LOWES PANIES INC Market Value
| 548661DR5 | 94.93 1.74 1.80% |
| Symbol | LOWES |
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.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in LOWES on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding LOWES PANIES INC or generate 0.0% return on investment in LOWES over 60 days. LOWES is related to or competes with Asure Software, Porvair Plc, Paltalk, Mayfair Gold, Pentair PLC, Mesa Air, and KNOT Offshore. More
LOWES 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 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 PANIES INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 12.77 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.18 |
LOWES Market Risk Indicators
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.96) |
LOWES PANIES INC Backtested Returns
LOWES PANIES INC has Sharpe Ratio of -0.15, which conveys that the entity had a -0.15% 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 Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.95), and Mean Deviation of 0.8274 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.0485, 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 | -0.26 |
Weak reverse predictability
LOWES PANIES INC has weak reverse predictability. Overlapping area represents the amount of predictability between LOWES time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 LOWES PANIES INC price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current LOWES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
LOWES PANIES INC 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 PANIES INC.
Regressed Prices |
| Timeline |
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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 LOWES Bond
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.