Luna Innovations Incorporated Price on December 26, 2024
LUNADelisted Stock | USD 1.07 0.05 4.90% |
If you're considering investing in Luna Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Luna Innovations stands at 1.07, as last reported on the 21st of January, with the highest price reaching 1.07 and the lowest price hitting 0.95 during the day. Luna Innovations has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Luna Innovations exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luna Innovations' Risk Adjusted Performance of 0.0098, downside deviation of 12.18, and Mean Deviation of 5.74 to check out the risk estimate we provide.
Luna Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Luna |
Sharpe Ratio = -0.0064
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Estimated Market Risk
10.4 actual daily | 92 92% of assets are less volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Luna Innovations 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 Luna Innovations by adding Luna Innovations to a well-diversified portfolio.
Related Headline
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Luna Innovations Valuation on December 26, 2024
It is possible to determine the worth of Luna Innovations on a given historical date. On December 26, 2024 Luna was worth 1.73 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luna Innovations pink sheet. Still, in general, we apply an absolute valuation method to find Luna Innovations' 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 Luna Innovations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luna Innovations' related companies.
Open | High | Low | Close | Volume | |
1.56 | 1.66 | 1.54 | 1.62 | 97,739 | |
12/26/2024 | 1.73 | 2.13 | 1.71 | 2.05 | 1,380,475 |
2.19 | 2.47 | 2.10 | 2.17 | 1,090,146 |
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Luna Innovations Trading Date Momentum on December 26, 2024
On December 27 2024 Luna Innovations Incorporated was traded for 2.17 at the closing time. The top price for the day was 2.47 and the lowest listed price was 2.10 . The trading volume for the day was 1.1 M. The trading history from December 27, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 5.85% . The trading delta at closing time against the current closing price is 41.46% . |
Luna Innovations Fundamentals Correlations and Trends
By evaluating Luna Innovations' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Luna Innovations' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luna Innovations Pink Sheet history
Luna Innovations 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 Luna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luna Innovations 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 Luna Innovations stock prices may prove useful in developing a viable investing in Luna Innovations
Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia. Luna Innovations operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 385 people.
Luna Innovations Pink Sheet Technical Analysis
Luna Innovations 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
Luna Innovations Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Luna Innovations Incorporated 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.
Luna Innovations January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Luna Innovations 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 Luna Innovations shares will generate the highest return on investment. By undertsting and applying Luna Innovations pink sheet market strength indicators, traders can identify Luna Innovations Incorporated entry and exit signals to maximize returns
Luna Innovations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luna Innovations' price direction in advance. Along with the technical and fundamental analysis of Luna Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luna 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 | 0.0098 | |||
Jensen Alpha | 0.0103 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.0044 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Luna Pink Sheet
If you are still planning to invest in Luna Innovations check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Luna Innovations' history and understand the potential risks before investing.
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