Lutian Machinery (China) Price on March 28, 2023
605259 Stock | 14.75 0.15 1.01% |
If you're considering investing in Lutian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lutian Machinery stands at 14.75, as last reported on the 4th of January, with the highest price reaching 15.00 and the lowest price hitting 14.50 during the day. Lutian Machinery has Sharpe Ratio of -0.0089, which conveys that the firm had a -0.0089% return per unit of risk over the last 3 months. Lutian Machinery exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lutian Machinery's Risk Adjusted Performance of (0.0009), mean deviation of 1.67, and Standard Deviation of 2.2 to check out the risk estimate we provide.
Lutian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lutian |
Sharpe Ratio = -0.0089
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Negative Returns | 605259 |
Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lutian Machinery 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 Lutian Machinery by adding Lutian Machinery to a well-diversified portfolio.
Lutian Machinery Valuation on March 28, 2023
It is possible to determine the worth of Lutian Machinery on a given historical date. On March 28, 2023 Lutian was worth 17.54 at the beginning of the trading date compared to the closed value of 17.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lutian Machinery stock. Still, in general, we apply an absolute valuation method to find Lutian Machinery'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 Lutian Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lutian Machinery's related companies.
Open | High | Low | Close | Volume | |
17.33 | 17.66 | 17.33 | 17.44 | 931,000 | |
03/28/2023 | 17.54 | 18.10 | 17.49 | 17.60 | 1,065,848 |
17.57 | 17.70 | 17.35 | 17.42 | 608,474 |
Backtest Lutian Machinery | | | Lutian Machinery History | | | Lutian Machinery Valuation | Previous | Next |
Lutian Machinery Trading Date Momentum on March 28, 2023
On March 29 2023 Lutian Machinery Co was traded for 17.42 at the closing time. The highest price during the trading period was 17.70 and the lowest recorded bid was listed for 17.35 . The volume for the day was 608.5 K. This history from March 29, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.02% . The trading delta at closing time to the current price is 2.61% . |
Lutian Machinery Fundamentals Correlations and Trends
By evaluating Lutian Machinery'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 Lutian Machinery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lutian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lutian Machinery Stock history
Lutian Machinery 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 Lutian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lutian Machinery 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 Lutian Machinery stock prices may prove useful in developing a viable investing in Lutian Machinery
Lutian Machinery Stock Technical Analysis
Lutian Machinery 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
Lutian Machinery Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Lutian Machinery Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Lutian Machinery January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Lutian Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lutian Machinery shares will generate the highest return on investment. By undertsting and applying Lutian Machinery stock market strength indicators, traders can identify Lutian Machinery Co entry and exit signals to maximize returns
Lutian Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lutian Machinery's price direction in advance. Along with the technical and fundamental analysis of Lutian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lutian 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 | (0.0009) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.20) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Lutian Stock analysis
When running Lutian Machinery's price analysis, check to measure Lutian Machinery'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 Lutian Machinery is operating at the current time. Most of Lutian Machinery's value examination focuses on studying past and present price action to predict the probability of Lutian Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lutian Machinery's price. Additionally, you may evaluate how the addition of Lutian Machinery to your portfolios can decrease your overall portfolio volatility.
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