Lexinfintech Holdings Stock Market Value
| LX Stock | USD 3.39 0.09 2.73% |
| Symbol | Lexinfintech |
Lexinfintech Holdings Price To Book Ratio
Is Consumer Finance 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 Lexinfintech Holdings. If investors know Lexinfintech 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 Lexinfintech Holdings 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 (0.33) | Dividend Share 0.972 | Earnings Share 0.66 | Revenue Per Share 84.354 | Quarterly Revenue Growth 0.191 |
The market value of Lexinfintech Holdings is measured differently than its book value, which is the value of Lexinfintech that is recorded on the company's balance sheet. Investors also form their own opinion of Lexinfintech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lexinfintech Holdings' 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 Lexinfintech Holdings' market value can be influenced by many factors that don't directly affect Lexinfintech Holdings' 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 Lexinfintech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lexinfintech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lexinfintech Holdings' 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.
Lexinfintech Holdings '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 Lexinfintech Holdings' 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 Lexinfintech Holdings.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Lexinfintech Holdings on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Lexinfintech Holdings or generate 0.0% return on investment in Lexinfintech Holdings over 720 days. Lexinfintech Holdings is related to or competes with Visa, Mastercard, SoFi Technologies, Coca Cola, Koppers Holdings, Coca Cola, and Know Labs. LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the Peoples Republic of... More
Lexinfintech Holdings 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 Lexinfintech Holdings' 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 Lexinfintech Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.92 | |||
| Information Ratio | 0.1697 | |||
| Maximum Drawdown | 44.77 | |||
| Value At Risk | (7.67) | |||
| Potential Upside | 13.89 |
Lexinfintech Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lexinfintech Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lexinfintech Holdings' standard deviation. In reality, there are many statistical measures that can use Lexinfintech Holdings historical prices to predict the future Lexinfintech Holdings' volatility.| Risk Adjusted Performance | 0.1508 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.3611 | |||
| Sortino Ratio | 0.191 | |||
| Treynor Ratio | 2.73 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lexinfintech Holdings' 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.
Lexinfintech Holdings Backtested Returns
Lexinfintech Holdings is very risky given 3 months investment horizon. Lexinfintech Holdings has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.3% are justified by taking the suggested risk. Use Lexinfintech Holdings Mean Deviation of 4.23, downside deviation of 5.92, and Risk Adjusted Performance of 0.1508 to evaluate company specific risk that cannot be diversified away. Lexinfintech Holdings holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lexinfintech Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lexinfintech Holdings is expected to be smaller as well. Use Lexinfintech Holdings treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Lexinfintech Holdings.
Auto-correlation | -0.35 |
Poor reverse predictability
Lexinfintech Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Lexinfintech Holdings time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Lexinfintech Holdings price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Lexinfintech Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Lexinfintech Holdings lagged returns against current returns
Autocorrelation, which is Lexinfintech Holdings 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 Lexinfintech Holdings' stock expected returns. We can calculate the autocorrelation of Lexinfintech Holdings returns to help us make a trade decision. For example, suppose you find that Lexinfintech Holdings 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 |
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Lexinfintech Holdings 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 Lexinfintech Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lexinfintech Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lexinfintech Holdings stock over time.
Current vs Lagged Prices |
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Lexinfintech Holdings Lagged Returns
When evaluating Lexinfintech Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lexinfintech Holdings stock have on its future price. Lexinfintech Holdings 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, Lexinfintech Holdings autocorrelation shows the relationship between Lexinfintech Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Lexinfintech Holdings.
Regressed Prices |
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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 Lexinfintech Stock Analysis
When running Lexinfintech Holdings' price analysis, check to measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.