Lixiang Education Holding Stock Price on December 31, 2023
LXEH Stock | USD 2.51 0.13 5.46% |
If you're considering investing in Lixiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lixiang Education stands at 2.51, as last reported on the 29th of November, with the highest price reaching 2.51 and the lowest price hitting 2.36 during the day. Lixiang Education appears to be extremely dangerous, given 3 months investment horizon. Lixiang Education Holding has Sharpe Ratio of 0.0489, which conveys that the firm had a 0.0489% return per unit of risk over the last 3 months. By analyzing Lixiang Education's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Lixiang Education's Mean Deviation of 6.23, downside deviation of 7.7, and Risk Adjusted Performance of 0.0212 to check out if our risk estimates are consistent with your expectations.
As of now, Lixiang Education's Total Stockholder Equity is increasing as compared to previous years. The Lixiang Education's current Liabilities And Stockholders Equity is estimated to increase to about 477.6 M, while Common Stock Shares Outstanding is projected to decrease to under 746.6 K. . The current Price To Sales Ratio is estimated to decrease to 2.63. The Lixiang Education's current Price Earnings Ratio is estimated to increase to -1.05. Lixiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lixiang |
Sharpe Ratio = 0.0489
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Estimated Market Risk
10.25 actual daily | 91 91% of assets are less volatile |
Expected Return
0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lixiang Education is performing at about 3% 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 Lixiang Education by adding it to a well-diversified portfolio.
Price Book 0.1175 | Enterprise Value Ebitda 1.4726 | Price Sales 0.0679 | Shares Float 91.7 M | Earnings Share (17.51) |
Lixiang Education Valuation on December 31, 2023
It is possible to determine the worth of Lixiang Education on a given historical date. On December 31, 2023 Lixiang was worth 19.8 at the beginning of the trading date compared to the closed value of 22.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lixiang Education stock. Still, in general, we apply an absolute valuation method to find Lixiang Education'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 Lixiang Education where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lixiang Education's related companies.
Open | High | Low | Close | Volume | |
20.60 | 21.60 | 19.60 | 21.30 | 8,936 | |
12/29/2023 | 19.80 | 22.00 | 19.60 | 22.00 | 2,336 |
21.80 | 22.00 | 20.40 | 20.60 | 493.00 |
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Lixiang Education Trading Date Momentum on December 31, 2023
On January 02 2024 Lixiang Education Holding was traded for 20.60 at the closing time. The top price for the day was 22.00 and the lowest listed price was 20.40 . The trading volume for the day was 493. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.36% . The trading delta at closing time against the current closing price is 24.09% . |
Lixiang Education Holding Fundamentals Correlations and Trends
By evaluating Lixiang Education'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 Lixiang Education's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lixiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lixiang Education Stock history
Lixiang Education 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 Lixiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lixiang Education Holding 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 Lixiang Education stock prices may prove useful in developing a viable investing in Lixiang Education
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 785.8 K | 746.6 K | |
Net Loss | -7 M | -7.4 M |
Lixiang Education Stock Technical Analysis
Lixiang Education 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
Lixiang Education Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Lixiang Education Holding 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.
Lixiang Education November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Lixiang Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lixiang Education shares will generate the highest return on investment. By undertsting and applying Lixiang Education stock market strength indicators, traders can identify Lixiang Education Holding entry and exit signals to maximize returns
Lixiang Education Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lixiang Education's price direction in advance. Along with the technical and fundamental analysis of Lixiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lixiang 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 | 0.0212 | |||
Jensen Alpha | 0.3013 | |||
Total Risk Alpha | (1.39) | |||
Sortino Ratio | 0.0044 | |||
Treynor Ratio | (0.11) |
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Volume Indicators |
Complementary Tools for Lixiang Stock analysis
When running Lixiang Education's price analysis, check to measure Lixiang Education'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 Lixiang Education is operating at the current time. Most of Lixiang Education's value examination focuses on studying past and present price action to predict the probability of Lixiang Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lixiang Education's price. Additionally, you may evaluate how the addition of Lixiang Education to your portfolios can decrease your overall portfolio volatility.
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