Licycle Holdings Corp Stock Price on May 20, 2024
| LICY Stock | USD 2.17 0.02 0.93% |
If you're considering investing in LiCycle Stock, it is important to understand the factors that can impact its price. As of today, the current price of LiCycle Holdings stands at 2.17, as last reported on the 28th of November, with the highest price reaching 2.22 and the lowest price hitting 2.15 during the day. LiCycle Holdings is dangerous given 3 months investment horizon. LiCycle Holdings Corp retains Efficiency (Sharpe Ratio) of 0.12, which conveys that the firm had a 0.12% return per unit of return volatility over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use LiCycle Holdings Corp Market Risk Adjusted Performance of 0.9051, downside deviation of 7.39, and Mean Deviation of 6.73 to evaluate company specific risk that cannot be diversified away.
At this time, LiCycle Holdings' Other Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 782.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 175 M in 2024. . Price To Sales Ratio is likely to drop to 403.52 in 2024. Price Earnings Ratio is likely to drop to -46.29 in 2024. LiCycle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LiCycle |
Sharpe Ratio = 0.1179
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Estimated Market Risk
| 9.73 actual daily | 86 86% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average LiCycle Holdings is performing at about 9% 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 LiCycle Holdings by adding it to a well-diversified portfolio.
Price Book 0.1691 | Enterprise Value Ebitda (29.31) | Price Sales 1.822 | Shares Float 18.8 M | Wall Street Target Price 2.625 |
LiCycle Holdings Valuation on May 20, 2024
It is possible to determine the worth of LiCycle Holdings on a given historical date. On May 20, 2024 LiCycle was worth 4.78 at the beginning of the trading date compared to the closed value of 4.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LiCycle Holdings stock. Still, in general, we apply an absolute valuation method to find LiCycle Holdings' 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 LiCycle Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LiCycle Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 4.80 | 5.04 | 4.66 | 4.75 | 148,192 | |
05/20/2024 | 4.78 | 5.02 | 4.72 | 4.81 | 182,777 |
| 4.80 | 5.12 | 4.68 | 4.86 | 333,330 |
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LiCycle Holdings Trading Date Momentum on May 20, 2024
| On May 21 2024 LiCycle Holdings Corp was traded for 4.86 at the closing time. The top price for the day was 5.12 and the lowest listed price was 4.68 . The trading volume for the day was 333.3 K. The trading history from May 21, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.04% . The trading delta at closing time against the current closing price is 18.50% . |
LiCycle Holdings Corp Fundamentals Correlations and Trends
By evaluating LiCycle Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LiCycle Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LiCycle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LiCycle Holdings Stock history
LiCycle Holdings 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 LiCycle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LiCycle Holdings Corp 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 LiCycle Holdings stock prices may prove useful in developing a viable investing in LiCycle Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 177.5 M | 175 M | |
| Net Loss | -48.2 M | -50.7 M |
LiCycle Holdings Stock Technical Analysis
LiCycle Holdings 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
LiCycle Holdings Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
LiCycle Holdings Corp 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.
LiCycle Holdings November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how LiCycle Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LiCycle Holdings shares will generate the highest return on investment. By undertsting and applying LiCycle Holdings stock market strength indicators, traders can identify LiCycle Holdings Corp entry and exit signals to maximize returns
LiCycle Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LiCycle Holdings' price direction in advance. Along with the technical and fundamental analysis of LiCycle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LiCycle 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 | 0.0714 | |||
| Jensen Alpha | 0.6709 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | 0.0886 | |||
| Treynor Ratio | 0.8951 |
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Additional Tools for LiCycle Stock Analysis
When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' 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 LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.