LKQ (Germany) Market Value

LKQ1 Stock  EUR 39.20  1.00  2.62%   
LKQ's market value is the price at which a share of LKQ trades on a public exchange. It measures the collective expectations of LKQ Corporation investors about its performance. LKQ is trading at 39.20 as of the 15th of March 2025. This is a 2.62% increase since the beginning of the trading day. The stock's lowest day price was 38.6.
With this module, you can estimate the performance of a buy and hold strategy of LKQ Corporation and determine expected loss or profit from investing in LKQ over a given investment horizon. Check out LKQ Correlation, LKQ Volatility and LKQ Alpha and Beta module to complement your research on LKQ.
Symbol

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

LKQ '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 LKQ'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 LKQ.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in LKQ on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding LKQ Corporation or generate 0.0% return on investment in LKQ over 90 days. LKQ is related to or competes with Thai Beverage, Suntory Beverage, Fevertree Drinks, THAI BEVERAGE, Boston Beer, Direct Line, and SAN MIGUEL. LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repa... More

LKQ 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 LKQ'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 LKQ Corporation upside and downside potential and time the market with a certain degree of confidence.

LKQ Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for LKQ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LKQ's standard deviation. In reality, there are many statistical measures that can use LKQ historical prices to predict the future LKQ's volatility.
Hype
Prediction
LowEstimatedHigh
37.2139.0040.79
Details
Intrinsic
Valuation
LowRealHigh
33.6135.4042.90
Details

LKQ Corporation Backtested Returns

LKQ appears to be very steady, given 3 months investment horizon. LKQ Corporation has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for LKQ, which you can use to evaluate the volatility of the firm. Please exercise LKQ's risk adjusted performance of 0.0532, and Mean Deviation of 1.28 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LKQ holds a performance score of 8. The company secures a Beta (Market Risk) of -0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LKQ are expected to decrease at a much lower rate. During the bear market, LKQ is likely to outperform the market. Please check LKQ's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether LKQ's current price movements will revert.

Auto-correlation

    
  0.83  

Very good predictability

LKQ Corporation has very good predictability. Overlapping area represents the amount of predictability between LKQ time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 LKQ Corporation price movement. The serial correlation of 0.83 indicates that around 83.0% of current LKQ price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.73
Residual Average0.0
Price Variance2.94

LKQ Corporation lagged returns against current returns

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

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

LKQ Lagged Returns

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

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Additional Information and Resources on Investing in LKQ Stock

When determining whether LKQ Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LKQ Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:
Check out LKQ Correlation, LKQ Volatility and LKQ Alpha and Beta module to complement your research on LKQ.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
LKQ technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of LKQ technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LKQ trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...