Loomis AB's market value is the price at which a share of Loomis AB trades on a public exchange. It measures the collective expectations of Loomis AB investors about its performance. Loomis AB is trading at 29.95 as of the 12th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 29.95. With this module, you can estimate the performance of a buy and hold strategy of Loomis AB and determine expected loss or profit from investing in Loomis AB over a given investment horizon. Check out Loomis AB Correlation, Loomis AB Volatility and Loomis AB Alpha and Beta module to complement your research on Loomis AB.
Please note, there is a significant difference between Loomis AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loomis AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loomis AB'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.
Loomis AB '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 Loomis AB's pink sheet 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 Loomis AB.
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10/13/2024
No Change 0.00
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In 2 months and 2 days
12/12/2024
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If you would invest 0.00 in Loomis AB on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Loomis AB or generate 0.0% return on investment in Loomis AB over 60 days. Loomis AB is related to or competes with Allegion PLC, MSA Safety, Resideo Technologies, NL Industries, Brady, Brinks, and CoreCivic. Loomis AB provides solutions for the distribution, handling, storage, and recycling of cash and other valuables in Swede... More
Loomis AB 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 Loomis AB's pink sheet 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 Loomis AB upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loomis AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loomis AB's standard deviation. In reality, there are many statistical measures that can use Loomis AB historical prices to predict the future Loomis AB's volatility.
Loomis AB appears to be not too volatile, given 3 months investment horizon. Loomis AB has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Loomis AB, which you can use to evaluate the volatility of the firm. Please exercise Loomis AB's Risk Adjusted Performance of 0.0808, mean deviation of 0.9061, and Standard Deviation of 3.78 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Loomis AB holds a performance score of 8. The company secures a Beta (Market Risk) of -0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Loomis AB are expected to decrease at a much lower rate. During the bear market, Loomis AB is likely to outperform the market. Please check Loomis AB's information ratio and kurtosis , to make a quick decision on whether Loomis AB's current price movements will revert.
Correlation Coefficient
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Spearman Rank Test
-0.47
Residual Average
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Price Variance
0.45
Loomis AB lagged returns against current returns
Autocorrelation, which is Loomis AB pink sheet'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 Loomis AB's pink sheet expected returns. We can calculate the autocorrelation of Loomis AB returns to help us make a trade decision. For example, suppose you find that Loomis AB has exhibited high autocorrelation historically, and you observe that the pink sheet 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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Loomis AB 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 Loomis AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loomis AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loomis AB pink sheet over time.
Current vs Lagged Prices
Timeline
Loomis AB Lagged Returns
When evaluating Loomis AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loomis AB pink sheet have on its future price. Loomis AB 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, Loomis AB autocorrelation shows the relationship between Loomis AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Loomis AB.
Other Information on Investing in Loomis Pink Sheet
Loomis AB financial ratios help investors to determine whether Loomis Pink Sheet 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 Loomis with respect to the benefits of owning Loomis AB security.