Lexinfintech Holdings Stock Price on March 1, 2024
| LX Stock | USD 5.07 0.17 3.47% |
If you're considering investing in Lexinfintech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lexinfintech Holdings stands at 5.07, as last reported on the 29th of November, with the highest price reaching 5.10 and the lowest price hitting 4.71 during the day. Lexinfintech Holdings is very risky given 3 months investment horizon. Lexinfintech Holdings has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.02% are justified by taking the suggested risk. Use Lexinfintech Holdings Risk Adjusted Performance of 0.2134, mean deviation of 5.06, and Downside Deviation of 5.95 to evaluate company specific risk that cannot be diversified away.
Lexinfintech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lexinfintech |
Sharpe Ratio = 0.2674
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Estimated Market Risk
| 7.54 actual daily | 67 67% of assets are less volatile |
Expected Return
| 2.02 actual daily | 40 60% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Lexinfintech Holdings is performing at about 21% 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 Lexinfintech Holdings by adding it to a well-diversified portfolio.
Lexinfintech Holdings Valuation on March 1, 2024
It is possible to determine the worth of Lexinfintech Holdings on a given historical date. On March 1, 2024 Lexinfintech was worth 1.74 at the beginning of the trading date compared to the closed value of 1.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lexinfintech Holdings stock. Still, in general, we apply an absolute valuation method to find Lexinfintech Holdings' 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 Lexinfintech Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lexinfintech Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.67 | 1.78 | 1.67 | 1.69 | 5,171,798 | |
03/01/2024 | 1.74 | 1.78 | 1.70 | 1.73 | 1,866,185 |
| 1.72 | 1.75 | 1.61 | 1.62 | 1,081,794 |
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Lexinfintech Holdings Trading Date Momentum on March 1, 2024
| On March 04 2024 Lexinfintech Holdings was traded for 1.62 at the closing time. The highest price during the trading period was 1.75 and the lowest recorded bid was listed for 1.61 . The volume for the day was 1.1 M. This history from March 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 6.36% . The trading delta at closing time to the current price is 4.05% . |
Lexinfintech Holdings Fundamentals Correlations and Trends
By evaluating Lexinfintech Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lexinfintech Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lexinfintech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lexinfintech Holdings Stock history
Lexinfintech Holdings 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 Lexinfintech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lexinfintech Holdings 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 Lexinfintech Holdings stock prices may prove useful in developing a viable investing in Lexinfintech Holdings
LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the Peoples Republic of China. LexinFintech Holdings Ltd. was incorporated in 2013 and is headquartered in Shenzhen, the Peoples Republic of China. LexinFintech Holdings operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3896 people.
Lexinfintech Holdings Stock Technical Analysis
Lexinfintech Holdings 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
Lexinfintech Holdings Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Lexinfintech Holdings 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.
Lexinfintech Holdings November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Lexinfintech Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lexinfintech Holdings shares will generate the highest return on investment. By undertsting and applying Lexinfintech Holdings stock market strength indicators, traders can identify Lexinfintech Holdings entry and exit signals to maximize returns
Lexinfintech Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lexinfintech Holdings' price direction in advance. Along with the technical and fundamental analysis of Lexinfintech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lexinfintech 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 | 0.2134 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | 0.7482 | |||
| Sortino Ratio | 0.3161 | |||
| Treynor Ratio | 0.9487 |
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Additional Tools for Lexinfintech Stock Analysis
When running Lexinfintech Holdings' price analysis, check to measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.