Lumen Technologies Stock Market Value
| LUMN Stock | USD 7.37 0.28 3.66% |
| Symbol | Lumen |
Lumen Technologies Price To Book Ratio
Is Diversified Telecommunication Services 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 Lumen Technologies. If investors know Lumen 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 Lumen Technologies 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 (0.89) | Earnings Share (2.17) | Revenue Per Share 13.483 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0066 |
The market value of Lumen Technologies is measured differently than its book value, which is the value of Lumen that is recorded on the company's balance sheet. Investors also form their own opinion of Lumen Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lumen Technologies' 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 Lumen Technologies' market value can be influenced by many factors that don't directly affect Lumen Technologies' 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 Lumen Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumen Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumen Technologies' 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.
Lumen Technologies '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 Lumen Technologies' 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 Lumen Technologies.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Lumen Technologies on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Lumen Technologies or generate 0.0% return on investment in Lumen Technologies over 30 days. Lumen Technologies is related to or competes with Verizon Communications, T Mobile, Comcast Corp, ATT, Telefonica, Orange SA, and Charter Communications. Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products... More
Lumen Technologies 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 Lumen Technologies' 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 Lumen Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.0 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 27.32 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 9.55 |
Lumen Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lumen Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lumen Technologies' standard deviation. In reality, there are many statistical measures that can use Lumen Technologies historical prices to predict the future Lumen Technologies' volatility.| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.0876 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0698 | |||
| Treynor Ratio | 0.148 |
Lumen Technologies Backtested Returns
Lumen Technologies appears to be unstable, given 3 months investment horizon. Lumen Technologies 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. By analyzing Lumen Technologies' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Lumen Technologies' Downside Deviation of 5.0, mean deviation of 3.85, and Risk Adjusted Performance of 0.0766 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lumen Technologies holds a performance score of 10. The company secures a Beta (Market Risk) of 3.17, 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, Lumen Technologies will likely underperform. Please check Lumen Technologies' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Lumen Technologies' current price movements will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Lumen Technologies has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Lumen Technologies time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Lumen Technologies price movement. The serial correlation of -0.74 indicates that around 74.0% of current Lumen Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Lumen Technologies lagged returns against current returns
Autocorrelation, which is Lumen Technologies 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 Lumen Technologies' stock expected returns. We can calculate the autocorrelation of Lumen Technologies returns to help us make a trade decision. For example, suppose you find that Lumen Technologies 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 |
Lumen Technologies 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 Lumen Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lumen Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lumen Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Lumen Technologies Lagged Returns
When evaluating Lumen Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lumen Technologies stock have on its future price. Lumen Technologies 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, Lumen Technologies autocorrelation shows the relationship between Lumen Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Lumen Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Lumen Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lumen Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lumen Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Lumen Stock
| 0.68 | T | ATT Inc Aggressive Push | PairCorr |
| 0.74 | TMUS | T Mobile Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Lumen Stock
| 0.75 | TC | TuanChe ADR | PairCorr |
| 0.66 | DLPN | Dolphin Entertainment | PairCorr |
| 0.65 | VOD | Vodafone Group PLC | PairCorr |
| 0.55 | TU | Telus Corp | PairCorr |
| 0.49 | DRCT | Direct Digital Holdings | PairCorr |
The ability to find closely correlated positions to Lumen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lumen Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lumen Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lumen Technologies to buy it.
The correlation of Lumen Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lumen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lumen Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lumen Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Lumen Technologies Correlation, Lumen Technologies Volatility and Lumen Technologies Alpha and Beta module to complement your research on Lumen Technologies. To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Lumen Technologies 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.