Lenovo OTC Stock Market Value

LNVGY -  USA Stock  

USD 21.21  0.26  1.21%

Lenovo's market value is the price at which a share of Lenovo stock trades on a public exchange. It measures the collective expectations of Lenovo Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Lenovo Group and determine expected loss or profit from investing in Lenovo over a given investment horizon. Additionally, see Lenovo Hype Analysis, Lenovo Correlation, Lenovo Valuation, Lenovo Volatility, as well as analyze Lenovo Alpha and Beta and Lenovo Performance.
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Is Lenovo'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 Lenovo. If investors know Lenovo 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 Lenovo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lenovo Group is measured differently than its book value, which is the value of Lenovo that is recorded on the company's balance sheet. Investors also form their own opinion of Lenovo's value that differs from its market value or its book value, called intrinsic value, which is Lenovo'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 Lenovo's market value can be influenced by many factors that don't directly affect Lenovo'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 Lenovo's value and its price as these two are different measures arrived at by different means. Investors typically determine Lenovo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lenovo'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.

Lenovo '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 Lenovo's otc 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 Lenovo.
0.00
07/05/2020
No Change 0.00  0.0 
In 1 year 6 months and 25 days
01/26/2022
0.00
If you would invest  0.00  in Lenovo on July 5, 2020 and sell it all today you would earn a total of 0.00 from holding Lenovo Group or generate 0.0% return on investment in Lenovo over 570 days. Lenovo is related to or competes with Dell Technologies, HP, Arista Networks, Canon Inc, Seagate Technology, NetApp, and Western Digital. Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and service...

Lenovo 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 Lenovo's otc 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 Lenovo Group upside and downside potential and time the market with a certain degree of confidence.

Lenovo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lenovo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lenovo's standard deviation. In reality, there are many statistical measures that can use Lenovo historical prices to predict the future Lenovo's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Lenovo'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. Please use the tools below to analyze the current value of Lenovo in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
19.6421.6623.68
Details
Intrinsic
Valuation
LowReal ValueHigh
14.7116.7323.84
Details
Naive
Forecast
LowNext ValueHigh
19.1621.1823.21
Details
2 Analysts
Consensus
LowTarget PriceHigh
11.9011.9011.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lenovo. Your research has to be compared to or analyzed against Lenovo's peers to derive any actionable benefits. When done correctly, Lenovo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Lenovo Group.

Lenovo Group Backtested Returns

We consider Lenovo not too volatile. Lenovo Group has Sharpe Ratio of 0.0184, which conveys that the firm had 0.0184% of return per unit of risk over the last 3 months. Our standpoint towards estimating the 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-eight technical indicators for Lenovo, which you can use to evaluate the future volatility of the firm. Please verify Lenovo Group Downside Deviation of 2.11, risk adjusted performance of 0.0392, and Mean Deviation of 1.47 to check out if the risk estimate we provide is consistent with the expected return of 0.0374%.
Lenovo has performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4334, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Lenovo's beta means in this case. As returns on the market increase, Lenovo returns are expected to increase less than the market. However, during the bear market, the loss on holding Lenovo will be expected to be smaller as well. Although it is extremely important to respect Lenovo Group price patterns, it is better to be realistic regarding the information on 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 Lenovo Group technical indicators, you can presently evaluate if the expected return of 0.0374% will be sustainable into the future. Lenovo Group right now secures a risk of 2.03%. Please verify Lenovo Group value at risk, as well as the relationship between the kurtosis and market facilitation index to decide if Lenovo Group will be following its current price movements.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.16)   

Insignificant reverse predictability

Lenovo Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Lenovo time series from 5th of July 2020 to 16th of April 2021 and 16th of April 2021 to 26th of January 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lenovo Group price movement. The serial correlation of -0.16 indicates that over 16.0% of current Lenovo price fluctuation can be explain by its past prices. Given that Lenovo Group has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Lenovo for similar time interval.
Correlation Coefficient-0.16
Spearman Rank Test-0.23
Residual Average0.0
Price Variance4.5

Lenovo Group lagged returns against current returns

Autocorrelation, which is Lenovo otc 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 Lenovo's otc stock expected returns. We can calculate the autocorrelation of Lenovo returns to help us make a trade decision. For example, suppose you find that Lenovo otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Lenovo 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 Lenovo otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lenovo otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lenovo otc stock over time.
 Current vs Lagged Prices 
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Lenovo Lagged Returns

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

Lenovo Investors Sentiment

The influence of Lenovo'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 Lenovo. 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 markets does not have a solid backing from leading economists and market statisticians.
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 Lenovo 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, Lenovo's short interest history, or implied volatility extrapolated from Lenovo options trading.

Current Sentiment - LNVGY

Lenovo Group Investor Sentiment

Most of Macroaxis users are now bullish on Lenovo Group. What is your trading attitude regarding investing in Lenovo Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, see Lenovo Hype Analysis, Lenovo Correlation, Lenovo Valuation, Lenovo Volatility, as well as analyze Lenovo Alpha and Beta and Lenovo Performance. Note that the Lenovo Group information on this page should be used as a complementary analysis to other Lenovo'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Lenovo OTC Stock analysis

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