Light SA (Brazil) Price on July 8, 2024
LIGT3 Stock | BRL 4.41 0.07 1.61% |
If you're considering investing in Light Stock, it is important to understand the factors that can impact its price. As of today, the current price of Light SA stands at 4.41, as last reported on the 11th of December 2024, with the highest price reaching 4.44 and the lowest price hitting 4.31 during the day. Light SA has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Light SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Light SA's Standard Deviation of 4.36, risk adjusted performance of (0.12), and Mean Deviation of 2.24 to check out the risk estimate we provide.
Light Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Light |
Sharpe Ratio = -0.1784
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Estimated Market Risk
4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
-0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Light SA 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 Light SA by adding Light SA to a well-diversified portfolio.
Light SA Valuation on July 8, 2024
It is possible to determine the worth of Light SA on a given historical date. On July 8, 2024 Light was worth 4.96 at the beginning of the trading date compared to the closed value of 5.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Light SA stock. Still, in general, we apply an absolute valuation method to find Light SA'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 Light SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Light SA's related companies.
Open | High | Low | Close | Volume | |
5.02 | 5.08 | 4.94 | 5.02 | 1,403,200 | |
07/08/2024 | 4.96 | 5.07 | 4.96 | 5.03 | 346,100 |
4.98 | 5.16 | 4.98 | 5.05 | 509,800 |
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Light SA Trading Date Momentum on July 8, 2024
On July 09 2024 Light SA was traded for 5.05 at the closing time. The highest price during the trading period was 5.16 and the lowest recorded bid was listed for 4.98 . The volume for the day was 509.8 K. This history from July 9, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 2.78% . |
Light SA Fundamentals Correlations and Trends
By evaluating Light SA'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 Light SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Light financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Light SA Stock history
Light SA 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 Light is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Light SA 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 Light SA stock prices may prove useful in developing a viable investing in Light SA
Light S.A., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company was founded in 1899 and is headquartered in Rio de Janeiro, Brazil. LIGHT SA operates under Utilities - Independent Power Producers classification in Brazil and is traded on Sao Paolo Stock Exchange.
Light SA Stock Technical Analysis
Light SA 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
Light SA Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Light SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Light SA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Light SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Light SA shares will generate the highest return on investment. By undertsting and applying Light SA stock market strength indicators, traders can identify Light SA entry and exit signals to maximize returns
Light SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Light SA's price direction in advance. Along with the technical and fundamental analysis of Light Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Light 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 | (0.12) | |||
Jensen Alpha | (0.84) | |||
Total Risk Alpha | (1.49) | |||
Treynor Ratio | (2.35) |
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Additional Tools for Light Stock Analysis
When running Light SA's price analysis, check to measure Light SA'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 Light SA is operating at the current time. Most of Light SA's value examination focuses on studying past and present price action to predict the probability of Light SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light SA's price. Additionally, you may evaluate how the addition of Light SA to your portfolios can decrease your overall portfolio volatility.