Lam Research's market value is the price at which a share of Lam Research trades on a public exchange. It measures the collective expectations of Lam Research investors about its performance. Lam Research is trading at 10.64 as of the 8th of January 2025, a 1.21% down since the beginning of the trading day. The stock's open price was 10.77. With this module, you can estimate the performance of a buy and hold strategy of Lam Research and determine expected loss or profit from investing in Lam Research over a given investment horizon. Check out Lam Research Correlation, Lam Research Volatility and Lam Research Alpha and Beta module to complement your research on Lam Research.
Please note, there is a significant difference between Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research'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.
Lam Research '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 Lam Research'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 Lam Research.
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01/19/2023
No Change 0.00
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In 1 year 11 months and 22 days
01/08/2025
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If you would invest 0.00 in Lam Research on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Lam Research or generate 0.0% return on investment in Lam Research over 720 days. Lam Research is related to or competes with Monster Beverage, Unity Software, Warner Music, Teladoc Health, and Hospital Mater. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment us... More
Lam Research 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 Lam Research'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 Lam Research 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 Lam Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lam Research's standard deviation. In reality, there are many statistical measures that can use Lam Research historical prices to predict the future Lam Research's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lam Research. Your research has to be compared to or analyzed against Lam Research's peers to derive any actionable benefits. When done correctly, Lam Research's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lam Research.
Lam Research Backtested Returns
At this point, Lam Research is somewhat reliable. Lam Research has Sharpe Ratio of 0.025, which conveys that the firm had a 0.025% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lam Research, which you can use to evaluate the volatility of the firm. Please verify Lam Research's Downside Deviation of 3.24, risk adjusted performance of 0.04, and Mean Deviation of 2.35 to check out if the risk estimate we provide is consistent with the expected return of 0.0793%. Lam Research has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lam Research are expected to decrease at a much lower rate. During the bear market, Lam Research is likely to outperform the market. Lam Research right now secures a risk of 3.17%. Please verify Lam Research standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Lam Research will be following its current price movements.
Auto-correlation
0.05
Virtually no predictability
Lam Research has virtually no predictability. Overlapping area represents the amount of predictability between Lam Research time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Lam Research price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Lam Research price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
0.12
Residual Average
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Price Variance
430.91
Lam Research lagged returns against current returns
Autocorrelation, which is Lam Research 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 Lam Research's stock expected returns. We can calculate the autocorrelation of Lam Research returns to help us make a trade decision. For example, suppose you find that Lam Research 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
Lam Research 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 Lam Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lam Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lam Research stock over time.
Current vs Lagged Prices
Timeline
Lam Research Lagged Returns
When evaluating Lam Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lam Research stock have on its future price. Lam Research 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, Lam Research autocorrelation shows the relationship between Lam Research stock current value and its past values and can show if there is a momentum factor associated with investing in Lam Research.
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.
Lam Research financial ratios help investors to determine whether Lam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lam with respect to the benefits of owning Lam Research security.