Lennox International Stock Probability of Future Stock Price Finishing Under 638.32
| LII Stock | USD 628.28 8.40 1.36% |
Lennox |
Lennox International Target Price Odds to finish below 638.32
The tendency of Lennox Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 638.32 after 90 days |
| 628.28 | 90 days | 638.32 | about 71.86 |
Based on a normal probability distribution, the odds of Lennox International to stay under $ 638.32 after 90 days from now is about 71.86 (This Lennox International probability density function shows the probability of Lennox Stock to fall within a particular range of prices over 90 days) . Probability of Lennox International price to stay between its current price of $ 628.28 and $ 638.32 at the end of the 90-day period is about 14.8 .
Considering the 90-day investment horizon Lennox International has a beta of 0.54. This indicates as returns on the market go up, Lennox International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lennox International will be expected to be much smaller as well. Additionally Lennox International has an alpha of 0.0368, implying that it can generate a 0.0368 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lennox International Price Density |
| Price |
Predictive Modules for Lennox International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lennox International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Lennox International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lennox International is not an exception. The market had few large corrections towards the Lennox International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Lennox International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lennox International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 24.98 | |
Ir | Information ratio | 0.02 |
Lennox International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Lennox International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lennox International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lennox International is unlikely to experience financial distress in the next 2 years | |
| Lennox International has a strong financial position based on the latest SEC filings | |
| About 72.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Lennox International Inc Recognized as a 2024 Best-Managed Company by Wall Street Journal |
Lennox International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Lennox Stock often depends not only on the future outlook of the current and potential Lennox International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Lennox International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.7 M | |
| Cash And Short Term Investments | 69.1 M |
Lennox International Technical Analysis
Lennox International's future price can be derived by breaking down and analyzing its technical indicators over time. Lennox Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lennox International. In general, you should focus on analyzing Lennox Stock price patterns and their correlations with different microeconomic environments and drivers.
Lennox International Predictive Forecast Models
Lennox International's time-series forecasting models is one of many Lennox International's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Lennox International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Lennox International
Checking the ongoing alerts about Lennox International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lennox International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lennox International is unlikely to experience financial distress in the next 2 years | |
| Lennox International has a strong financial position based on the latest SEC filings | |
| About 72.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Lennox International Inc Recognized as a 2024 Best-Managed Company by Wall Street Journal |
Check out Lennox International Backtesting, Lennox International Valuation, Lennox International Correlation, Lennox International Hype Analysis, Lennox International Volatility, Lennox International History as well as Lennox International Performance. For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Building Products 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 Lennox International. If investors know Lennox 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 Lennox International 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 0.83 | Dividend Share 4.5 | Earnings Share 21.06 | Revenue Per Share 144.796 | Quarterly Revenue Growth 0.096 |
The market value of Lennox International is measured differently than its book value, which is the value of Lennox that is recorded on the company's balance sheet. Investors also form their own opinion of Lennox International's value that differs from its market value or its book value, called intrinsic value, which is Lennox International'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 Lennox International's market value can be influenced by many factors that don't directly affect Lennox International'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 Lennox International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennox International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennox International'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.