Lgi Homes Stock Price on June 25, 2024
LGIH Stock | USD 110.12 0.63 0.58% |
If you're considering investing in LGI Stock, it is important to understand the factors that can impact its price. As of today, the current price of LGI Homes stands at 110.12, as last reported on the 3rd of December, with the highest price reaching 110.92 and the lowest price hitting 107.81 during the day. LGI Homes is very steady at the moment. LGI Homes has Sharpe Ratio of 0.0504, which conveys that the firm had a 0.0504% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for LGI Homes, which you can use to evaluate the volatility of the firm. Please verify LGI Homes' risk adjusted performance of 0.0452, and Mean Deviation of 1.68 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
LGI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LGI |
Sharpe Ratio = 0.0504
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Estimated Market Risk
2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average LGI Homes is performing at about 3% 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 LGI Homes by adding it to a well-diversified portfolio.
LGI Homes Valuation on June 25, 2024
It is possible to determine the worth of LGI Homes on a given historical date. On June 25, 2024 LGI was worth 91.23 at the beginning of the trading date compared to the closed value of 88.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LGI Homes stock. Still, in general, we apply an absolute valuation method to find LGI Homes' 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 LGI Homes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LGI Homes' related companies.
Open | High | Low | Close | Volume | |
90.64 | 92.41 | 89.17 | 91.38 | 254,971 | |
06/25/2024 | 91.23 | 91.23 | 87.75 | 88.09 | 222,687 |
87.87 | 89.42 | 87.77 | 88.61 | 153,508 |
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LGI Homes Trading Date Momentum on June 25, 2024
On June 26 2024 LGI Homes was traded for 88.61 at the closing time. The top price for the day was 89.42 and the lowest listed price was 87.77 . The trading volume for the day was 153.5 K. The trading history from June 26, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.59% . The trading delta at closing time against the current closing price is 0.67% . |
LGI Homes Fundamentals Correlations and Trends
By evaluating LGI Homes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LGI Homes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LGI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LGI Homes Stock history
LGI Homes 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 LGI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LGI Homes 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 LGI Homes stock prices may prove useful in developing a viable investing in LGI Homes
It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name and luxury series homes under the Terrata Homes brand name. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas. LGI Homes operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.
LGI Homes Stock Technical Analysis
LGI Homes 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
LGI Homes Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
LGI Homes 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.
LGI Homes December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how LGI Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LGI Homes shares will generate the highest return on investment. By undertsting and applying LGI Homes stock market strength indicators, traders can identify LGI Homes entry and exit signals to maximize returns
LGI Homes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LGI Homes' price direction in advance. Along with the technical and fundamental analysis of LGI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LGI 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 | 0.0452 | |||
Jensen Alpha | 0.0061 | |||
Total Risk Alpha | (0.24) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.1212 |
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Volume Indicators |
Complementary Tools for LGI Stock analysis
When running LGI Homes' price analysis, check to measure LGI Homes' 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 LGI Homes is operating at the current time. Most of LGI Homes' value examination focuses on studying past and present price action to predict the probability of LGI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI Homes' price. Additionally, you may evaluate how the addition of LGI Homes to your portfolios can decrease your overall portfolio volatility.
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