Lenovo Group (Germany) Price on May 23, 2024
| LHL1 Stock | 23.00 0.20 0.88% |
If you're considering investing in Lenovo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lenovo Group stands at 23.00, as last reported on the 23rd of December, with the highest price reaching 23.00 and the lowest price hitting 23.00 during the day. Currently, Lenovo Group Limited is not too volatile. Lenovo Group Limited has Sharpe Ratio of 0.0383, which conveys that the firm had a 0.0383% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lenovo Group, which you can use to evaluate the volatility of the firm. Please verify Lenovo Group's Risk Adjusted Performance of 0.0561, mean deviation of 2.19, and Downside Deviation of 3.5 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Lenovo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lenovo |
Sharpe Ratio = 0.0383
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | LHL1 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lenovo Group is performing at about 3% 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 Lenovo Group by adding it to a well-diversified portfolio.
Lenovo Group Valuation on May 23, 2024
It is possible to determine the worth of Lenovo Group on a given historical date. On May 23, 2024 Lenovo was worth 25.11 at the beginning of the trading date compared to the closed value of 25.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lenovo Group stock. Still, in general, we apply an absolute valuation method to find Lenovo Group'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 Lenovo Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lenovo Group's related companies.
| Open | High | Low | Close | Volume | |
| 25.50 | 25.50 | 25.11 | 25.11 | 1.00 | |
05/23/2024 | 25.11 | 25.11 | 25.11 | 25.11 | 1.00 |
| 24.35 | 24.54 | 24.35 | 24.54 | 1.00 |
| Backtest Lenovo Group | | | Lenovo Group History | | | Lenovo Group Valuation | Previous | Next |
Lenovo Group Trading Date Momentum on May 23, 2024
| On May 24 2024 Lenovo Group Limited was traded for 24.54 at the closing time. The highest price during the trading period was 24.54 and the lowest recorded bid was listed for 24.35 . There was no trading activity during the period 1.0. Lack of trading volume on May 24, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.27% . The trading delta at closing time to the current price is 1.55% . |
Lenovo Group Limited Fundamentals Correlations and Trends
By evaluating Lenovo Group'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 Lenovo Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lenovo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lenovo Group Stock history
Lenovo Group 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 Lenovo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lenovo Group Limited 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 Lenovo Group stock prices may prove useful in developing a viable investing in Lenovo Group
Lenovo Group Stock Technical Analysis
Lenovo Group 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
Lenovo Group Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Lenovo Group Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Lenovo Group December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Lenovo Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lenovo Group shares will generate the highest return on investment. By undertsting and applying Lenovo Group stock market strength indicators, traders can identify Lenovo Group Limited entry and exit signals to maximize returns
Lenovo Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lenovo Group's price direction in advance. Along with the technical and fundamental analysis of Lenovo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lenovo 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 | 0.0561 | |||
| Jensen Alpha | 0.1696 | |||
| Total Risk Alpha | 0.0892 | |||
| Sortino Ratio | 0.0429 | |||
| Treynor Ratio | 1.49 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Lenovo Stock Analysis
When running Lenovo Group's price analysis, check to measure Lenovo Group'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 Lenovo Group is operating at the current time. Most of Lenovo Group's value examination focuses on studying past and present price action to predict the probability of Lenovo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lenovo Group's price. Additionally, you may evaluate how the addition of Lenovo Group to your portfolios can decrease your overall portfolio volatility.