Lightwave Logic Stock Price on February 23, 2024

LWLG Stock  USD 1.97  0.68  25.66%   
Below is the normalized historical share price chart for Lightwave Logic extending back to January 14, 1998. 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 Lightwave Logic stands at 1.97, as last reported on the 11th of December 2024, with the highest price reaching 2.71 and the lowest price hitting 1.76 during the day.
IPO Date
16th of January 1998
200 Day MA
3.3704
50 Day MA
3.1014
Beta
2.019
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Lightwave Stock, it is important to understand the factors that can impact its price. Lightwave Logic has Sharpe Ratio of -0.0359, which conveys that the firm had a -0.0359% return per unit of risk over the last 3 months. Lightwave Logic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lightwave Logic's Standard Deviation of 6.43, risk adjusted performance of (0.01), and Mean Deviation of 4.49 to check out the risk estimate we provide.
  
At this time, Lightwave Logic's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Stock Based Compensation is estimated to increase to about 6.8 M, while Common Stock is projected to decrease to roughly 71.1 K. . At this time, Lightwave Logic's Price To Sales Ratio is most likely to decrease significantly in the upcoming years. The Lightwave Logic's current Price Sales Ratio is estimated to increase to about 18.4 K, while Price Earnings Ratio is projected to decrease to (28.70). Lightwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0359

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Estimated Market Risk

 6.52
  actual daily
58
58% of assets are less volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Lightwave Logic 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 Lightwave Logic by adding Lightwave Logic to a well-diversified portfolio.
Price Book
9.6885
Enterprise Value Ebitda
(23.12)
Price Sales
2.1 K
Shares Float
121.6 M
Wall Street Target Price
2.71

Related Headline

Innospec Headline on 23rd of February 2024

Filed transaction by Innospec Officer: President & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Lightwave Logic Valuation on February 23, 2024

It is possible to determine the worth of Lightwave Logic on a given historical date. On February 23, 2024 Lightwave was worth 4.25 at the beginning of the trading date compared to the closed value of 4.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lightwave Logic stock. Still, in general, we apply an absolute valuation method to find Lightwave Logic'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 Lightwave Logic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lightwave Logic's related companies.
 Open High Low Close Volume
  4.56    4.56    4.24    4.25    537,136  
02/23/2024
  4.25    4.34    4.15    4.21    410,005  
  4.26    4.32    4.17    4.22    460,869  
Backtest Lightwave Logic  |  Lightwave Logic History  |  Lightwave Logic Valuation   PreviousNext  
Open Value
4.25
4.21
Closing Value
23.81
Upside

Lightwave Logic Trading Date Momentum on February 23, 2024

On February 26 2024 Lightwave Logic was traded for  4.22  at the closing time. The top price for the day was 4.32  and the lowest listed price was  4.17 . The trading volume for the day was 460.9 K. The trading history from February 26, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 2.85% .

Lightwave Logic Fundamentals Correlations and Trends

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

About Lightwave Logic Stock history

Lightwave Logic 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 Lightwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lightwave Logic 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 Lightwave Logic stock prices may prove useful in developing a viable investing in Lightwave Logic
Last ReportedProjected for Next Year
Common Stock Shares Outstanding115.5 M68.4 M
Net Loss-15.5 M-14.7 M

Lightwave Logic Quarterly Net Working Capital

26.35 Million

Lightwave Logic Stock Technical Analysis

Lightwave Logic 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.
A focus of Lightwave Logic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lightwave Logic 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

Lightwave Logic Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Lightwave Logic 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.

Lightwave Logic December 11, 2024 Market Strength

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

Lightwave Logic Technical and Predictive Indicators

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

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