Laurentian Bank Stock Price on February 1, 2023
| LB Stock | CAD 29.50 0.11 0.37% |
Below is the normalized historical share price chart for Laurentian Bank extending back to December 18, 1989. 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 Laurentian Bank stands at 29.50, as last reported on the 29th of November, with the highest price reaching 29.63 and the lowest price hitting 29.17 during the day.
If you're considering investing in Laurentian Stock, it is important to understand the factors that can impact its price. Laurentian Bank appears to be very steady, given 3 months investment horizon. Laurentian Bank has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Laurentian Bank, which you can use to evaluate the volatility of the firm. Please exercise Laurentian Bank's Risk Adjusted Performance of 0.1152, downside deviation of 1.26, and Mean Deviation of 0.8407 to check out if our risk estimates are consistent with your expectations.
As of the 29th of November 2024, Total Stockholder Equity is likely to grow to about 3.5 B, while Common Stock Shares Outstanding is likely to drop about 31.1 M. . At this time, Laurentian Bank's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Earnings Ratio is likely to grow to 7.98, though Price Earnings To Growth Ratio is likely to grow to (0.24). Laurentian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 26.7482 | 50 Day MA 27.2324 | Beta 1.253 |
Laurentian |
Sharpe Ratio = 0.1979
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Laurentian Bank is performing at about 15% 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 Laurentian Bank by adding it to a well-diversified portfolio.
Price Book 0.485 | Price Sales 1.3681 | Shares Float 40.4 M | Dividend Share 1.88 | Wall Street Target Price 28 |
Laurentian Bank Main Headline on 1st of February 2023
Laurentian Bank dividend paid on 1st of February 2023 |
Laurentian Bank Valuation on February 1, 2023
It is possible to determine the worth of Laurentian Bank on a given historical date. On February 1, 2023 Laurentian was worth 31.87 at the beginning of the trading date compared to the closed value of 31.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laurentian Bank stock. Still, in general, we apply an absolute valuation method to find Laurentian Bank'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 Laurentian Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laurentian Bank's related companies.
| Open | High | Low | Close | Volume | |
| 31.69 | 31.98 | 31.65 | 31.93 | 87,622 | |
02/01/2023 | 31.87 | 31.94 | 31.47 | 31.55 | 213,986 |
| 31.68 | 32.07 | 31.68 | 31.85 | 182,052 |
| Backtest Laurentian Bank | | | Laurentian Bank History | | | Laurentian Bank Valuation | Previous | Next |
Laurentian Bank Trading Date Momentum on February 1, 2023
| On February 02 2023 Laurentian Bank was traded for 31.85 at the closing time. The highest daily price throughout the period was 32.07 and the lowest price was 31.68 . The daily volume was 182.1 K. The net trading volume on 02/02/2023 added to the next day price boost. The trading delta at closing time to closing price of the next trading day was 0.95% . The trading delta at closing time to current closing price is 0.03% . |
Laurentian Bank Fundamentals Correlations and Trends
By evaluating Laurentian Bank'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 Laurentian Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laurentian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Laurentian Bank Stock history
Laurentian Bank 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 Laurentian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laurentian Bank 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 Laurentian Bank stock prices may prove useful in developing a viable investing in Laurentian Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 50 M | 31.1 M | |
| Net Income Applicable To Common Shares | 247 M | 156.7 M |
Laurentian Bank Stock Technical Analysis
Laurentian Bank 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
Laurentian Bank Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Laurentian Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Laurentian Bank November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Laurentian Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laurentian Bank shares will generate the highest return on investment. By undertsting and applying Laurentian Bank stock market strength indicators, traders can identify Laurentian Bank entry and exit signals to maximize returns
Laurentian Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Laurentian Bank's price direction in advance. Along with the technical and fundamental analysis of Laurentian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laurentian 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 | 0.1152 | |||
| Jensen Alpha | 0.1529 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | 1.51 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.