Laurentian Bank Stock Price on May 6, 2024
| LB Stock | CAD 26.78 0.97 3.50% |
If you're considering investing in Laurentian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Laurentian Bank stands at 26.78, as last reported on the 28th of February, with the highest price reaching 27.38 and the lowest price hitting 26.55 during the day. Laurentian Bank has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Laurentian Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Laurentian Bank's Standard Deviation of 1.28, mean deviation of 0.8567, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Laurentian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Laurentian |
Sharpe Ratio = -0.1032
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Laurentian Bank is not performing at its full potential. However, 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 Laurentian Bank by adding Laurentian Bank to a well-diversified portfolio.
Laurentian Bank Valuation on May 6, 2024
It is possible to determine the worth of Laurentian Bank on a given historical date. On May 6, 2024 Laurentian was worth 24.76 at the beginning of the trading date compared to the closed value of 24.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laurentian Bank stock. Still, in general, we apply an absolute valuation method to find Laurentian Bank'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 Laurentian Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laurentian Bank's related companies.
| Open | High | Low | Close | Volume | |
| 24.94 | 25.02 | 24.55 | 24.68 | 92,337 | |
05/06/2024 | 24.76 | 24.96 | 24.62 | 24.91 | 92,797 |
| 24.95 | 25.13 | 24.79 | 24.90 | 56,597 |
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Laurentian Bank Trading Date Momentum on May 6, 2024
| On May 07 2024 Laurentian Bank was traded for 24.90 at the closing time. The highest daily price throughout the period was 25.13 and the lowest price was 24.79 . The daily volume was 56.6 K. The net trading volume on 05/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.04% . The trading delta at closing time to current closing price is 3.33% . |
Laurentian Bank Fundamentals Correlations and Trends
By evaluating Laurentian Bank'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 Laurentian Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laurentian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Laurentian Bank Stock history
Laurentian Bank 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 Laurentian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laurentian Bank 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 Laurentian Bank stock prices may prove useful in developing a viable investing in Laurentian Bank
Laurentian Bank of Canada, together with its subsidiaries, provides various banking services to individuals, small and medium-sized enterprises, and institutional customers in Canada and the United States. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montral, Canada. LAURENTIAN BANK operates under BanksRegional classification in Canada and is traded on Toronto Stock Exchange. It employs 2900 people.
Laurentian Bank Stock Technical Analysis
Laurentian Bank 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
Laurentian Bank Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
Laurentian Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Laurentian Bank February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Laurentian Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laurentian Bank shares will generate the highest return on investment. By undertsting and applying Laurentian Bank stock market strength indicators, traders can identify Laurentian Bank entry and exit signals to maximize returns
Laurentian Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Laurentian Bank's price direction in advance. Along with the technical and fundamental analysis of Laurentian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laurentian 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 | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.65) |
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Other Information on Investing in Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laurentian with respect to the benefits of owning Laurentian Bank security.