Luokung Technology Corp. Short Interest Down 30.2 percent in August
LKCO Stock | USD 1.77 0.05 2.75% |
About 61% of Luokung Technology's investor base is looking to short. The analysis of overall sentiment of trading Luokung Technology Corp stock suggests that many investors are alarmed at this time. Luokung Technology's investing sentiment overview a quick insight into current market opportunities from investing in Luokung Technology Corp. Many technical investors use Luokung Technology Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Luokung |
Luokung Technology Corp. was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 286,300 shares, a drop of 30.2 percent from the August 15th total of 410,300 shares. Based on an average trading volume of 42,700 shares,
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Luokung Technology Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Luokung Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Luokung Technology Fundamental Analysis
We analyze Luokung Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luokung Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luokung Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Luokung Technology is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Luokung Technology Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Luokung Technology stock to make a market-neutral strategy. Peer analysis of Luokung Technology could also be used in its relative valuation, which is a method of valuing Luokung Technology by comparing valuation metrics with similar companies.
Peers
Luokung Technology Related Equities
FRGT | Freight Technologies | 4.17 | ||||
VS | Versus Systems | 2.62 | ||||
HTCR | HeartCore Enterprises | 2.53 | ||||
AUUD | Auddia | 0.18 | ||||
QH | Quhuo | 1.42 | ||||
IFBD | Infobird | 3.11 | ||||
CXAI | CXApp | 15.02 | ||||
IDAI | Trust Stamp | 16.31 |
Check out Luokung Technology Hype Analysis, Luokung Technology Correlation and Luokung Technology Performance. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luokung Technology. If investors know Luokung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (652.40) | Revenue Per Share 4.604 | Quarterly Revenue Growth (0.87) | Return On Assets (0.44) | Return On Equity (4.47) |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.