Louisiana Pacific Stock Market Value
| LPX Stock | USD 108.21 2.44 2.31% |
| Symbol | Louisiana |
Louisiana Pacific Price To Book Ratio
Is Paper & Forest Products 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 Louisiana Pacific. If investors know Louisiana 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 Louisiana Pacific 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 4.103 | Dividend Share 1 | Earnings Share 6.15 | Revenue Per Share 40.625 | Quarterly Revenue Growth 0.332 |
The market value of Louisiana Pacific is measured differently than its book value, which is the value of Louisiana that is recorded on the company's balance sheet. Investors also form their own opinion of Louisiana Pacific's value that differs from its market value or its book value, called intrinsic value, which is Louisiana Pacific'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 Louisiana Pacific's market value can be influenced by many factors that don't directly affect Louisiana Pacific'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 Louisiana Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Louisiana Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Louisiana Pacific'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.
Louisiana Pacific '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 Louisiana Pacific'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 Louisiana Pacific.
| 09/08/2024 |
| 10/08/2024 |
If you would invest 0.00 in Louisiana Pacific on September 8, 2024 and sell it all today you would earn a total of 0.00 from holding Louisiana Pacific or generate 0.0% return on investment in Louisiana Pacific over 30 days. Louisiana Pacific is related to or competes with Lennox International, Fortune Brands, Trane Technologies, Johnson Controls, Carlisle Companies, Masco, and Beacon Roofing. Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for ... More
Louisiana Pacific 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 Louisiana Pacific'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 Louisiana Pacific upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.2171 | |||
| Maximum Drawdown | 9.01 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 3.41 |
Louisiana Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Louisiana Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Louisiana Pacific's standard deviation. In reality, there are many statistical measures that can use Louisiana Pacific historical prices to predict the future Louisiana Pacific's volatility.| Risk Adjusted Performance | 0.2315 | |||
| Jensen Alpha | 0.3534 | |||
| Total Risk Alpha | 0.2759 | |||
| Sortino Ratio | 0.2752 | |||
| Treynor Ratio | 0.3782 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Louisiana Pacific's 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.
Louisiana Pacific Backtested Returns
Louisiana Pacific appears to be very steady, given 3 months investment horizon. Louisiana Pacific has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Louisiana Pacific, which you can use to evaluate the volatility of the firm. Please exercise Louisiana Pacific's Mean Deviation of 1.34, risk adjusted performance of 0.2315, and Downside Deviation of 1.36 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Louisiana Pacific holds a performance score of 21. The company secures a Beta (Market Risk) of 1.22, 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, Louisiana Pacific will likely underperform. Please check Louisiana Pacific's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Louisiana Pacific's current price movements will revert.
Auto-correlation | 0.35 |
Below average predictability
Louisiana Pacific has below average predictability. Overlapping area represents the amount of predictability between Louisiana Pacific time series from 8th of September 2024 to 23rd of September 2024 and 23rd of September 2024 to 8th of October 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 Louisiana Pacific price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Louisiana Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Louisiana Pacific lagged returns against current returns
Autocorrelation, which is Louisiana Pacific 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 Louisiana Pacific's stock expected returns. We can calculate the autocorrelation of Louisiana Pacific returns to help us make a trade decision. For example, suppose you find that Louisiana Pacific 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 |
Louisiana Pacific 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 Louisiana Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Louisiana Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Louisiana Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Louisiana Pacific Lagged Returns
When evaluating Louisiana Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Louisiana Pacific stock have on its future price. Louisiana Pacific 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, Louisiana Pacific autocorrelation shows the relationship between Louisiana Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Louisiana Pacific.
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.Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to measure Louisiana Pacific's 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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.