LOWES's market value is the price at which a share of LOWES trades on an exchange. It measures the collective expectations of LOWES INC 31 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of LOWES INC 31 and determine expected loss or profit from investing in LOWES over a given investment horizon. Check out LOWES Correlation, LOWES Volatility and LOWES Alpha and Beta module to complement your research on LOWES.
Please note, there is a significant difference between LOWES's value and its price as these two are different measures arrived at by different means. Investors typically determine if LOWES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LOWES's 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.
LOWES '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 LOWES'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 LOWES.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure LOWES'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 LOWES INC 31 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for LOWES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LOWES's standard deviation. In reality, there are many statistical measures that can use LOWES historical prices to predict the future LOWES's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LOWES. Your research has to be compared to or analyzed against LOWES's peers to derive any actionable benefits. When done correctly, LOWES's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LOWES INC 31.
LOWES INC 31 Backtested Returns
LOWES INC 31 has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12% return per unit of standard deviation over the last 3 months. LOWES exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LOWES's Market Risk Adjusted Performance of (0.67), risk adjusted performance of 4.0E-4, and Mean Deviation of 0.6691 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.029, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LOWES's returns are expected to increase less than the market. However, during the bear market, the loss of holding LOWES is expected to be smaller as well.
Auto-correlation
0.23
Weak predictability
LOWES INC 31 has weak predictability. Overlapping area represents the amount of predictability between LOWES time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th 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 LOWES INC 31 price movement. The serial correlation of 0.23 indicates that over 23.0% of current LOWES price fluctuation can be explain by its past prices.
Correlation Coefficient
0.23
Spearman Rank Test
-0.16
Residual Average
0.0
Price Variance
0.02
LOWES INC 31 lagged returns against current returns
Autocorrelation, which is LOWES 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 LOWES's bond expected returns. We can calculate the autocorrelation of LOWES returns to help us make a trade decision. For example, suppose you find that LOWES 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
LOWES 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 LOWES bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LOWES bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LOWES bond over time.
Current vs Lagged Prices
Timeline
LOWES Lagged Returns
When evaluating LOWES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LOWES bond have on its future price. LOWES 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, LOWES autocorrelation shows the relationship between LOWES bond current value and its past values and can show if there is a momentum factor associated with investing in LOWES INC 31.
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.
LOWES financial ratios help investors to determine whether LOWES 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 LOWES with respect to the benefits of owning LOWES security.