LENNAR P (Germany) Market Value
| LNN0 Stock | EUR 126.00 2.00 1.56% |
| Symbol | LENNAR |
LENNAR P '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 LENNAR P'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 LENNAR P.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in LENNAR P on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding LENNAR P B or generate 0.0% return on investment in LENNAR P over 60 days. LENNAR P is related to or competes with DR Horton, Lennar, NVR, Sekisui House, PulteGroup, and Toll Brothers. Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the Un... More
LENNAR P 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 LENNAR P'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 LENNAR P B upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.22 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 2.69 |
LENNAR P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LENNAR P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LENNAR P's standard deviation. In reality, there are many statistical measures that can use LENNAR P historical prices to predict the future LENNAR P's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (2.96) |
LENNAR P B Backtested Returns
LENNAR P B has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of volatility over the last 3 months. LENNAR P exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LENNAR P's mean deviation of 1.74, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LENNAR P's returns are expected to increase less than the market. However, during the bear market, the loss of holding LENNAR P is expected to be smaller as well. At this point, LENNAR P B has a negative expected return of -0.23%. Please make sure to verify LENNAR P's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if LENNAR P B performance from the past will be repeated in the future.
Auto-correlation | 0.02 |
Virtually no predictability
LENNAR P B has virtually no predictability. Overlapping area represents the amount of predictability between LENNAR P time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 LENNAR P B price movement. The serial correlation of 0.02 indicates that only 2.0% of current LENNAR P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 92.68 |
LENNAR P B lagged returns against current returns
Autocorrelation, which is LENNAR P 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 LENNAR P's stock expected returns. We can calculate the autocorrelation of LENNAR P returns to help us make a trade decision. For example, suppose you find that LENNAR P 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 |
LENNAR P 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 LENNAR P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LENNAR P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LENNAR P stock over time.
Current vs Lagged Prices |
| Timeline |
LENNAR P Lagged Returns
When evaluating LENNAR P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LENNAR P stock have on its future price. LENNAR P 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, LENNAR P autocorrelation shows the relationship between LENNAR P stock current value and its past values and can show if there is a momentum factor associated with investing in LENNAR P B.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LENNAR Stock
LENNAR P financial ratios help investors to determine whether LENNAR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LENNAR with respect to the benefits of owning LENNAR P security.