Loncor Resources Stock Price on April 5, 2024
| LN Stock | CAD 0.46 0.01 2.22% |
Below is the normalized historical share price chart for Loncor Resources extending back to December 30, 2008. 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 Loncor Resources stands at 0.46, as last reported on the 2nd of December, with the highest price reaching 0.46 and the lowest price hitting 0.44 during the day.
If you're considering investing in Loncor Stock, it is important to understand the factors that can impact its price. Loncor Resources appears to be abnormally volatile, given 3 months investment horizon. Loncor Resources has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Loncor Resources, which you can use to evaluate the volatility of the firm. Please exercise Loncor Resources' Downside Deviation of 3.06, risk adjusted performance of 0.1035, and Mean Deviation of 2.15 to check out if our risk estimates are consistent with your expectations.
At this time, Loncor Resources' Total Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 159 M, while Liabilities And Stockholders Equity is likely to drop about 24.2 M. . At this time, Loncor Resources' Price To Sales Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price Sales Ratio is likely to grow to about 32.9 K, while Price Earnings Ratio is likely to drop (2.03). Loncor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.391 | 50 Day MA 0.4395 | Beta 1.139 |
Loncor |
Sharpe Ratio = 0.1289
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Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Loncor Resources is performing at about 10% 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 Loncor Resources by adding it to a well-diversified portfolio.
Price Book 2.5076 | Book Value 0.141 | Enterprise Value 69 M | Enterprise Value Ebitda (14.63) | Shares Float 87.7 M |
Loncor Resources Valuation on April 5, 2024
It is possible to determine the worth of Loncor Resources on a given historical date. On April 5, 2024 Loncor was worth 0.35 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Loncor Resources stock. Still, in general, we apply an absolute valuation method to find Loncor Resources' 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 Loncor Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Loncor Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.35 | 0.35 | 0.35 | 0.35 | 21,500 | |
04/05/2024 | 0.35 | 0.39 | 0.35 | 0.37 | 28,500 |
| 0.41 | 0.41 | 0.37 | 0.38 | 37,800 |
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Loncor Resources Trading Date Momentum on April 5, 2024
| On April 08 2024 Loncor Resources was traded for 0.38 at the closing time. The highest daily price throughout the period was 0.41 and the lowest price was 0.37 . The daily volume was 37.8 K. The net trading volume on 04/08/2024 added to the next day price boost. The trading delta at closing time to closing price of the next trading day was 2.70% . The trading delta at closing time to current closing price is 5.41% . |
Loncor Resources Fundamentals Correlations and Trends
By evaluating Loncor Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Loncor Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Loncor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Loncor Resources Stock history
Loncor Resources 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 Loncor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Loncor Resources 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 Loncor Resources stock prices may prove useful in developing a viable investing in Loncor Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 151.5 M | 159 M | |
| Net Loss | -3.4 M | -3.5 M |
Loncor Resources Stock Technical Analysis
Loncor Resources 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
Loncor Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Loncor Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Loncor Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Loncor Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Loncor Resources shares will generate the highest return on investment. By undertsting and applying Loncor Resources stock market strength indicators, traders can identify Loncor Resources entry and exit signals to maximize returns
Loncor Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Loncor Resources' price direction in advance. Along with the technical and fundamental analysis of Loncor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Loncor 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 | 0.1035 | |||
| Jensen Alpha | 0.4196 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | (0.82) |
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Other Information on Investing in Loncor Stock
Loncor Resources financial ratios help investors to determine whether Loncor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loncor with respect to the benefits of owning Loncor Resources security.