Lenz Therapeutics Stock Price on October 21, 2024
| LENZ Stock | 37.30 1.05 2.90% |
If you're considering investing in LENZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of LENZ Therapeutics stands at 37.30, as last reported on the 28th of November, with the highest price reaching 38.77 and the lowest price hitting 35.94 during the day. LENZ Therapeutics appears to be not too volatile, given 3 months investment horizon. LENZ Therapeutics has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of volatility over the last 3 months. By evaluating LENZ Therapeutics' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise LENZ Therapeutics' mean deviation of 3.38, and Risk Adjusted Performance of 0.1597 to check out if our risk estimates are consistent with your expectations.
At this time, LENZ Therapeutics' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 205.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6.5 M in 2024. . At this time, LENZ Therapeutics' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 0.58 in 2024, whereas Price To Sales Ratio is likely to drop 6.57 in 2024. LENZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LENZ |
Sharpe Ratio = 0.1811
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Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average LENZ Therapeutics is performing at about 14% 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 LENZ Therapeutics by adding it to a well-diversified portfolio.
Price Book 3.1126 | Book Value 7.464 | Enterprise Value 406.1 M | Enterprise Value Ebitda (7.99) | Shares Float 12.5 M |
LENZ Therapeutics Main Headline on 21st of October 2024
Why LENZ Therapeutics Stock Hit A New 52-Week High Today by benzinga.com
Lenz Therapeutics shares hit a new 52-week high during Mondays session. The company announced the FDA accepted its new drug application.
LENZ Therapeutics Valuation on October 21, 2024
It is possible to determine the worth of LENZ Therapeutics on a given historical date. On October 21, 2024 LENZ was worth 30.06 at the beginning of the trading date compared to the closed value of 27.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LENZ Therapeutics stock. Still, in general, we apply an absolute valuation method to find LENZ Therapeutics' 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 LENZ Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LENZ Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 26.20 | 28.00 | 25.89 | 27.99 | 102,130 | |
10/21/2024 | 30.06 | 31.00 | 27.07 | 27.19 | 316,037 |
| 26.95 | 27.10 | 23.71 | 24.67 | 209,082 |
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LENZ Therapeutics Trading Date Momentum on October 21, 2024
| On October 22 2024 LENZ Therapeutics was traded for 24.67 at the closing time. The top price for the day was 27.10 and the lowest listed price was 23.71 . The trading volume for the day was 209.1 K. The trading history from October 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.27% . The trading delta at closing time against the current closing price is 0.88% . |
LENZ Therapeutics Fundamentals Correlations and Trends
By evaluating LENZ Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LENZ Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LENZ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LENZ Therapeutics Stock history
LENZ Therapeutics 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 LENZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LENZ Therapeutics 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 LENZ Therapeutics stock prices may prove useful in developing a viable investing in LENZ Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.1 M | 6.5 M |
LENZ Therapeutics Quarterly Net Working Capital |
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LENZ Therapeutics Stock Technical Analysis
LENZ Therapeutics 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
LENZ Therapeutics Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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LENZ Therapeutics November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how LENZ Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LENZ Therapeutics shares will generate the highest return on investment. By undertsting and applying LENZ Therapeutics stock market strength indicators, traders can identify LENZ Therapeutics entry and exit signals to maximize returns
LENZ Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LENZ Therapeutics' price direction in advance. Along with the technical and fundamental analysis of LENZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LENZ 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 | 0.1597 | |||
| Jensen Alpha | 0.6036 | |||
| Total Risk Alpha | 0.2055 | |||
| Sortino Ratio | 0.1823 | |||
| Treynor Ratio | 0.3543 |
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Additional Tools for LENZ Stock Analysis
When running LENZ Therapeutics' price analysis, check to measure LENZ Therapeutics' 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 LENZ Therapeutics is operating at the current time. Most of LENZ Therapeutics' value examination focuses on studying past and present price action to predict the probability of LENZ Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENZ Therapeutics' price. Additionally, you may evaluate how the addition of LENZ Therapeutics to your portfolios can decrease your overall portfolio volatility.