LT's market value is the price at which a share of LT trades on a public exchange. It measures the collective expectations of LT Group investors about its performance. LT is trading at 11.18 as of the 31st of January 2025, a 0.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 11.16. With this module, you can estimate the performance of a buy and hold strategy of LT Group and determine expected loss or profit from investing in LT over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Symbol
LT
LT '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 LT'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 LT.
0.00
09/03/2024
No Change 0.00
0.0
In 4 months and 31 days
01/31/2025
0.00
If you would invest 0.00 in LT on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding LT Group or generate 0.0% return on investment in LT over 150 days.
LT 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 LT'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 LT Group 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 LT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LT's standard deviation. In reality, there are many statistical measures that can use LT historical prices to predict the future LT's volatility.
LT appears to be very steady, given 3 months investment horizon. LT Group retains Efficiency (Sharpe Ratio) of 0.23, which conveys that the firm had a 0.23 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for LT, which you can use to evaluate the volatility of the firm. Please exercise LT's Market Risk Adjusted Performance of 3.8, standard deviation of 0.9927, and Mean Deviation of 0.6901 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LT holds a performance score of 18. The company owns a Beta (Systematic Risk) of 0.0549, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LT's returns are expected to increase less than the market. However, during the bear market, the loss of holding LT is expected to be smaller as well. Please check LT's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether LT's current price history will revert.
Auto-correlation
0.75
Good predictability
LT Group has good predictability. Overlapping area represents the amount of predictability between LT time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LT Group price movement. The serial correlation of 0.75 indicates that around 75.0% of current LT price fluctuation can be explain by its past prices.
Correlation Coefficient
0.75
Spearman Rank Test
0.78
Residual Average
0.0
Price Variance
0.15
LT Group lagged returns against current returns
Autocorrelation, which is LT 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 LT's stock expected returns. We can calculate the autocorrelation of LT returns to help us make a trade decision. For example, suppose you find that LT 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
LT 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 LT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LT stock over time.
Current vs Lagged Prices
Timeline
LT Lagged Returns
When evaluating LT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LT stock have on its future price. LT 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, LT autocorrelation shows the relationship between LT stock current value and its past values and can show if there is a momentum factor associated with investing in LT Group.
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.