Lear Corporation Stock Price on December 31, 2023

LEA Stock  USD 97.25  0.45  0.46%   
If you're considering investing in Lear Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lear stands at 97.25, as last reported on the 28th of November, with the highest price reaching 98.72 and the lowest price hitting 96.72 during the day. Lear 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. Lear exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lear's Mean Deviation of 1.51, standard deviation of 1.97, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide.
  
Lear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1286

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Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Lear 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 Lear by adding Lear to a well-diversified portfolio.

Lear Valuation on December 31, 2023

It is possible to determine the worth of Lear on a given historical date. On December 31, 2023 Lear was worth 139.49 at the beginning of the trading date compared to the closed value of 138.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lear stock. Still, in general, we apply an absolute valuation method to find Lear'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 Lear where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lear's related companies.
 Open High Low Close Volume
  138.41    139.87    138.41    139.17    253,400  
12/29/2023
  139.49    139.63    138.19    138.62    256,400  
  138.38    141.30    137.66    139.19    443,300  
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Open Value
139.49
133.57
Downside
138.62
Closing Value
145.41
Upside

Lear Trading Date Momentum on December 31, 2023

On January 02 2024 Lear Corporation was traded for  139.19  at the closing time. Highest Lear's price during the trading hours was 141.30  and the lowest price during the day was  137.66 . The net volume was 443.3 K. The overall trading history on the 2nd of January contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.41% . The trading delta at closing time to current price is 4.21% .

Lear Fundamentals Correlations and Trends

By evaluating Lear'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 Lear's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lear financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lear Stock history

Lear 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 Lear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lear 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 Lear stock prices may prove useful in developing a viable investing in Lear
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan. Lear Corp operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 160100 people.

Lear Stock Technical Analysis

Lear 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.
A focus of Lear technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lear trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Lear Period Price Range

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November 28, 2024
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Lear Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Lear November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Lear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lear shares will generate the highest return on investment. By undertsting and applying Lear stock market strength indicators, traders can identify Lear Corporation entry and exit signals to maximize returns

Lear Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lear's price direction in advance. Along with the technical and fundamental analysis of Lear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lear 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.

Complementary Tools for Lear Stock analysis

When running Lear's price analysis, check to measure Lear'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 Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.
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