Luokung Technology Corp Stock Price on May 21, 2024
| LKCO Stock | USD 1.77 0.05 2.75% |
Below is the normalized historical share price chart for Luokung Technology Corp extending back to January 08, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Luokung Technology stands at 1.77, as last reported on the 12th of December 2024, with the highest price reaching 1.85 and the lowest price hitting 1.75 during the day.
If you're considering investing in Luokung Stock, it is important to understand the factors that can impact its price. Luokung Technology Corp has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Luokung Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luokung Technology's Mean Deviation of 5.43, risk adjusted performance of (0.09), and Standard Deviation of 7.71 to check out the risk estimate we provide.
At this time, Luokung Technology's Stock Based Compensation To Revenue is very stable compared to the past year. . As of the 12th of December 2024, Price To Sales Ratio is likely to drop to 0.82. In addition to that, Price Earnings Ratio is likely to drop to -0.05. Luokung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of August 2018 | 200 Day MA 4.2116 | 50 Day MA 1.9465 | Beta 0.868 |
Luokung |
Sharpe Ratio = -0.1699
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| Negative Returns | LKCO |
Estimated Market Risk
| 7.72 actual daily | 68 68% of assets are less volatile |
Expected Return
| -1.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Luokung Technology 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 Luokung Technology by adding Luokung Technology to a well-diversified portfolio.
Price Book 0.0631 | Enterprise Value Ebitda (0.46) | Price Sales 0.4219 | Shares Float 2.4 M | Earnings Share (630.28) |
Luokung Technology Valuation on May 21, 2024
It is possible to determine the worth of Luokung Technology on a given historical date. On May 21, 2024 Luokung was worth 5.44 at the beginning of the trading date compared to the closed value of 5.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luokung Technology stock. Still, in general, we apply an absolute valuation method to find Luokung Technology'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 Luokung Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luokung Technology's related companies.
| Open | High | Low | Close | Volume | |
| 4.60 | 5.36 | 4.60 | 5.28 | 20,401 | |
05/21/2024 | 5.44 | 5.44 | 5.12 | 5.42 | 6,282 |
| 5.39 | 5.44 | 5.36 | 5.36 | 7,653 |
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Luokung Technology Trading Date Momentum on May 21, 2024
| On May 22 2024 Luokung Technology Corp was traded for 5.36 at the closing time. The top price for the day was 5.44 and the lowest listed price was 5.36 . The trading volume for the day was 7.7 K. The trading history from May 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.11% . The trading delta at closing time against the current closing price is 9.04% . |
Luokung Technology Corp Fundamentals Correlations and Trends
By evaluating Luokung Technology'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 Luokung Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luokung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luokung Technology Stock history
Luokung Technology 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 Luokung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luokung Technology Corp 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 Luokung Technology stock prices may prove useful in developing a viable investing in Luokung Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2 M | 1.3 M | |
| Net Loss | -47.3 M | -44.9 M |
Luokung Technology Stock Technical Analysis
Luokung Technology 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
Luokung Technology Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Luokung Technology Corp 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.
Luokung Technology December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Luokung Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luokung Technology shares will generate the highest return on investment. By undertsting and applying Luokung Technology stock market strength indicators, traders can identify Luokung Technology Corp entry and exit signals to maximize returns
Luokung Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luokung Technology's price direction in advance. Along with the technical and fundamental analysis of Luokung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luokung 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 | (0.09) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (2.15) | |||
| Treynor Ratio | 0.3797 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luokung Technology. If investors know Luokung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (630.28) | Revenue Per Share 4.604 | Quarterly Revenue Growth (0.87) | Return On Assets (0.44) | Return On Equity (4.47) |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.