Lear Corporation Stock Market Value
| LEA Stock | USD 131.16 0.71 0.54% |
| Symbol | Lear |
Lear Price To Book Ratio
Is Lear's 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 Lear. If investors know Lear 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 Lear 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 0.103 | Dividend Share 3.08 | Earnings Share 9.68 | Revenue Per Share 398.891 | Quarterly Revenue Growth 0.088 |
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear'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 Lear's market value can be influenced by many factors that don't directly affect Lear'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 Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear'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.
Lear '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 Lear'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 Lear.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Lear on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Lear Corporation or generate 0.0% return on investment in Lear over 30 days. Lear is related to or competes with EVgo Equity, and Xos. Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical ... More
Lear 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 Lear'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 Lear Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.1 |
Lear Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lear's standard deviation. In reality, there are many statistical measures that can use Lear historical prices to predict the future Lear's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lear'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.
Lear Backtested Returns
We consider Lear very steady. Lear has Sharpe Ratio of 0.0167, which conveys that the firm had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Lear, which you can use to evaluate the volatility of the firm. Please verify Lear's Mean Deviation of 1.03, standard deviation of 1.37, and Risk Adjusted Performance of 9.0E-4 to check out if the risk estimate we provide is consistent with the expected return of 0.0231%. Lear has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.6, 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, Lear will likely underperform. Lear right now secures a risk of 1.39%. Please verify Lear Corporation coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Lear Corporation will be following its current price movements.
Auto-correlation | 0.49 |
Average predictability
Lear Corporation has average predictability. Overlapping area represents the amount of predictability between Lear time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Lear price movement. The serial correlation of 0.49 indicates that about 49.0% of current Lear price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 19.98 |
Lear lagged returns against current returns
Autocorrelation, which is Lear 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 Lear's stock expected returns. We can calculate the autocorrelation of Lear returns to help us make a trade decision. For example, suppose you find that Lear 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 |
Lear 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 Lear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lear stock over time.
Current vs Lagged Prices |
| Timeline |
Lear Lagged Returns
When evaluating Lear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lear stock have on its future price. Lear 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, Lear autocorrelation shows the relationship between Lear stock current value and its past values and can show if there is a momentum factor associated with investing in Lear Corporation.
Regressed Prices |
| Timeline |
Lear Investors Sentiment
The influence of Lear's 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 Lear. 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 Lear's public news can be used to forecast risks associated with an investment in Lear. The trend in average sentiment can be used to explain how an investor holding Lear can time the market purely based on public headlines and social activities around Lear Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lear's 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 Lear's 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 Lear's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lear.
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 Lear 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, Lear's short interest history, or implied volatility extrapolated from Lear options trading.
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Try AI Portfolio ArchitectCheck out Lear Correlation, Lear Volatility and Lear Alpha and Beta module to complement your research on Lear. Note that the Lear information on this page should be used as a complementary analysis to other Lear's 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Lear Stock analysis
When running Lear's price analysis, check to measure Lear'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 Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.
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| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
Lear 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.