LumenRadio (Sweden) Price on February 23, 2024
| LUMEN Stock | 102.20 0.60 0.58% |
If you're considering investing in LumenRadio Stock, it is important to understand the factors that can impact its price. As of today, the current price of LumenRadio stands at 102.20, as last reported on the 2nd of December, with the highest price reaching 104.80 and the lowest price hitting 101.40 during the day. LumenRadio AB has Sharpe Ratio of -0.0568, which conveys that the firm had a -0.0568% return per unit of risk over the last 3 months. LumenRadio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LumenRadio's Mean Deviation of 1.31, standard deviation of 1.88, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
LumenRadio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LumenRadio |
Sharpe Ratio = -0.0568
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| Negative Returns | LUMEN |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LumenRadio 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 LumenRadio by adding LumenRadio to a well-diversified portfolio.
LumenRadio Valuation on February 23, 2024
It is possible to determine the worth of LumenRadio on a given historical date. On February 23, 2024 LumenRadio was worth 111.6 at the beginning of the trading date compared to the closed value of 112.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LumenRadio stock. Still, in general, we apply an absolute valuation method to find LumenRadio'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 LumenRadio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LumenRadio's related companies.
| Open | High | Low | Close | Volume | |
| 105.00 | 118.60 | 88.00 | 112.00 | 223,992 | |
02/23/2024 | 111.60 | 120.20 | 105.20 | 112.20 | 35,055 |
| 112.20 | 113.20 | 105.00 | 107.00 | 20,427 |
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LumenRadio Trading Date Momentum on February 23, 2024
| On February 26 2024 LumenRadio AB was traded for 107.00 at the closing time. The highest price during the trading period was 113.20 and the lowest recorded bid was listed for 105.00 . The volume for the day was 20.4 K. This history from February 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.63% . The trading delta at closing time to the current price is 3.03% . |
LumenRadio AB Fundamentals Correlations and Trends
By evaluating LumenRadio'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 LumenRadio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LumenRadio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LumenRadio Stock history
LumenRadio 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 LumenRadio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LumenRadio AB 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 LumenRadio stock prices may prove useful in developing a viable investing in LumenRadio
LumenRadio Stock Technical Analysis
LumenRadio 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
LumenRadio Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
LumenRadio AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
LumenRadio December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how LumenRadio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LumenRadio shares will generate the highest return on investment. By undertsting and applying LumenRadio stock market strength indicators, traders can identify LumenRadio AB entry and exit signals to maximize returns
LumenRadio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LumenRadio's price direction in advance. Along with the technical and fundamental analysis of LumenRadio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LumenRadio 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (47.11) |
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Additional Tools for LumenRadio Stock Analysis
When running LumenRadio's price analysis, check to measure LumenRadio'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 LumenRadio is operating at the current time. Most of LumenRadio's value examination focuses on studying past and present price action to predict the probability of LumenRadio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LumenRadio's price. Additionally, you may evaluate how the addition of LumenRadio to your portfolios can decrease your overall portfolio volatility.