Lamar Advertising (Germany) Price on October 20, 2023
6LA Stock | EUR 117.00 2.60 2.17% |
If you're considering investing in Lamar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lamar Advertising stands at 117.00, as last reported on the 22nd of December, with the highest price reaching 117.00 and the lowest price hitting 117.00 during the day. Lamar Advertising has Sharpe Ratio of -6.0E-4, which conveys that the firm had a -6.0E-4% return per unit of risk over the last 3 months. Lamar Advertising exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lamar Advertising's Standard Deviation of 1.21, risk adjusted performance of 0.0029, and Mean Deviation of 0.7546 to check out the risk estimate we provide.
Lamar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lamar |
Sharpe Ratio = -6.0E-4
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Estimated Market Risk
1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lamar Advertising 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 Lamar Advertising by adding Lamar Advertising to a well-diversified portfolio.
Lamar Advertising Valuation on October 20, 2023
It is possible to determine the worth of Lamar Advertising on a given historical date. On October 20, 2023 Lamar was worth 73.39 at the beginning of the trading date compared to the closed value of 71.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lamar Advertising stock. Still, in general, we apply an absolute valuation method to find Lamar Advertising'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 Lamar Advertising where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lamar Advertising's related companies.
Open | High | Low | Close | Volume | |
74.33 | 74.33 | 73.39 | 73.39 | 1.00 | |
10/20/2023 | 73.39 | 73.39 | 71.51 | 71.51 | 1.00 |
71.51 | 71.51 | 71.51 | 71.51 | 1.00 |
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Lamar Advertising Trading Date Momentum on October 20, 2023
On October 23 2023 Lamar Advertising was traded for 71.51 at the closing time. The highest daily price throughout the period was 71.51 and the lowest price was 71.51 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Lamar Advertising Fundamentals Correlations and Trends
By evaluating Lamar Advertising'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 Lamar Advertising's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lamar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lamar Advertising Stock history
Lamar Advertising 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 Lamar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lamar Advertising 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 Lamar Advertising stock prices may prove useful in developing a viable investing in Lamar Advertising
Founded in 1902, La mar Advertising is one of the largest outdoor advertising companies in North America, with approximately 360,000 displays across the United States and Canada. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,100 displays. LAMAR ADVERTISING operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3600 people.
Lamar Advertising Stock Technical Analysis
Lamar Advertising 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
Lamar Advertising Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Lamar Advertising cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Lamar Advertising December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Lamar Advertising stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lamar Advertising shares will generate the highest return on investment. By undertsting and applying Lamar Advertising stock market strength indicators, traders can identify Lamar Advertising entry and exit signals to maximize returns
Lamar Advertising Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lamar Advertising's price direction in advance. Along with the technical and fundamental analysis of Lamar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lamar 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 | 0.0029 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.03) |
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Complementary Tools for Lamar Stock analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.
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