Lucas Gc Limited Stock Market Value
| LGCL Stock | 1.02 0.14 15.91% |
| Symbol | Lucas |
Lucas GC Limited Price To Book Ratio
Is Human Resource & Employment Services 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 Lucas GC. If investors know Lucas 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 Lucas GC 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 0.459 | Revenue Per Share 18.882 | Quarterly Revenue Growth 0.41 | Return On Assets 0.1588 | Return On Equity 0.4974 |
The market value of Lucas GC Limited is measured differently than its book value, which is the value of Lucas that is recorded on the company's balance sheet. Investors also form their own opinion of Lucas GC's value that differs from its market value or its book value, called intrinsic value, which is Lucas GC'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 Lucas GC's market value can be influenced by many factors that don't directly affect Lucas GC'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 Lucas GC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucas GC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucas GC'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.
Lucas GC '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 Lucas GC'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 Lucas GC.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Lucas GC on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Lucas GC Limited or generate 0.0% return on investment in Lucas GC over 90 days. Lucas GC is related to or competes with ExlService Holdings, WNS Holdings, Gartner, Hackett, Genpact, CACI International, and Leidos Holdings. Lucas GC is entity of United States. It is traded as Stock on NASDAQ exchange. More
Lucas GC 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 Lucas GC'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 Lucas GC Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 42.69 | |||
| Value At Risk | (9.92) | |||
| Potential Upside | 11.76 |
Lucas GC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lucas GC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lucas GC's standard deviation. In reality, there are many statistical measures that can use Lucas GC historical prices to predict the future Lucas GC's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lucas GC'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.
Lucas GC Limited Backtested Returns
Lucas GC Limited has Sharpe Ratio of -0.09, which conveys that the firm had a -0.09% return per unit of risk over the last 3 months. Lucas GC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lucas GC's insignificant Risk Adjusted Performance, standard deviation of 6.95, and Mean Deviation of 5.03 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.97, 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, Lucas GC will likely underperform. At this point, Lucas GC Limited has a negative expected return of -0.58%. Please make sure to verify Lucas GC's daily balance of power, market facilitation index, as well as the relationship between the potential upside and total risk alpha , to decide if Lucas GC Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Lucas GC Limited has below average predictability. Overlapping area represents the amount of predictability between Lucas GC time series from 25th of August 2024 to 9th of October 2024 and 9th of October 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 Lucas GC Limited price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Lucas GC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lucas GC Limited lagged returns against current returns
Autocorrelation, which is Lucas GC 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 Lucas GC's stock expected returns. We can calculate the autocorrelation of Lucas GC returns to help us make a trade decision. For example, suppose you find that Lucas GC 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 |
Lucas GC 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 Lucas GC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lucas GC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lucas GC stock over time.
Current vs Lagged Prices |
| Timeline |
Lucas GC Lagged Returns
When evaluating Lucas GC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lucas GC stock have on its future price. Lucas GC 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, Lucas GC autocorrelation shows the relationship between Lucas GC stock current value and its past values and can show if there is a momentum factor associated with investing in Lucas GC Limited.
Regressed Prices |
| Timeline |
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Lucas GC 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.