Loop Industries Stock Price on November 9, 2021
| LOOP Stock | USD 2.66 0.02 0.75% |
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 2.66, as last reported on the 19th of April, with the highest price reaching 2.80 and the lowest price hitting 2.64 during the day.
If you're considering investing in Loop Stock, it is important to understand the factors that can impact its price. Loop Industries has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Loop Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Loop Industries' Mean Deviation of 2.68, risk adjusted performance of (0.06), and Standard Deviation of 3.62 to check out the risk estimate we provide.
At this time, Loop Industries' Total Stockholder Equity is relatively stable compared to the past year. As of 04/19/2024, Common Stock Shares Outstanding is likely to grow to about 38.2 M, while Issuance Of Capital Stock is likely to drop slightly above 26.8 M. . As of 04/19/2024, Price To Sales Ratio is likely to drop to 142.32. In addition to that, Price Earnings Ratio is likely to grow to about (23.9 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 3.2446 | 50 Day MA 2.91 | Beta 1.437 |
Loop |
Sharpe Ratio = -0.1167
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LOOP |
Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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 6.9903 | Enterprise Value Ebitda (12.77) | Price Sales 1.1 K | Shares Float 23.2 M | Wall Street Target Price 6.65 |
Loop Industries Valuation on November 9, 2021
It is possible to determine the worth of Loop Industries on a given historical date. On November 9, 2021 Loop was worth 8.94 at the beginning of the trading date compared to the closed value of 9.34. 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 | |
04/04/2022 | 8.94 | 9.46 | 8.77 | 9.34 | 92,800 |
| 9.40 | 9.50 | 8.75 | 8.90 | 53,500 |
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Loop Industries Trading Date Momentum on November 9, 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.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 | 37.9 M | 38.2 M | |
| Net Loss | -14.5 M | -15.2 M |
Loop Industries Quarterly Net Working Capital |
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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 | April 4, 2022
| High |
8.94 | 9.34 |
Loop Industries April 19, 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
| Accumulation Distribution | 6768.71 | |||
| Daily Balance Of Power | 0.5797 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 9.12 | |||
| Day Typical Price | 9.19 | |||
| Price Action Indicator | 0.42 | |||
| Period Momentum Indicator | (6.68) |
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 | (0.06) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.58) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loop Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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.
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Is Loop Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Loop Industries. If investors know Loop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Loop Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 0.003 | Quarterly Revenue Growth 0.04 | Return On Assets (0.41) | Return On Equity (0.45) |
The market value of Loop Industries is measured differently than its book value, which is the value of Loop that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Industries' value that differs from its market value or its book value, called intrinsic value, which is Loop Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Loop Industries' market value can be influenced by many factors that don't directly affect Loop Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Loop Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Loop Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.