Lam Research Corp Stock Market Value
| LRCX Stock | USD 73.71 1.07 1.47% |
| Symbol | Lam |
Lam Research Corp Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Lam Research. If investors know Lam 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 Lam Research 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 0.284 | Dividend Share 0.83 | Earnings Share 3.09 | Revenue Per Share 11.925 | Quarterly Revenue Growth 0.197 |
The market value of Lam Research Corp is measured differently than its book value, which is the value of Lam that is recorded on the company's balance sheet. Investors also form their own opinion of Lam Research's value that differs from its market value or its book value, called intrinsic value, which is Lam Research'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 Lam Research's market value can be influenced by many factors that don't directly affect Lam Research'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 Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research'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.
Lam Research '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 Lam Research'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 Lam Research.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lam Research on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lam Research Corp or generate 0.0% return on investment in Lam Research over 30 days. Lam Research is related to or competes with ASML Holding, KLA Tencor, Axcelis Technologies, Teradyne, Applied Materials, Aehr Test, and Photronics. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment us... More
Lam Research 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 Lam Research'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 Lam Research Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 4.4 |
Lam Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lam Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lam Research's standard deviation. In reality, there are many statistical measures that can use Lam Research historical prices to predict the future Lam Research's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lam Research'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.
Lam Research Corp Backtested Returns
Lam Research Corp has Sharpe Ratio of -0.0336, which conveys that the firm had a -0.0336% return per unit of risk over the last 3 months. Lam Research exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lam Research's Risk Adjusted Performance of (0.04), mean deviation of 2.02, and Standard Deviation of 2.8 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.28, 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, Lam Research will likely underperform. At this point, Lam Research Corp has a negative expected return of -0.0951%. Please make sure to verify Lam Research's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Lam Research Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Lam Research Corp has very weak predictability. Overlapping area represents the amount of predictability between Lam Research 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 Lam Research Corp price movement. The serial correlation of 0.19 indicates that over 19.0% of current Lam Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 4.8 |
Lam Research Corp lagged returns against current returns
Autocorrelation, which is Lam Research 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 Lam Research's stock expected returns. We can calculate the autocorrelation of Lam Research returns to help us make a trade decision. For example, suppose you find that Lam Research 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 |
Lam Research 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 Lam Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lam Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lam Research stock over time.
Current vs Lagged Prices |
| Timeline |
Lam Research Lagged Returns
When evaluating Lam Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lam Research stock have on its future price. Lam Research 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, Lam Research autocorrelation shows the relationship between Lam Research stock current value and its past values and can show if there is a momentum factor associated with investing in Lam Research Corp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Lam Stock Analysis
When running Lam Research's price analysis, check to measure Lam Research'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 Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.