Land Homes (Australia) Market Value
| LHM Stock | 0.01 0.00 0.00% |
| Symbol | Land |
Land Homes '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 Land Homes' 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 Land Homes.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Land Homes on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Land Homes Group or generate 0.0% return on investment in Land Homes over 60 days. Land Homes is related to or competes with Australian Unity, Champion Iron, Ridley, Peel Mining, Perpetual Credit, Telix Pharmaceuticals, and Talisman Mining. Land Homes is entity of Australia. It is traded as Stock on AU exchange. More
Land Homes 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 Land Homes' 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 Land Homes Group upside and downside potential and time the market with a certain degree of confidence.
Land Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Land Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Land Homes' standard deviation. In reality, there are many statistical measures that can use Land Homes historical prices to predict the future Land Homes' volatility.Land Homes Group Backtested Returns
We have found three technical indicators for Land Homes, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Land Homes are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Land Homes Group has no correlation between past and present. Overlapping area represents the amount of predictability between Land Homes time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Land Homes Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Land Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Land Homes Group lagged returns against current returns
Autocorrelation, which is Land Homes 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 Land Homes' stock expected returns. We can calculate the autocorrelation of Land Homes returns to help us make a trade decision. For example, suppose you find that Land Homes 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 |
Land Homes 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 Land Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Land Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Land Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Land Homes Lagged Returns
When evaluating Land Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Land Homes stock have on its future price. Land Homes 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, Land Homes autocorrelation shows the relationship between Land Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Land Homes Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Land Stock Analysis
When running Land Homes' price analysis, check to measure Land Homes' 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 Land Homes is operating at the current time. Most of Land Homes' value examination focuses on studying past and present price action to predict the probability of Land Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Land Homes' price. Additionally, you may evaluate how the addition of Land Homes to your portfolios can decrease your overall portfolio volatility.