Lion Electric Corp Stock Price on December 7, 2023
| LEV Stock | CAD 0.35 0.13 27.08% |
If you're considering investing in Lion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lion Electric stands at 0.35, as last reported on the 22nd of December, with the highest price reaching 0.35 and the lowest price hitting 0.35 during the day. Lion Electric Corp has Sharpe Ratio of -0.0889, which conveys that the firm had a -0.0889% return per unit of risk over the last 3 months. Lion Electric exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lion Electric's Risk Adjusted Performance of (0.06), standard deviation of 11.24, and Mean Deviation of 6.28 to check out the risk estimate we provide.
As of the 22nd of December 2024, Total Stockholder Equity is likely to drop to about 271.2 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 173.5 M. As of the 22nd of December 2024, Price To Sales Ratio is likely to drop to 1.49. In addition to that, Price Earnings Ratio is likely to drop to -4.02. Lion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lion |
Sharpe Ratio = -0.0889
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Estimated Market Risk
| 11.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lion Electric 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 Lion Electric by adding Lion Electric to a well-diversified portfolio.
Price Book 0.1945 | Enterprise Value Ebitda (12.64) | Price Sales 0.4414 | Shares Float 121.7 M | Wall Street Target Price 1.1071 |
Lion Electric Valuation on December 7, 2023
It is possible to determine the worth of Lion Electric on a given historical date. On December 7, 2023 Lion was worth 2.29 at the beginning of the trading date compared to the closed value of 2.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lion Electric stock. Still, in general, we apply an absolute valuation method to find Lion Electric'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 Lion Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lion Electric's related companies.
| Open | High | Low | Close | Volume | |
| 2.32 | 2.40 | 2.27 | 2.27 | 257,000 | |
12/07/2023 | 2.29 | 2.33 | 2.27 | 2.28 | 221,900 |
| 2.29 | 2.38 | 2.27 | 2.36 | 343,600 |
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Lion Electric Trading Date Momentum on December 7, 2023
| On December 08 2023 Lion Electric Corp was traded for 2.36 at the closing time. The maximum traded price for the trading interval was 2.38 and the lowest daily price was 2.27 . The daily volume was recorded at 343.6 K. The volume of trading on 8th of December 2023 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 3.51% . The trading delta at closing time to the closing price today is 13.16% . |
Lion Electric Corp Fundamentals Correlations and Trends
By evaluating Lion Electric'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 Lion Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lion Electric Stock history
Lion Electric 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 Lion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lion Electric 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 Lion Electric stock prices may prove useful in developing a viable investing in Lion Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 224.3 M | 173.5 M | |
| Net Income Applicable To Common Shares | 20.4 M | 21.5 M |
Lion Electric Stock Technical Analysis
Lion Electric 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
Lion Electric Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Lion Electric Corp 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.
Lion Electric December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Lion Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lion Electric shares will generate the highest return on investment. By undertsting and applying Lion Electric stock market strength indicators, traders can identify Lion Electric Corp entry and exit signals to maximize returns
Lion Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lion Electric's price direction in advance. Along with the technical and fundamental analysis of Lion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lion 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 | (0.06) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | 0.5516 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.