Lithia Motors 4625 Market Value
| 536797AE3 | 87.62 9.74 10.00% |
| Symbol | Lithia |
Lithia '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 Lithia's bond 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 Lithia.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Lithia on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Lithia Motors 4625 or generate 0.0% return on investment in Lithia over 720 days. Lithia is related to or competes with Stepan, CECO Environmental, Procter Gamble, and Sun Country. More
Lithia 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 Lithia's bond 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 Lithia Motors 4625 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 19.39 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 0.4864 |
Lithia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithia's standard deviation. In reality, there are many statistical measures that can use Lithia historical prices to predict the future Lithia's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.5916 |
Lithia Motors 4625 Backtested Returns
Lithia Motors 4625 has Sharpe Ratio of -0.14, which conveys that the entity had a -0.14% return per unit of risk over the last 3 months. Lithia exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithia's Standard Deviation of 2.12, risk adjusted performance of (0.04), and Mean Deviation of 0.7903 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lithia are expected to decrease at a much lower rate. During the bear market, Lithia is likely to outperform the market.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Lithia Motors 4625 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Lithia time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Lithia Motors 4625 price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Lithia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
Lithia Motors 4625 lagged returns against current returns
Autocorrelation, which is Lithia bond'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 Lithia's bond expected returns. We can calculate the autocorrelation of Lithia returns to help us make a trade decision. For example, suppose you find that Lithia has exhibited high autocorrelation historically, and you observe that the bond 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 |
Lithia 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 Lithia bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithia bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithia bond over time.
Current vs Lagged Prices |
| Timeline |
Lithia Lagged Returns
When evaluating Lithia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithia bond have on its future price. Lithia 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, Lithia autocorrelation shows the relationship between Lithia bond current value and its past values and can show if there is a momentum factor associated with investing in Lithia Motors 4625.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Lithia Bond
Lithia financial ratios help investors to determine whether Lithia Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lithia with respect to the benefits of owning Lithia security.