Lichen China Limited Stock Price on February 6, 2023

LICN Stock   0.17  0.01  7.22%   
If you're considering investing in Lichen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lichen China stands at 0.17, as last reported on the 17th of December 2024, with the highest price reaching 0.22 and the lowest price hitting 0.17 during the day. Lichen China Limited has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Lichen China exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lichen China's Mean Deviation of 6.01, risk adjusted performance of (0.13), and Standard Deviation of 11.45 to check out the risk estimate we provide.
  
As of the 17th of December 2024, Other Stockholder Equity is likely to grow to about 15.6 M, while Total Stockholder Equity is likely to drop about 42 M. . At this time, Lichen China's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 17th of December 2024, Price Cash Flow Ratio is likely to grow to 97.32, while Price To Sales Ratio is likely to drop 1.23. Lichen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2098

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Estimated Market Risk

 11.6
  actual daily
96
96% of assets are less volatile

Expected Return

 -2.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Lichen China 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 Lichen China by adding Lichen China to a well-diversified portfolio.
Price Book
0.1025
Enterprise Value Ebitda
3.0049
Price Sales
0.1706
Shares Float
23.8 M
Earnings Share
0.3

Lichen China Main Headline on 6th of February 2023

The IPO Buzz Nextracker Tops a 1.1 Billion Week IPOScoop

Lichen China Valuation on February 6, 2023

It is possible to determine the worth of Lichen China on a given historical date. On February 6, 2023 Lichen was worth 3.9 at the beginning of the trading date compared to the closed value of 3.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lichen China stock. Still, in general, we apply an absolute valuation method to find Lichen China'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 Lichen China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lichen China's related companies.
 Open High Low Close Volume
02/06/2023
  3.90    4.25    3.08    3.50    4,728,700  
  3.22    3.55    2.82    3.45    681,400  
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Open Value
3.9
3.5
Closing Value
38.69
Upside

Lichen China Trading Date Momentum on February 6, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Lichen China Limited Fundamentals Correlations and Trends

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

About Lichen China Stock history

Lichen China 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 Lichen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lichen China Limited 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 Lichen China stock prices may prove useful in developing a viable investing in Lichen China
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.1 M21.6 M
Net Income Applicable To Common SharesM8.2 M

Lichen China Quarterly Net Working Capital

36.04 Million

Lichen China Stock Technical Analysis

Lichen China 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 Lichen China technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lichen China 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

Lichen China Period Price Range

Low
December 17, 2024
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High

 0.00 

     

 0.00 

Lichen China Limited 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.

Lichen China December 17, 2024 Market Strength

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

Lichen China Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lichen China's price direction in advance. Along with the technical and fundamental analysis of Lichen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lichen 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.
When determining whether Lichen China Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lichen China's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lichen China Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lichen China Limited Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lichen China Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Environmental & Facilities Services 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 Lichen China. If investors know Lichen 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 Lichen China listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
0.3
Revenue Per Share
1.491
Quarterly Revenue Growth
0.136
Return On Assets
0.1078
The market value of Lichen China Limited is measured differently than its book value, which is the value of Lichen that is recorded on the company's balance sheet. Investors also form their own opinion of Lichen China's value that differs from its market value or its book value, called intrinsic value, which is Lichen China'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 Lichen China's market value can be influenced by many factors that don't directly affect Lichen China'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 Lichen China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lichen China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lichen China'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.