Logility Stock Market Value
| LGTY Stock | 11.29 0.01 0.09% |
| Symbol | Logility |
Logility Price To Book Ratio
Is Business Services 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 Logility. If investors know Logility 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 Logility 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 (0.25) | Earnings Share 0.3 | Revenue Per Share 3.071 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0168 |
The market value of Logility is measured differently than its book value, which is the value of Logility that is recorded on the company's balance sheet. Investors also form their own opinion of Logility's value that differs from its market value or its book value, called intrinsic value, which is Logility'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 Logility's market value can be influenced by many factors that don't directly affect Logility'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 Logility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logility'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.
Logility '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 Logility'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 Logility.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Logility on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Logility or generate 0.0% return on investment in Logility over 180 days. Logility is related to or competes with Unity Software, Daily Journal, C3 Ai, A2Z Smart, Blackline, Dynatrace Holdings, and DoubleVerify Holdings. Logility is entity of United States. It is traded as Stock on NASDAQ exchange. More
Logility 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 Logility'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 Logility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.0267 | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.33 |
Logility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logility's standard deviation. In reality, there are many statistical measures that can use Logility historical prices to predict the future Logility's volatility.| Risk Adjusted Performance | 0.0379 | |||
| Jensen Alpha | 0.1002 | |||
| Total Risk Alpha | 0.0191 | |||
| Sortino Ratio | 0.0228 | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Logility'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.
Logility Backtested Returns
At this stage we consider Logility Stock to be not too volatile. Logility has Sharpe Ratio of 0.0247, which conveys that the firm had a 0.0247% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Logility, which you can use to evaluate the volatility of the firm. Please verify Logility's Risk Adjusted Performance of 0.0379, mean deviation of 1.78, and Downside Deviation of 3.13 to check out if the risk estimate we provide is consistent with the expected return of 0.0676%. Logility has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Logility are expected to decrease at a much lower rate. During the bear market, Logility is likely to outperform the market. Logility right now secures a risk of 2.73%. Please verify Logility sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Logility will be following its current price movements.
Auto-correlation | 0.23 |
Weak predictability
Logility has weak predictability. Overlapping area represents the amount of predictability between Logility time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Logility price movement. The serial correlation of 0.23 indicates that over 23.0% of current Logility price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Logility lagged returns against current returns
Autocorrelation, which is Logility 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 Logility's stock expected returns. We can calculate the autocorrelation of Logility returns to help us make a trade decision. For example, suppose you find that Logility 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 |
Logility 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 Logility stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logility stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logility stock over time.
Current vs Lagged Prices |
| Timeline |
Logility Lagged Returns
When evaluating Logility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logility stock have on its future price. Logility 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, Logility autocorrelation shows the relationship between Logility stock current value and its past values and can show if there is a momentum factor associated with investing in Logility.
Regressed Prices |
| Timeline |
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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.Additional Tools for Logility Stock Analysis
When running Logility's price analysis, check to measure Logility'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 Logility is operating at the current time. Most of Logility's value examination focuses on studying past and present price action to predict the probability of Logility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logility's price. Additionally, you may evaluate how the addition of Logility to your portfolios can decrease your overall portfolio volatility.