Lenovo Group Ltd Stock Price on November 3, 2021
| LNVGY Stock | USD 20.93 0.15 0.72% |
If you're considering investing in Lenovo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Lenovo Group stands at 20.93, as last reported on the 23rd of April, with the highest price reaching 21.25 and the lowest price hitting 20.79 during the day. Lenovo Group has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Lenovo Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lenovo Group's Mean Deviation of 1.96, standard deviation of 2.77, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
Lenovo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Lenovo |
Sharpe Ratio = -0.1133
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Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lenovo Group 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 Lenovo Group by adding Lenovo Group to a well-diversified portfolio.
Lenovo Group Valuation on November 3, 2021
It is possible to determine the worth of Lenovo Group on a given historical date. On November 3, 2021 Lenovo was worth 20.45 at the beginning of the trading date compared to the closed value of 19.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lenovo Group pink sheet. 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 | |
04/07/2022 | 20.45 | 21.11 | 19.13 | 19.13 | 37,581 |
| 21.12 | 21.90 | 19.56 | 19.56 | 30,269 |
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Lenovo Group Trading Date Momentum on November 3, 2021
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.Lenovo Group 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 Pink Sheet 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 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 Limited, an investment holding company, develops, manufactures, and markets technology products and services. Lenovo Group Limited was founded in 1984 and is based in Quarry Bay, Hong Kong. Lenovo operates under Computer Hardware classification in the United States and is traded on OTC Exchange. It employs 75000 people.
Lenovo Group Pink Sheet Technical Analysis
Lenovo Group 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
Lenovo Group Period Price Range
Low | April 7, 2022
| High |
20.45 | 19.13 |
Lenovo Group April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Lenovo Group 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 Lenovo Group shares will generate the highest return on investment. By undertsting and applying Lenovo Group pink sheet market strength indicators, traders can identify Lenovo Group Ltd 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 Pink Sheet 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 | (0.04) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lenovo Group Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Lenovo Group information on this page should be used as a complementary analysis to other Lenovo Group's 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Lenovo Pink Sheet 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.
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