Lowes Companies Stock Market Value
LOW Stock | USD 228.86 0.51 0.22% |
Symbol | Lowes |
Lowes Companies Price To Book Ratio
Is Lowes Companies' 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 Lowes Companies. If investors know Lowes 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 Lowes Companies 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 0.118 | Dividend Share 4.35 | Earnings Share 13.2 | Revenue Per Share 148.414 | Quarterly Revenue Growth (0.17) |
The market value of Lowes Companies is measured differently than its book value, which is the value of Lowes that is recorded on the company's balance sheet. Investors also form their own opinion of Lowes Companies' value that differs from its market value or its book value, called intrinsic value, which is Lowes Companies' 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 Lowes Companies' market value can be influenced by many factors that don't directly affect Lowes Companies' 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 Lowes Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lowes Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lowes Companies' 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.
Lowes Companies '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 Lowes Companies' 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 Lowes Companies.
11/20/2023 |
| 04/18/2024 |
If you would invest 0.00 in Lowes Companies on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Lowes Companies or generate 0.0% return on investment in Lowes Companies over 150 days. Lowes Companies is related to or competes with Floor Decor, LL Flooring, Arhaus, Haverty Furniture, Home Depot, Kirklands, and Tile Shop. Lowes Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and ... More
Lowes Companies 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 Lowes Companies' 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 Lowes Companies upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.26 | |||
Information Ratio | 0.0212 | |||
Maximum Drawdown | 6.55 | |||
Value At Risk | (1.94) | |||
Potential Upside | 1.86 |
Lowes Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lowes Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lowes Companies' standard deviation. In reality, there are many statistical measures that can use Lowes Companies historical prices to predict the future Lowes Companies' volatility.Risk Adjusted Performance | 0.0448 | |||
Jensen Alpha | 0.0115 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0225 | |||
Treynor Ratio | 0.0539 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lowes Companies' 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.
Lowes Companies Backtested Returns
We consider Lowes Companies very steady. Lowes Companies has Sharpe Ratio of 0.0587, which conveys that the firm had a 0.0587% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lowes Companies, which you can use to evaluate the volatility of the firm. Please verify Lowes Companies' Risk Adjusted Performance of 0.0448, downside deviation of 1.26, and Mean Deviation of 1.05 to check out if the risk estimate we provide is consistent with the expected return of 0.0796%. Lowes Companies has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.37, 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, Lowes Companies will likely underperform. Lowes Companies right now secures a risk of 1.36%. Please verify Lowes Companies sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Lowes Companies will be following its current price movements.
Auto-correlation | 0.67 |
Good predictability
Lowes Companies has good predictability. Overlapping area represents the amount of predictability between Lowes Companies time series from 20th of November 2023 to 3rd of February 2024 and 3rd of February 2024 to 18th 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 Lowes Companies price movement. The serial correlation of 0.67 indicates that around 67.0% of current Lowes Companies price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.67 | |
Spearman Rank Test | 0.37 | |
Residual Average | 0.0 | |
Price Variance | 110.44 |
Lowes Companies lagged returns against current returns
Autocorrelation, which is Lowes Companies 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 Lowes Companies' stock expected returns. We can calculate the autocorrelation of Lowes Companies returns to help us make a trade decision. For example, suppose you find that Lowes Companies 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 |
Lowes Companies 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 Lowes Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lowes Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lowes Companies stock over time.
Current vs Lagged Prices |
Timeline |
Lowes Companies Lagged Returns
When evaluating Lowes Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lowes Companies stock have on its future price. Lowes Companies 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, Lowes Companies autocorrelation shows the relationship between Lowes Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Lowes Companies.
Regressed Prices |
Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Lowes Companies Correlation, Lowes Companies Volatility and Lowes Companies Alpha and Beta module to complement your research on Lowes Companies. For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Lowes Stock analysis
When running Lowes Companies' price analysis, check to measure Lowes Companies' 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 Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Lowes Companies 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.