Lumentum Holdings Stock Price on December 1, 2023
| LITE Stock | USD 100.38 2.93 3.01% |
Below is the normalized historical share price chart for Lumentum Holdings extending back to July 23, 2015. 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 Lumentum Holdings stands at 100.38, as last reported on the 23rd of January, with the highest price reaching 104.00 and the lowest price hitting 99.10 during the day.
If you're considering investing in Lumentum Stock, it is important to understand the factors that can impact its price. Lumentum Holdings appears to be very steady, given 3 months investment horizon. Lumentum Holdings has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24 % return per unit of risk over the last 3 months. By analyzing Lumentum Holdings' technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Lumentum Holdings' Downside Deviation of 2.74, risk adjusted performance of 0.1665, and Mean Deviation of 2.47 to check out if our risk estimates are consistent with your expectations.
At present, Lumentum Holdings' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 155.5 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 2.5 B. . At present, Lumentum Holdings' Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 27.02, whereas Price Earnings Ratio is forecasted to decline to 13.81. Lumentum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of August 2015 | 200 Day MA 60.8638 | 50 Day MA 85.8886 | Beta 0.881 |
Lumentum |
Sharpe Ratio = 0.2379
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Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Lumentum Holdings is performing at about 18% 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 Lumentum Holdings by adding it to a well-diversified portfolio.
Price Book 7.4727 | Enterprise Value Ebitda 148.2589 | Price Sales 4.8566 | Shares Float 68.1 M | Wall Street Target Price 93.8125 |
Lumentum Holdings Valuation on December 1, 2023
It is possible to determine the worth of Lumentum Holdings on a given historical date. On December 1, 2023 Lumentum was worth 42.67 at the beginning of the trading date compared to the closed value of 44.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lumentum Holdings stock. Still, in general, we apply an absolute valuation method to find Lumentum 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 Lumentum Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lumentum Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 43.10 | 43.27 | 42.45 | 42.80 | 1,373,983 | |
12/01/2023 | 42.67 | 44.44 | 42.50 | 44.25 | 1,031,177 |
| 43.87 | 44.34 | 42.99 | 44.08 | 879,901 |
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Lumentum Holdings Trading Date Momentum on December 1, 2023
| On December 04 2023 Lumentum Holdings was traded for 44.08 at the closing time. The top price for the day was 44.34 and the lowest listed price was 42.99 . The trading volume for the day was 879.9 K. The trading history from December 4, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.38% . The trading delta at closing time against the current closing price is 0.38% . |
Lumentum Holdings Fundamentals Correlations and Trends
By evaluating Lumentum 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 Lumentum Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lumentum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lumentum Holdings Stock history
Lumentum 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 Lumentum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lumentum Holdings 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 Lumentum Holdings stock prices may prove useful in developing a viable investing in Lumentum Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 77.4 M | 72.3 M | |
| Net Loss | -151.3 M | -143.8 M |
Lumentum Holdings Quarterly Net Working Capital |
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Lumentum Holdings Stock Technical Analysis
Lumentum 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
Lumentum Holdings Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Lumentum Holdings 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.
Lumentum Holdings January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Lumentum 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 Lumentum Holdings shares will generate the highest return on investment. By undertsting and applying Lumentum Holdings stock market strength indicators, traders can identify Lumentum Holdings entry and exit signals to maximize returns
Lumentum Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lumentum Holdings' price direction in advance. Along with the technical and fundamental analysis of Lumentum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lumentum 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 | 0.1665 | |||
| Jensen Alpha | 0.5867 | |||
| Total Risk Alpha | 0.5178 | |||
| Sortino Ratio | 0.2162 | |||
| Treynor Ratio | 0.5031 |
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Complementary Tools for Lumentum Stock analysis
When running Lumentum Holdings' price analysis, check to measure Lumentum 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 Lumentum Holdings is operating at the current time. Most of Lumentum Holdings' value examination focuses on studying past and present price action to predict the probability of Lumentum Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumentum Holdings' price. Additionally, you may evaluate how the addition of Lumentum Holdings to your portfolios can decrease your overall portfolio volatility.
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