Laurentian Bank Stock Market Value

LB Stock  CAD 26.66  0.33  1.25%   
Laurentian Bank's market value is the price at which a share of Laurentian Bank trades on a public exchange. It measures the collective expectations of Laurentian Bank investors about its performance. Laurentian Bank is selling at 26.66 as of the 17th of March 2025; that is 1.25% up since the beginning of the trading day. The stock's open price was 26.33.
With this module, you can estimate the performance of a buy and hold strategy of Laurentian Bank and determine expected loss or profit from investing in Laurentian Bank over a given investment horizon. Check out Laurentian Bank Correlation, Laurentian Bank Volatility and Laurentian Bank Alpha and Beta module to complement your research on Laurentian Bank.
Symbol

Laurentian Bank Price To Book Ratio

Please note, there is a significant difference between Laurentian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laurentian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laurentian Bank'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.

Laurentian Bank '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 Laurentian Bank'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 Laurentian Bank.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Laurentian Bank on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Laurentian Bank or generate 0.0% return on investment in Laurentian Bank over 90 days. Laurentian Bank is related to or competes with National Bank, Canadian Imperial, Great West, and Power. Laurentian Bank of Canada, together with its subsidiaries, provides various banking services to individuals, small and m... More

Laurentian Bank 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 Laurentian Bank'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 Laurentian Bank upside and downside potential and time the market with a certain degree of confidence.

Laurentian Bank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Laurentian Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Laurentian Bank's standard deviation. In reality, there are many statistical measures that can use Laurentian Bank historical prices to predict the future Laurentian Bank's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Laurentian Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
25.6126.6027.59
Details
Intrinsic
Valuation
LowRealHigh
26.2027.1928.18
Details
Naive
Forecast
LowNextHigh
25.0226.0127.01
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.660.750.86
Details

Laurentian Bank Backtested Returns

Laurentian Bank has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of risk over the last 3 months. Laurentian Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Laurentian Bank's Risk Adjusted Performance of (0.12), standard deviation of 1.03, and Mean Deviation of 0.7444 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Laurentian Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Laurentian Bank is expected to be smaller as well. At this point, Laurentian Bank has a negative expected return of -0.13%. Please make sure to verify Laurentian Bank's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Laurentian Bank performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.26  

Weak reverse predictability

Laurentian Bank has weak reverse predictability. Overlapping area represents the amount of predictability between Laurentian Bank time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Laurentian Bank price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Laurentian Bank price fluctuation can be explain by its past prices.
Correlation Coefficient-0.26
Spearman Rank Test-0.43
Residual Average0.0
Price Variance0.3

Laurentian Bank lagged returns against current returns

Autocorrelation, which is Laurentian Bank 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 Laurentian Bank's stock expected returns. We can calculate the autocorrelation of Laurentian Bank returns to help us make a trade decision. For example, suppose you find that Laurentian Bank 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  

Laurentian Bank 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 Laurentian Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Laurentian Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Laurentian Bank stock over time.
   Current vs Lagged Prices   
       Timeline  

Laurentian Bank Lagged Returns

When evaluating Laurentian Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Laurentian Bank stock have on its future price. Laurentian Bank 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, Laurentian Bank autocorrelation shows the relationship between Laurentian Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Laurentian Bank.
   Regressed Prices   
       Timeline  

Other Information on Investing in Laurentian Stock

Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.