Loongson Technology (China) Price on October 31, 2024
| 688047 Stock | 165.20 5.70 3.57% |
If you're considering investing in Loongson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Loongson Technology stands at 165.20, as last reported on the 30th of November, with the highest price reaching 168.58 and the lowest price hitting 153.50 during the day. Loongson Technology is very steady given 3 months investment horizon. Loongson Technology Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Loongson Technology Corp Mean Deviation of 3.53, downside deviation of 3.79, and Risk Adjusted Performance of 0.1605 to evaluate company specific risk that cannot be diversified away.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 2.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 418.6 M. Loongson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Loongson |
Sharpe Ratio = 0.2195
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688047 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.36 actual daily | 47 53% of assets are more volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Loongson Technology is performing at about 17% 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 Loongson Technology by adding it to a well-diversified portfolio.
Price Book 19.9185 | Enterprise Value Ebitda (111.37) | Price Sales 158.0398 | Shares Float 120.2 M | Wall Street Target Price 120 |
Loongson Technology Valuation on October 31, 2024
It is possible to determine the worth of Loongson Technology on a given historical date. On October 31, 2024 Loongson was worth 134.25 at the beginning of the trading date compared to the closed value of 137.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Loongson Technology stock. Still, in general, we apply an absolute valuation method to find Loongson Technology'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 Loongson Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Loongson Technology's related companies.
| Open | High | Low | Close | Volume | |
| 136.21 | 137.49 | 131.69 | 134.15 | 5,799,672 | |
10/31/2024 | 134.25 | 139.62 | 134.21 | 137.62 | 5,846,396 |
| 136.28 | 137.40 | 127.00 | 127.82 | 5,678,268 |
| Backtest Loongson Technology | | | Loongson Technology History | | | Loongson Technology Valuation | Previous | Next |
Loongson Technology Trading Date Momentum on October 31, 2024
| On November 01 2024 Loongson Technology Corp was traded for 127.82 at the closing time. The highest price during the trading period was 137.40 and the lowest recorded bid was listed for 127.00 . The volume for the day was 5.7 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 7.12% . The trading delta at closing time to the current price is 4.93% . |
Loongson Technology Corp Fundamentals Correlations and Trends
By evaluating Loongson Technology'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 Loongson Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Loongson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Loongson Technology Stock history
Loongson Technology 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 Loongson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Loongson Technology Corp 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 Loongson Technology stock prices may prove useful in developing a viable investing in Loongson Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 461.1 M | 418.6 M |
Loongson Technology Quarterly Net Working Capital |
|
Loongson Technology Stock Technical Analysis
Loongson Technology 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
Loongson Technology Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Loongson Technology Corp 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.
Loongson Technology November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Loongson Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Loongson Technology shares will generate the highest return on investment. By undertsting and applying Loongson Technology stock market strength indicators, traders can identify Loongson Technology Corp entry and exit signals to maximize returns
Loongson Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Loongson Technology's price direction in advance. Along with the technical and fundamental analysis of Loongson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Loongson 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 | 0.1605 | |||
| Jensen Alpha | 0.8784 | |||
| Total Risk Alpha | 0.1552 | |||
| Sortino Ratio | 0.2356 | |||
| Treynor Ratio | 0.9112 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Loongson Stock analysis
When running Loongson Technology's price analysis, check to measure Loongson Technology'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 Loongson Technology is operating at the current time. Most of Loongson Technology's value examination focuses on studying past and present price action to predict the probability of Loongson Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loongson Technology's price. Additionally, you may evaluate how the addition of Loongson Technology to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |