Lennar Corp's market value is the price at which a share of Lennar Corp trades on a public exchange. It measures the collective expectations of Lennar Corp Cl investors about its performance. Lennar Corp is selling for under 134.59 as of the 3rd of January 2025; that is 1.35% down since the beginning of the trading day. The stock's lowest day price was 134.59. With this module, you can estimate the performance of a buy and hold strategy of Lennar Corp Cl and determine expected loss or profit from investing in Lennar Corp over a given investment horizon. Check out Lennar Corp Correlation, Lennar Corp Volatility and Lennar Corp Alpha and Beta module to complement your research on Lennar Corp.
Please note, there is a significant difference between Lennar Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar Corp'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 Corp '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 Corp'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 Corp.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lennar Corp'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 Corp Cl upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lennar Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lennar Corp's standard deviation. In reality, there are many statistical measures that can use Lennar Corp historical prices to predict the future Lennar Corp's volatility.
Lennar Corp Cl has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Lennar Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lennar Corp's Standard Deviation of 1.93, risk adjusted performance of (0.18), and Mean Deviation of 1.38 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0081, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lennar Corp are expected to decrease at a much lower rate. During the bear market, Lennar Corp is likely to outperform the market. At this point, Lennar Corp Cl has a negative expected return of -0.45%. Please make sure to verify Lennar Corp's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Lennar Corp Cl performance from the past will be repeated at some point in the near future.
Auto-correlation
0.84
Very good predictability
Lennar Corp Cl has very good predictability. Overlapping area represents the amount of predictability between Lennar Corp time series from 4th of December 2024 to 19th of December 2024 and 19th of December 2024 to 3rd of January 2025. 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 Corp Cl price movement. The serial correlation of 0.84 indicates that around 84.0% of current Lennar Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
0.84
Spearman Rank Test
0.75
Residual Average
0.0
Price Variance
1.89
Lennar Corp Cl lagged returns against current returns
Autocorrelation, which is Lennar Corp 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 Corp's stock expected returns. We can calculate the autocorrelation of Lennar Corp returns to help us make a trade decision. For example, suppose you find that Lennar Corp 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 Corp 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 Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lennar Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lennar Corp stock over time.
Current vs Lagged Prices
Timeline
Lennar Corp Lagged Returns
When evaluating Lennar Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lennar Corp stock have on its future price. Lennar Corp 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 Corp autocorrelation shows the relationship between Lennar Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Lennar Corp Cl.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Lennar Corp's price analysis, check to measure Lennar Corp'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 Corp is operating at the current time. Most of Lennar Corp's value examination focuses on studying past and present price action to predict the probability of Lennar Corp'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 Corp's price. Additionally, you may evaluate how the addition of Lennar Corp to your portfolios can decrease your overall portfolio volatility.