Lennar (Mexico) Market Value
| LEN Stock | MXN 3,300 49.50 1.48% |
| Symbol | Lennar |
Lennar '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'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.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Lennar on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Lennar or generate 0.0% return on investment in Lennar over 30 days. Lennar is related to or competes with KB Home, and Servicios Corporativos. Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the Un... More
Lennar 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 Lennar'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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.61 |
Lennar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lennar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lennar's standard deviation. In reality, there are many statistical measures that can use Lennar historical prices to predict the future Lennar's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.44) |
Lennar Backtested Returns
Lennar has Sharpe Ratio of -0.0722, which conveys that the firm had a -0.0722% return per unit of risk over the last 3 months. Lennar exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lennar's Risk Adjusted Performance of (0.04), mean deviation of 0.6845, and Standard Deviation of 1.5 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lennar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lennar is expected to be smaller as well. At this point, Lennar has a negative expected return of -0.11%. Please make sure to verify Lennar's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Lennar performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Lennar has good reverse predictability. Overlapping area represents the amount of predictability between Lennar time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Lennar price movement. The serial correlation of -0.53 indicates that about 53.0% of current Lennar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 18.6 K |
Lennar lagged returns against current returns
Autocorrelation, which is Lennar 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's stock expected returns. We can calculate the autocorrelation of Lennar returns to help us make a trade decision. For example, suppose you find that Lennar 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lennar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lennar stock over time.
Current vs Lagged Prices |
| Timeline |
Lennar Lagged Returns
When evaluating Lennar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lennar stock have on its future price. Lennar 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 autocorrelation shows the relationship between Lennar stock current value and its past values and can show if there is a momentum factor associated with investing in Lennar.
Regressed Prices |
| Timeline |
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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.Additional Tools for Lennar Stock Analysis
When running Lennar's price analysis, check to measure Lennar'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 is operating at the current time. Most of Lennar's value examination focuses on studying past and present price action to predict the probability of Lennar'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's price. Additionally, you may evaluate how the addition of Lennar to your portfolios can decrease your overall portfolio volatility.