Lantronix Stock Market Value
| LTRX Stock | USD 2.86 0.06 2.05% |
| Symbol | Lantronix |
Lantronix Price To Book Ratio
Is Communications 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 Lantronix. If investors know Lantronix 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 Lantronix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Revenue Per Share 4.296 | Quarterly Revenue Growth 0.042 | Return On Assets (0) | Return On Equity (0.07) |
The market value of Lantronix is measured differently than its book value, which is the value of Lantronix that is recorded on the company's balance sheet. Investors also form their own opinion of Lantronix's value that differs from its market value or its book value, called intrinsic value, which is Lantronix'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 Lantronix's market value can be influenced by many factors that don't directly affect Lantronix'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 Lantronix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lantronix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lantronix'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.
Lantronix '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 Lantronix'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 Lantronix.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Lantronix on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Lantronix or generate 0.0% return on investment in Lantronix over 720 days. Lantronix is related to or competes with LightPath Technologies, Luna Innovations, Identiv, VOXX International, and BOS Better. Lantronix, Inc. provides solutions for video surveillance, traffic management, infotainment systems, robotics, edge comp... More
Lantronix 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 Lantronix'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 Lantronix upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 39.58 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 6.94 |
Lantronix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lantronix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lantronix's standard deviation. In reality, there are many statistical measures that can use Lantronix historical prices to predict the future Lantronix's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (0.49) |
Lantronix Backtested Returns
Lantronix has Sharpe Ratio of -0.0382, which conveys that the firm had a -0.0382% return per unit of risk over the last 3 months. Lantronix exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lantronix's Risk Adjusted Performance of (0.02), standard deviation of 5.13, and Mean Deviation of 3.09 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lantronix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lantronix is expected to be smaller as well. At this point, Lantronix has a negative expected return of -0.2%. Please make sure to verify Lantronix's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Lantronix performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Lantronix has insignificant predictability. Overlapping area represents the amount of predictability between Lantronix time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Lantronix price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Lantronix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Lantronix lagged returns against current returns
Autocorrelation, which is Lantronix 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 Lantronix's stock expected returns. We can calculate the autocorrelation of Lantronix returns to help us make a trade decision. For example, suppose you find that Lantronix 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 |
Lantronix 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 Lantronix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lantronix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lantronix stock over time.
Current vs Lagged Prices |
| Timeline |
Lantronix Lagged Returns
When evaluating Lantronix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lantronix stock have on its future price. Lantronix 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, Lantronix autocorrelation shows the relationship between Lantronix stock current value and its past values and can show if there is a momentum factor associated with investing in Lantronix.
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 Lantronix Stock Analysis
When running Lantronix's price analysis, check to measure Lantronix'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 Lantronix is operating at the current time. Most of Lantronix's value examination focuses on studying past and present price action to predict the probability of Lantronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lantronix's price. Additionally, you may evaluate how the addition of Lantronix to your portfolios can decrease your overall portfolio volatility.