Lennox International (Germany) Market Value
| LXI Stock | EUR 610.20 10.80 1.80% |
| Symbol | Lennox |
Lennox International '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 Lennox International'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 Lennox International.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Lennox International on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Lennox International or generate 0.0% return on investment in Lennox International over 90 days. Lennox International is related to or competes with Ramsay Health, SHIP HEALTHCARE, ATRYS HEALTH, Science Applications, FEMALE HEALTH, GUARDANT HEALTH, and Public Storage. Lennox International Inc., through its subsidiaries, provides climate control solutions in North America, Europe, Russia... More
Lennox International 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 Lennox International'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 Lennox International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0929 | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.18 |
Lennox International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lennox International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lennox International's standard deviation. In reality, there are many statistical measures that can use Lennox International historical prices to predict the future Lennox International's volatility.| Risk Adjusted Performance | 0.1183 | |||
| Jensen Alpha | 0.1801 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0957 | |||
| Treynor Ratio | 0.2848 |
Lennox International Backtested Returns
Lennox International appears to be very steady, given 3 months investment horizon. Lennox International has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lennox International, which you can use to evaluate the volatility of the firm. Please exercise Lennox International's Risk Adjusted Performance of 0.1183, mean deviation of 1.56, and Downside Deviation of 1.95 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lennox International holds a performance score of 11. The company secures a Beta (Market Risk) of 1.06, which conveys a somewhat significant risk relative to the market. Lennox International returns are very sensitive to returns on the market. As the market goes up or down, Lennox International is expected to follow. Please check Lennox International's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Lennox International's current price movements will revert.
Auto-correlation | 0.49 |
Average predictability
Lennox International has average predictability. Overlapping area represents the amount of predictability between Lennox International time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Lennox International price movement. The serial correlation of 0.49 indicates that about 49.0% of current Lennox International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 893.05 |
Lennox International lagged returns against current returns
Autocorrelation, which is Lennox International 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 Lennox International's stock expected returns. We can calculate the autocorrelation of Lennox International returns to help us make a trade decision. For example, suppose you find that Lennox International 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 |
Lennox International 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 Lennox International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lennox International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lennox International stock over time.
Current vs Lagged Prices |
| Timeline |
Lennox International Lagged Returns
When evaluating Lennox International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lennox International stock have on its future price. Lennox International 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, Lennox International autocorrelation shows the relationship between Lennox International stock current value and its past values and can show if there is a momentum factor associated with investing in Lennox International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Lennox Stock
When determining whether Lennox International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennox International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennox International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennox International Stock:Check out Lennox International Correlation, Lennox International Volatility and Lennox International Alpha and Beta module to complement your research on Lennox International. For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Lennox International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.