Lifecare (Norway) Price on October 20, 2023
LIFE Stock | NOK 14.50 0.35 2.36% |
If you're considering investing in Lifecare Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lifecare stands at 14.50, as last reported on the 2nd of December, with the highest price reaching 14.80 and the lowest price hitting 14.10 during the day. Lifecare AS has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Lifecare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lifecare's Risk Adjusted Performance of (0.07), mean deviation of 3.33, and Standard Deviation of 4.69 to check out the risk estimate we provide.
Lifecare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lifecare |
Sharpe Ratio = -0.1055
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Estimated Market Risk
4.73 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lifecare 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 Lifecare by adding Lifecare to a well-diversified portfolio.
Lifecare Valuation on October 20, 2023
It is possible to determine the worth of Lifecare on a given historical date. On October 20, 2023 Lifecare was worth 30.67 at the beginning of the trading date compared to the closed value of 28.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lifecare stock. Still, in general, we apply an absolute valuation method to find Lifecare'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 Lifecare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lifecare's related companies.
Open | High | Low | Close | Volume | |
32.97 | 35.61 | 31.22 | 32.64 | 15,026 | |
10/20/2023 | 30.67 | 31.65 | 27.81 | 28.36 | 135,084 |
28.80 | 29.24 | 27.15 | 27.92 | 62,634 |
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Lifecare Trading Date Momentum on October 20, 2023
On October 23 2023 Lifecare AS was traded for 27.92 at the closing time. The highest price during the trading period was 29.24 and the lowest recorded bid was listed for 27.15 . The volume for the day was 62.6 K. This history from October 23, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.55% . The trading delta at closing time to the current price is 9.31% . |
Lifecare AS Fundamentals Correlations and Trends
By evaluating Lifecare'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 Lifecare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lifecare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lifecare Stock history
Lifecare 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 Lifecare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lifecare AS 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 Lifecare stock prices may prove useful in developing a viable investing in Lifecare
Lifecare AS engages in the research and development of medical sensors for health monitoring in Norway. The company was founded in 2006 and is headquartered in Bergen, Norway. LIFECARE is traded on Oslo Stock Exchange in Norway.
Lifecare Stock Technical Analysis
Lifecare 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
Lifecare Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Lifecare AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
Lifecare December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Lifecare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lifecare shares will generate the highest return on investment. By undertsting and applying Lifecare stock market strength indicators, traders can identify Lifecare AS entry and exit signals to maximize returns
Lifecare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lifecare's price direction in advance. Along with the technical and fundamental analysis of Lifecare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lifecare 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 | (0.07) | |||
Jensen Alpha | (0.76) | |||
Total Risk Alpha | (1.30) | |||
Treynor Ratio | (0.28) |
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Other Information on Investing in Lifecare Stock
Lifecare financial ratios help investors to determine whether Lifecare Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lifecare with respect to the benefits of owning Lifecare security.