Lenovo OTC Stock Performance

LNVGF -  USA Stock  

USD 1.03  0.02  1.98%

Lenovo has performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.124, which conveys not very significant fluctuations relative to the market. 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 0.14% will be sustainable into the future. Lenovo Group right now secures a risk of 3.56%. Please verify Lenovo Group kurtosis, day median price, as well as the relationship between the downside variance and treynor ratio to decide if Lenovo Group will be following its current price movements.

Lenovo O TC Stock Performance 

 
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Lenovo Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Lenovo Group are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sluggish technical and fundamental indicators, Lenovo may actually be approaching a critical reversion point that can send shares even higher in January 2022. ...more

Lenovo Price Channel

Quick Ratio0.56
Fifty Two Week Low0.7000
Payout Ratio7.97%
Fifty Two Week High1.5000
Trailing Annual Dividend Yield3.55%

Lenovo Relative Risk vs. Return Landscape

If you would invest  98.00  in Lenovo Group on September 4, 2021 and sell it today you would earn a total of  5.00  from holding Lenovo Group or generate 5.1% return on investment over 90 days. Lenovo Group is currently producing 0.1422% returns and takes up 3.5575% volatility of returns over 90 trading days. Put another way, 30% of traded otc stocks are less volatile than Lenovo, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Lenovo is expected to generate 4.24 times more return on investment than the market. However, the company is 4.24 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

Lenovo Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lenovo's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Lenovo Group, and traders can use it to determine the average amount a Lenovo's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.04

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Estimated Market Risk
 3.56
  actual daily
 
 30 %
of total potential
 
3030
Expected Return
 0.14
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 2 %
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22
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 0.04
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 2 %
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22
Based on monthly moving average Lenovo is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lenovo by adding it to a well-diversified portfolio.

About Lenovo Performance

To evaluate Lenovo Group OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Lenovo generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Lenovo OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Lenovo Group stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Lenovo's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group and Data Center Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations and a family of mobile Internet devices, including tablets and smartphones. It also provides laptops, desktops, phones, accessories, monitors, data center solutions, systems, software, server and storage products, networking products, and replacement parts. In addition, the company manufactures and distributes IT products, computers, computer hardware, and peripheral equipment and offers IT, business planning, management, supply chain, finance, administration support, procurement agency, data management, intellectual property, investment management, and computer hardware and software systems repair services. Further, it is involved in the retail and service business for consumer electronic products and related digital services and development, ownership, licensing, and sale of communications hardware and software. The company operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo Group Limited was founded in 1984 and is based in Quarry Bay, Hong Kong.

Things to note about Lenovo Group

Checking the ongoing alerts about Lenovo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lenovo Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Lenovo Alerts

Equity Alerts and Improvement Suggestions

Lenovo Group has some characteristics of a very speculative penny stock
Lenovo Group has very high historical volatility over the last 90 days
The company has accumulated 4.45 B in total debt with debt to equity ratio (D/E) of 1.07, which is about average as compared to similar companies. Lenovo Group has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
About 44.0% of Lenovo outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: Luminar Tech, Tutor Perini, Lenovo, HP and Apple highlighted as Zacks Bull and Bear of the Day - Yahoo Finance
Additionally, see Stocks Correlation. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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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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.