Logitech International Sa Stock Market Value
| LOGI Stock | USD 81.76 2.18 2.74% |
| Symbol | Logitech |
Logitech International Price To Book Ratio
Is Technology Hardware, Storage & Peripherals 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 Logitech International. If investors know Logitech 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 Logitech International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.105 | Dividend Share 1.28 | Earnings Share 4.48 | Revenue Per Share 29.03 | Quarterly Revenue Growth 0.056 |
The market value of Logitech International is measured differently than its book value, which is the value of Logitech that is recorded on the company's balance sheet. Investors also form their own opinion of Logitech International's value that differs from its market value or its book value, called intrinsic value, which is Logitech International's 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 Logitech International's market value can be influenced by many factors that don't directly affect Logitech International's 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 Logitech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logitech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logitech International's 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.
Logitech International '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 Logitech International'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 Logitech International.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Logitech International on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Logitech International SA or generate 0.0% return on investment in Logitech International over 180 days. Logitech International is related to or competes with Pure Storage, Seagate Technology, HP, Dell Technologies, Western Digital, NetApp, and Super Micro. Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people t... More
Logitech International 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 Logitech International'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 Logitech International SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 2.74 |
Logitech International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logitech International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logitech International's standard deviation. In reality, there are many statistical measures that can use Logitech International historical prices to predict the future Logitech International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (1.06) |
Logitech International Backtested Returns
Logitech International has Sharpe Ratio of -0.0415, which conveys that the firm had a -0.0415% return per unit of risk over the last 3 months. Logitech International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Logitech International's Mean Deviation of 1.39, risk adjusted performance of (0.04), and Standard Deviation of 2.03 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Logitech International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Logitech International is expected to be smaller as well. At this point, Logitech International has a negative expected return of -0.0858%. Please make sure to verify Logitech International's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Logitech International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Logitech International SA has weak predictability. Overlapping area represents the amount of predictability between Logitech International 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 Logitech International price movement. The serial correlation of 0.23 indicates that over 23.0% of current Logitech International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 11.73 |
Logitech International lagged returns against current returns
Autocorrelation, which is Logitech International 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 Logitech International's stock expected returns. We can calculate the autocorrelation of Logitech International returns to help us make a trade decision. For example, suppose you find that Logitech International 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 |
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Logitech International 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 Logitech International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logitech International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logitech International stock over time.
Current vs Lagged Prices |
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Logitech International Lagged Returns
When evaluating Logitech International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logitech International stock have on its future price. Logitech International 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, Logitech International autocorrelation shows the relationship between Logitech International stock current value and its past values and can show if there is a momentum factor associated with investing in Logitech International SA.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Logitech International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logitech International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logitech International Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logitech International Sa Stock:Check out Logitech International Correlation, Logitech International Volatility and Logitech International Alpha and Beta module to complement your research on Logitech International. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Logitech International 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.