Li Ning Co Stock Price on October 3, 2024
LNNGY Stock | USD 52.59 1.13 2.20% |
If you're considering investing in LNNGY Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Li Ning stands at 52.59, as last reported on the 1st of December, with the highest price reaching 52.66 and the lowest price hitting 50.93 during the day. Li Ning appears to be not too volatile, given 3 months investment horizon. Li Ning retains Efficiency (Sharpe Ratio) of 0.0711, which conveys that the firm had a 0.0711% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Li Ning, which you can use to evaluate the volatility of the firm. Please exercise Li Ning's Mean Deviation of 3.2, standard deviation of 4.78, and Market Risk Adjusted Performance of 0.5432 to check out if our risk estimates are consistent with your expectations.
LNNGY Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
LNNGY |
Sharpe Ratio = 0.0711
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Estimated Market Risk
4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Li Ning is performing at about 5% 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 Li Ning by adding it to a well-diversified portfolio.
Li Ning Valuation on October 3, 2024
It is possible to determine the worth of Li Ning on a given historical date. On October 3, 2024 LNNGY was worth 60.25 at the beginning of the trading date compared to the closed value of 60.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Li Ning pink sheet. Still, in general, we apply an absolute valuation method to find Li Ning'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 Li Ning where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Li Ning's related companies.
Open | High | Low | Close | Volume | |
64.43 | 65.99 | 62.55 | 64.00 | 32,300 | |
10/03/2024 | 60.25 | 61.91 | 59.45 | 60.24 | 3,700 |
60.75 | 61.18 | 60.04 | 61.18 | 8,900 |
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Li Ning Trading Date Momentum on October 3, 2024
On October 04 2024 Li Ning Co was traded for 61.18 at the closing time. The highest daily price throughout the period was 61.18 and the lowest price was 60.04 . The daily volume was 8.9 K. The net trading volume on 10/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.56% . The trading delta at closing time to current closing price is 3.62% . |
Li Ning Fundamentals Correlations and Trends
By evaluating Li Ning'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 Li Ning's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LNNGY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Li Ning Pink Sheet history
Li Ning 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 LNNGY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Li Ning 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 Li Ning stock prices may prove useful in developing a viable investing in Li Ning
Li Ning Company Limited engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the Peoples Republic of China. Li Ning Company Limited was founded in 1990 and is headquartered in Beijing, the Peoples Republic of China. Li Ning operates under Leisure classification in the United States and is traded on OTC Exchange. It employs 4591 people.
Li Ning Pink Sheet Technical Analysis
Li Ning 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.
Price Boundaries
Li Ning Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Li Ning Co 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.
Li Ning December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Li Ning 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 Li Ning shares will generate the highest return on investment. By undertsting and applying Li Ning pink sheet market strength indicators, traders can identify Li Ning Co entry and exit signals to maximize returns
Li Ning Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Li Ning's price direction in advance. Along with the technical and fundamental analysis of LNNGY Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of LNNGY 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 | 0.0684 | |||
Jensen Alpha | 0.278 | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | 0.0579 | |||
Treynor Ratio | 0.5332 |
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Additional Tools for LNNGY Pink Sheet Analysis
When running Li Ning's price analysis, check to measure Li Ning'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 Li Ning is operating at the current time. Most of Li Ning's value examination focuses on studying past and present price action to predict the probability of Li Ning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Ning's price. Additionally, you may evaluate how the addition of Li Ning to your portfolios can decrease your overall portfolio volatility.