Loop Industries Stock Price on February 28, 2023
| LOOP Stock | USD 1.48 0.07 4.52% |
Below is the normalized historical share price chart for Loop Industries extending back to November 11, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Loop Industries stands at 1.48, as last reported on the 30th of November, with the highest price reaching 1.57 and the lowest price hitting 1.48 during the day.
If you're considering investing in Loop Stock, it is important to understand the factors that can impact its price. Currently, Loop Industries is very risky. Loop Industries has Sharpe Ratio of 0.0112, which conveys that the firm had a 0.0112% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Loop Industries, which you can use to evaluate the volatility of the firm. Please verify Loop Industries' Downside Deviation of 5.54, risk adjusted performance of 0.0131, and Mean Deviation of 3.67 to check out if the risk estimate we provide is consistent with the expected return of 0.0623%.
At this time, Loop Industries' Total Stockholder Equity is relatively stable compared to the past year. As of 11/30/2024, Other Stockholder Equity is likely to grow to about 201.8 M, while Common Stock is likely to drop 4,707. . As of 11/30/2024, Price To Sales Ratio is likely to drop to 490.25. In addition to that, Price Earnings Ratio is likely to drop to about (25.1 K). Loop Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of November 2017 | 200 Day MA 2.1393 | 50 Day MA 1.5219 | Beta 1.526 |
Loop |
Sharpe Ratio = 0.0112
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | LOOP | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Loop Industries 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 Loop Industries by adding Loop Industries to a well-diversified portfolio.
Price Book 15.2692 | Enterprise Value Ebitda (2.72) | Price Sales 697.8024 | Shares Float 23.1 M | Wall Street Target Price 4.5 |
Loop Industries Valuation on February 28, 2023
It is possible to determine the worth of Loop Industries on a given historical date. On February 28, 2023 Loop was worth 2.43 at the beginning of the trading date compared to the closed value of 2.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Loop Industries stock. Still, in general, we apply an absolute valuation method to find Loop Industries' 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 Loop Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Loop Industries' related companies.
| Open | High | Low | Close | Volume | |
| 2.47 | 2.49 | 2.30 | 2.42 | 19,350 | |
02/28/2023 | 2.43 | 2.65 | 2.42 | 2.60 | 35,374 |
| 2.65 | 2.79 | 2.62 | 2.77 | 161,152 |
| Backtest Loop Industries | | | Loop Industries History | | | Loop Industries Valuation | Previous | Next |
Loop Industries Trading Date Momentum on February 28, 2023
| On March 01 2023 Loop Industries was traded for 2.77 at the closing time. The top price for the day was 2.79 and the lowest listed price was 2.62 . The trading volume for the day was 161.2 K. The trading history from March 1, 2023 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 6.54% . The trading delta at closing time against the current closing price is 5.38% . |
Loop Industries Fundamentals Correlations and Trends
By evaluating Loop Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Loop Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Loop financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Loop Industries Stock history
Loop Industries 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 Loop is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Loop Industries 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 Loop Industries stock prices may prove useful in developing a viable investing in Loop Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.5 M | 39.3 M | |
| Net Loss | -14.5 M | -15.2 M |
Loop Industries Quarterly Net Working Capital |
|
Loop Industries Stock Technical Analysis
Loop Industries 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
Loop Industries Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Loop Industries 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.
Loop Industries November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Loop Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Loop Industries shares will generate the highest return on investment. By undertsting and applying Loop Industries stock market strength indicators, traders can identify Loop Industries entry and exit signals to maximize returns
Loop Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Loop Industries' price direction in advance. Along with the technical and fundamental analysis of Loop Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Loop 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 | 0.0131 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0145 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Loop Stock Analysis
When running Loop Industries' price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.