Lightinthebox Holding Co Stock Market Value
| LITB Stock | USD 2.06 0.06 3.00% |
| Symbol | LightInTheBox |
LightInTheBox Holding Price To Book Ratio
Is Broadline Retail 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 LightInTheBox Holding. If investors know LightInTheBox 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 LightInTheBox Holding 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 0.054 | Earnings Share (0.36) | Revenue Per Share 23.12 | Quarterly Revenue Growth (0.64) | Return On Assets (0.04) |
The market value of LightInTheBox Holding is measured differently than its book value, which is the value of LightInTheBox that is recorded on the company's balance sheet. Investors also form their own opinion of LightInTheBox Holding's value that differs from its market value or its book value, called intrinsic value, which is LightInTheBox Holding'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 LightInTheBox Holding's market value can be influenced by many factors that don't directly affect LightInTheBox Holding'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 LightInTheBox Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if LightInTheBox Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightInTheBox Holding'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.
LightInTheBox Holding '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 LightInTheBox Holding'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 LightInTheBox Holding.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in LightInTheBox Holding on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding LightInTheBox Holding Co or generate 0.0% return on investment in LightInTheBox Holding over 30 days. LightInTheBox Holding is related to or competes with Kidpik Corp, Qurate Retail, Natural Health, Liquidity Services, Qurate Retail, Qurate Retail, and Hour Loop. LightInTheBox Holding Co., Ltd. operates as a cross-border e-commerce platform that delivers products directly to its cu... More
LightInTheBox Holding 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 LightInTheBox Holding'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 LightInTheBox Holding Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 69.81 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 13.61 |
LightInTheBox Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LightInTheBox Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LightInTheBox Holding's standard deviation. In reality, there are many statistical measures that can use LightInTheBox Holding historical prices to predict the future LightInTheBox Holding's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | 0.085 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LightInTheBox Holding'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.
LightInTheBox Holding Backtested Returns
At this point, LightInTheBox Holding is extremely dangerous. LightInTheBox Holding has Sharpe Ratio of 0.0034, which conveys that the firm had a 0.0034% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for LightInTheBox Holding, which you can use to evaluate the volatility of the firm. Please verify LightInTheBox Holding's Risk Adjusted Performance of 0.0081, mean deviation of 5.67, and Standard Deviation of 10.06 to check out if the risk estimate we provide is consistent with the expected return of 0.0343%. The company secures a Beta (Market Risk) of -0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LightInTheBox Holding are expected to decrease at a much lower rate. During the bear market, LightInTheBox Holding is likely to outperform the market. LightInTheBox Holding right now secures a risk of 10.15%. Please verify LightInTheBox Holding Co skewness, and the relationship between the treynor ratio and rate of daily change , to decide if LightInTheBox Holding Co will be following its current price movements.
Auto-correlation | 0.68 |
Good predictability
LightInTheBox Holding Co has good predictability. Overlapping area represents the amount of predictability between LightInTheBox Holding 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 LightInTheBox Holding price movement. The serial correlation of 0.68 indicates that around 68.0% of current LightInTheBox Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
LightInTheBox Holding lagged returns against current returns
Autocorrelation, which is LightInTheBox Holding 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 LightInTheBox Holding's stock expected returns. We can calculate the autocorrelation of LightInTheBox Holding returns to help us make a trade decision. For example, suppose you find that LightInTheBox Holding 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 |
LightInTheBox Holding 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 LightInTheBox Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LightInTheBox Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LightInTheBox Holding stock over time.
Current vs Lagged Prices |
| Timeline |
LightInTheBox Holding Lagged Returns
When evaluating LightInTheBox Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LightInTheBox Holding stock have on its future price. LightInTheBox Holding 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, LightInTheBox Holding autocorrelation shows the relationship between LightInTheBox Holding stock current value and its past values and can show if there is a momentum factor associated with investing in LightInTheBox Holding Co.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether LightInTheBox Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightInTheBox Holding'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 Lightinthebox Holding Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightinthebox Holding Co Stock:Check out LightInTheBox Holding Correlation, LightInTheBox Holding Volatility and LightInTheBox Holding Alpha and Beta module to complement your research on LightInTheBox Holding. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
LightInTheBox Holding 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.