Lb Foster Stock Market Value

FSTR Stock  USD 24.37  0.42  1.69%   
LB Foster's market value is the price at which a share of LB Foster trades on a public exchange. It measures the collective expectations of LB Foster investors about its performance. LB Foster is selling at 24.37 as of the 19th of April 2024; that is -1.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 24.31.
With this module, you can estimate the performance of a buy and hold strategy of LB Foster and determine expected loss or profit from investing in LB Foster over a given investment horizon. Check out LB Foster Correlation, LB Foster Volatility and LB Foster Alpha and Beta module to complement your research on LB Foster.
To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.
Symbol

LB Foster Price To Book Ratio

Is LB Foster'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 LB Foster. If investors know FSTR 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 LB Foster 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
0.778
Earnings Share
0.13
Revenue Per Share
50.351
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0186
The market value of LB Foster is measured differently than its book value, which is the value of FSTR that is recorded on the company's balance sheet. Investors also form their own opinion of LB Foster's value that differs from its market value or its book value, called intrinsic value, which is LB Foster'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 LB Foster's market value can be influenced by many factors that don't directly affect LB Foster'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 LB Foster's value and its price as these two are different measures arrived at by different means. Investors typically determine if LB Foster is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LB Foster'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.

LB Foster '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 LB Foster'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 LB Foster.
0.00
03/20/2024
No Change 0.00  0.0 
In 31 days
04/19/2024
0.00
If you would invest  0.00  in LB Foster on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding LB Foster or generate 0.0% return on investment in LB Foster over 30 days. LB Foster is related to or competes with Ayala, Alliance Global, Steel Partners, Griffon, Matthews International, and Mammoth Energy. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects w... More

LB Foster 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 LB Foster'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 LB Foster upside and downside potential and time the market with a certain degree of confidence.

LB Foster Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for LB Foster's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LB Foster's standard deviation. In reality, there are many statistical measures that can use LB Foster historical prices to predict the future LB Foster's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LB Foster'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.
Hype
Prediction
LowEstimatedHigh
22.2924.3426.39
Details
Intrinsic
Valuation
LowRealHigh
20.2522.3026.81
Details
Naive
Forecast
LowNextHigh
20.0922.1324.18
Details
2 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LB Foster. Your research has to be compared to or analyzed against LB Foster's peers to derive any actionable benefits. When done correctly, LB Foster's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LB Foster.

LB Foster Backtested Returns

We consider LB Foster very steady. LB Foster retains Efficiency (Sharpe Ratio) of 0.0298, which conveys that the company had a 0.0298% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LB Foster, which you can use to evaluate the volatility of the entity. Please verify LB Foster's Market Risk Adjusted Performance of 0.1399, mean deviation of 1.6, and Standard Deviation of 2.14 to check out if the risk estimate we provide is consistent with the expected return of 0.061%. LB Foster has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.74, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LB Foster's returns are expected to increase less than the market. However, during the bear market, the loss of holding LB Foster is expected to be smaller as well. LB Foster today owns a risk of 2.05%. Please verify LB Foster value at risk, and the relationship between the standard deviation and kurtosis , to decide if LB Foster will be following its current price history.

Auto-correlation

    
  -0.61  

Very good reverse predictability

LB Foster has very good reverse predictability. Overlapping area represents the amount of predictability between LB Foster 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 LB Foster price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current LB Foster price fluctuation can be explain by its past prices.
Correlation Coefficient-0.61
Spearman Rank Test-0.51
Residual Average0.0
Price Variance0.94

LB Foster lagged returns against current returns

Autocorrelation, which is LB Foster 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 LB Foster's stock expected returns. We can calculate the autocorrelation of LB Foster returns to help us make a trade decision. For example, suppose you find that LB Foster 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  

LB Foster 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 LB Foster stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LB Foster stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LB Foster stock over time.
   Current vs Lagged Prices   
       Timeline  

LB Foster Lagged Returns

When evaluating LB Foster's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LB Foster stock have on its future price. LB Foster 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, LB Foster autocorrelation shows the relationship between LB Foster stock current value and its past values and can show if there is a momentum factor associated with investing in LB Foster.
   Regressed Prices   
       Timeline  

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 LB Foster 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, LB Foster's short interest history, or implied volatility extrapolated from LB Foster options trading.

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When determining whether LB Foster is a strong investment it is important to analyze LB Foster's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LB Foster's future performance. For an informed investment choice regarding FSTR Stock, refer to the following important reports:
Check out LB Foster Correlation, LB Foster Volatility and LB Foster Alpha and Beta module to complement your research on LB Foster.
To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running LB Foster's price analysis, check to measure LB Foster'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 LB Foster is operating at the current time. Most of LB Foster's value examination focuses on studying past and present price action to predict the probability of LB Foster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LB Foster's price. Additionally, you may evaluate how the addition of LB Foster to your portfolios can decrease your overall portfolio volatility.
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LB Foster 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.
A focus of LB Foster technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LB Foster trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...