The Lovesac Stock Market Value
| LOVE Stock | USD 38.47 3.76 10.83% |
| Symbol | Lovesac |
Lovesac Company Valuation
Is Household Durables 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 Lovesac. If investors know Lovesac 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 Lovesac 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 0.137 | Earnings Share 0.55 | Revenue Per Share 44.625 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0144 |
The market value of Lovesac is measured differently than its book value, which is the value of Lovesac that is recorded on the company's balance sheet. Investors also form their own opinion of Lovesac's value that differs from its market value or its book value, called intrinsic value, which is Lovesac'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 Lovesac's market value can be influenced by many factors that don't directly affect Lovesac'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 Lovesac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lovesac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lovesac'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.
Lovesac '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 Lovesac'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 Lovesac.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lovesac on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Lovesac or generate 0.0% return on investment in Lovesac over 60 days. Lovesac is related to or competes with La Z, Purple Innovation, MasterBrand, Ethan Allen, Mohawk Industries, MillerKnoll, and Sleep Number. The Lovesac Company designs, manufactures, and sells furniture More
Lovesac 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 Lovesac'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 The Lovesac upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.1399 | |||
| Maximum Drawdown | 26.74 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 5.76 |
Lovesac Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lovesac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lovesac's standard deviation. In reality, there are many statistical measures that can use Lovesac historical prices to predict the future Lovesac's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.618 | |||
| Total Risk Alpha | 0.059 | |||
| Sortino Ratio | 0.2042 | |||
| Treynor Ratio | 1.73 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lovesac's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lovesac Backtested Returns
Lovesac appears to be very steady, given 3 months investment horizon. Lovesac has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Lovesac's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please exercise Lovesac's Market Risk Adjusted Performance of 1.74, downside deviation of 2.67, and Risk Adjusted Performance of 0.1402 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lovesac holds a performance score of 16. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lovesac's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lovesac is expected to be smaller as well. Please check Lovesac's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Lovesac's current price movements will revert.
Auto-correlation | 0.55 |
Modest predictability
The Lovesac has modest predictability. Overlapping area represents the amount of predictability between Lovesac time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Lovesac price movement. The serial correlation of 0.55 indicates that about 55.0% of current Lovesac price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 |
Lovesac lagged returns against current returns
Autocorrelation, which is Lovesac 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 Lovesac's stock expected returns. We can calculate the autocorrelation of Lovesac returns to help us make a trade decision. For example, suppose you find that Lovesac 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 |
Lovesac 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 Lovesac stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lovesac stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lovesac stock over time.
Current vs Lagged Prices |
| Timeline |
Lovesac Lagged Returns
When evaluating Lovesac's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lovesac stock have on its future price. Lovesac 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, Lovesac autocorrelation shows the relationship between Lovesac stock current value and its past values and can show if there is a momentum factor associated with investing in The Lovesac.
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.When determining whether Lovesac is a strong investment it is important to analyze Lovesac's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lovesac's future performance. For an informed investment choice regarding Lovesac Stock, refer to the following important reports:Check out Lovesac Correlation, Lovesac Volatility and Lovesac Alpha and Beta module to complement your research on Lovesac. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Lovesac 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.