Leap Therapeutics Stock Price on November 10, 2023
| LPTX Stock | USD 3.35 0.13 4.04% |
If you're considering investing in Leap Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leap Therapeutics stands at 3.35, as last reported on the 5th of January, with the highest price reaching 3.36 and the lowest price hitting 3.13 during the day. Leap Therapeutics appears to be very risky, given 3 months investment horizon. Leap Therapeutics has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Leap Therapeutics' technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please exercise Leap Therapeutics' Downside Deviation of 4.35, risk adjusted performance of 0.108, and Mean Deviation of 4.36 to check out if our risk estimates are consistent with your expectations.
Leap Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Leap |
Sharpe Ratio = 0.1226
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Estimated Market Risk
| 5.71 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Leap Therapeutics 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 Leap Therapeutics by adding it to a well-diversified portfolio.
Leap Therapeutics Valuation on November 10, 2023
It is possible to determine the worth of Leap Therapeutics on a given historical date. On November 10, 2023 Leap was worth 1.48 at the beginning of the trading date compared to the closed value of 1.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leap Therapeutics stock. Still, in general, we apply an absolute valuation method to find Leap Therapeutics' 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 Leap Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leap Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 1.55 | 1.74 | 1.43 | 1.49 | 230,024 | |
11/10/2023 | 1.48 | 1.55 | 1.33 | 1.38 | 288,395 |
| 1.40 | 1.52 | 1.32 | 1.43 | 149,101 |
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Leap Therapeutics Trading Date Momentum on November 10, 2023
| On November 13 2023 Leap Therapeutics was traded for 1.43 at the closing time. The top price for the day was 1.52 and the lowest listed price was 1.32 . The trading volume for the day was 149.1 K. The trading history from November 13, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 3.62% . The trading delta at closing time against the current closing price is 34.06% . |
Leap Therapeutics Fundamentals Correlations and Trends
By evaluating Leap Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Leap Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Leap Therapeutics Stock history
Leap Therapeutics 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 Leap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leap Therapeutics 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 Leap Therapeutics stock prices may prove useful in developing a viable investing in Leap Therapeutics
Leap Therapeutics, Inc., a biopharmaceutical company, acquires and develops therapies for the treatment of cancer. Leap Therapeutics, Inc. was incorporated in 2011 and is based in Cambridge, Massachusetts. Leap Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 36 people.
Leap Therapeutics Stock Technical Analysis
Leap Therapeutics 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
Leap Therapeutics Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Leap Therapeutics 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.
Leap Therapeutics January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Leap Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leap Therapeutics shares will generate the highest return on investment. By undertsting and applying Leap Therapeutics stock market strength indicators, traders can identify Leap Therapeutics entry and exit signals to maximize returns
Leap Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Leap Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Leap Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leap 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 | 0.108 | |||
| Jensen Alpha | 0.6763 | |||
| Total Risk Alpha | 0.6031 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 0.6234 |
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Additional Tools for Leap Stock Analysis
When running Leap Therapeutics' price analysis, check to measure Leap Therapeutics' 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 Leap Therapeutics is operating at the current time. Most of Leap Therapeutics' value examination focuses on studying past and present price action to predict the probability of Leap Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leap Therapeutics' price. Additionally, you may evaluate how the addition of Leap Therapeutics to your portfolios can decrease your overall portfolio volatility.