Luenmei Quantum (China) Price on November 25, 2024
| 600167 Stock | 6.10 0.02 0.33% |
Below is the normalized historical share price chart for Luenmei Quantum Co extending back to January 28, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Luenmei Quantum stands at 6.10, as last reported on the 26th of November, with the highest price reaching 6.26 and the lowest price hitting 6.01 during the day.
If you're considering investing in Luenmei Stock, it is important to understand the factors that can impact its price. Luenmei Quantum appears to be somewhat reliable, given 3 months investment horizon. Luenmei Quantum has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Luenmei Quantum, which you can use to evaluate the volatility of the firm. Please exercise Luenmei Quantum's Mean Deviation of 1.19, downside deviation of 1.87, and Risk Adjusted Performance of 0.0576 to check out if our risk estimates are consistent with your expectations.
At present, Luenmei Quantum's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.8 B. . Luenmei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of December 1998 | 200 Day MA 5.692 | 50 Day MA 5.779 | Beta (0.02) |
Luenmei |
Sharpe Ratio = 0.1135
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600167 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Luenmei Quantum is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Luenmei Quantum by adding it to a well-diversified portfolio.
Price Book 1.2802 | Enterprise Value Ebitda 10.6522 | Price Sales 3.9728 | Shares Float 355.7 M | Wall Street Target Price 7 |
Luenmei Quantum Valuation on November 25, 2024
It is possible to determine the worth of Luenmei Quantum on a given historical date. On November 25, 2024 Luenmei was worth 6.2 at the beginning of the trading date compared to the closed value of 6.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luenmei Quantum stock. Still, in general, we apply an absolute valuation method to find Luenmei Quantum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Luenmei Quantum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luenmei Quantum's related companies.
| Open | High | Low | Close | Volume | |
| 6.04 | 6.17 | 5.99 | 6.12 | 10,339,540 | |
11/25/2024 | 6.20 | 6.26 | 6.01 | 6.10 | 11,027,640 |
| Backtest Luenmei Quantum | | | Luenmei Quantum History | | | Luenmei Quantum Valuation | Previous |
Luenmei Quantum Trading Date Momentum on November 25, 2024
| On November 25 2024 Luenmei Quantum Co was traded for 6.10 at the closing time. The highest price during the trading period was 6.26 and the lowest recorded bid was listed for 6.01 . The volume for the day was 11 M. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 1.64% . |
Luenmei Quantum Fundamentals Correlations and Trends
By evaluating Luenmei Quantum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Luenmei Quantum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luenmei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luenmei Quantum Stock history
Luenmei Quantum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Luenmei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luenmei Quantum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Luenmei Quantum stock prices may prove useful in developing a viable investing in Luenmei Quantum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.8 B | |
| Net Income Applicable To Common Shares | 1.1 B | 1.1 B |
Luenmei Quantum Quarterly Net Working Capital |
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Luenmei Quantum Stock Technical Analysis
Luenmei Quantum 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.
Price Boundaries
Luenmei Quantum Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Luenmei Quantum Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Luenmei Quantum November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Luenmei Quantum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luenmei Quantum shares will generate the highest return on investment. By undertsting and applying Luenmei Quantum stock market strength indicators, traders can identify Luenmei Quantum Co entry and exit signals to maximize returns
Luenmei Quantum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luenmei Quantum's price direction in advance. Along with the technical and fundamental analysis of Luenmei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luenmei to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.60) |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Luenmei Stock analysis
When running Luenmei Quantum's price analysis, check to measure Luenmei Quantum'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 Luenmei Quantum is operating at the current time. Most of Luenmei Quantum's value examination focuses on studying past and present price action to predict the probability of Luenmei Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luenmei Quantum's price. Additionally, you may evaluate how the addition of Luenmei Quantum to your portfolios can decrease your overall portfolio volatility.
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