Lsi Industries Stock Market Value
| LYTS Stock | USD 20.23 0.21 1.05% |
| Symbol | LSI |
LSI Industries Price To Book Ratio
Is Electrical Components & 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 LSI Industries. If investors know LSI 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 LSI 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 (0.18) | Dividend Share 0.2 | Earnings Share 0.78 | Revenue Per Share 16.552 | Quarterly Revenue Growth 0.119 |
The market value of LSI Industries is measured differently than its book value, which is the value of LSI that is recorded on the company's balance sheet. Investors also form their own opinion of LSI Industries' value that differs from its market value or its book value, called intrinsic value, which is LSI 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 LSI Industries' market value can be influenced by many factors that don't directly affect LSI 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 LSI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LSI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LSI 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.
LSI 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 LSI 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 LSI Industries.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in LSI Industries on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding LSI Industries or generate 0.0% return on investment in LSI Industries over 30 days. LSI Industries is related to or competes with Plexus Corp, OSI Systems, CTS, Benchmark Electronics, Methode Electronics, Bel Fuse, and Sanmina. LSI Industries Inc. produces and sells non-residential lighting and retail display solutions in the United States, Canad... More
LSI 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 LSI 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 LSI Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.2035 | |||
| Maximum Drawdown | 10.64 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 5.36 |
LSI Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LSI Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LSI Industries' standard deviation. In reality, there are many statistical measures that can use LSI Industries historical prices to predict the future LSI Industries' volatility.| Risk Adjusted Performance | 0.2029 | |||
| Jensen Alpha | 0.3384 | |||
| Total Risk Alpha | 0.2465 | |||
| Sortino Ratio | 0.3351 | |||
| Treynor Ratio | 0.2967 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LSI 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.
LSI Industries Backtested Returns
LSI Industries appears to be very steady, given 3 months investment horizon. LSI Industries has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. We have found thirty technical indicators for LSI Industries, which you can use to evaluate the volatility of the firm. Please exercise LSI Industries' mean deviation of 1.45, and Risk Adjusted Performance of 0.2029 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LSI Industries holds a performance score of 19. The company secures a Beta (Market Risk) of 1.72, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LSI Industries will likely underperform. Please check LSI Industries' treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether LSI Industries' current price movements will revert.
Auto-correlation | 0.08 |
Virtually no predictability
LSI Industries has virtually no predictability. Overlapping area represents the amount of predictability between LSI Industries time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 LSI Industries price movement. The serial correlation of 0.08 indicates that barely 8.0% of current LSI Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
LSI Industries lagged returns against current returns
Autocorrelation, which is LSI 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 LSI Industries' stock expected returns. We can calculate the autocorrelation of LSI Industries returns to help us make a trade decision. For example, suppose you find that LSI 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 |
| Timeline |
LSI 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 LSI Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LSI Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LSI Industries stock over time.
Current vs Lagged Prices |
| Timeline |
LSI Industries Lagged Returns
When evaluating LSI Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LSI Industries stock have on its future price. LSI 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, LSI Industries autocorrelation shows the relationship between LSI Industries stock current value and its past values and can show if there is a momentum factor associated with investing in LSI Industries.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for LSI Stock Analysis
When running LSI Industries' price analysis, check to measure LSI Industries' 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 LSI Industries is operating at the current time. Most of LSI Industries' value examination focuses on studying past and present price action to predict the probability of LSI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LSI Industries' price. Additionally, you may evaluate how the addition of LSI Industries to your portfolios can decrease your overall portfolio volatility.