Lockheed Martin (Brazil) Market Value
| LMTB34 Stock | BRL 3,168 81.50 2.64% |
| Symbol | Lockheed |
Lockheed Martin '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 Lockheed Martin'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 Lockheed Martin.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Lockheed Martin on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Lockheed Martin or generate 0.0% return on investment in Lockheed Martin over 180 days. Lockheed Martin is related to or competes with Raytheon Technologies, Boeing, Northrop Grumman. Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture... More
Lockheed Martin 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 Lockheed Martin'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 Lockheed Martin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.23 |
Lockheed Martin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lockheed Martin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lockheed Martin's standard deviation. In reality, there are many statistical measures that can use Lockheed Martin historical prices to predict the future Lockheed Martin's volatility.| Risk Adjusted Performance | 0.0146 | |||
| Jensen Alpha | 0.0496 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
Lockheed Martin Backtested Returns
At this point, Lockheed Martin is very steady. Lockheed Martin has Sharpe Ratio of 0.0417, which conveys that the firm had a 0.0417% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lockheed Martin, which you can use to evaluate the volatility of the firm. Please verify Lockheed Martin's Mean Deviation of 1.06, risk adjusted performance of 0.0146, and Downside Deviation of 2.05 to check out if the risk estimate we provide is consistent with the expected return of 0.0711%. Lockheed Martin has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lockheed Martin are expected to decrease at a much lower rate. During the bear market, Lockheed Martin is likely to outperform the market. Lockheed Martin right now secures a risk of 1.71%. Please verify Lockheed Martin semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Lockheed Martin will be following its current price movements.
Auto-correlation | -0.1 |
Very weak reverse predictability
Lockheed Martin has very weak reverse predictability. Overlapping area represents the amount of predictability between Lockheed Martin time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Lockheed Martin price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Lockheed Martin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 11.9 K |
Lockheed Martin lagged returns against current returns
Autocorrelation, which is Lockheed Martin 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 Lockheed Martin's stock expected returns. We can calculate the autocorrelation of Lockheed Martin returns to help us make a trade decision. For example, suppose you find that Lockheed Martin 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 |
Lockheed Martin 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 Lockheed Martin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lockheed Martin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lockheed Martin stock over time.
Current vs Lagged Prices |
| Timeline |
Lockheed Martin Lagged Returns
When evaluating Lockheed Martin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lockheed Martin stock have on its future price. Lockheed Martin 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, Lockheed Martin autocorrelation shows the relationship between Lockheed Martin stock current value and its past values and can show if there is a momentum factor associated with investing in Lockheed Martin.
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.Additional Information and Resources on Investing in Lockheed Stock
When determining whether Lockheed Martin is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lockheed Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lockheed Martin Stock. Highlighted below are key reports to facilitate an investment decision about Lockheed Martin Stock:Check out Lockheed Martin Correlation, Lockheed Martin Volatility and Lockheed Martin Alpha and Beta module to complement your research on Lockheed Martin. For information on how to trade Lockheed Stock refer to our How to Trade Lockheed Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Lockheed Martin 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.