Lytus Technologies Holdings Stock Price on November 23, 2024
LYT Stock | USD 1.63 0.02 1.24% |
If you're considering investing in Lytus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lytus Technologies stands at 1.63, as last reported on the 23rd of November, with the highest price reaching 1.67 and the lowest price hitting 1.55 during the day. Lytus Technologies has Sharpe Ratio of -0.0171, which conveys that the firm had a -0.0171% return per unit of risk over the last 3 months. Lytus Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lytus Technologies' Mean Deviation of 3.41, standard deviation of 4.59, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
Liabilities And Stockholders Equity is likely to gain to about 56.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.3 M in 2024. . At this time, Lytus Technologies' Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 0.41 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (5.12) in 2024. Lytus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lytus |
Sharpe Ratio = -0.0171
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Estimated Market Risk
4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lytus Technologies 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 Lytus Technologies by adding Lytus Technologies to a well-diversified portfolio.
Price Book 0.2343 | Enterprise Value Ebitda 2.6759 | Price Sales 0.1422 | Shares Float 619.3 K | Earnings Share 0.3 |
Lytus Technologies Valuation on November 23, 2024
It is possible to determine the worth of Lytus Technologies on a given historical date. On November 23, 2024 Lytus was worth 1.61 at the beginning of the trading date compared to the closed value of 1.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lytus Technologies stock. Still, in general, we apply an absolute valuation method to find Lytus Technologies' 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 Lytus Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lytus Technologies' related companies.
Open | High | Low | Close | Volume | |
1.61 | 1.67 | 1.55 | 1.63 | 29,512 | |
11/23/2024 | 1.61 | 1.67 | 1.55 | 1.63 | 0.00 |
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Lytus Technologies Trading Date Momentum on November 23, 2024
On November 23 2024 Lytus Technologies Holdings was traded for 1.63 at the closing time. Highest Lytus Technologies's price during the trading hours was 1.67 and the lowest price during the day was 1.55 . There was no trading activity during the period 0.0. Lack of trading volume on the 23rd of November did not cause price change. The trading delta at closing time to current price is 1.23% . |
Lytus Technologies Fundamentals Correlations and Trends
By evaluating Lytus Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lytus Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lytus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lytus Technologies Stock history
Lytus Technologies 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 Lytus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lytus Technologies 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 Lytus Technologies stock prices may prove useful in developing a viable investing in Lytus Technologies
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 967.5 K | 919.1 K | |
Net Loss | -351.1 K | -333.5 K |
Lytus Technologies Stock Technical Analysis
Lytus Technologies 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
Lytus Technologies Period Price Range
Low | November 23, 2024
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0.00 | 0.00 |
Lytus Technologies 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.
Lytus Technologies November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Lytus Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lytus Technologies shares will generate the highest return on investment. By undertsting and applying Lytus Technologies stock market strength indicators, traders can identify Lytus Technologies Holdings entry and exit signals to maximize returns
Lytus Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lytus Technologies' price direction in advance. Along with the technical and fundamental analysis of Lytus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lytus 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 | (0.24) | |||
Total Risk Alpha | (0.90) | |||
Treynor Ratio | (0.35) |
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Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.