Lytus Technologies Holdings Stock Market Value
| LYT Stock | USD 0.66 0.02 2.94% |
| Symbol | Lytus |
Lytus Technologies Price To Book Ratio
Is Application Software 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 Lytus Technologies. If investors know Lytus 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 Lytus Technologies 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 (0.70) | Earnings Share 0.3 | Revenue Per Share | Quarterly Revenue Growth 0.267 | Return On Assets |
The market value of Lytus Technologies is measured differently than its book value, which is the value of Lytus that is recorded on the company's balance sheet. Investors also form their own opinion of Lytus Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lytus Technologies' 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 Lytus Technologies' market value can be influenced by many factors that don't directly affect Lytus Technologies' 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 Lytus Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lytus Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lytus Technologies' 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.
Lytus Technologies '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 Lytus Technologies' 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 Lytus Technologies.
| 10/01/2024 |
| 01/29/2025 |
If you would invest 0.00 in Lytus Technologies on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding Lytus Technologies Holdings or generate 0.0% return on investment in Lytus Technologies over 120 days. Lytus Technologies is related to or competes with RenoWorks Software, 01 Communique, LifeSpeak, Auddia, OLB, and Nowigence. Ltd., a platform services company, provides content streamingtelecasting services to users in India More
Lytus Technologies 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 Lytus Technologies' 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 Lytus Technologies Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 30.14 | |||
| Value At Risk | (8.54) | |||
| Potential Upside | 9.04 |
Lytus Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lytus Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lytus Technologies' standard deviation. In reality, there are many statistical measures that can use Lytus Technologies historical prices to predict the future Lytus Technologies' volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (1.66) | |||
| Total Risk Alpha | (2.04) | |||
| Treynor Ratio | (1.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lytus Technologies' 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.
Lytus Technologies Backtested Returns
Lytus Technologies has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28 % return per unit of risk over the last 3 months. Lytus Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lytus Technologies' Mean Deviation of 3.61, risk adjusted performance of (0.25), and Standard Deviation of 5.04 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.04, which conveys a somewhat significant risk relative to the market. Lytus Technologies returns are very sensitive to returns on the market. As the market goes up or down, Lytus Technologies is expected to follow. At this point, Lytus Technologies has a negative expected return of -1.45%. Please make sure to verify Lytus Technologies' treynor ratio and daily balance of power , to decide if Lytus Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Lytus Technologies Holdings has very weak predictability. Overlapping area represents the amount of predictability between Lytus Technologies time series from 1st of October 2024 to 30th of November 2024 and 30th of November 2024 to 29th 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 Lytus Technologies price movement. The serial correlation of 0.17 indicates that over 17.0% of current Lytus Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Lytus Technologies lagged returns against current returns
Autocorrelation, which is Lytus Technologies 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 Lytus Technologies' stock expected returns. We can calculate the autocorrelation of Lytus Technologies returns to help us make a trade decision. For example, suppose you find that Lytus Technologies 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 |
Lytus Technologies 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 Lytus Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lytus Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lytus Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Lytus Technologies Lagged Returns
When evaluating Lytus Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lytus Technologies stock have on its future price. Lytus Technologies 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, Lytus Technologies autocorrelation shows the relationship between Lytus Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Lytus Technologies Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.