Loar Holdings Stock Beta
| LOAR Stock | 69.26 0.46 0.66% |
Loar Holdings fundamentals help investors to digest information that contributes to Loar Holdings' financial success or failures. It also enables traders to predict the movement of Loar Stock. The fundamental analysis module provides a way to measure Loar Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Loar Holdings stock.
Loar |
Loar Holdings Company Beta Analysis
Loar Holdings' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Loar Holdings has a Beta of 0.0. This is 100.0% lower than that of the Aerospace & Defense sector and 100.0% lower than that of the Industrials industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Loar Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Loar Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Loar Holdings could also be used in its relative valuation, which is a method of valuing Loar Holdings by comparing valuation metrics of similar companies.Loar Holdings is currently under evaluation in beta category among its peers.
Loar Fundamentals
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 6.93 B | ||||
| Shares Outstanding | 93.56 M | ||||
| Shares Owned By Insiders | 22.77 % | ||||
| Shares Owned By Institutions | 79.73 % | ||||
| Number Of Shares Shorted | 1.81 M | ||||
| Price To Book | 8.28 X | ||||
| Price To Sales | 16.83 X | ||||
| Revenue | 317.48 M | ||||
| Gross Profit | 187.19 M | ||||
| EBITDA | 107.52 M | ||||
| Net Income | (4.62 M) | ||||
| Total Debt | 545.48 M | ||||
| Book Value Per Share | 8.58 X | ||||
| Cash Flow From Operations | 12.81 M | ||||
| Short Ratio | 5.07 X | ||||
| Earnings Per Share | 0.20 X | ||||
| Target Price | 97.5 | ||||
| Number Of Employees | 1.3 K | ||||
| Market Capitalization | 6.37 B | ||||
| Total Asset | 1.05 B | ||||
| Working Capital | 119.2 M | ||||
| Net Asset | 1.05 B |
About Loar Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Loar Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Loar Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Loar Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Loar Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Loar Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Loar Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Loar Stock
| 0.49 | EH | Ehang Holdings | PairCorr |
| 0.45 | ESLT | Elbit Systems | PairCorr |
| 0.45 | CAE | CAE Inc | PairCorr |
| 0.4 | ERJ | Embraer SA ADR Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Loar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loar Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Loar Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Loar Holdings to buy it.
The correlation of Loar Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Loar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loar Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Loar Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Loar Stock Analysis
When running Loar Holdings' price analysis, check to measure Loar Holdings' 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 Loar Holdings is operating at the current time. Most of Loar Holdings' value examination focuses on studying past and present price action to predict the probability of Loar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loar Holdings' price. Additionally, you may evaluate how the addition of Loar Holdings to your portfolios can decrease your overall portfolio volatility.