Linamar Stock Price on August 9, 2024

LIMAF Stock  USD 45.47  1.29  2.92%   
If you're considering investing in Linamar Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Linamar stands at 45.47, as last reported on the 26th of November, with the highest price reaching 45.47 and the lowest price hitting 44.18 during the day. Linamar has Sharpe Ratio of -0.0282, which conveys that the firm had a -0.0282% return per unit of risk over the last 3 months. Linamar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Linamar's Risk Adjusted Performance of (0.02), standard deviation of 1.4, and Mean Deviation of 1.04 to check out the risk estimate we provide.
  
Linamar Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0282

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Estimated Market Risk

 1.45
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Linamar 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 Linamar by adding Linamar to a well-diversified portfolio.

Related Headline

FitLife Brands, Headline on 9th of August 2024

Filed transaction by FitLife Brands Common Director, 10 Percent Owner, Officer Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3

Linamar Valuation on August 9, 2024

It is possible to determine the worth of Linamar on a given historical date. On August 9, 2024 Linamar was worth 45.81 at the beginning of the trading date compared to the closed value of 45.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Linamar pink sheet. Still, in general, we apply an absolute valuation method to find Linamar'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 Linamar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Linamar's related companies.
 Open High Low Close Volume
  45.97    46.05    45.97    45.97    55,556  
08/09/2024
  45.81    45.81    42.84    45.76    246,417  
  44.44    44.44    43.36    43.50    21,841  
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Open Value
45.81
45.76
Closing Value
50.15
Upside

Linamar Trading Date Momentum on August 9, 2024

On August 12 2024 Linamar was traded for  43.50  at the closing time. The highest daily price throughout the period was 44.44  and the lowest price was  43.36 . The daily volume was 21.8 K. The net trading volume on 08/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.94% . The trading delta at closing time to current closing price is 0.20% .

Linamar Fundamentals Correlations and Trends

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

About Linamar Pink Sheet history

Linamar 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 Linamar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Linamar 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 Linamar stock prices may prove useful in developing a viable investing in Linamar
Linamar Corporation, together with its subsidiaries, design, develop, and produce engineered products in Canada, North America, Europe, and the Asia Pacific. Linamar Corporation was founded in 1964 and is headquartered in Guelph, Canada. LINAMAR CORP operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 26796 people.

Linamar Pink Sheet Technical Analysis

Linamar technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Linamar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Linamar 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

Linamar Period Price Range

Low
November 26, 2024
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High

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 0.00 

Linamar cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Linamar November 26, 2024 Market Strength

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

Linamar Technical and Predictive Indicators

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

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