Macroaxis considers Lam Research very steady given 3 months investment horizon. Lam Research
has Sharpe Ratio of 0.2187 which conveys that the firm had 0.2187% of return per unit of risk over the last 3 months. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Lam Research which you can use to evaluate future volatility of the firm. Please exercise Lam Research Corporation Mean Deviation
of 1.44, Risk Adjusted Performance
of 0.1861 and Downside Deviation
of 2.49 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Lam Research holds performance score of 14. The company secures Beta (Market Risk) of -0.1755 which conveys that as returns on market increase, returns on owning Lam Research are expected to decrease at a much smaller rate. During bear market, Lam Research is likely to outperform the market. Although it is vital to follow to Lam Research price patterns
, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns
. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Lam Research technical indicators
you can presently evaluate if the expected return of 0.4444% will be sustainable into the future. Please exercises Lam Research Corporation Coefficient Of Variation
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Skewness
to make a quick decision on weather Lam Research current price movements will revert.
Lam Research Corporation has excellent predictability. Overlapping area represents the amount of predictability between Lam Research time series from June 18, 2019 to August 2, 2019 and August 2, 2019 to September 16, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lam Research price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Lam Research price fluctuation can be explain by its past prices.