LGI (Australia) Price on November 15, 2024
| LGI Stock | 2.95 0.02 0.68% |
If you're considering investing in LGI Stock, it is important to understand the factors that can impact its price. As of today, the current price of LGI stands at 2.95, as last reported on the 24th of December, with the highest price reaching 2.95 and the lowest price hitting 2.95 during the day. Currently, LGI is moderately volatile. LGI has Sharpe Ratio of 0.0659, which conveys that the firm had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for LGI, which you can use to evaluate the volatility of the firm. Please verify LGI's mean deviation of 1.31, and Risk Adjusted Performance of 0.0646 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, LGI's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock is likely to gain to about 38.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 287.9 K in 2024. . LGI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LGI |
Sharpe Ratio = 0.0659
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Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average LGI is performing at about 5% 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 LGI by adding it to a well-diversified portfolio.
Price Book 4.9532 | Enterprise Value Ebitda 18.5385 | Price Sales 7.8669 | Shares Float 33.2 M | Dividend Share 0.025 |
LGI Valuation on November 15, 2024
It is possible to determine the worth of LGI on a given historical date. On November 15, 2024 LGI was worth 3.09 at the beginning of the trading date compared to the closed value of 3.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LGI stock. Still, in general, we apply an absolute valuation method to find LGI'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 LGI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LGI's related companies.
| Open | High | Low | Close | Volume | |
| 3.00 | 3.05 | 2.95 | 3.00 | 54,522 | |
11/15/2024 | 3.09 | 3.10 | 3.01 | 3.10 | 16,141 |
| 3.05 | 3.13 | 3.05 | 3.13 | 11,937 |
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LGI Trading Date Momentum on November 15, 2024
| On November 18 2024 LGI was traded for 3.13 at the closing time. The maximum traded price for the trading interval was 3.13 and the lowest daily price was 3.05 . The daily volume was recorded at 11.9 K. The volume of trading on 18th of November 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.97% . The trading delta at closing time to the closing price today is 0.32% . |
LGI Fundamentals Correlations and Trends
By evaluating LGI'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 LGI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LGI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LGI Stock history
LGI 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 LGI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LGI 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 LGI stock prices may prove useful in developing a viable investing in LGI
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 88.5 M | 97.2 M |
LGI Stock Technical Analysis
LGI 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
LGI Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
LGI cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
LGI December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how LGI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LGI shares will generate the highest return on investment. By undertsting and applying LGI stock market strength indicators, traders can identify LGI entry and exit signals to maximize returns
LGI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LGI's price direction in advance. Along with the technical and fundamental analysis of LGI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LGI 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 | 0.0646 | |||
| Jensen Alpha | 0.1315 | |||
| Total Risk Alpha | 0.0754 | |||
| Sortino Ratio | 0.0446 | |||
| Treynor Ratio | (6.45) |
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Additional Tools for LGI Stock Analysis
When running LGI's price analysis, check to measure LGI'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 LGI is operating at the current time. Most of LGI's value examination focuses on studying past and present price action to predict the probability of LGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI's price. Additionally, you may evaluate how the addition of LGI to your portfolios can decrease your overall portfolio volatility.