decision. For example, suppose you find that Littelfuse 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 |
Littelfuse 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 Littelfuse stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Littelfuse stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Littelfuse stock over time.
Current vs Lagged Prices |
| Timeline |
Littelfuse Lagged Returns
When evaluating Littelfuse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Littelfuse stock have on its future price. Littelfuse 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, Littelfuse autocorrelation shows the relationship between Littelfuse stock current value and its past values and can show if there is a momentum factor associated with investing in Littelfuse.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Littelfuse Stock
When determining whether Littelfuse is a strong investment it is important to analyze Littelfuse's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Littelfuse's future performance. For an informed investment choice regarding Littelfuse Stock, refer to the following important reports:Check out Littelfuse Correlation, Littelfuse Volatility and Littelfuse Alpha and Beta module to complement your research on Littelfuse. For more detail on how to invest in Littelfuse Stock please use our How to Invest in Littelfuse guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Littelfuse 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.