Loma Negra Compania Stock Market Value
| LOMA Stock | USD 10.35 0.07 0.67% |
| Symbol | Loma |
Loma Negra Compania Price To Book Ratio
Is Construction Materials 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 Loma Negra. If investors know Loma 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 Loma Negra 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 1.831 | Earnings Share 0.61 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 1.436 | Return On Assets 0.0255 |
The market value of Loma Negra Compania is measured differently than its book value, which is the value of Loma that is recorded on the company's balance sheet. Investors also form their own opinion of Loma Negra's value that differs from its market value or its book value, called intrinsic value, which is Loma Negra's 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 Loma Negra's market value can be influenced by many factors that don't directly affect Loma Negra's 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 Loma Negra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loma Negra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loma Negra'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.
Loma Negra '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 Loma Negra's 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 Loma Negra.
| 01/26/2023 |
| 11/16/2024 |
If you would invest 0.00 in Loma Negra on January 26, 2023 and sell it all today you would earn a total of 0.00 from holding Loma Negra Compania or generate 0.0% return on investment in Loma Negra over 660 days. Loma Negra is related to or competes with United States, James Hardie, and Eagle Materials. Loma Negra Compaa Industrial Argentina Sociedad Annima, together with its subsidiaries, manufactures and sells cement an... More
Loma Negra 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 Loma Negra's 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 Loma Negra Compania upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.2318 | |||
| Maximum Drawdown | 10.28 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.25 |
Loma Negra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loma Negra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loma Negra's standard deviation. In reality, there are many statistical measures that can use Loma Negra historical prices to predict the future Loma Negra's volatility.| Risk Adjusted Performance | 0.2182 | |||
| Jensen Alpha | 0.5714 | |||
| Total Risk Alpha | 0.3227 | |||
| Sortino Ratio | 0.2718 | |||
| Treynor Ratio | 1.83 |
Loma Negra Compania Backtested Returns
Loma Negra appears to be not too volatile, given 3 months investment horizon. Loma Negra Compania has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. By analyzing Loma Negra's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Loma Negra's Downside Deviation of 1.86, mean deviation of 1.7, and Risk Adjusted Performance of 0.2182 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Loma Negra holds a performance score of 22. The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Loma Negra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Loma Negra is expected to be smaller as well. Please check Loma Negra's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Loma Negra's current price movements will revert.
Auto-correlation | 0.28 |
Poor predictability
Loma Negra Compania has poor predictability. Overlapping area represents the amount of predictability between Loma Negra time series from 26th of January 2023 to 22nd of December 2023 and 22nd of December 2023 to 16th 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 Loma Negra Compania price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Loma Negra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Loma Negra Compania lagged returns against current returns
Autocorrelation, which is Loma Negra 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 Loma Negra's stock expected returns. We can calculate the autocorrelation of Loma Negra returns to help us make a trade decision. For example, suppose you find that Loma Negra 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 |
Loma Negra 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 Loma Negra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loma Negra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loma Negra stock over time.
Current vs Lagged Prices |
| Timeline |
Loma Negra Lagged Returns
When evaluating Loma Negra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loma Negra stock have on its future price. Loma Negra 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, Loma Negra autocorrelation shows the relationship between Loma Negra stock current value and its past values and can show if there is a momentum factor associated with investing in Loma Negra Compania.
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.When determining whether Loma Negra Compania offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Loma Negra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Loma Negra Compania Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Loma Negra Compania Stock:Check out Loma Negra Correlation, Loma Negra Volatility and Loma Negra Alpha and Beta module to complement your research on Loma Negra. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Loma Negra 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.