Lennar Stock Market Value
| LEN Stock | USD 158.10 2.93 1.82% |
| Symbol | Lennar |
Lennar Price To Book Ratio
Is Lennar'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 Lennar. If investors know Lennar 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 Lennar 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 0.249 | Dividend Share 1.625 | Earnings Share 14.24 | Revenue Per Share 124.738 | Quarterly Revenue Growth 0.127 |
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar'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 Lennar's market value can be influenced by many factors that don't directly affect Lennar'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 Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar'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.
Lennar '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'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.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Lennar on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lennar or generate 0.0% return on investment in Lennar over 30 days. Lennar is related to or competes with Api GroupCorp, MYR, Comfort Systems, Construction Partners, Arcosa, Ameresco, and EMCOR. Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the Un... More
Lennar 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0155 | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.72 |
Lennar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lennar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lennar's standard deviation. In reality, there are many statistical measures that can use Lennar historical prices to predict the future Lennar's volatility.| Risk Adjusted Performance | 0.0402 | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | (1.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lennar'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.
Lennar Backtested Returns
We consider Lennar very steady. Lennar has Sharpe Ratio of 0.051, which conveys that the firm had a 0.051% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lennar, which you can use to evaluate the volatility of the firm. Please verify Lennar's Mean Deviation of 1.43, risk adjusted performance of 0.0402, and Downside Deviation of 2.41 to check out if the risk estimate we provide is consistent with the expected return of 0.1%. Lennar has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0939, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lennar are expected to decrease at a much lower rate. During the bear market, Lennar is likely to outperform the market. Lennar right now secures a risk of 2.01%. Please verify Lennar expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Lennar will be following its current price movements.
Auto-correlation | -0.38 |
Poor reverse predictability
Lennar has poor reverse predictability. Overlapping area represents the amount of predictability between Lennar time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Lennar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 7.75 |
Lennar lagged returns against current returns
Autocorrelation, which is Lennar 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's stock expected returns. We can calculate the autocorrelation of Lennar returns to help us make a trade decision. For example, suppose you find that Lennar 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lennar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lennar stock over time.
Current vs Lagged Prices |
| Timeline |
Lennar Lagged Returns
When evaluating Lennar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lennar stock have on its future price. Lennar 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 autocorrelation shows the relationship between Lennar stock current value and its past values and can show if there is a momentum factor associated with investing in Lennar.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Lennar Correlation, Lennar Volatility and Lennar Alpha and Beta module to complement your research on Lennar. To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.Note that the Lennar information on this page should be used as a complementary analysis to other Lennar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Lennar Stock analysis
When running Lennar's price analysis, check to measure Lennar'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 Lennar is operating at the current time. Most of Lennar's value examination focuses on studying past and present price action to predict the probability of Lennar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lennar's price. Additionally, you may evaluate how the addition of Lennar to your portfolios can decrease your overall portfolio volatility.
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Lennar 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.