Lennox International Stock Market Value
| LII Stock | USD 650.60 25.25 4.04% |
| Symbol | Lennox |
Lennox International Price To Book Ratio
Is Building Products 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 Lennox International. If investors know Lennox 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 Lennox International 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 0.83 | Dividend Share 4.5 | Earnings Share 21.08 | Revenue Per Share 144.796 | Quarterly Revenue Growth 0.096 |
The market value of Lennox International is measured differently than its book value, which is the value of Lennox that is recorded on the company's balance sheet. Investors also form their own opinion of Lennox International's value that differs from its market value or its book value, called intrinsic value, which is Lennox International'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 Lennox International's market value can be influenced by many factors that don't directly affect Lennox International'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 Lennox International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennox International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennox International'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.
Lennox International '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 Lennox International'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 Lennox International.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Lennox International on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Lennox International or generate 0.0% return on investment in Lennox International over 30 days. Lennox International is related to or competes with Carrier Global, Johnson Controls, Masco, Carlisle Companies, Fortune Brands, Trane Technologies, and Janus International. Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets a range of products for th... More
Lennox International 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 Lennox International'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 Lennox International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0482 | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.66 |
Lennox International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lennox International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lennox International's standard deviation. In reality, there are many statistical measures that can use Lennox International historical prices to predict the future Lennox International's volatility.| Risk Adjusted Performance | 0.094 | |||
| Jensen Alpha | 0.1176 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0487 | |||
| Treynor Ratio | 0.2964 |
Lennox International Backtested Returns
Lennox International appears to be very steady, given 3 months investment horizon. Lennox International has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lennox International, which you can use to evaluate the volatility of the firm. Please exercise Lennox International's Downside Deviation of 1.59, mean deviation of 1.19, and Risk Adjusted Performance of 0.094 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lennox International holds a performance score of 9. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lennox International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lennox International is expected to be smaller as well. Please check Lennox International's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Lennox International's current price movements will revert.
Auto-correlation | 0.37 |
Below average predictability
Lennox International has below average predictability. Overlapping area represents the amount of predictability between Lennox International time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Lennox International price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Lennox International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 147.21 |
Lennox International lagged returns against current returns
Autocorrelation, which is Lennox International 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 Lennox International's stock expected returns. We can calculate the autocorrelation of Lennox International returns to help us make a trade decision. For example, suppose you find that Lennox International 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 |
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Lennox International 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 Lennox International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lennox International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lennox International stock over time.
Current vs Lagged Prices |
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Lennox International Lagged Returns
When evaluating Lennox International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lennox International stock have on its future price. Lennox International 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, Lennox International autocorrelation shows the relationship between Lennox International stock current value and its past values and can show if there is a momentum factor associated with investing in Lennox International.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Lennox International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennox International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennox International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennox International Stock:Check out Lennox International Correlation, Lennox International Volatility and Lennox International Alpha and Beta module to complement your research on Lennox International. For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Lennox International 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.