Lowes Companies Stock Market Value
| LOW Stock | USD 230.24 1.45 0.63% |
| Symbol | Lowes |
Lowes Companies Price To Book Ratio
Is Lowes Companies' industry 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 Lowes Companies. If investors know Lowes 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 Lowes Companies 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 0.118 | Dividend Share 4.35 | Earnings Share 13.19 | Revenue Per Share 148.414 | Quarterly Revenue Growth (0.17) |
The market value of Lowes Companies is measured differently than its book value, which is the value of Lowes that is recorded on the company's balance sheet. Investors also form their own opinion of Lowes Companies' value that differs from its market value or its book value, called intrinsic value, which is Lowes Companies' 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 Lowes Companies' market value can be influenced by many factors that don't directly affect Lowes Companies' 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 Lowes Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lowes Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lowes Companies' 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 Companies '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 Companies' 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 Lowes Companies.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Lowes Companies on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Lowes Companies or generate 0.0% return on investment in Lowes Companies over 30 days. Lowes Companies is related to or competes with Arhaus, Haverty Furniture, Kirklands, and Live Ventures. Lowes Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and ... More
Lowes Companies 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 Companies' 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 Lowes Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.01 | |||
| Maximum Drawdown | 6.55 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.86 |
Lowes Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lowes Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lowes Companies' standard deviation. In reality, there are many statistical measures that can use Lowes Companies historical prices to predict the future Lowes Companies' volatility.| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.0611 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lowes Companies' 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.
Lowes Companies Backtested Returns
We consider Lowes Companies very steady. Lowes Companies has Sharpe Ratio of 0.0659, which conveys that the firm had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lowes Companies, which you can use to evaluate the volatility of the firm. Please verify Lowes Companies' Risk Adjusted Performance of 0.0508, mean deviation of 1.04, and Downside Deviation of 1.24 to check out if the risk estimate we provide is consistent with the expected return of 0.0888%. Lowes Companies has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.45, 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, Lowes Companies will likely underperform. Lowes Companies right now secures a risk of 1.35%. Please verify Lowes Companies sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Lowes Companies will be following its current price movements.
Auto-correlation | 0.78 |
Good predictability
Lowes Companies has good predictability. Overlapping area represents the amount of predictability between Lowes Companies time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Companies price movement. The serial correlation of 0.78 indicates that around 78.0% of current Lowes Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 30.96 |
Lowes Companies lagged returns against current returns
Autocorrelation, which is Lowes Companies 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 Lowes Companies' stock expected returns. We can calculate the autocorrelation of Lowes Companies returns to help us make a trade decision. For example, suppose you find that Lowes Companies 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 |
Lowes Companies 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 Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lowes Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lowes Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Lowes Companies Lagged Returns
When evaluating Lowes Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lowes Companies stock have on its future price. Lowes Companies 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 Companies autocorrelation shows the relationship between Lowes Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Lowes Companies.
Regressed Prices |
| Timeline |
Lowes Companies Investors Sentiment
The influence of Lowes Companies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lowes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Lowes Companies' public news can be used to forecast risks associated with an investment in Lowes. The trend in average sentiment can be used to explain how an investor holding Lowes can time the market purely based on public headlines and social activities around Lowes Companies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lowes Companies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lowes Companies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lowes Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lowes Companies.
Lowes Companies Implied Volatility | 29.9 |
Lowes Companies' implied volatility exposes the market's sentiment of Lowes Companies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Lowes Companies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Lowes Companies stock will not fluctuate a lot when Lowes Companies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lowes Companies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lowes Companies' short interest history, or implied volatility extrapolated from Lowes Companies options trading.
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Try AI Portfolio ArchitectCheck out Lowes Companies Correlation, Lowes Companies Volatility and Lowes Companies Alpha and Beta module to complement your research on Lowes Companies. For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Lowes Stock analysis
When running Lowes Companies' price analysis, check to measure Lowes Companies' 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 Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.
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Lowes Companies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.