Lantern Pharma Stock Price on April 25, 2024
| LTRN Stock | USD 6.15 0.66 12.02% |
If you're considering investing in Lantern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lantern Pharma stands at 6.15, as last reported on the 4th of May, with the highest price reaching 6.37 and the lowest price hitting 5.57 during the day. Lantern Pharma is risky given 3 months investment horizon. Lantern Pharma 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. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Lantern Pharma Risk Adjusted Performance of 0.0768, downside deviation of 9.44, and Mean Deviation of 6.98 to evaluate company specific risk that cannot be diversified away.
As of the 4th of May 2024, Total Stockholder Equity is likely to drop to about 34.6 M. In addition to that, Common Stock Total Equity is likely to drop to 928.53. At this time, Lantern Pharma's Price Book Value Ratio is very stable compared to the past year. As of the 4th of May 2024, Price To Book Ratio is likely to grow to 1.19, while Price Earnings Ratio is likely to drop (3.05). Lantern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lantern |
Sharpe Ratio = 0.112
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Estimated Market Risk
| 9.98 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Lantern Pharma is performing at about 8% 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 Lantern Pharma by adding it to a well-diversified portfolio.
Price Book 1.6805 | Book Value 3.816 | Enterprise Value 25 M | Enterprise Value Ebitda (1.55) | Shares Float 7.9 M |
Lantern Pharma Valuation on April 25, 2024
It is possible to determine the worth of Lantern Pharma on a given historical date. On April 25, 2024 Lantern was worth 5.27 at the beginning of the trading date compared to the closed value of 5.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lantern Pharma stock. Still, in general, we apply an absolute valuation method to find Lantern Pharma'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 Lantern Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lantern Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 5.84 | 6.01 | 5.36 | 5.38 | 97,421 | |
04/25/2024 | 5.27 | 5.58 | 5.21 | 5.46 | 124,629 |
| 5.55 | 6.04 | 5.42 | 5.50 | 128,985 |
| Backtest Lantern Pharma | | | Lantern Pharma History | | | Lantern Pharma Valuation | Previous | Next |
Lantern Pharma Trading Date Momentum on April 25, 2024
| On April 26 2024 Lantern Pharma was traded for 5.50 at the closing time. The top price for the day was 6.04 and the lowest listed price was 5.42 . The trading volume for the day was 129 K. The trading history from April 26, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.73% . The trading delta at closing time against the current closing price is 2.01% . |
Lantern Pharma Fundamentals Correlations and Trends
By evaluating Lantern Pharma'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 Lantern Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lantern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lantern Pharma Stock history
Lantern Pharma 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 Lantern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lantern Pharma 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 Lantern Pharma stock prices may prove useful in developing a viable investing in Lantern Pharma
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.8 M | 9.4 M | |
| Net Loss | -12.8 M | -12.2 M |
Lantern Pharma Quarterly Net Working Capital |
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Lantern Pharma Stock Technical Analysis
Lantern Pharma 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
Lantern Pharma Period Price Range
Low | April 25, 2024
| High |
5.27 | 5.46 |
Lantern Pharma May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Lantern Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lantern Pharma shares will generate the highest return on investment. By undertsting and applying Lantern Pharma stock market strength indicators, traders can identify Lantern Pharma entry and exit signals to maximize returns
| Accumulation Distribution | 8263.93 | |||
| Daily Balance Of Power | 0.5135 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 5.4 | |||
| Day Typical Price | 5.42 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.69 |
Lantern Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lantern Pharma's price direction in advance. Along with the technical and fundamental analysis of Lantern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lantern 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 | 0.0768 | |||
| Jensen Alpha | 0.9238 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1019 | |||
| Treynor Ratio | 0.6656 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Lantern Stock analysis
When running Lantern Pharma's price analysis, check to measure Lantern Pharma'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 Lantern Pharma is operating at the current time. Most of Lantern Pharma's value examination focuses on studying past and present price action to predict the probability of Lantern Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lantern Pharma's price. Additionally, you may evaluate how the addition of Lantern Pharma to your portfolios can decrease your overall portfolio volatility.
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Is Lantern Pharma's 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 Lantern Pharma. If investors know Lantern 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 Lantern Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.47) | Return On Assets (0.22) | Return On Equity (0.33) |
The market value of Lantern Pharma is measured differently than its book value, which is the value of Lantern that is recorded on the company's balance sheet. Investors also form their own opinion of Lantern Pharma's value that differs from its market value or its book value, called intrinsic value, which is Lantern Pharma's 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 Lantern Pharma's market value can be influenced by many factors that don't directly affect Lantern Pharma's 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 Lantern Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lantern Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lantern Pharma's 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.