Laser Photonics Stock Price on October 29, 2024
| LASE Stock | 5.61 0.42 6.97% |
If you're considering investing in Laser Stock, it is important to understand the factors that can impact its price. As of today, the current price of Laser Photonics stands at 5.61, as last reported on the 29th of November, with the highest price reaching 6.18 and the lowest price hitting 5.48 during the day. Laser Photonics is dangerous given 3 months investment horizon. Laser Photonics 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. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 2.56% are justified by taking the suggested risk. Use Laser Photonics Mean Deviation of 12.09, downside deviation of 15.55, and Risk Adjusted Performance of 0.1047 to evaluate company specific risk that cannot be diversified away.
Laser Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Laser |
Sharpe Ratio = 0.1282
| Best Portfolio | Best Equity | |||
| Good Returns | LASE | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 19.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.56 actual daily | 51 51% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Laser Photonics is performing at about 10% 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 Laser Photonics by adding it to a well-diversified portfolio.
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Laser Photonics Valuation on October 29, 2024
It is possible to determine the worth of Laser Photonics on a given historical date. On October 29, 2024 Laser was worth 5.3 at the beginning of the trading date compared to the closed value of 5.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laser Photonics stock. Still, in general, we apply an absolute valuation method to find Laser Photonics' 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 Laser Photonics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laser Photonics' related companies.
| Open | High | Low | Close | Volume | |
| 5.79 | 5.80 | 5.10 | 5.29 | 1,031,946 | |
10/29/2024 | 5.30 | 5.47 | 5.12 | 5.19 | 434,864 |
| 5.19 | 5.41 | 4.93 | 5.22 | 440,525 |
| Backtest Laser Photonics | | | Laser Photonics History | | | Laser Photonics Valuation | Previous | Next |
Laser Photonics Trading Date Momentum on October 29, 2024
| On October 30 2024 Laser Photonics was traded for 5.22 at the closing time. The top price for the day was 5.41 and the lowest listed price was 4.93 . The trading volume for the day was 440.5 K. The trading history from October 30, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.58% . The trading delta at closing time against the current closing price is 7.71% . |
Laser Photonics Fundamentals Correlations and Trends
By evaluating Laser Photonics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Laser Photonics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laser financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Laser Photonics Stock history
Laser Photonics 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 Laser is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laser Photonics 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 Laser Photonics stock prices may prove useful in developing a viable investing in Laser Photonics
Laser Photonics Stock Technical Analysis
Laser Photonics 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
Laser Photonics Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Laser Photonics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Laser Photonics November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Laser Photonics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laser Photonics shares will generate the highest return on investment. By undertsting and applying Laser Photonics stock market strength indicators, traders can identify Laser Photonics entry and exit signals to maximize returns
Laser Photonics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Laser Photonics' price direction in advance. Along with the technical and fundamental analysis of Laser Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laser 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 | 0.1047 | |||
| Jensen Alpha | 2.67 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.1504 | |||
| Treynor Ratio | (1.31) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Laser Stock analysis
When running Laser Photonics' price analysis, check to measure Laser Photonics' 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 Laser Photonics is operating at the current time. Most of Laser Photonics' value examination focuses on studying past and present price action to predict the probability of Laser Photonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laser Photonics' price. Additionally, you may evaluate how the addition of Laser Photonics to your portfolios can decrease your overall portfolio volatility.
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