LENNAR CORP (Germany) Market Value
| LNN0 Stock | EUR 151.00 1.00 0.67% |
| Symbol | LENNAR |
LENNAR CORP '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 LENNAR CORP'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 LENNAR CORP.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in LENNAR CORP on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding LENNAR P B or generate 0.0% return on investment in LENNAR CORP over 30 days. LENNAR CORP is related to or competes with Lennar, NVR, PulteGroup, and Sekisui Chemical. Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the Un... More
LENNAR CORP 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 LENNAR CORP'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 LENNAR P B upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.86 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 2.69 |
LENNAR CORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LENNAR CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LENNAR CORP's standard deviation. In reality, there are many statistical measures that can use LENNAR CORP historical prices to predict the future LENNAR CORP's volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0716 |
LENNAR CORP Backtested Returns
LENNAR CORP has Sharpe Ratio of -0.0034, which conveys that the firm had a -0.0034% return per unit of volatility over the last 3 months. LENNAR CORP exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LENNAR CORP's mean deviation of 1.45, and Risk Adjusted Performance of 0.0234 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LENNAR CORP's returns are expected to increase less than the market. However, during the bear market, the loss of holding LENNAR CORP is expected to be smaller as well. At this point, LENNAR CORP has a negative expected return of -0.0066%. Please make sure to verify LENNAR CORP's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if LENNAR CORP performance from the past will be repeated in the future.
Auto-correlation | 0.03 |
Virtually no predictability
LENNAR P B has virtually no predictability. Overlapping area represents the amount of predictability between LENNAR CORP time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 LENNAR CORP price movement. The serial correlation of 0.03 indicates that only 3.0% of current LENNAR CORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 3.17 |
LENNAR CORP lagged returns against current returns
Autocorrelation, which is LENNAR CORP 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 LENNAR CORP's stock expected returns. We can calculate the autocorrelation of LENNAR CORP returns to help us make a trade decision. For example, suppose you find that LENNAR CORP 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 |
LENNAR CORP 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 LENNAR CORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LENNAR CORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LENNAR CORP stock over time.
Current vs Lagged Prices |
| Timeline |
LENNAR CORP Lagged Returns
When evaluating LENNAR CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LENNAR CORP stock have on its future price. LENNAR CORP 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, LENNAR CORP autocorrelation shows the relationship between LENNAR CORP stock current value and its past values and can show if there is a momentum factor associated with investing in LENNAR P B.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LENNAR Stock
LENNAR CORP financial ratios help investors to determine whether LENNAR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LENNAR with respect to the benefits of owning LENNAR CORP security.