Lamar Advertising Stock Market Value
| LAMR Stock | USD 114.64 0.93 0.82% |
| Symbol | Lamar |
Lamar Advertising Price To Book Ratio
Is Lamar Advertising'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 Lamar Advertising. If investors know Lamar 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 Lamar Advertising 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 1.249 | Dividend Share 5 | Earnings Share 4.85 | Revenue Per Share 20.748 | Quarterly Revenue Growth 0.039 |
The market value of Lamar Advertising is measured differently than its book value, which is the value of Lamar that is recorded on the company's balance sheet. Investors also form their own opinion of Lamar Advertising's value that differs from its market value or its book value, called intrinsic value, which is Lamar Advertising'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 Lamar Advertising's market value can be influenced by many factors that don't directly affect Lamar Advertising'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 Lamar Advertising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lamar Advertising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lamar Advertising'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.
Lamar Advertising '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 Lamar Advertising'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 Lamar Advertising.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Lamar Advertising on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Lamar Advertising or generate 0.0% return on investment in Lamar Advertising over 30 days. Lamar Advertising is related to or competes with Rayonier, Gaming Leisure, EPR Properties, AFC Gamma, Weyerhaeuser, Farmland Partners, and Gladstone Land. Founded in 1902, Lamar Advertising is one of the largest outdoor advertising companies in North America, with over 352,0... More
Lamar Advertising 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 Lamar Advertising'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 Lamar Advertising upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0539 | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.17 |
Lamar Advertising Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lamar Advertising's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lamar Advertising's standard deviation. In reality, there are many statistical measures that can use Lamar Advertising historical prices to predict the future Lamar Advertising's volatility.| Risk Adjusted Performance | 0.0758 | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0522 | |||
| Treynor Ratio | 0.096 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lamar Advertising'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.
Lamar Advertising Backtested Returns
We consider Lamar Advertising very steady. Lamar Advertising has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lamar Advertising, which you can use to evaluate the volatility of the firm. Please verify Lamar Advertising's Mean Deviation of 1.08, downside deviation of 1.54, and Risk Adjusted Performance of 0.0758 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Lamar Advertising has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.67, 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, Lamar Advertising will likely underperform. Lamar Advertising right now secures a risk of 1.51%. Please verify Lamar Advertising semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Lamar Advertising will be following its current price movements.
Auto-correlation | 0.29 |
Poor predictability
Lamar Advertising has poor predictability. Overlapping area represents the amount of predictability between Lamar Advertising time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Lamar Advertising price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Lamar Advertising price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.84 |
Lamar Advertising lagged returns against current returns
Autocorrelation, which is Lamar Advertising 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 Lamar Advertising's stock expected returns. We can calculate the autocorrelation of Lamar Advertising returns to help us make a trade decision. For example, suppose you find that Lamar Advertising 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 |
Lamar Advertising 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 Lamar Advertising stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lamar Advertising stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lamar Advertising stock over time.
Current vs Lagged Prices |
| Timeline |
Lamar Advertising Lagged Returns
When evaluating Lamar Advertising's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lamar Advertising stock have on its future price. Lamar Advertising 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, Lamar Advertising autocorrelation shows the relationship between Lamar Advertising stock current value and its past values and can show if there is a momentum factor associated with investing in Lamar Advertising.
Regressed Prices |
| Timeline |
Lamar Advertising Investors Sentiment
The influence of Lamar Advertising'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 Lamar. 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 Lamar Advertising's public news can be used to forecast risks associated with an investment in Lamar. The trend in average sentiment can be used to explain how an investor holding Lamar can time the market purely based on public headlines and social activities around Lamar Advertising. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lamar Advertising'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 Lamar Advertising'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 Lamar Advertising's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lamar Advertising.
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 Lamar Advertising 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, Lamar Advertising's short interest history, or implied volatility extrapolated from Lamar Advertising options trading.
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Try AI Portfolio ArchitectCheck out Lamar Advertising Correlation, Lamar Advertising Volatility and Lamar Advertising Alpha and Beta module to complement your research on Lamar Advertising. To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Lamar Stock analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.
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Lamar Advertising 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.