Lakeland Industries Stock Market Value
| LAKE Stock | USD 18.94 0.51 2.77% |
| Symbol | Lakeland |
Lakeland Industries Price To Book Ratio
Is Apparel, Accessories & Luxury Goods 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 Lakeland Industries. If investors know Lakeland 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 Lakeland 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 0.789 | Dividend Share 0.12 | Earnings Share 0.73 | Revenue Per Share 16.959 | Quarterly Revenue Growth 0.077 |
The market value of Lakeland Industries is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Industries' value that differs from its market value or its book value, called intrinsic value, which is Lakeland 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 Lakeland Industries' market value can be influenced by many factors that don't directly affect Lakeland 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 Lakeland Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland 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.
Lakeland 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 Lakeland 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 Lakeland Industries.
| 05/05/2024 |
| 06/04/2024 |
If you would invest 0.00 in Lakeland Industries on May 5, 2024 and sell it all today you would earn a total of 0.00 from holding Lakeland Industries or generate 0.0% return on investment in Lakeland Industries over 30 days. Lakeland Industries is related to or competes with Vince Holding, Oxford Industries, Gildan Activewear, Columbia Sportswear, Kontoor Brands, Superior Uniform, and Jerash Holdings. Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and p... More
Lakeland 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 Lakeland 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 Lakeland Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.07 | |||
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 19.8 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 4.29 |
Lakeland Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lakeland Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lakeland Industries' standard deviation. In reality, there are many statistical measures that can use Lakeland Industries historical prices to predict the future Lakeland Industries' volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0437 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | 0.7614 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lakeland 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.
Lakeland Industries Backtested Returns
Lakeland Industries appears to be not too volatile, given 3 months investment horizon. Lakeland Industries has Sharpe Ratio of 0.0881, which conveys that the firm had a 0.0881% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lakeland Industries, which you can use to evaluate the volatility of the firm. Please exercise Lakeland Industries' Mean Deviation of 2.28, risk adjusted performance of 0.0186, and Downside Deviation of 3.07 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lakeland Industries holds a performance score of 6. The company secures a Beta (Market Risk) of 0.0594, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lakeland Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lakeland Industries is expected to be smaller as well. Please check Lakeland Industries' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Lakeland Industries' current price movements will revert.
Auto-correlation | -0.42 |
Modest reverse predictability
Lakeland Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Lakeland Industries time series from 5th of May 2024 to 20th of May 2024 and 20th of May 2024 to 4th of June 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 Lakeland Industries price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Lakeland Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Lakeland Industries lagged returns against current returns
Autocorrelation, which is Lakeland 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 Lakeland Industries' stock expected returns. We can calculate the autocorrelation of Lakeland Industries returns to help us make a trade decision. For example, suppose you find that Lakeland 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 |
Lakeland 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 Lakeland Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lakeland Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lakeland Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Lakeland Industries Lagged Returns
When evaluating Lakeland Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lakeland Industries stock have on its future price. Lakeland 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, Lakeland Industries autocorrelation shows the relationship between Lakeland Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Lakeland Industries.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Lakeland Stock
When determining whether Lakeland Industries is a strong investment it is important to analyze Lakeland Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lakeland Industries' future performance. For an informed investment choice regarding Lakeland Stock, refer to the following important reports:Check out Lakeland Industries Correlation, Lakeland Industries Volatility and Lakeland Industries Alpha and Beta module to complement your research on Lakeland Industries. For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Lakeland 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.