Lci Industries Stock Market Value
| LCII Stock | USD 106.42 2.23 2.14% |
| Symbol | LCI |
LCI Industries Price To Book Ratio
Is LCI Industries' 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 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 (0.57) | Dividend Share 4.2 | Earnings Share 2.52 | Revenue Per Share 149.568 | Quarterly Revenue Growth (0.06) |
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.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in LCI Industries on March 21, 2024 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 30 days. LCI Industries is related to or competes with EVgo Equity, and Xos. 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.55 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 3.13 |
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 | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LCI Industries' 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.
LCI Industries Backtested Returns
LCI Industries has Sharpe Ratio of -0.0416, which conveys that the company had a -0.0416% return per unit of risk over the last 3 months. LCI Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LCI Industries' Coefficient Of Variation of (2,499), mean deviation of 1.9, and Standard Deviation of 2.47 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 2.09, 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 has an expected return of -0.1%. Please make sure to verify LCI Industries kurtosis, and the relationship between the maximum drawdown and day median price , to decide if LCI Industries performance from the past will be repeated in the future.
Auto-correlation | 0.03 |
Virtually no predictability
LCI Industries has virtually no predictability. Overlapping area represents the amount of predictability between LCI Industries 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 LCI Industries price movement. The serial correlation of 0.03 indicates that only 3.0% of current LCI Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 26.09 |
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 |
LCI Industries Investors Sentiment
The influence of LCI Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in LCI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to LCI Industries' public news can be used to forecast risks associated with an investment in LCI. The trend in average sentiment can be used to explain how an investor holding LCI can time the market purely based on public headlines and social activities around LCI Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
LCI Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for LCI Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average LCI Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on LCI Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LCI Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LCI Industries' short interest history, or implied volatility extrapolated from LCI Industries options trading.
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Complementary Tools for LCI Stock analysis
When running LCI Industries' price analysis, check to measure LCI Industries' 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 LCI Industries is operating at the current time. Most of LCI Industries' value examination focuses on studying past and present price action to predict the probability of LCI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LCI Industries' price. Additionally, you may evaluate how the addition of LCI Industries to your portfolios can decrease your overall portfolio volatility.
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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.