Lichen China Limited Stock Price on October 4, 2024
| LICN Stock | 0.26 0.04 14.67% |
If you're considering investing in Lichen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lichen China stands at 0.26, as last reported on the 11th of December 2024, with the highest price reaching 0.28 and the lowest price hitting 0.26 during the day. Lichen China Limited has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Lichen China exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lichen China's Risk Adjusted Performance of (0.09), mean deviation of 5.16, and Standard Deviation of 11.02 to check out the risk estimate we provide.
As of the 11th of December 2024, Other Stockholder Equity is likely to grow to about 15.6 M, while Total Stockholder Equity is likely to drop about 42 M. . At this time, Lichen China's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Cash Flow Ratio is likely to grow to 97.32, while Price To Sales Ratio is likely to drop 1.23. Lichen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lichen |
Sharpe Ratio = -0.153
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Estimated Market Risk
| 11.2 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lichen China 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 Lichen China by adding Lichen China to a well-diversified portfolio.
Price Book 0.2724 | Enterprise Value Ebitda 3.0049 | Price Sales 0.3531 | Shares Float 23.8 M | Earnings Share 0.3 |
Lichen China Valuation on October 4, 2024
It is possible to determine the worth of Lichen China on a given historical date. On October 4, 2024 Lichen was worth 1.86 at the beginning of the trading date compared to the closed value of 1.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lichen China stock. Still, in general, we apply an absolute valuation method to find Lichen China'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 Lichen China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lichen China's related companies.
| Open | High | Low | Close | Volume | |
| 1.78 | 1.93 | 1.78 | 1.91 | 23,089 | |
10/04/2024 | 1.86 | 1.95 | 1.86 | 1.93 | 32,435 |
| 1.90 | 1.97 | 1.86 | 1.93 | 6,128 |
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Lichen China Trading Date Momentum on October 4, 2024
| On October 07 2024 Lichen China Limited was traded for 1.93 at the closing time. The top price for the day was 1.97 and the lowest listed price was 1.86 . The trading volume for the day was 6.1 K. The trading history from October 7, 2024 did not cause price change. The trading delta at closing time against the current closing price is 9.33% . |
Lichen China Limited Fundamentals Correlations and Trends
By evaluating Lichen China'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 Lichen China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lichen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lichen China Stock history
Lichen China 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 Lichen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lichen China 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 Lichen China stock prices may prove useful in developing a viable investing in Lichen China
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.1 M | 21.6 M | |
| Net Income Applicable To Common Shares | 9 M | 8.2 M |
Lichen China Quarterly Net Working Capital |
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Lichen China Stock Technical Analysis
Lichen China 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
Lichen China Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Lichen China Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Lichen China December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Lichen China stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lichen China shares will generate the highest return on investment. By undertsting and applying Lichen China stock market strength indicators, traders can identify Lichen China Limited entry and exit signals to maximize returns
Lichen China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lichen China's price direction in advance. Along with the technical and fundamental analysis of Lichen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lichen 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 | (0.09) | |||
| Jensen Alpha | (1.69) | |||
| Total Risk Alpha | (3.31) | |||
| Treynor Ratio | (1.34) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lichen China Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lichen China. If investors know Lichen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lichen China listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Earnings Share 0.3 | Revenue Per Share 1.491 | Quarterly Revenue Growth 0.136 | Return On Assets 0.1078 |
The market value of Lichen China Limited is measured differently than its book value, which is the value of Lichen that is recorded on the company's balance sheet. Investors also form their own opinion of Lichen China's value that differs from its market value or its book value, called intrinsic value, which is Lichen China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lichen China's market value can be influenced by many factors that don't directly affect Lichen China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lichen China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lichen China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lichen China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.