Li Ning Company Stock Price on December 2, 2024
| LNNGF Stock | USD 2.40 0.33 15.94% |
If you're considering investing in LNNGF Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Li Ning stands at 2.40, as last reported on the 12th of December 2024, with the highest price reaching 2.40 and the lowest price hitting 2.40 during the day. Li Ning appears to be dangerous, given 3 months investment horizon. Li Ning Company retains Efficiency (Sharpe Ratio) of 0.13, which conveys that the firm had a 0.13% return per unit of price deviation over the last 3 months. By inspecting Li Ning's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Li Ning's Mean Deviation of 2.26, standard deviation of 5.34, and Market Risk Adjusted Performance of (0.68) to check out if our risk estimates are consistent with your expectations.
LNNGF Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
LNNGF |
Sharpe Ratio = 0.1327
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Estimated Market Risk
| 5.39 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Li Ning is performing at about 10% 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 Li Ning by adding it to a well-diversified portfolio.
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Li Ning Valuation on December 2, 2024
It is possible to determine the worth of Li Ning on a given historical date. On December 2, 2024 LNNGF was worth 2.07 at the beginning of the trading date compared to the closed value of 2.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Li Ning pink sheet. Still, in general, we apply an absolute valuation method to find Li Ning'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 Li Ning where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Li Ning's related companies.
| Open | High | Low | Close | Volume | |
| 2.07 | 2.07 | 2.07 | 2.07 | 1.00 | |
12/02/2024 | 2.07 | 2.07 | 2.07 | 2.07 | 1.00 |
| 2.07 | 2.07 | 2.07 | 2.07 | 1.00 |
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Li Ning Trading Date Momentum on December 2, 2024
| On December 03 2024 Li Ning Company was traded for 2.07 at the closing time. The highest daily price throughout the period was 2.07 and the lowest price was 2.07 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 did not cause price change. The trading delta at closing time to current closing price is 15.94% . |
Li Ning Company Fundamentals Correlations and Trends
By evaluating Li Ning'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 Li Ning's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LNNGF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Li Ning Pink Sheet history
Li Ning 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 LNNGF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Li Ning Company 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 Li Ning stock prices may prove useful in developing a viable investing in Li Ning
Li Ning Company Limited engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the Peoples Republic of China. Li Ning Company Limited was founded in 1990 and is headquartered in Beijing, the Peoples Republic of China. Li Ning operates under Leisure classification in the United States and is traded on OTC Exchange. It employs 4591 people.
Li Ning Pink Sheet Technical Analysis
Li Ning technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Li Ning Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Li Ning Company cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Li Ning December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Li Ning pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Li Ning shares will generate the highest return on investment. By undertsting and applying Li Ning pink sheet market strength indicators, traders can identify Li Ning Company entry and exit signals to maximize returns
Li Ning Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Li Ning's price direction in advance. Along with the technical and fundamental analysis of LNNGF Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of LNNGF 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 | 0.0871 | |||
| Jensen Alpha | 0.6657 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0681 | |||
| Treynor Ratio | (0.69) |
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| Volume Indicators |
Complementary Tools for LNNGF Pink Sheet analysis
When running Li Ning's price analysis, check to measure Li Ning'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 Li Ning is operating at the current time. Most of Li Ning's value examination focuses on studying past and present price action to predict the probability of Li Ning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Ning's price. Additionally, you may evaluate how the addition of Li Ning to your portfolios can decrease your overall portfolio volatility.
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