Laboratory Of Stock Price on November 1, 2024

LH Stock  USD 240.63  0.53  0.22%   
Below is the normalized historical share price chart for Laboratory of extending back to July 07, 1988. 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 Laboratory stands at 240.63, as last reported on the 2nd of December, with the highest price reaching 241.08 and the lowest price hitting 237.59 during the day.
IPO Date
29th of March 1990
200 Day MA
215.7914
50 Day MA
227.287
Beta
1.036
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Laboratory Stock, it is important to understand the factors that can impact its price. Laboratory is very steady at the moment. Laboratory has Sharpe Ratio of 0.0651, which conveys that the firm had a 0.0651% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Laboratory, which you can use to evaluate the volatility of the firm. Please verify Laboratory's Risk Adjusted Performance of 0.054, mean deviation of 0.9589, and Downside Deviation of 1.26 to check out if the risk estimate we provide is consistent with the expected return of 0.0858%.
  
As of now, Laboratory's Common Stock is increasing as compared to previous years. The Laboratory's current Common Stock Total Equity is estimated to increase to about 12.2 M, while Other Stockholder Equity is projected to decrease to under 36.5 M. . As of now, Laboratory's Price To Book Ratio is decreasing as compared to previous years. The Laboratory's current Price Fair Value is estimated to increase to 3.28, while Price To Sales Ratio is projected to decrease to 1.57. Laboratory Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0651

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Estimated Market Risk

 1.32
  actual daily
11
89% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Laboratory 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 Laboratory by adding it to a well-diversified portfolio.
Price Book
2.4688
Enterprise Value Ebitda
18.2937
Price Sales
1.5931
Shares Float
83.2 M
Dividend Share
2.88

Related Headline

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Laboratory Valuation on November 1, 2024

It is possible to determine the worth of Laboratory on a given historical date. On November 1, 2024 Laboratory was worth 228.82 at the beginning of the trading date compared to the closed value of 226.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laboratory stock. Still, in general, we apply an absolute valuation method to find Laboratory'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 Laboratory where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laboratory's related companies.
 Open High Low Close Volume
  229.35    231.01    227.01    227.59    566,863  
11/01/2024
  228.82    230.82    226.40    226.42    641,442  
  226.74    228.93    224.95    226.49    401,255  
Backtest Laboratory  |  Laboratory History  |  Laboratory Valuation   PreviousNext  
Open Value
228.82
224.86
Downside
226.42
Closing Value
232.78
Upside

Laboratory Trading Date Momentum on November 1, 2024

On November 04 2024 Laboratory of was traded for  226.49  at the closing time. The highest price during the trading period was 228.93  and the lowest recorded bid was listed for  224.95 . The volume for the day was 401.3 K. This history from November 4, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.03% . The trading delta at closing time to the current price is 7.21% .

Laboratory Fundamentals Correlations and Trends

By evaluating Laboratory'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 Laboratory's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laboratory financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Laboratory Stock history

Laboratory 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 Laboratory is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laboratory 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 Laboratory stock prices may prove useful in developing a viable investing in Laboratory
Last ReportedProjected for Next Year
Common Stock Shares Outstanding87.6 M96 M
Net Income Applicable To Common Shares1.5 B1.5 B

Laboratory Stock Technical Analysis

Laboratory 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.
A focus of Laboratory technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Laboratory trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Laboratory Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Laboratory of cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Laboratory December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Laboratory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laboratory shares will generate the highest return on investment. By undertsting and applying Laboratory stock market strength indicators, traders can identify Laboratory of entry and exit signals to maximize returns

Laboratory Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Laboratory's price direction in advance. Along with the technical and fundamental analysis of Laboratory Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laboratory 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.

Complementary Tools for Laboratory Stock analysis

When running Laboratory's price analysis, check to measure Laboratory'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 Laboratory is operating at the current time. Most of Laboratory's value examination focuses on studying past and present price action to predict the probability of Laboratory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laboratory's price. Additionally, you may evaluate how the addition of Laboratory to your portfolios can decrease your overall portfolio volatility.
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