Laser Photonics Stock Price on November 23, 2024
| LASE Stock | 6.55 0.50 8.26% |
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 6.55, as last reported on the 23rd of November, with the highest price reaching 6.68 and the lowest price hitting 6.06 during the day. Laser Photonics is dangerous given 3 months investment horizon. Laser Photonics has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.85% are justified by taking the suggested risk. Use Laser Photonics Mean Deviation of 12.56, risk adjusted performance of 0.1257, and Downside Deviation of 15.93 to evaluate company specific risk that cannot be diversified away.
At present, Laser Photonics' Common Stock is projected to increase significantly based on the last few years of reporting. . As of November 23, 2024, Price To Sales Ratio is expected to decline to 2.54. The current year's Price Earnings Ratio is expected to grow to -3.02. Laser Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Laser |
Sharpe Ratio = 0.1417
| Best Portfolio | Best Equity | |||
| Good Returns | LASE | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 20.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.85 actual daily | 56 56% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Laser Photonics is performing at about 11% 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.
Price Book 8.6228 | Enterprise Value Ebitda 28.8172 | Price Sales 22.7973 | Shares Float 8.7 M | Earnings Share (0.38) |
Laser Photonics Valuation on November 23, 2024
It is possible to determine the worth of Laser Photonics on a given historical date. On November 23, 2024 Laser was worth 6.2 at the beginning of the trading date compared to the closed value of 6.55. 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 | |
| 5.55 | 6.07 | 5.55 | 6.05 | 487,983 | |
11/22/2024 | 6.20 | 6.68 | 6.06 | 6.55 | 684,811 |
| Backtest Laser Photonics | | | Laser Photonics History | | | Laser Photonics Valuation | Previous |
Laser Photonics Trading Date Momentum on November 23, 2024
| On November 22 2024 Laser Photonics was traded for 6.55 at the closing time. The top price for the day was 6.68 and the lowest listed price was 6.06 . The trading volume for the day was 684.8 K. The trading history from November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 5.34% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.1 M | 7.6 M | |
| Net Loss | -897.7 K | -852.8 K |
Laser Photonics Quarterly Net Working Capital |
|
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 23, 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 23, 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 | 0.1257 | |||
| Jensen Alpha | 2.83 | |||
| Total Risk Alpha | 0.4234 | |||
| Sortino Ratio | 0.1834 | |||
| Treynor Ratio | 1.57 |
| Cycle Indicators | ||
| Math Operators | ||
| 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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |