Lci Industries Stock Market Value
| LCII Stock | USD 120.81 0.54 0.44% |
| Symbol | LCI |
LCI Industries Price To Book Ratio
Is Automotive Parts & Equipment 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 LCI Industries. If investors know LCI 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 LCI 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 0.363 | Dividend Share 4.2 | Earnings Share 5.13 | Revenue Per Share 148.575 | Quarterly Revenue Growth (0.05) |
The market value of LCI Industries is measured differently than its book value, which is the value of LCI that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI 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 LCI Industries' market value can be influenced by many factors that don't directly affect LCI 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 LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LCI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI 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.
LCI 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 LCI 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 LCI Industries.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in LCI Industries on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding LCI Industries or generate 0.0% return on investment in LCI Industries over 360 days. LCI Industries is related to or competes with MCBC Holdings, BRP, Malibu Boats, Winnebago Industries, Brunswick, Polaris Industries, and Marine Products. LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreation... More
LCI 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 LCI 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 LCI Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.85 |
LCI Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LCI Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LCI Industries' standard deviation. In reality, there are many statistical measures that can use LCI Industries historical prices to predict the future LCI Industries' volatility.| Risk Adjusted Performance | 0.0351 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0371 |
LCI Industries Backtested Returns
LCI Industries is very steady at the moment. LCI Industries has Sharpe Ratio of 0.0573, which conveys that the company had a 0.0573% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for LCI Industries, which you can use to evaluate the volatility of the entity. Please verify LCI Industries' Semi Deviation of 2.09, downside deviation of 2.15, and Mean Deviation of 1.66 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. LCI Industries has a performance score of 4 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 1.86, 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, LCI Industries will likely underperform. LCI Industries now secures a risk of 2.1%. Please verify LCI Industries total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if LCI Industries will be following its current price movements.
Auto-correlation | -0.47 |
Modest reverse predictability
LCI Industries has modest reverse predictability. Overlapping area represents the amount of predictability between LCI Industries time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 LCI Industries price movement. The serial correlation of -0.47 indicates that about 47.0% of current LCI Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 49.41 |
LCI Industries lagged returns against current returns
Autocorrelation, which is LCI 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 LCI Industries' stock expected returns. We can calculate the autocorrelation of LCI Industries returns to help us make a trade decision. For example, suppose you find that LCI 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 |
LCI 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 LCI Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LCI Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LCI Industries stock over time.
Current vs Lagged Prices |
| Timeline |
LCI Industries Lagged Returns
When evaluating LCI Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LCI Industries stock have on its future price. LCI 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, LCI Industries autocorrelation shows the relationship between LCI Industries stock current value and its past values and can show if there is a momentum factor associated with investing in LCI Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether LCI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lci Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lci Industries Stock:Check out LCI Industries Correlation, LCI Industries Volatility and LCI Industries Alpha and Beta module to complement your research on LCI Industries. For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
LCI 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.