Logicmark Stock Price on October 14, 2024
| LGMK Stock | USD 1.64 0.06 3.80% |
Below is the normalized historical share price chart for LogicMark extending back to August 19, 2013. 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 LogicMark stands at 1.64, as last reported on the 23rd of December, with the highest price reaching 1.68 and the lowest price hitting 1.55 during the day.
If you're considering investing in LogicMark Stock, it is important to understand the factors that can impact its price. LogicMark has Sharpe Ratio of -0.0562, which conveys that the firm had a -0.0562% return per unit of risk over the last 3 months. LogicMark exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LogicMark's Mean Deviation of 8.88, standard deviation of 11.84, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
At this time, LogicMark's Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 23.4 M this year, although the value of Common Stock will most likely fall to 205.20. . At this time, LogicMark's Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0.13 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to (8.73). LogicMark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of August 2013 | 200 Day MA 11.5774 | 50 Day MA 2.3265 | Beta 1.253 |
LogicMark |
Sharpe Ratio = -0.0562
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| Negative Returns | LGMK |
Estimated Market Risk
| 11.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LogicMark 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 LogicMark by adding LogicMark to a well-diversified portfolio.
Price Book 0.2707 | Enterprise Value Ebitda 0.3211 | Price Sales 0.3303 | Shares Float 1.3 M | Wall Street Target Price 4 |
LogicMark Valuation on October 14, 2024
It is possible to determine the worth of LogicMark on a given historical date. On October 14, 2024 LogicMark was worth 2.07 at the beginning of the trading date compared to the closed value of 2.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LogicMark stock. Still, in general, we apply an absolute valuation method to find LogicMark'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 LogicMark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LogicMark's related companies.
| Open | High | Low | Close | Volume | |
| 2.17 | 2.30 | 2.10 | 2.12 | 552,588 | |
10/14/2024 | 2.07 | 2.17 | 1.92 | 2.01 | 458,708 |
| 1.96 | 2.37 | 1.96 | 2.32 | 846,696 |
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LogicMark Trading Date Momentum on October 14, 2024
| On October 15 2024 LogicMark was traded for 2.32 at the closing time. The top price for the day was 2.37 and the lowest listed price was 1.96 . The trading volume for the day was 846.7 K. The trading history from October 15, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 15.42% . The trading delta at closing time against the current closing price is 36.82% . |
LogicMark Fundamentals Correlations and Trends
By evaluating LogicMark'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 LogicMark's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LogicMark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LogicMark Stock history
LogicMark 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 LogicMark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LogicMark 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 LogicMark stock prices may prove useful in developing a viable investing in LogicMark
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 M | 1.4 M | |
| Net Loss | -6.5 M | -6.9 M |
LogicMark Stock Technical Analysis
LogicMark 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
LogicMark Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
LogicMark cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
LogicMark December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how LogicMark stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LogicMark shares will generate the highest return on investment. By undertsting and applying LogicMark stock market strength indicators, traders can identify LogicMark entry and exit signals to maximize returns
LogicMark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LogicMark's price direction in advance. Along with the technical and fundamental analysis of LogicMark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LogicMark 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 | (0.04) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 0.2927 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electronic Equipment, Instruments & Components 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 LogicMark. If investors know LogicMark 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 LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (206.75) | Revenue Per Share 5.212 | Quarterly Revenue Growth 0.004 | Return On Assets (0.23) | Return On Equity (0.80) |
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark'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 LogicMark's market value can be influenced by many factors that don't directly affect LogicMark'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 LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark'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.