Ligand Pharmaceuticals Incorporated Stock Price on September 13, 2024
LGND Stock | USD 122.23 6.56 5.67% |
If you're considering investing in Ligand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ligand Pharmaceuticals stands at 122.23, as last reported on the 2nd of March, with the highest price reaching 122.23 and the lowest price hitting 115.83 during the day. At this point, Ligand Pharmaceuticals is very steady. Ligand Pharmaceuticals has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Ligand Pharmaceuticals, which you can use to evaluate the volatility of the firm. Please verify Ligand Pharmaceuticals' Mean Deviation of 1.87, risk adjusted performance of 0.0143, and Downside Deviation of 2.76 to check out if the risk estimate we provide is consistent with the expected return of 0.0241%.
Ligand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ligand |
Sharpe Ratio = 0.0097
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Estimated Market Risk
2.48 actual daily | 22 78% 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 Ligand Pharmaceuticals 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 Ligand Pharmaceuticals by adding Ligand Pharmaceuticals to a well-diversified portfolio.
Related Headline
Viridian Therapeutics Headline on 13th of September 2024
Acquisition by Fairmount Funds Management Llc of 1600000 sha... by Fairmount Funds Management Llc
Filed transaction by Viridian Therapeutics Director, 10 Percent Owner: . Grant, award or other acquisition pursuant to Rule 16b-3(d)
Ligand Pharmaceuticals Valuation on September 13, 2024
It is possible to determine the worth of Ligand Pharmaceuticals on a given historical date. On September 13, 2024 Ligand was worth 102.62 at the beginning of the trading date compared to the closed value of 104.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ligand Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ligand Pharmaceuticals' related companies.
Open | High | Low | Close | Volume | |
103.16 | 104.11 | 101.98 | 102.10 | 54,300 | |
09/13/2024 | 102.62 | 105.40 | 102.62 | 104.77 | 89,900 |
104.77 | 106.65 | 104.41 | 105.00 | 93,400 |
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Ligand Pharmaceuticals Trading Date Momentum on September 13, 2024
On September 16 2024 Ligand Pharmaceuticals Incorporated was traded for 105.00 at the closing time. The top price for the day was 106.65 and the lowest listed price was 104.41 . The trading volume for the day was 93.4 K. The trading history from September 16, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.22% . The trading delta at closing time against the current closing price is 1.41% . |
Ligand Pharmaceuticals Fundamentals Correlations and Trends
By evaluating Ligand Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ligand Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ligand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ligand Pharmaceuticals Stock history
Ligand Pharmaceuticals 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 Ligand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ligand Pharmaceuticals 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 Ligand Pharmaceuticals stock prices may prove useful in developing a viable investing in Ligand Pharmaceuticals
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing or acquiring technologies that help pharmaceutical companies to discover and develop medicines worldwide. The company was incorporated in 1987 and is based in San Diego, California. Ligand Pharm operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 154 people.
Ligand Pharmaceuticals Stock Technical Analysis
Ligand Pharmaceuticals 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
Ligand Pharmaceuticals Period Price Range
Low | March 2, 2025
| High |
0.00 | 0.00 |
Ligand Pharmaceuticals Incorporated 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.
Ligand Pharmaceuticals March 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Ligand Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ligand Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Ligand Pharmaceuticals stock market strength indicators, traders can identify Ligand Pharmaceuticals Incorporated entry and exit signals to maximize returns
Ligand Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ligand Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Ligand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ligand 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 | 0.0143 | |||
Jensen Alpha | 0.0435 | |||
Total Risk Alpha | 0.0925 | |||
Sortino Ratio | 0.0136 | |||
Treynor Ratio | 0.0115 |
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Complementary Tools for Ligand Stock analysis
When running Ligand Pharmaceuticals' price analysis, check to measure Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals is operating at the current time. Most of Ligand Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Ligand Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ligand Pharmaceuticals' price. Additionally, you may evaluate how the addition of Ligand Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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