Lion Electric Corp Stock Market Value

LEV Stock  USD 1.47  0.08  5.76%   
Lion Electric's market value is the price at which a share of Lion Electric trades on a public exchange. It measures the collective expectations of Lion Electric Corp investors about its performance. Lion Electric is selling for under 1.47 as of the 28th of March 2024; that is 5.76 percent up since the beginning of the trading day. The stock's lowest day price was 1.39.
With this module, you can estimate the performance of a buy and hold strategy of Lion Electric Corp and determine expected loss or profit from investing in Lion Electric over a given investment horizon. Check out Lion Electric Correlation, Lion Electric Volatility and Lion Electric Alpha and Beta module to complement your research on Lion Electric.
Symbol

Lion Electric Corp Price To Book Ratio

Is Lion Electric'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 Lion Electric. If investors know Lion 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 Lion Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.46)
Revenue Per Share
1.13
Quarterly Revenue Growth
0.292
Return On Assets
(0.06)
Return On Equity
(0.26)
The market value of Lion Electric Corp is measured differently than its book value, which is the value of Lion that is recorded on the company's balance sheet. Investors also form their own opinion of Lion Electric's value that differs from its market value or its book value, called intrinsic value, which is Lion Electric'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 Lion Electric's market value can be influenced by many factors that don't directly affect Lion Electric'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 Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric'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.

Lion Electric '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 Lion Electric'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 Lion Electric.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Lion Electric on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lion Electric Corp or generate 0.0% return on investment in Lion Electric over 30 days. Lion Electric is related to or competes with Deere, GreenPower, Manitex International, NikolaCorp, Alamo, Caterpillar, and Lindsay. The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-d... More

Lion Electric 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 Lion Electric'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 Lion Electric Corp upside and downside potential and time the market with a certain degree of confidence.

Lion Electric Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lion Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lion Electric's standard deviation. In reality, there are many statistical measures that can use Lion Electric historical prices to predict the future Lion Electric's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lion Electric'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
0.071.414.63
Details
Intrinsic
Valuation
LowRealHigh
0.102.065.29
Details
Naive
Forecast
LowNextHigh
0.031.614.83
Details
11 Analysts
Consensus
LowTargetHigh
3.493.844.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lion Electric. Your research has to be compared to or analyzed against Lion Electric's peers to derive any actionable benefits. When done correctly, Lion Electric'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 Lion Electric Corp.

Lion Electric Corp Backtested Returns

Lion Electric Corp has Sharpe Ratio of -0.0754, which conveys that the firm had a -0.0754% return per unit of risk over the last 3 months. Lion Electric exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lion Electric's Mean Deviation of 2.47, standard deviation of 3.24, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.5, 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, Lion Electric will likely underperform. Lion Electric Corp has an expected return of -0.25%. Please make sure to verify Lion Electric Corp total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Lion Electric Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.3  

Weak reverse predictability

Lion Electric Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Lion Electric time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Lion Electric Corp price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Lion Electric price fluctuation can be explain by its past prices.
Correlation Coefficient-0.3
Spearman Rank Test-0.62
Residual Average0.0
Price Variance0.01

Lion Electric Corp lagged returns against current returns

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

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

Lion Electric Lagged Returns

When evaluating Lion Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lion Electric stock have on its future price. Lion Electric 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, Lion Electric autocorrelation shows the relationship between Lion Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Lion Electric Corp.
   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 Lion Electric 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, Lion Electric's short interest history, or implied volatility extrapolated from Lion Electric options trading.

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When determining whether Lion Electric Corp is a strong investment it is important to analyze Lion Electric'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 Lion Electric's future performance. For an informed investment choice regarding Lion Stock, refer to the following important reports:
Check out Lion Electric Correlation, Lion Electric Volatility and Lion Electric Alpha and Beta module to complement your research on Lion Electric.
Note that the Lion Electric Corp information on this page should be used as a complementary analysis to other Lion Electric'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Lion Stock analysis

When running Lion Electric's price analysis, check to measure Lion Electric'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 Lion Electric is operating at the current time. Most of Lion Electric's value examination focuses on studying past and present price action to predict the probability of Lion Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Electric's price. Additionally, you may evaluate how the addition of Lion Electric to your portfolios can decrease your overall portfolio volatility.
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Lion Electric 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 Lion Electric technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lion Electric 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...