Loar Holdings Stock Market Value
| LOAR Stock | 89.06 5.28 5.60% |
| Symbol | Loar |
Loar Holdings Company Valuation
Is Aerospace & Defense 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 Loar Holdings. If investors know Loar 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 Loar Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Loar Holdings is measured differently than its book value, which is the value of Loar that is recorded on the company's balance sheet. Investors also form their own opinion of Loar Holdings' value that differs from its market value or its book value, called intrinsic value, which is Loar Holdings' 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 Loar Holdings' market value can be influenced by many factors that don't directly affect Loar Holdings' 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 Loar Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Loar Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loar Holdings' 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.
Loar Holdings '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 Loar Holdings' 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 Loar Holdings.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Loar Holdings on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Loar Holdings or generate 0.0% return on investment in Loar Holdings over 30 days. Loar Holdings is related to or competes with Vestis, China Aircraft, Avis Budget, Arrow Electronics, Emerson Radio, and Herc Holdings. Loar Holdings is entity of United States More
Loar Holdings 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 Loar Holdings' 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 Loar Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.09 | |||
| Information Ratio | 0.0866 | |||
| Maximum Drawdown | 14.94 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 5.36 |
Loar Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loar Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loar Holdings' standard deviation. In reality, there are many statistical measures that can use Loar Holdings historical prices to predict the future Loar Holdings' volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.257 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0704 | |||
| Treynor Ratio | 0.3223 |
Loar Holdings Backtested Returns
Loar Holdings appears to be very steady, given 3 months investment horizon. Loar Holdings has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Loar Holdings, which you can use to evaluate the volatility of the firm. Please exercise Loar Holdings' Downside Deviation of 4.09, mean deviation of 2.55, and Risk Adjusted Performance of 0.1034 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Loar Holdings holds a performance score of 10. The company secures a Beta (Market Risk) of 1.26, 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, Loar Holdings will likely underperform. Please check Loar Holdings' standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Loar Holdings' current price movements will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Loar Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Loar Holdings time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Loar Holdings price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Loar Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 18.48 |
Loar Holdings lagged returns against current returns
Autocorrelation, which is Loar Holdings 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 Loar Holdings' stock expected returns. We can calculate the autocorrelation of Loar Holdings returns to help us make a trade decision. For example, suppose you find that Loar Holdings 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 |
Loar Holdings 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 Loar Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loar Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loar Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Loar Holdings Lagged Returns
When evaluating Loar Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loar Holdings stock have on its future price. Loar Holdings 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, Loar Holdings autocorrelation shows the relationship between Loar Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Loar Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Loar Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Loar Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Loar Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Loar Stock
Moving against Loar Stock
| 0.8 | HII | Huntington Ingalls | PairCorr |
| 0.68 | EVTL | Vertical Aerospace Trending | PairCorr |
| 0.54 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to Loar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loar Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Loar Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Loar Holdings to buy it.
The correlation of Loar Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Loar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loar Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Loar Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Loar Stock Analysis
When running Loar Holdings' price analysis, check to measure Loar Holdings' 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 Loar Holdings is operating at the current time. Most of Loar Holdings' value examination focuses on studying past and present price action to predict the probability of Loar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loar Holdings' price. Additionally, you may evaluate how the addition of Loar Holdings to your portfolios can decrease your overall portfolio volatility.