Lingotes (Spain) Price on March 17, 2023
LGT Stock | EUR 6.70 0.14 2.13% |
If you're considering investing in Lingotes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lingotes stands at 6.70, as last reported on the 30th of November, with the highest price reaching 6.72 and the lowest price hitting 6.50 during the day. Lingotes has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Lingotes exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lingotes' Mean Deviation of 1.02, standard deviation of 1.5, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Lingotes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lingotes |
Sharpe Ratio = -0.1077
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | LGT |
Estimated Market Risk
1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lingotes 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 Lingotes by adding Lingotes to a well-diversified portfolio.
Lingotes Valuation on March 17, 2023
It is possible to determine the worth of Lingotes on a given historical date. On March 17, 2023 Lingotes was worth 6.8 at the beginning of the trading date compared to the closed value of 7.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lingotes stock. Still, in general, we apply an absolute valuation method to find Lingotes' 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 Lingotes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lingotes' related companies.
Open | High | Low | Close | Volume | |
6.76 | 7.02 | 6.74 | 7.00 | 3,439 | |
03/17/2023 | 6.80 | 7.17 | 6.80 | 7.15 | 2,058 |
6.74 | 7.15 | 6.74 | 7.15 | 56.00 |
Backtest Lingotes | | | Lingotes History | | | Lingotes Valuation | Previous | Next |
Lingotes Trading Date Momentum on March 17, 2023
On March 20 2023 Lingotes was traded for 7.15 at the closing time. The maximum traded price for the trading interval was 7.15 and the lowest daily price was 6.74 . The daily volume was recorded at 56.0. The volume of trading on 20th of March 2023 did not cause price change. The trading delta at closing time to the closing price today is 3.08% . |
Lingotes Fundamentals Correlations and Trends
By evaluating Lingotes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lingotes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lingotes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lingotes Stock history
Lingotes 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 Lingotes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lingotes 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 Lingotes stock prices may prove useful in developing a viable investing in Lingotes
Lingotes Especiales, S.A. engages in the designing, development, casting, machining, and assembly of grey and ductile iron components primarily for the automotion, electrical appliances, and civil engineering in Spain. The company was founded in 1968 and is headquartered in Valladolid, Spain. LINGOTES ESPECIALES operates under Industrial Metals Minerals classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 586 people.
Lingotes Stock Technical Analysis
Lingotes 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
Lingotes Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Lingotes cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Lingotes November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Lingotes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lingotes shares will generate the highest return on investment. By undertsting and applying Lingotes stock market strength indicators, traders can identify Lingotes entry and exit signals to maximize returns
Lingotes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lingotes' price direction in advance. Along with the technical and fundamental analysis of Lingotes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lingotes 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 | (0.06) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (2.51) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Lingotes Stock analysis
When running Lingotes' price analysis, check to measure Lingotes' 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 Lingotes is operating at the current time. Most of Lingotes' value examination focuses on studying past and present price action to predict the probability of Lingotes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lingotes' price. Additionally, you may evaluate how the addition of Lingotes to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |