Lithia Motors Stock Market Value
| LAD Stock | USD 260.94 0.62 0.24% |
| Symbol | Lithia |
Lithia Motors Price To Book Ratio
Is Lithia Motors' 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 Lithia Motors. If investors know Lithia 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 Lithia Motors 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 (0.14) | Dividend Share 2 | Earnings Share 36.28 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.105 |
The market value of Lithia Motors is measured differently than its book value, which is the value of Lithia that is recorded on the company's balance sheet. Investors also form their own opinion of Lithia Motors' value that differs from its market value or its book value, called intrinsic value, which is Lithia Motors' 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 Lithia Motors' market value can be influenced by many factors that don't directly affect Lithia Motors' 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 Lithia Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithia Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithia Motors' 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.
Lithia Motors '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 Lithia Motors' 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 Lithia Motors.
| 03/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in Lithia Motors on March 18, 2024 and sell it all today you would earn a total of 0.00 from holding Lithia Motors or generate 0.0% return on investment in Lithia Motors over 30 days. Lithia Motors is related to or competes with Cazoo, U Power, SunCar Technology, and Jiuzi Holdings. Lithia Motors, Inc. operates as an automotive retailer in the United States More
Lithia Motors 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 Lithia Motors' 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 Lithia Motors upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.97 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.38 |
Lithia Motors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithia Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithia Motors' standard deviation. In reality, there are many statistical measures that can use Lithia Motors historical prices to predict the future Lithia Motors' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lithia Motors' 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.
Lithia Motors Backtested Returns
Lithia Motors has Sharpe Ratio of -0.0829, which conveys that the firm had a -0.0829% return per unit of risk over the last 3 months. Lithia Motors exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithia Motors' Risk Adjusted Performance of (0.03), standard deviation of 1.91, and Mean Deviation of 1.49 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lithia Motors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lithia Motors is expected to be smaller as well. Lithia Motors has an expected return of -0.16%. Please make sure to verify Lithia Motors daily balance of power, and the relationship between the skewness and day typical price , to decide if Lithia Motors performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Lithia Motors has poor reverse predictability. Overlapping area represents the amount of predictability between Lithia Motors time series from 18th of March 2024 to 2nd of April 2024 and 2nd of April 2024 to 17th 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 Lithia Motors price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Lithia Motors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 84.42 |
Lithia Motors lagged returns against current returns
Autocorrelation, which is Lithia Motors 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 Lithia Motors' stock expected returns. We can calculate the autocorrelation of Lithia Motors returns to help us make a trade decision. For example, suppose you find that Lithia Motors 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 |
Lithia Motors 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 Lithia Motors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithia Motors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithia Motors stock over time.
Current vs Lagged Prices |
| Timeline |
Lithia Motors Lagged Returns
When evaluating Lithia Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithia Motors stock have on its future price. Lithia Motors 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, Lithia Motors autocorrelation shows the relationship between Lithia Motors stock current value and its past values and can show if there is a momentum factor associated with investing in Lithia Motors.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Lithia Motors Correlation, Lithia Motors Volatility and Lithia Motors Alpha and Beta module to complement your research on Lithia Motors. For information on how to trade Lithia Stock refer to our How to Trade Lithia Stock guide.Note that the Lithia Motors information on this page should be used as a complementary analysis to other Lithia Motors' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Lithia Stock analysis
When running Lithia Motors' price analysis, check to measure Lithia Motors' 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 Lithia Motors is operating at the current time. Most of Lithia Motors' value examination focuses on studying past and present price action to predict the probability of Lithia Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithia Motors' price. Additionally, you may evaluate how the addition of Lithia Motors to your portfolios can decrease your overall portfolio volatility.
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Lithia Motors 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.