Lyondellbasell Industries Nv Stock Market Value
| LYB Stock | USD 82.80 0.32 0.39% |
| Symbol | LyondellBasell |
LyondellBasell Industries Price To Book Ratio
Is Commodity Chemicals 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 LyondellBasell Industries. If investors know LyondellBasell 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 LyondellBasell Industries 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 (0.24) | Dividend Share 5.18 | Earnings Share 6.59 | Revenue Per Share 125.335 | Quarterly Revenue Growth (0.03) |
The market value of LyondellBasell Industries is measured differently than its book value, which is the value of LyondellBasell that is recorded on the company's balance sheet. Investors also form their own opinion of LyondellBasell Industries' value that differs from its market value or its book value, called intrinsic value, which is LyondellBasell Industries' 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 LyondellBasell Industries' market value can be influenced by many factors that don't directly affect LyondellBasell Industries' 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 LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell Industries' 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.
LyondellBasell Industries '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 LyondellBasell Industries' 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 LyondellBasell Industries.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in LyondellBasell Industries on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding LyondellBasell Industries NV or generate 0.0% return on investment in LyondellBasell Industries over 720 days. LyondellBasell Industries is related to or competes with International Flavors, Cabot, Westlake Chemical, Air Products, Linde Plc, PPG Industries, and Ecolab. LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, Fran... More
LyondellBasell Industries 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 LyondellBasell Industries' 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 LyondellBasell Industries NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 1.98 |
LyondellBasell Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LyondellBasell Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LyondellBasell Industries' standard deviation. In reality, there are many statistical measures that can use LyondellBasell Industries historical prices to predict the future LyondellBasell Industries' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LyondellBasell Industries' 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.
LyondellBasell Industries Backtested Returns
LyondellBasell Industries has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. LyondellBasell Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LyondellBasell Industries' Mean Deviation of 0.8479, standard deviation of 1.13, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. LyondellBasell Industries returns are very sensitive to returns on the market. As the market goes up or down, LyondellBasell Industries is expected to follow. At this point, LyondellBasell Industries has a negative expected return of -0.26%. Please make sure to verify LyondellBasell Industries' potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if LyondellBasell Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
LyondellBasell Industries NV has virtually no predictability. Overlapping area represents the amount of predictability between LyondellBasell Industries 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 LyondellBasell Industries price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current LyondellBasell Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 14.99 |
LyondellBasell Industries lagged returns against current returns
Autocorrelation, which is LyondellBasell Industries 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 LyondellBasell Industries' stock expected returns. We can calculate the autocorrelation of LyondellBasell Industries returns to help us make a trade decision. For example, suppose you find that LyondellBasell Industries 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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LyondellBasell Industries 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 LyondellBasell Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LyondellBasell Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LyondellBasell Industries stock over time.
Current vs Lagged Prices |
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LyondellBasell Industries Lagged Returns
When evaluating LyondellBasell Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LyondellBasell Industries stock have on its future price. LyondellBasell Industries 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, LyondellBasell Industries autocorrelation shows the relationship between LyondellBasell Industries stock current value and its past values and can show if there is a momentum factor associated with investing in LyondellBasell Industries NV.
Regressed Prices |
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Also Currently Popular
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.When determining whether LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' 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 Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:Check out LyondellBasell Industries Correlation, LyondellBasell Industries Volatility and LyondellBasell Industries Alpha and Beta module to complement your research on LyondellBasell Industries. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
LyondellBasell Industries 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.