Littelfuse Stock Market Value
| LFUS Stock | USD 238.66 1.42 0.60% |
| Symbol | Littelfuse |
Littelfuse Price To Book Ratio
Is Electronic Equipment, Instruments & 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 Littelfuse. If investors know Littelfuse 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 Littelfuse 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 0.009 | Dividend Share 2.65 | Earnings Share 7.78 | Revenue Per Share 88.361 | Quarterly Revenue Growth (0.07) |
The market value of Littelfuse is measured differently than its book value, which is the value of Littelfuse that is recorded on the company's balance sheet. Investors also form their own opinion of Littelfuse's value that differs from its market value or its book value, called intrinsic value, which is Littelfuse'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 Littelfuse's market value can be influenced by many factors that don't directly affect Littelfuse'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 Littelfuse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Littelfuse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Littelfuse'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.
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.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Littelfuse on December 3, 2022 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 720 days. Littelfuse is related to or competes with Plexus Corp, Celestica, Benchmark Electronics, Flex, Jabil Circuit, OSI Systems, and CTS. Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the... 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 | (0.16) | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 2.26 |
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 | (0.07) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Littelfuse'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.
Littelfuse Backtested Returns
Littelfuse has Sharpe Ratio of -0.0997, which conveys that the firm had a -0.0997% return per unit of risk over the last 3 months. Littelfuse exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Littelfuse's Mean Deviation of 1.26, standard deviation of 1.71, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.56, 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, Littelfuse will likely underperform. At this point, Littelfuse has a negative expected return of -0.17%. Please make sure to verify Littelfuse's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Littelfuse performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Littelfuse has virtually no predictability. Overlapping area represents the amount of predictability between Littelfuse time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Littelfuse price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Littelfuse price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 143.01 |
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 |
Thematic Opportunities
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Additional Tools for Littelfuse Stock Analysis
When running Littelfuse's price analysis, check to measure Littelfuse'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 Littelfuse is operating at the current time. Most of Littelfuse's value examination focuses on studying past and present price action to predict the probability of Littelfuse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Littelfuse's price. Additionally, you may evaluate how the addition of Littelfuse to your portfolios can decrease your overall portfolio volatility.