Luolai Home (China) Price on November 19, 2024
| 002293 Stock | 8.19 0.07 0.86% |
Below is the normalized historical share price chart for Luolai Home Textile extending back to September 10, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Luolai Home stands at 8.19, as last reported on the 19th of December, with the highest price reaching 8.31 and the lowest price hitting 8.13 during the day.
If you're considering investing in Luolai Stock, it is important to understand the factors that can impact its price. Luolai Home appears to be somewhat reliable, given 3 months investment horizon. Luolai Home Textile has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Luolai Home's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Luolai Home's Downside Deviation of 2.47, mean deviation of 2.1, and Risk Adjusted Performance of 0.1123 to check out if our risk estimates are consistent with your expectations.
At present, Luolai Home's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 903 M, whereas Total Stockholder Equity is forecasted to decline to about 2.6 B. . Luolai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of September 2009 | 200 Day MA 8.238 | 50 Day MA 7.7388 | Beta 0.437 |
Luolai |
Sharpe Ratio = 0.1975
| Best Portfolio | Best Equity | |||
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| Small Returns | 002293 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Luolai Home is performing at about 15% 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 Luolai Home by adding it to a well-diversified portfolio.
Price Book 1.6928 | Enterprise Value Ebitda 10.5842 | Price Sales 1.424 | Shares Float 377.7 M | Dividend Share 0.6 |
Luolai Home Valuation on November 19, 2024
It is possible to determine the worth of Luolai Home on a given historical date. On November 19, 2024 Luolai was worth 7.88 at the beginning of the trading date compared to the closed value of 8.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luolai Home stock. Still, in general, we apply an absolute valuation method to find Luolai Home'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 Luolai Home where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luolai Home's related companies.
| Open | High | Low | Close | Volume | |
| 7.75 | 8.18 | 7.74 | 7.79 | 20,918,722 | |
11/19/2024 | 7.88 | 8.05 | 7.77 | 8.04 | 15,586,648 |
| 7.99 | 7.99 | 7.80 | 7.91 | 12,184,151 |
| Backtest Luolai Home | | | Luolai Home History | | | Luolai Home Valuation | Previous | Next |
Luolai Home Trading Date Momentum on November 19, 2024
| On November 20 2024 Luolai Home Textile was traded for 7.91 at the closing time. The highest price during the trading period was 7.99 and the lowest recorded bid was listed for 7.80 . The volume for the day was 12.2 M. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.62% . The trading delta at closing time to the current price is 7.84% . |
Luolai Home Textile Fundamentals Correlations and Trends
By evaluating Luolai Home'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 Luolai Home's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luolai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luolai Home Stock history
Luolai Home 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 Luolai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luolai Home Textile 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 Luolai Home stock prices may prove useful in developing a viable investing in Luolai Home
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 837.3 M | 808.2 M | |
| Net Income Applicable To Common Shares | 659.5 M | 467.4 M |
Luolai Home Quarterly Net Working Capital |
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Luolai Home Stock Technical Analysis
Luolai Home 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
Luolai Home Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Luolai Home Textile cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
Luolai Home December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Luolai Home stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luolai Home shares will generate the highest return on investment. By undertsting and applying Luolai Home stock market strength indicators, traders can identify Luolai Home Textile entry and exit signals to maximize returns
Luolai Home Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luolai Home's price direction in advance. Along with the technical and fundamental analysis of Luolai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luolai 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 | 0.1123 | |||
| Jensen Alpha | 0.3506 | |||
| Total Risk Alpha | 0.2885 | |||
| Sortino Ratio | 0.1359 | |||
| Treynor Ratio | 1.61 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Luolai Stock analysis
When running Luolai Home's price analysis, check to measure Luolai Home'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 Luolai Home is operating at the current time. Most of Luolai Home's value examination focuses on studying past and present price action to predict the probability of Luolai Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luolai Home's price. Additionally, you may evaluate how the addition of Luolai Home to your portfolios can decrease your overall portfolio volatility.
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