Lemaitre Vascular Stock Market Value
| LMAT Stock | USD 106.99 1.19 1.12% |
| Symbol | LeMaitre |
LeMaitre Vascular Price To Book Ratio
Is Health Care Equipment & Supplies 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 LeMaitre Vascular. If investors know LeMaitre 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 LeMaitre Vascular 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 0.485 | Dividend Share 0.62 | Earnings Share 1.82 | Revenue Per Share 9.512 | Quarterly Revenue Growth 0.156 |
The market value of LeMaitre Vascular is measured differently than its book value, which is the value of LeMaitre that is recorded on the company's balance sheet. Investors also form their own opinion of LeMaitre Vascular's value that differs from its market value or its book value, called intrinsic value, which is LeMaitre Vascular'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 LeMaitre Vascular's market value can be influenced by many factors that don't directly affect LeMaitre Vascular'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 LeMaitre Vascular's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeMaitre Vascular is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeMaitre Vascular'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.
LeMaitre Vascular '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 LeMaitre Vascular'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 LeMaitre Vascular.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in LeMaitre Vascular on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding LeMaitre Vascular or generate 0.0% return on investment in LeMaitre Vascular over 90 days. LeMaitre Vascular is related to or competes with InfuSystems Holdings, Pro Dex, Utah Medical, Milestone Scientific, Hologic, Haemonetics, and ICU Medical. LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment o... More
LeMaitre Vascular 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 LeMaitre Vascular'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 LeMaitre Vascular upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.0882 | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 3.12 |
LeMaitre Vascular Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LeMaitre Vascular's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LeMaitre Vascular's standard deviation. In reality, there are many statistical measures that can use LeMaitre Vascular historical prices to predict the future LeMaitre Vascular's volatility.| Risk Adjusted Performance | 0.1314 | |||
| Jensen Alpha | 0.1273 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1039 | |||
| Treynor Ratio | 0.2293 |
LeMaitre Vascular Backtested Returns
LeMaitre Vascular appears to be very steady, given 3 months investment horizon. LeMaitre Vascular has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for LeMaitre Vascular, which you can use to evaluate the volatility of the firm. Please exercise LeMaitre Vascular's mean deviation of 1.38, and Risk Adjusted Performance of 0.1314 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LeMaitre Vascular holds a performance score of 14. The company secures a Beta (Market Risk) of 1.25, 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, LeMaitre Vascular will likely underperform. Please check LeMaitre Vascular's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether LeMaitre Vascular's current price movements will revert.
Auto-correlation | 0.79 |
Good predictability
LeMaitre Vascular has good predictability. Overlapping area represents the amount of predictability between LeMaitre Vascular time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 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 LeMaitre Vascular price movement. The serial correlation of 0.79 indicates that around 79.0% of current LeMaitre Vascular price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 58.69 |
LeMaitre Vascular lagged returns against current returns
Autocorrelation, which is LeMaitre Vascular 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 LeMaitre Vascular's stock expected returns. We can calculate the autocorrelation of LeMaitre Vascular returns to help us make a trade decision. For example, suppose you find that LeMaitre Vascular 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 |
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LeMaitre Vascular 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 LeMaitre Vascular stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LeMaitre Vascular stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LeMaitre Vascular stock over time.
Current vs Lagged Prices |
| Timeline |
LeMaitre Vascular Lagged Returns
When evaluating LeMaitre Vascular's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LeMaitre Vascular stock have on its future price. LeMaitre Vascular 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, LeMaitre Vascular autocorrelation shows the relationship between LeMaitre Vascular stock current value and its past values and can show if there is a momentum factor associated with investing in LeMaitre Vascular.
Regressed Prices |
| Timeline |
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Additional Tools for LeMaitre Stock Analysis
When running LeMaitre Vascular's price analysis, check to measure LeMaitre Vascular'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 LeMaitre Vascular is operating at the current time. Most of LeMaitre Vascular's value examination focuses on studying past and present price action to predict the probability of LeMaitre Vascular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeMaitre Vascular's price. Additionally, you may evaluate how the addition of LeMaitre Vascular to your portfolios can decrease your overall portfolio volatility.