Loblaw Companies (Germany) Market Value
| L8G Stock | EUR 127.00 1.00 0.79% |
| Symbol | Loblaw |
Loblaw Companies '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 Loblaw Companies' 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 Loblaw Companies.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Loblaw Companies on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Loblaw Companies Limited or generate 0.0% return on investment in Loblaw Companies over 720 days. Loblaw Companies is related to or competes with Axcelis Technologies, ACCSYS TECHPLC, UNITED UTILITIES, OFFICE DEPOT, NORTHEAST UTILITIES, Infrastrutture Wireless, and Uber Technologies. Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, gen... More
Loblaw Companies 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 Loblaw Companies' 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 Loblaw Companies Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.1142 | |||
| Maximum Drawdown | 9.23 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.74 |
Loblaw Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loblaw Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loblaw Companies' standard deviation. In reality, there are many statistical measures that can use Loblaw Companies historical prices to predict the future Loblaw Companies' volatility.| Risk Adjusted Performance | 0.1128 | |||
| Jensen Alpha | 0.1792 | |||
| Total Risk Alpha | 0.1448 | |||
| Sortino Ratio | 0.0815 | |||
| Treynor Ratio | 0.7474 |
Loblaw Companies Backtested Returns
At this point, Loblaw Companies is very steady. Loblaw Companies has Sharpe Ratio of 0.0936, which conveys that the firm had a 0.0936% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Loblaw Companies, which you can use to evaluate the volatility of the firm. Please verify Loblaw Companies' Mean Deviation of 1.0, risk adjusted performance of 0.1128, and Downside Deviation of 1.99 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Loblaw Companies has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Loblaw Companies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Loblaw Companies is expected to be smaller as well. Loblaw Companies right now secures a risk of 1.39%. Please verify Loblaw Companies Limited mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Loblaw Companies Limited will be following its current price movements.
Auto-correlation | 0.14 |
Insignificant predictability
Loblaw Companies Limited has insignificant predictability. Overlapping area represents the amount of predictability between Loblaw Companies time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 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 Loblaw Companies price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Loblaw Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 124.33 |
Loblaw Companies lagged returns against current returns
Autocorrelation, which is Loblaw Companies 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 Loblaw Companies' stock expected returns. We can calculate the autocorrelation of Loblaw Companies returns to help us make a trade decision. For example, suppose you find that Loblaw Companies 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 |
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Loblaw Companies 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 Loblaw Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loblaw Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loblaw Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Loblaw Companies Lagged Returns
When evaluating Loblaw Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loblaw Companies stock have on its future price. Loblaw Companies 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, Loblaw Companies autocorrelation shows the relationship between Loblaw Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Loblaw Companies Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Loblaw Stock
Loblaw Companies financial ratios help investors to determine whether Loblaw 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 Loblaw with respect to the benefits of owning Loblaw Companies security.