Loblaw Companies (Germany) Price on August 15, 2023
| L8G Stock | EUR 121.00 1.00 0.83% |
If you're considering investing in Loblaw Stock, it is important to understand the factors that can impact its price. As of today, the current price of Loblaw Companies stands at 121.00, as last reported on the 24th of November, with the highest price reaching 121.00 and the lowest price hitting 121.00 during the day. At this point, Loblaw Companies is very steady. Loblaw Companies has Sharpe Ratio of 0.066, which conveys that the firm had a 0.066% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Loblaw Companies, which you can use to evaluate the volatility of the firm. Please verify Loblaw Companies' Risk Adjusted Performance of 0.0621, mean deviation of 0.991, and Downside Deviation of 2.09 to check out if the risk estimate we provide is consistent with the expected return of 0.0945%.
Loblaw Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Loblaw |
Sharpe Ratio = 0.066
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | L8G | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Loblaw Companies is performing at about 5% 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 Loblaw Companies by adding it to a well-diversified portfolio.
Loblaw Companies Valuation on August 15, 2023
It is possible to determine the worth of Loblaw Companies on a given historical date. On August 15, 2023 Loblaw was worth 78.07 at the beginning of the trading date compared to the closed value of 77.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Loblaw Companies stock. Still, in general, we apply an absolute valuation method to find Loblaw Companies' 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 Loblaw Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Loblaw Companies' related companies.
| Open | High | Low | Close | Volume | |
| 78.07 | 78.07 | 78.07 | 78.07 | 1.00 | |
08/15/2023 | 78.07 | 78.07 | 77.10 | 77.10 | 1.00 |
| 76.61 | 76.61 | 76.61 | 76.61 | 1.00 |
| Backtest Loblaw Companies | | | Loblaw Companies History | | | Loblaw Companies Valuation | Previous | Next |
Loblaw Companies Trading Date Momentum on August 15, 2023
| On August 16 2023 Loblaw Companies Limited was traded for 76.61 at the closing time. The highest daily price throughout the period was 76.61 and the lowest price was 76.61 . There was no trading activity during the period 1.0. Lack of trading volume on 08/16/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.64% . The trading delta at closing time to current closing price is 0.64% . |
Loblaw Companies Fundamentals Correlations and Trends
By evaluating Loblaw Companies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Loblaw Companies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Loblaw financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Loblaw Companies Stock history
Loblaw Companies 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 Loblaw is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Loblaw Companies 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 Loblaw Companies stock prices may prove useful in developing a viable investing in Loblaw Companies
Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses in Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited. LOBLAW COS operates under Grocery Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 200000 people.
Loblaw Companies Stock Technical Analysis
Loblaw Companies 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
Loblaw Companies Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Loblaw Companies Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Loblaw Companies November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Loblaw Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Loblaw Companies shares will generate the highest return on investment. By undertsting and applying Loblaw Companies stock market strength indicators, traders can identify Loblaw Companies Limited entry and exit signals to maximize returns
Loblaw Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Loblaw Companies' price direction in advance. Along with the technical and fundamental analysis of Loblaw Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Loblaw 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 | 0.0621 | |||
| Jensen Alpha | 0.0178 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.148 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Loblaw Stock analysis
When running Loblaw Companies' price analysis, check to measure Loblaw Companies' 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 Loblaw Companies is operating at the current time. Most of Loblaw Companies' value examination focuses on studying past and present price action to predict the probability of Loblaw Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loblaw Companies' price. Additionally, you may evaluate how the addition of Loblaw Companies to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |