Lyondellbasell Industries Nv Stock Market Value
| LYB Stock | USD 100.14 0.04 0.04% |
| Symbol | LyondellBasell |
LyondellBasell Industries Price To Book Ratio
Is LyondellBasell Industries' 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 LyondellBasell Industries. If investors know LyondellBasell 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 LyondellBasell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 5 | Earnings Share 6.48 | Revenue Per Share 125.589 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0562 |
The market value of LyondellBasell Industries is measured differently than its book value, which is the value of LyondellBasell that is recorded on the company's balance sheet. Investors also form their own opinion of LyondellBasell Industries' value that differs from its market value or its book value, called intrinsic value, which is LyondellBasell Industries' 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 LyondellBasell Industries' market value can be influenced by many factors that don't directly affect LyondellBasell Industries' 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 LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell Industries' 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.
LyondellBasell Industries '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 LyondellBasell Industries' 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 LyondellBasell Industries.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in LyondellBasell Industries on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding LyondellBasell Industries NV or generate 0.0% return on investment in LyondellBasell Industries over 30 days. LyondellBasell Industries is related to or competes with Ulta Beauty, Spring Valley, Deutsche Floating, Ubiquiti Networks, Pono Capital, MediaAlpha, and Merck. LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, Fran... More
LyondellBasell Industries 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 LyondellBasell Industries' 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 LyondellBasell Industries NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8558 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 2.07 |
LyondellBasell Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LyondellBasell Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LyondellBasell Industries' standard deviation. In reality, there are many statistical measures that can use LyondellBasell Industries historical prices to predict the future LyondellBasell Industries' volatility.| Risk Adjusted Performance | 0.0381 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0761 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LyondellBasell Industries' 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.
LyondellBasell Industries Backtested Returns
We consider LyondellBasell Industries very steady. LyondellBasell Industries has Sharpe Ratio of 0.0524, which conveys that the firm had a 0.0524% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for LyondellBasell Industries, which you can use to evaluate the volatility of the firm. Please verify LyondellBasell Industries' Downside Deviation of 0.8558, risk adjusted performance of 0.0381, and Mean Deviation of 0.8401 to check out if the risk estimate we provide is consistent with the expected return of 0.055%. LyondellBasell Industries has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LyondellBasell Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding LyondellBasell Industries is expected to be smaller as well. LyondellBasell Industries right now secures a risk of 1.05%. Please verify LyondellBasell Industries NV treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to decide if LyondellBasell Industries NV will be following its current price movements.
Auto-correlation | 0.58 |
Modest predictability
LyondellBasell Industries NV has modest predictability. Overlapping area represents the amount of predictability between LyondellBasell Industries time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 LyondellBasell Industries price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current LyondellBasell Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
LyondellBasell Industries lagged returns against current returns
Autocorrelation, which is LyondellBasell Industries 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 LyondellBasell Industries' stock expected returns. We can calculate the autocorrelation of LyondellBasell Industries returns to help us make a trade decision. For example, suppose you find that LyondellBasell Industries 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 |
LyondellBasell Industries 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 LyondellBasell Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LyondellBasell Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LyondellBasell Industries stock over time.
Current vs Lagged Prices |
| Timeline |
LyondellBasell Industries Lagged Returns
When evaluating LyondellBasell Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LyondellBasell Industries stock have on its future price. LyondellBasell Industries 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, LyondellBasell Industries autocorrelation shows the relationship between LyondellBasell Industries stock current value and its past values and can show if there is a momentum factor associated with investing in LyondellBasell Industries NV.
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 LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' 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 Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:Check out LyondellBasell Industries Correlation, LyondellBasell Industries Volatility and LyondellBasell Industries Alpha and Beta module to complement your research on LyondellBasell Industries. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for LyondellBasell Stock analysis
When running LyondellBasell Industries' price analysis, check to measure LyondellBasell Industries' 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 LyondellBasell Industries is operating at the current time. Most of LyondellBasell Industries' value examination focuses on studying past and present price action to predict the probability of LyondellBasell Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LyondellBasell Industries' price. Additionally, you may evaluate how the addition of LyondellBasell Industries to your portfolios can decrease your overall portfolio volatility.
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LyondellBasell Industries 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.