Lasertec Stock Price on May 19, 2023
LSRCY Stock | USD 19.37 0.40 2.02% |
If you're considering investing in Lasertec Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Lasertec stands at 19.37, as last reported on the 20th of December, with the highest price reaching 19.55 and the lowest price hitting 19.03 during the day. Lasertec has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28% return per unit of risk over the last 3 months. Lasertec exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lasertec's Risk Adjusted Performance of (0.15), standard deviation of 3.25, and Mean Deviation of 2.26 to check out the risk estimate we provide.
Lasertec Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Lasertec |
Sharpe Ratio = -0.2808
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Estimated Market Risk
3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.87 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lasertec 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 Lasertec by adding Lasertec to a well-diversified portfolio.
Lasertec Valuation on May 19, 2023
It is possible to determine the worth of Lasertec on a given historical date. On May 19, 2023 Lasertec was worth 29.85 at the beginning of the trading date compared to the closed value of 30.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lasertec pink sheet. Still, in general, we apply an absolute valuation method to find Lasertec'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 Lasertec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lasertec's related companies.
Open | High | Low | Close | Volume | |
30.00 | 30.34 | 30.00 | 30.25 | 34,356 | |
05/19/2023 | 29.85 | 30.39 | 29.76 | 30.15 | 238,916 |
31.28 | 31.28 | 30.30 | 30.98 | 234,130 |
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Lasertec Trading Date Momentum on May 19, 2023
On May 22 2023 Lasertec was traded for 30.98 at the closing time. The highest daily price throughout the period was 31.28 and the lowest price was 30.30 . The daily volume was 234.1 K. The net trading volume on 05/22/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.75% . The trading delta at closing time to current closing price is 6.07% . |
Lasertec Fundamentals Correlations and Trends
By evaluating Lasertec'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 Lasertec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lasertec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lasertec Pink Sheet history
Lasertec 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 Lasertec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lasertec 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 Lasertec stock prices may prove useful in developing a viable investing in Lasertec
Lasertec Corporation develops, manufactures, sells, and services semiconductor-related equipment, laser microscopes, and flat panel display-related equipment worldwide. Lasertec Corporation was founded in 1960 and is headquartered in Yokohama, Japan. LASERTEC CORP operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 662 people.
Lasertec Pink Sheet Technical Analysis
Lasertec technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Lasertec Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Lasertec cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Lasertec December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Lasertec pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lasertec shares will generate the highest return on investment. By undertsting and applying Lasertec pink sheet market strength indicators, traders can identify Lasertec entry and exit signals to maximize returns
Lasertec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lasertec's price direction in advance. Along with the technical and fundamental analysis of Lasertec Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lasertec 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 | (0.15) | |||
Jensen Alpha | (0.68) | |||
Total Risk Alpha | (0.77) | |||
Treynor Ratio | (2.53) |
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Additional Tools for Lasertec Pink Sheet Analysis
When running Lasertec's price analysis, check to measure Lasertec's 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 Lasertec is operating at the current time. Most of Lasertec's value examination focuses on studying past and present price action to predict the probability of Lasertec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lasertec's price. Additionally, you may evaluate how the addition of Lasertec to your portfolios can decrease your overall portfolio volatility.