Ligand Pharmaceuticals Tr Stock Price on May 1, 2024
| LGNZZ Stock | USD 0.10 0.03 23.08% |
If you're considering investing in Ligand Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ligand Pharmaceuticals stands at 0.10, as last reported on the 19th of May, with the highest price reaching 0.13 and the lowest price hitting 0.10 during the day. Ligand Pharmaceuticals has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Ligand Pharmaceuticals exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ligand Pharmaceuticals' Risk Adjusted Performance of 0.0379, mean deviation of 7.94, and Downside Deviation of 13.48 to check out the risk estimate we provide.
Ligand Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Ligand |
Sharpe Ratio = -0.1758
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LGNZZ |
Estimated Market Risk
| 8.38 actual daily | 74 74% of assets are less volatile |
Expected Return
| -1.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ligand Pharmaceuticals 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 Ligand Pharmaceuticals by adding Ligand Pharmaceuticals to a well-diversified portfolio.
Ligand Pharmaceuticals Valuation on May 1, 2024
It is possible to determine the worth of Ligand Pharmaceuticals on a given historical date. On May 1, 2024 Ligand was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ligand Pharmaceuticals pink sheet. Still, in general, we apply an absolute valuation method to find Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ligand Pharmaceuticals' related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.11 | 0.10 | 0.11 | 999.00 | |
05/01/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 240.00 |
| 0.13 | 0.13 | 0.13 | 0.13 | 1,000.00 |
| Backtest Ligand Pharmaceuticals | | | Ligand Pharmaceuticals History | | | Ligand Pharmaceuticals Valuation | Previous | Next |
Ligand Pharmaceuticals Trading Date Momentum on May 1, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Ligand Pharmaceuticals Fundamentals Correlations and Trends
By evaluating Ligand Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ligand Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ligand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ligand Pharmaceuticals Pink Sheet history
Ligand Pharmaceuticals 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 Ligand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ligand Pharmaceuticals 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 Ligand Pharmaceuticals stock prices may prove useful in developing a viable investing in Ligand Pharmaceuticals
Ligand Pharmaceuticals Pink Sheet Technical Analysis
Ligand Pharmaceuticals 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
Ligand Pharmaceuticals Period Price Range
Low | May 1, 2024
| High |
0.11 | 0.11 |
Ligand Pharmaceuticals May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Ligand Pharmaceuticals 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 Ligand Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Ligand Pharmaceuticals pink sheet market strength indicators, traders can identify Ligand Pharmaceuticals Tr entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.11 | |||
| Day Typical Price | 0.11 | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 42.85 |
Ligand Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ligand Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Ligand Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ligand 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 | 0.0379 | |||
| Jensen Alpha | 0.9224 | |||
| Total Risk Alpha | (1.38) | |||
| Sortino Ratio | 0.0398 | |||
| Treynor Ratio | (0.19) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Ligand Pharmaceuticals information on this page should be used as a complementary analysis to other Ligand Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Ligand Pink Sheet analysis
When running Ligand Pharmaceuticals' price analysis, check to measure Ligand Pharmaceuticals' 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 Ligand Pharmaceuticals is operating at the current time. Most of Ligand Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Ligand Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ligand Pharmaceuticals' price. Additionally, you may evaluate how the addition of Ligand Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |