Lqr House Common Stock Market Value
| LQR Stock | 1.19 0.09 7.03% |
| Symbol | LQR |
LQR House Common Price To Book Ratio
Is Advertising 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 LQR House. If investors know LQR 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 LQR House listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.06) | Revenue Per Share 0.565 | Quarterly Revenue Growth 1.921 | Return On Assets (1.21) | Return On Equity (2.39) |
The market value of LQR House Common is measured differently than its book value, which is the value of LQR that is recorded on the company's balance sheet. Investors also form their own opinion of LQR House's value that differs from its market value or its book value, called intrinsic value, which is LQR House'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 LQR House's market value can be influenced by many factors that don't directly affect LQR House'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 LQR House's value and its price as these two are different measures arrived at by different means. Investors typically determine if LQR House is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LQR House'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.
LQR House '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 LQR House'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 LQR House.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in LQR House on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding LQR House Common or generate 0.0% return on investment in LQR House over 30 days. LQR House is related to or competes with Emerson Radio, Flexible Solutions, Summit Materials, Cementos Pacasmayo, Xponential Fitness, Griffon, and United Parks. LQR House is entity of United States. It is traded as Stock on NASDAQ exchange. More
LQR House 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 LQR House'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 LQR House Common upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.6 | |||
| Information Ratio | 0.1325 | |||
| Maximum Drawdown | 46.41 | |||
| Value At Risk | (10.94) | |||
| Potential Upside | 16.67 |
LQR House Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LQR House's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LQR House's standard deviation. In reality, there are many statistical measures that can use LQR House historical prices to predict the future LQR House's volatility.| Risk Adjusted Performance | 0.1224 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1495 | |||
| Treynor Ratio | 5.64 |
LQR House Common Backtested Returns
LQR House is extremely dangerous given 3 months investment horizon. LQR House Common has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of volatility over the last 3 months. We were able to break down and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use LQR House Common risk adjusted performance of 0.1224, and Mean Deviation of 5.86 to evaluate company specific risk that cannot be diversified away. LQR House holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LQR House's returns are expected to increase less than the market. However, during the bear market, the loss of holding LQR House is expected to be smaller as well. Use LQR House Common potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on LQR House Common.
Auto-correlation | 0.24 |
Weak predictability
LQR House Common has weak predictability. Overlapping area represents the amount of predictability between LQR House 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 LQR House Common price movement. The serial correlation of 0.24 indicates that over 24.0% of current LQR House price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
LQR House Common lagged returns against current returns
Autocorrelation, which is LQR House 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 LQR House's stock expected returns. We can calculate the autocorrelation of LQR House returns to help us make a trade decision. For example, suppose you find that LQR House 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 |
LQR House 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 LQR House stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LQR House stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LQR House stock over time.
Current vs Lagged Prices |
| Timeline |
LQR House Lagged Returns
When evaluating LQR House's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LQR House stock have on its future price. LQR House 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, LQR House autocorrelation shows the relationship between LQR House stock current value and its past values and can show if there is a momentum factor associated with investing in LQR House Common.
Regressed Prices |
| Timeline |
Pair Trading with LQR House
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 LQR House 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 LQR House will appreciate offsetting losses from the drop in the long position's value.Moving against LQR Stock
| 0.77 | DEO | Diageo PLC ADR | PairCorr |
| 0.75 | TC | TuanChe ADR | PairCorr |
| 0.68 | MGPI | MGP Ingredients | PairCorr |
| 0.67 | YQ | 17 Education Technology | PairCorr |
| 0.63 | TU | Telus Corp | PairCorr |
The ability to find closely correlated positions to LQR House could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LQR House 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 LQR House - 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 LQR House Common to buy it.
The correlation of LQR House 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 LQR House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LQR House Common 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 LQR House 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 LQR Stock Analysis
When running LQR House's price analysis, check to measure LQR House's 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 LQR House is operating at the current time. Most of LQR House's value examination focuses on studying past and present price action to predict the probability of LQR House's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LQR House's price. Additionally, you may evaluate how the addition of LQR House to your portfolios can decrease your overall portfolio volatility.