Lancaster Colony Stock Market Value
| LANC Stock | USD 186.87 3.25 1.77% |
| Symbol | Lancaster |
Lancaster Colony Price To Book Ratio
Is Lancaster Colony's industry 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 Lancaster Colony. If investors know Lancaster 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 Lancaster Colony 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 0.043 | Dividend Share 3.45 | Earnings Share 4.68 | Revenue Per Share 68.016 | Quarterly Revenue Growth 0.202 |
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony'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 Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony'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 Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony'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.
Lancaster Colony '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 Lancaster Colony'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 Lancaster Colony.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Lancaster Colony on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Lancaster Colony or generate 0.0% return on investment in Lancaster Colony over 30 days. Lancaster Colony is related to or competes with Greenlane Holdings, 22nd Century, Pyxus International, and Japan Tobacco. Lancaster Colony Corporation engages in the manufacturing and marketing of food products for the retail and foodservice ... More
Lancaster Colony 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 Lancaster Colony'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 Lancaster Colony upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.0 |
Lancaster Colony Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lancaster Colony's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lancaster Colony's standard deviation. In reality, there are many statistical measures that can use Lancaster Colony historical prices to predict the future Lancaster Colony's volatility.| Risk Adjusted Performance | 0.0553 | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0471 | |||
| Treynor Ratio | 0.0966 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lancaster Colony'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.
Lancaster Colony Backtested Returns
We consider Lancaster Colony very steady. Lancaster Colony has Sharpe Ratio of 0.0688, which conveys that the firm had a 0.0688% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lancaster Colony, which you can use to evaluate the volatility of the firm. Please verify Lancaster Colony's Downside Deviation of 1.4, mean deviation of 1.17, and Risk Adjusted Performance of 0.0553 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Lancaster Colony has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.46, 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, Lancaster Colony will likely underperform. Lancaster Colony right now secures a risk of 1.93%. Please verify Lancaster Colony semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Lancaster Colony will be following its current price movements.
Auto-correlation | 0.09 |
Virtually no predictability
Lancaster Colony has virtually no predictability. Overlapping area represents the amount of predictability between Lancaster Colony time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Lancaster Colony price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Lancaster Colony price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 49.66 |
Lancaster Colony lagged returns against current returns
Autocorrelation, which is Lancaster Colony 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 Lancaster Colony's stock expected returns. We can calculate the autocorrelation of Lancaster Colony returns to help us make a trade decision. For example, suppose you find that Lancaster Colony 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 |
Lancaster Colony 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 Lancaster Colony stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lancaster Colony stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lancaster Colony stock over time.
Current vs Lagged Prices |
| Timeline |
Lancaster Colony Lagged Returns
When evaluating Lancaster Colony's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lancaster Colony stock have on its future price. Lancaster Colony 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, Lancaster Colony autocorrelation shows the relationship between Lancaster Colony stock current value and its past values and can show if there is a momentum factor associated with investing in Lancaster Colony.
Regressed Prices |
| Timeline |
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When running Lancaster Colony's price analysis, check to measure Lancaster Colony'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 Lancaster Colony is operating at the current time. Most of Lancaster Colony's value examination focuses on studying past and present price action to predict the probability of Lancaster Colony's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lancaster Colony's price. Additionally, you may evaluate how the addition of Lancaster Colony to your portfolios can decrease your overall portfolio volatility.
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