Limbach Holdings Stock Market Value
| LMB Stock | USD 98.76 3.27 3.20% |
| Symbol | Limbach |
Limbach Holdings Price To Book Ratio
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Limbach Holdings. If investors know Limbach will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Limbach Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.016 | Earnings Share 2.18 | Revenue Per Share 46.33 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0768 |
The market value of Limbach Holdings is measured differently than its book value, which is the value of Limbach that is recorded on the company's balance sheet. Investors also form their own opinion of Limbach Holdings' value that differs from its market value or its book value, called intrinsic value, which is Limbach Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Limbach Holdings' market value can be influenced by many factors that don't directly affect Limbach Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Limbach Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Limbach Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Limbach Holdings' 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.
Limbach Holdings '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 Limbach Holdings' 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 Limbach Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Limbach Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Limbach Holdings or generate 0.0% return on investment in Limbach Holdings over 30 days. Limbach Holdings is related to or competes with MYR, Granite Construction, Construction Partners, Great Lakes, KBR, Bowman Consulting, and Matrix Service. Limbach Holdings, Inc. operates as an integrated building systems solutions company in the United States More
Limbach Holdings 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 Limbach Holdings' 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 Limbach Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.1532 | |||
| Maximum Drawdown | 23.26 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 5.81 |
Limbach Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Limbach Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Limbach Holdings' standard deviation. In reality, there are many statistical measures that can use Limbach Holdings historical prices to predict the future Limbach Holdings' volatility.| Risk Adjusted Performance | 0.1512 | |||
| Jensen Alpha | 0.3164 | |||
| Total Risk Alpha | 0.1252 | |||
| Sortino Ratio | 0.2002 | |||
| Treynor Ratio | 0.2146 |
Limbach Holdings Backtested Returns
Limbach Holdings appears to be very steady, given 3 months investment horizon. Limbach Holdings has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Limbach Holdings' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please exercise Limbach Holdings' Risk Adjusted Performance of 0.1512, mean deviation of 2.48, and Downside Deviation of 2.84 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Limbach Holdings holds a performance score of 18. The company secures a Beta (Market Risk) of 3.19, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Limbach Holdings will likely underperform. Please check Limbach Holdings' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Limbach Holdings' current price movements will revert.
Auto-correlation | 0.71 |
Good predictability
Limbach Holdings has good predictability. Overlapping area represents the amount of predictability between Limbach Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Limbach Holdings price movement. The serial correlation of 0.71 indicates that around 71.0% of current Limbach Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 18.06 |
Limbach Holdings lagged returns against current returns
Autocorrelation, which is Limbach Holdings 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 Limbach Holdings' stock expected returns. We can calculate the autocorrelation of Limbach Holdings returns to help us make a trade decision. For example, suppose you find that Limbach Holdings 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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Limbach Holdings 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 Limbach Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Limbach Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Limbach Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Limbach Holdings Lagged Returns
When evaluating Limbach Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Limbach Holdings stock have on its future price. Limbach Holdings 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, Limbach Holdings autocorrelation shows the relationship between Limbach Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Limbach Holdings.
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 determining whether Limbach Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Limbach Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Limbach Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Limbach Holdings Stock:Check out Limbach Holdings Correlation, Limbach Holdings Volatility and Limbach Holdings Alpha and Beta module to complement your research on Limbach Holdings. For information on how to trade Limbach Stock refer to our How to Trade Limbach Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Limbach Holdings 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.