Lightwave Logic Stock Price on May 31, 2022
| LWLG Stock | USD 4.10 0.01 0.24% |
Below is the normalized historical share price chart for Lightwave Logic extending back to January 14, 1998. 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 Lightwave Logic stands at 4.10, as last reported on the 18th of April 2024, with the highest price reaching 4.11 and the lowest price hitting 3.94 during the day.
If you're considering investing in Lightwave Stock, it is important to understand the factors that can impact its price. We consider Lightwave Logic relatively risky. Lightwave Logic has Sharpe Ratio of 0.0039, which conveys that the firm had a 0.0039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lightwave Logic, which you can use to evaluate the volatility of the firm. Please verify Lightwave Logic's Downside Deviation of 3.16, risk adjusted performance of 0.0179, and Mean Deviation of 2.65 to check out if the risk estimate we provide is consistent with the expected return of 0.0131%.
At this time, Lightwave Logic's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Stock Based Compensation is estimated to increase to about 6.8 M, while Common Stock is projected to decrease to roughly 71.1 K. . At this time, Lightwave Logic's Price To Sales Ratio is most likely to decrease significantly in the upcoming years. The Lightwave Logic's current Price Sales Ratio is estimated to increase to about 18.4 K, while Price Earnings Ratio is projected to decrease to (28.70). Lightwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of January 1998 | 200 Day MA 5.1142 | 50 Day MA 4.3464 | Beta 2.05 |
Lightwave |
Sharpe Ratio = 0.0039
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| Negative Returns | LWLG |
Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lightwave Logic 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 Lightwave Logic by adding Lightwave Logic to a well-diversified portfolio.
Price Book 13.4261 | Enterprise Value Ebitda (23.12) | Price Sales 12.1 K | Shares Float 118.5 M | Wall Street Target Price 2.71 |
Lightwave Logic Valuation on May 31, 2022
It is possible to determine the worth of Lightwave Logic on a given historical date. On May 31, 2022 Lightwave was worth 8.16 at the beginning of the trading date compared to the closed value of 8.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lightwave Logic stock. Still, in general, we apply an absolute valuation method to find Lightwave Logic'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 Lightwave Logic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lightwave Logic's related companies.
| Open | High | Low | Close | Volume | |
| 7.50 | 8.12 | 7.50 | 7.98 | 1,156,000 | |
05/31/2022 | 8.16 | 8.20 | 7.72 | 8.01 | 4,077,100 |
| 8.04 | 8.38 | 7.86 | 7.93 | 1,294,100 |
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Lightwave Logic Trading Date Momentum on May 31, 2022
| On June 01 2022 Lightwave Logic was traded for 7.93 at the closing time. The top price for the day was 8.38 and the lowest listed price was 7.86 . The trading volume for the day was 1.3 M. The trading history from June 1, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.00% . The trading delta at closing time against the current closing price is 21.10% . |
Lightwave Logic Fundamentals Correlations and Trends
By evaluating Lightwave Logic'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 Lightwave Logic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lightwave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lightwave Logic Stock history
Lightwave Logic 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 Lightwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lightwave Logic 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 Lightwave Logic stock prices may prove useful in developing a viable investing in Lightwave Logic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 115.5 M | 68.4 M | |
| Net Loss | -15.5 M | -14.7 M |
Lightwave Logic Quarterly Net Working Capital |
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Lightwave Logic Stock Technical Analysis
Lightwave Logic 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
Lightwave Logic Period Price Range
Low | May 31, 2022
| High |
8.16 | 8.01 |
Lightwave Logic April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Lightwave Logic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lightwave Logic shares will generate the highest return on investment. By undertsting and applying Lightwave Logic stock market strength indicators, traders can identify Lightwave Logic entry and exit signals to maximize returns
| Accumulation Distribution | 238660.0 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 7.96 | |||
| Day Typical Price | 7.98 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (3.91) | |||
| Relative Strength Index | 54.96 |
Lightwave Logic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lightwave Logic's price direction in advance. Along with the technical and fundamental analysis of Lightwave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lightwave 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 | 0.0179 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.0147 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Lightwave Stock analysis
When running Lightwave Logic's price analysis, check to measure Lightwave Logic'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 Lightwave Logic is operating at the current time. Most of Lightwave Logic's value examination focuses on studying past and present price action to predict the probability of Lightwave Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightwave Logic's price. Additionally, you may evaluate how the addition of Lightwave Logic to your portfolios can decrease your overall portfolio volatility.
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Is Lightwave Logic'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 Lightwave Logic. If investors know Lightwave 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 Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Return On Assets (0.39) | Return On Equity (0.66) |
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic'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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic'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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic'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.