Lear's market value is the price at which a share of Lear trades on a public exchange. It measures the collective expectations of Lear Corporation investors about its performance. Lear is trading at 1985.00 as of the 10th of January 2025; that is No Change since the beginning of the trading day. The stock's open price was 1985.0. With this module, you can estimate the performance of a buy and hold strategy of Lear Corporation and determine expected loss or profit from investing in Lear over a given investment horizon. Check out Lear Correlation, Lear Volatility and Lear Alpha and Beta module to complement your research on Lear.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear'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.
Lear '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 Lear'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 Lear.
0.00
04/15/2024
No Change 0.00
0.0
In 8 months and 28 days
01/10/2025
0.00
If you would invest 0.00 in Lear on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lear Corporation or generate 0.0% return on investment in Lear over 270 days. Lear is related to or competes with Lloyds Banking, Grupo Sports, KB Home, Southwest Airlines, United Airlines, and Grupo Industrial. Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical ... More
Lear 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 Lear'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 Lear Corporation 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 Lear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lear's standard deviation. In reality, there are many statistical measures that can use Lear historical prices to predict the future Lear's volatility.
Lear 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. Lear exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lear's Risk Adjusted Performance of (0.09), mean deviation of 0.8059, and Standard Deviation of 3.32 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lear's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lear is expected to be smaller as well. At this point, Lear has a negative expected return of -0.44%. Please make sure to verify Lear's jensen alpha, rate of daily change, and the relationship between the variance and skewness , to decide if Lear performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.39
Poor reverse predictability
Lear Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between Lear time series from 15th of April 2024 to 28th of August 2024 and 28th of August 2024 to 10th 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 Lear price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Lear price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
0.09
Residual Average
0.0
Price Variance
78.3 K
Lear lagged returns against current returns
Autocorrelation, which is Lear 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 Lear's stock expected returns. We can calculate the autocorrelation of Lear returns to help us make a trade decision. For example, suppose you find that Lear 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
Lear 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 Lear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lear stock over time.
Current vs Lagged Prices
Timeline
Lear Lagged Returns
When evaluating Lear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lear stock have on its future price. Lear 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, Lear autocorrelation shows the relationship between Lear stock current value and its past values and can show if there is a momentum factor associated with investing in Lear Corporation.
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 Lear's price analysis, check to measure Lear'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 Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.