Lloyds Banking (UK) Market Value
| LLOY Stock | 53.42 1.24 2.27% |
| Symbol | Lloyds |
Lloyds Banking '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 Lloyds Banking'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 Lloyds Banking.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lloyds Banking on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lloyds Banking Group or generate 0.0% return on investment in Lloyds Banking over 180 days. Lloyds Banking is related to or competes with National Atomic, Flutter Entertainment, Camellia Plc, Marwyn Value, AstraZeneca PLC, Aberforth Smaller, and Games Workshop. Lloyds Banking is entity of United Kingdom More
Lloyds Banking 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 Lloyds Banking'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 Lloyds Banking Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.67 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.03 |
Lloyds Banking Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lloyds Banking's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lloyds Banking's standard deviation. In reality, there are many statistical measures that can use Lloyds Banking historical prices to predict the future Lloyds Banking's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.22) |
Lloyds Banking Group Backtested Returns
Lloyds Banking Group has Sharpe Ratio of -0.0535, which conveys that the firm had a -0.0535% return per unit of risk over the last 3 months. Lloyds Banking exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lloyds Banking's Standard Deviation of 1.57, risk adjusted performance of (0.05), and Mean Deviation of 1.15 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lloyds Banking's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lloyds Banking is expected to be smaller as well. At this point, Lloyds Banking Group has a negative expected return of -0.0837%. Please make sure to verify Lloyds Banking's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Lloyds Banking Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Lloyds Banking Group has virtually no predictability. Overlapping area represents the amount of predictability between Lloyds Banking time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Lloyds Banking Group price movement. The serial correlation of 0.03 indicates that only 3.0% of current Lloyds Banking price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 5.56 |
Lloyds Banking Group lagged returns against current returns
Autocorrelation, which is Lloyds Banking 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 Lloyds Banking's stock expected returns. We can calculate the autocorrelation of Lloyds Banking returns to help us make a trade decision. For example, suppose you find that Lloyds Banking 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 |
Lloyds Banking 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 Lloyds Banking stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lloyds Banking stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lloyds Banking stock over time.
Current vs Lagged Prices |
| Timeline |
Lloyds Banking Lagged Returns
When evaluating Lloyds Banking's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lloyds Banking stock have on its future price. Lloyds Banking 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, Lloyds Banking autocorrelation shows the relationship between Lloyds Banking stock current value and its past values and can show if there is a momentum factor associated with investing in Lloyds Banking Group.
Regressed Prices |
| Timeline |
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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.Additional Tools for Lloyds Stock Analysis
When running Lloyds Banking's price analysis, check to measure Lloyds Banking'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 Lloyds Banking is operating at the current time. Most of Lloyds Banking's value examination focuses on studying past and present price action to predict the probability of Lloyds Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lloyds Banking's price. Additionally, you may evaluate how the addition of Lloyds Banking to your portfolios can decrease your overall portfolio volatility.