Local Bounti Corp Stock Price History

LOCL Stock  USD 2.14  0.01  0.47%   
If you're considering investing in Local Stock, it is important to understand the factors that can impact its price. As of today, the current price of Local Bounti stands at 2.14, as last reported on the 24th of January, with the highest price reaching 2.20 and the lowest price hitting 2.10 during the day. As of now, Local Stock is abnormally volatile. Local Bounti Corp has Sharpe Ratio of 0.013, which conveys that the firm had a 0.013 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Local Bounti, which you can use to evaluate the volatility of the firm. Please verify Local Bounti's Downside Deviation of 5.25, mean deviation of 4.33, and Risk Adjusted Performance of 0.0196 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Local Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.013

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Estimated Market Risk

 10.55
  actual daily
94
94% of assets are less volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Local Bounti is performing at about 1% 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 Local Bounti by adding it to a well-diversified portfolio.

Local Bounti Stock Price History Chart

There are several ways to analyze Local Stock price data. The simplest method is using a basic Local candlestick price chart, which shows Local Bounti price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 29, 20242.55
Lowest PriceDecember 12, 20241.28

Local Bounti January 24, 2025 Stock Price Synopsis

Various analyses of Local Bounti's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Local Stock. It can be used to describe the percentage change in the price of Local Bounti from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Local Stock.
Local Bounti Price Daily Balance Of Power(0.10)
Local Bounti Price Action Indicator(0.01)
Local Bounti Accumulation Distribution 236.59 
Local Bounti Price Rate Of Daily Change 1.00 

Local Bounti January 24, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Local Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Local Bounti intraday prices and daily technical indicators to check the level of noise trading in Local Stock and then apply it to test your longer-term investment strategies against Local.

Local Stock Price History Data

The price series of Local Bounti for the period between Sat, Oct 26, 2024 and Fri, Jan 24, 2025 has a statistical range of 1.27 with a coefficient of variation of 17.48. The daily prices for the period are spread out with arithmetic mean of 2.04. The median price for the last 90 days is 2.12. The company underwent 1:13 stock split on 15th of June 2023.
OpenHighLowCloseVolume
01/23/2025 2.10  2.20  2.10  2.14  5,205 
01/22/2025 2.18  2.19  2.11  2.15  9,881 
01/21/2025 2.14  2.18  2.12  2.16  44,667 
01/17/2025 2.16  2.16  2.12  2.14  3,313 
01/16/2025 2.11  2.16  2.04  2.16  4,586 
01/15/2025 2.12  2.12  2.00  2.05  3,625 
01/14/2025 1.95  2.02  1.84  2.02  8,258 
01/13/2025 2.13  2.13  1.97  1.98  8,302 
01/10/2025 2.18  2.25  2.09  2.10  14,695 
01/08/2025 2.13  2.19  2.07  2.15  17,986 
01/07/2025 2.25  2.28  2.20  2.28  31,668 
01/06/2025 2.16  2.25  2.05  2.25  8,458 
01/03/2025 2.15  2.19  1.94  2.19  18,711 
01/02/2025 2.04  2.15  1.97  2.15  4,054 
12/31/2024 2.04  2.15  1.95  2.07  21,255 
12/30/2024 2.04  2.13  1.94  2.04  12,516 
12/27/2024 2.05  2.15  1.91  2.04  34,582 
12/26/2024 2.04  2.14  2.04  2.09  8,889 
12/24/2024 2.06  2.15  2.05  2.13  12,594 
12/23/2024 2.06  2.14  1.79  2.12  37,081 
12/20/2024 1.60  2.05  1.60  2.03  24,914 
12/19/2024 1.78  1.86  1.68  1.76  22,651 
12/18/2024 2.23  2.23  1.82  1.85  27,087 
12/17/2024 2.31  2.50  2.04  2.23  93,705 
12/16/2024 1.40  2.20  1.35  2.20  211,552 
12/13/2024 1.28  1.36  1.18  1.28  40,295 
12/12/2024 1.33  1.38  1.20  1.28  14,658 
12/11/2024 1.33  1.39  1.25  1.33  9,825 
12/10/2024 1.44  1.44  1.25  1.34  32,529 
12/09/2024 1.44  1.44  1.35  1.35  35,127 
12/06/2024 1.51  1.51  1.35  1.44  41,266 
12/05/2024 1.65  1.73  1.50  1.53  13,979 
12/04/2024 1.71  1.71  1.53  1.62  22,105 
12/03/2024 1.96  2.01  1.70  1.73  20,640 
12/02/2024 1.80  1.85  1.73  1.85  8,010 
11/29/2024 1.80  1.80  1.72  1.75  3,755 
11/27/2024 1.75  1.80  1.74  1.74  16,202 
11/26/2024 1.67  1.75  1.67  1.73  11,252 
11/25/2024 1.72  1.78  1.65  1.67  8,231 
11/22/2024 1.70  1.80  1.62  1.67  15,063 
11/21/2024 1.76  1.84  1.62  1.75  24,036 
11/20/2024 1.91  1.91  1.71  1.71  11,740 
11/19/2024 2.17  2.17  1.80  1.80  12,508 
11/18/2024 2.25  2.26  2.01  2.06  27,328 
11/15/2024 2.33  2.34  2.14  2.25  12,934 
11/14/2024 2.30  2.37  2.20  2.33  8,058 
11/13/2024 2.44  2.44  2.31  2.34  6,698 
11/12/2024 2.41  2.41  2.30  2.35  3,688 
11/11/2024 2.33  2.50  2.33  2.40  5,266 
11/08/2024 2.58  2.58  2.41  2.47  4,462 
11/07/2024 2.21  2.54  2.21  2.51  2,966 
11/06/2024 2.40  2.49  2.31  2.49  5,488 
11/05/2024 2.50  2.50  2.36  2.41  6,624 
11/04/2024 2.48  2.53  2.31  2.45  4,192 
11/01/2024 2.54  2.54  2.47  2.48  4,007 
10/31/2024 2.48  2.53  2.47  2.50  3,470 
10/30/2024 2.52  2.55  2.49  2.52  4,390 
10/29/2024 2.52  2.57  2.47  2.55  6,788 
10/28/2024 2.57  2.57  2.52  2.52  2,623 
10/25/2024 2.50  2.55  2.50  2.53  2,698 
10/24/2024 2.58  2.58  2.47  2.47  3,376 

About Local Bounti Stock history

Local Bounti 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 Local is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Local Bounti Corp 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 Local Bounti stock prices may prove useful in developing a viable investing in Local Bounti
Local Bounti Corporation grows fresh greens and herbs in the United States. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana. Local Bounti operates under Farm Products classification in the United States and is traded on New York Stock Exchange. It employs 111 people.

Local Bounti Stock Technical Analysis

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

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Local Bounti Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Local Bounti's price direction in advance. Along with the technical and fundamental analysis of Local Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Local 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.
When determining whether Local Bounti Corp is a strong investment it is important to analyze Local Bounti's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Local Bounti's future performance. For an informed investment choice regarding Local Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Packaged Foods & Meats 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 Local Bounti. If investors know Local 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 Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti'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 Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti'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 Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti'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.