Lithia Motors (Germany) Market Value
| LMO Stock | EUR 368.00 2.00 0.55% |
| Symbol | Lithia |
Lithia Motors '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 Lithia Motors' 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 Lithia Motors.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Lithia Motors on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Lithia Motors or generate 0.0% return on investment in Lithia Motors over 30 days. Lithia Motors is related to or competes with Ebro Foods, MAVEN WIRELESS, NISSIN FOODS, COFCO Joycome, THAI BEVERAGE, Infrastrutture Wireless, and CAL MAINE. Lithia Motors, Inc. operates as an automotive retailer in the United States More
Lithia Motors 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 Lithia Motors' 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 Lithia Motors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1507 | |||
| Maximum Drawdown | 14.05 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 4.05 |
Lithia Motors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithia Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithia Motors' standard deviation. In reality, there are many statistical measures that can use Lithia Motors historical prices to predict the future Lithia Motors' volatility.| Risk Adjusted Performance | 0.1564 | |||
| Jensen Alpha | 0.3197 | |||
| Total Risk Alpha | 0.1418 | |||
| Sortino Ratio | 0.1708 | |||
| Treynor Ratio | 0.3071 |
Lithia Motors Backtested Returns
Lithia Motors appears to be very steady, given 3 months investment horizon. Lithia Motors has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Lithia Motors' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Lithia Motors' Mean Deviation of 1.77, downside deviation of 2.22, and Risk Adjusted Performance of 0.1564 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lithia Motors holds a performance score of 19. The company secures a Beta (Market Risk) of 1.57, 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, Lithia Motors will likely underperform. Please check Lithia Motors' downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether Lithia Motors' current price movements will revert.
Auto-correlation | 0.79 |
Good predictability
Lithia Motors has good predictability. Overlapping area represents the amount of predictability between Lithia Motors time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Lithia Motors price movement. The serial correlation of 0.79 indicates that around 79.0% of current Lithia Motors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 70.22 |
Lithia Motors lagged returns against current returns
Autocorrelation, which is Lithia Motors 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 Lithia Motors' stock expected returns. We can calculate the autocorrelation of Lithia Motors returns to help us make a trade decision. For example, suppose you find that Lithia Motors 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 |
Lithia Motors 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 Lithia Motors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithia Motors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithia Motors stock over time.
Current vs Lagged Prices |
| Timeline |
Lithia Motors Lagged Returns
When evaluating Lithia Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithia Motors stock have on its future price. Lithia Motors 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, Lithia Motors autocorrelation shows the relationship between Lithia Motors stock current value and its past values and can show if there is a momentum factor associated with investing in Lithia Motors.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Lithia Stock
When determining whether Lithia Motors is a strong investment it is important to analyze Lithia Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lithia Motors' future performance. For an informed investment choice regarding Lithia Stock, refer to the following important reports:Check out Lithia Motors Correlation, Lithia Motors Volatility and Lithia Motors Alpha and Beta module to complement your research on Lithia Motors. For more detail on how to invest in Lithia Stock please use our How to Invest in Lithia Motors guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Lithia Motors 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.