Leatt Corp Stock Price on May 16, 2024

LEAT Stock  USD 7.62  0.02  0.26%   
If you're considering investing in Leatt OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leatt Corp stands at 7.62, as last reported on the 2nd of December, with the highest price reaching 7.64 and the lowest price hitting 7.60 during the day. Leatt Corp has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Leatt Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leatt Corp's Mean Deviation of 2.16, risk adjusted performance of 0.0199, and Downside Deviation of 3.21 to check out the risk estimate we provide.
  
Leatt OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1001

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsLEAT

Estimated Market Risk

 2.99
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Leatt Corp 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 Leatt Corp by adding Leatt Corp to a well-diversified portfolio.

Leatt Corp Valuation on May 16, 2024

It is possible to determine the worth of Leatt Corp on a given historical date. On May 16, 2024 Leatt was worth 7.48 at the beginning of the trading date compared to the closed value of 7.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leatt Corp otc stock. Still, in general, we apply an absolute valuation method to find Leatt Corp'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 Leatt Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leatt Corp's related companies.
 Open High Low Close Volume
  7.46    7.46    7.26    7.30    3,400  
05/16/2024
  7.48    7.48    7.35    7.35    500.00  
  7.30    7.30    7.30    7.30    2,000  
Backtest Leatt Corp  |  Leatt Corp History  |  Leatt Corp Valuation   PreviousNext  
Open Value
7.48
7.35
Closing Value
16.44
Upside

Leatt Corp Trading Date Momentum on May 16, 2024

On May 17 2024 Leatt Corp was traded for  7.30  at the closing time. The top price for the day was 7.30  and the lowest listed price was  7.30 . The trading volume for the day was 2 K. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.68% . The trading delta at closing time against the current closing price is 3.40% .

Leatt Corp Fundamentals Correlations and Trends

By evaluating Leatt Corp'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 Leatt Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leatt financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Leatt Corp OTC Stock history

Leatt Corp 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 Leatt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leatt Corp 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 Leatt Corp stock prices may prove useful in developing a viable investing in Leatt Corp
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company was founded in 2001 and is headquartered in Durbanville, South Africa. Leatt Corp operates under Leisure classification in the United States and is traded on OTC Exchange. It employs 57 people.

Leatt Corp OTC Stock Technical Analysis

Leatt Corp technical otc 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, otc market cycles, or different charting patterns.
A focus of Leatt Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Leatt Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Leatt Corp Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Leatt Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

Leatt Corp December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Leatt Corp otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leatt Corp shares will generate the highest return on investment. By undertsting and applying Leatt Corp otc stock market strength indicators, traders can identify Leatt Corp entry and exit signals to maximize returns

Leatt Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Leatt Corp's price direction in advance. Along with the technical and fundamental analysis of Leatt OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leatt 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.

Additional Tools for Leatt OTC Stock Analysis

When running Leatt Corp's price analysis, check to measure Leatt Corp'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 Leatt Corp is operating at the current time. Most of Leatt Corp's value examination focuses on studying past and present price action to predict the probability of Leatt Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leatt Corp's price. Additionally, you may evaluate how the addition of Leatt Corp to your portfolios can decrease your overall portfolio volatility.