Lanxess Ag Stock Price on May 20, 2021
| LNXSF Stock | USD 28.12 0.48 1.68% |
If you're considering investing in Lanxess Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Lanxess AG stands at 28.12, as last reported on the 18th of April 2024, with the highest price reaching 28.12 and the lowest price hitting 28.12 during the day. We consider Lanxess AG very steady. Lanxess AG has Sharpe Ratio of 0.0406, which conveys that the firm had a 0.0406% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Lanxess AG, which you can use to evaluate the volatility of the firm. Please verify Lanxess AG's Risk Adjusted Performance of (0.03), standard deviation of 2.22, and Mean Deviation of 0.9948 to check out if the risk estimate we provide is consistent with the expected return of 0.0673%.
Lanxess Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Lanxess |
Sharpe Ratio = 0.0406
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| Cash | Small Risk | LNXSF | High Risk | Huge Risk |
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Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lanxess AG is performing at about 3% 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 Lanxess AG by adding it to a well-diversified portfolio.
Lanxess AG Valuation on May 20, 2021
It is possible to determine the worth of Lanxess AG on a given historical date. On May 20, 2021 Lanxess was worth 42.4 at the beginning of the trading date compared to the closed value of 39.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lanxess AG pink sheet. Still, in general, we apply an absolute valuation method to find Lanxess AG'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 Lanxess AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lanxess AG's related companies.
| Open | High | Low | Close | Volume | |
04/05/2022 | 42.40 | 42.40 | 39.24 | 39.24 | 1,503 |
| 40.73 | 40.73 | 37.86 | 37.86 | 2,400 |
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Lanxess AG Trading Date Momentum on May 20, 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.Lanxess AG Fundamentals Correlations and Trends
By evaluating Lanxess AG'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 Lanxess AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lanxess financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lanxess AG Pink Sheet history
Lanxess AG 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 Lanxess is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lanxess AG 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 Lanxess AG stock prices may prove useful in developing a viable investing in Lanxess AG
LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide. The company was founded in 1863 and is headquartered in Cologne, Germany. LANXESS AG is traded on OTC Exchange in the United States.
Lanxess AG Pink Sheet Technical Analysis
Lanxess AG 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
Lanxess AG Period Price Range
Low | April 5, 2022
| High |
42.40 | 39.24 |
Lanxess AG April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Lanxess AG 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 Lanxess AG shares will generate the highest return on investment. By undertsting and applying Lanxess AG pink sheet market strength indicators, traders can identify Lanxess AG entry and exit signals to maximize returns
| Accumulation Distribution | 112.02 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 40.82 | |||
| Day Typical Price | 40.29 | |||
| Market Facilitation Index | 0.0021 | |||
| Price Action Indicator | (3.16) | |||
| Period Momentum Indicator | (11.12) | |||
| Relative Strength Index | 82.12 |
Lanxess AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lanxess AG's price direction in advance. Along with the technical and fundamental analysis of Lanxess Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lanxess 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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (8.89) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lanxess AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Lanxess Pink Sheet analysis
When running Lanxess AG's price analysis, check to measure Lanxess AG'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 Lanxess AG is operating at the current time. Most of Lanxess AG's value examination focuses on studying past and present price action to predict the probability of Lanxess AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lanxess AG's price. Additionally, you may evaluate how the addition of Lanxess AG to your portfolios can decrease your overall portfolio volatility.
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