Lakeland Industries Stock Market Value
| LAKE Stock | USD 22.43 0.21 0.93% |
| Symbol | Lakeland |
Lakeland Industries Price To Book Ratio
Is Apparel, Accessories & Luxury Goods space 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 Lakeland Industries. If investors know Lakeland 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 Lakeland Industries 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 0.222 | Dividend Share 0.12 | Earnings Share 0.26 | Revenue Per Share 18.695 | Quarterly Revenue Growth 0.165 |
The market value of Lakeland Industries is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Industries' value that differs from its market value or its book value, called intrinsic value, which is Lakeland Industries' 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 Lakeland Industries' market value can be influenced by many factors that don't directly affect Lakeland Industries' 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 Lakeland Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Industries' 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.
Lakeland Industries '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 Lakeland Industries' 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 Lakeland Industries.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Lakeland Industries on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Lakeland Industries or generate 0.0% return on investment in Lakeland Industries over 360 days. Lakeland Industries is related to or competes with Vince Holding, Oxford Industries, Gildan Activewear, Columbia Sportswear, Kontoor Brands, Superior Uniform, and Jerash Holdings. Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and p... More
Lakeland Industries 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 Lakeland Industries' 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 Lakeland Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 4.5 |
Lakeland Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lakeland Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lakeland Industries' standard deviation. In reality, there are many statistical measures that can use Lakeland Industries historical prices to predict the future Lakeland Industries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.12) |
Lakeland Industries Backtested Returns
Lakeland Industries has Sharpe Ratio of -0.0212, which conveys that the firm had a -0.0212% return per unit of risk over the last 3 months. Lakeland Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lakeland Industries' Standard Deviation of 2.57, risk adjusted performance of (0.01), and Mean Deviation of 1.84 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.55, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lakeland Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lakeland Industries is expected to be smaller as well. At this point, Lakeland Industries has a negative expected return of -0.0551%. Please make sure to verify Lakeland Industries' maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Lakeland Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Lakeland Industries has poor predictability. Overlapping area represents the amount of predictability between Lakeland Industries time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 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 Lakeland Industries price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Lakeland Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 2.58 |
Lakeland Industries lagged returns against current returns
Autocorrelation, which is Lakeland Industries 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 Lakeland Industries' stock expected returns. We can calculate the autocorrelation of Lakeland Industries returns to help us make a trade decision. For example, suppose you find that Lakeland Industries 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 |
Lakeland Industries 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 Lakeland Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lakeland Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lakeland Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Lakeland Industries Lagged Returns
When evaluating Lakeland Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lakeland Industries stock have on its future price. Lakeland Industries 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, Lakeland Industries autocorrelation shows the relationship between Lakeland Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Lakeland Industries.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lakeland Industries is a strong investment it is important to analyze Lakeland Industries' 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 Lakeland Industries' future performance. For an informed investment choice regarding Lakeland Stock, refer to the following important reports:Check out Lakeland Industries Correlation, Lakeland Industries Volatility and Lakeland Industries Alpha and Beta module to complement your research on Lakeland Industries. For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Lakeland Industries 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.