Lightpath Technologies Stock Technical Analysis
| LPTH Stock | USD 1.48 0.05 3.27% |
As of the 16th of April 2024, LightPath Technologies secures the Mean Deviation of 2.47, risk adjusted performance of 0.0648, and Downside Deviation of 3.26. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LightPath Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for LightPath Technologies, which can be compared to its peers in the industry. Please verify LightPath Technologies information ratio, as well as the relationship between the potential upside and kurtosis to decide if LightPath Technologies is priced some-what accurately, providing market reflects its recent price of 1.48 per share. Please also check out LightPath Technologies total risk alpha, which is currently at 0.0116 to check the company can sustain itself at a future point.
LightPath Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LightPath, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LightPathLightPath |
LightPath Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 3.0 | Strong Buy | 4 | Odds |
Most LightPath analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand LightPath stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LightPath Technologies, talking to its executives and customers, or listening to LightPath conference calls.
LightPath Technologies 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.
LightPath Technologies Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of LightPath Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
LightPath Technologies Trend Analysis
Use this graph to draw trend lines for LightPath Technologies. You can use it to identify possible trend reversals for LightPath Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual LightPath Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.LightPath Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for LightPath Technologies applied against its price change over selected period. The best fit line has a slop of 0.0006 , which means LightPath Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted LightPath Technologies price change compared to its average price change.About LightPath Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of LightPath Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of LightPath Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LightPath Technologies price pattern first instead of the macroeconomic environment surrounding LightPath Technologies. By analyzing LightPath Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of LightPath Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to LightPath Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 7.69E-4 | 6.84E-4 | Price To Sales Ratio | 1.49 | 1.42 |
LightPath Technologies April 16, 2024 Technical Indicators
Most technical analysis of LightPath help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for LightPath from various momentum indicators to cycle indicators. When you analyze LightPath charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0648 | |||
| Market Risk Adjusted Performance | (5.92) | |||
| Mean Deviation | 2.47 | |||
| Semi Deviation | 2.68 | |||
| Downside Deviation | 3.26 | |||
| Coefficient Of Variation | 1108.14 | |||
| Standard Deviation | 3.49 | |||
| Variance | 12.17 | |||
| Information Ratio | 0.0723 | |||
| Jensen Alpha | 0.3076 | |||
| Total Risk Alpha | 0.0116 | |||
| Sortino Ratio | 0.0773 | |||
| Treynor Ratio | (5.93) | |||
| Maximum Drawdown | 22.52 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 5.07 | |||
| Downside Variance | 10.65 | |||
| Semi Variance | 7.16 | |||
| Expected Short fall | (3.23) | |||
| Skewness | 1.0 | |||
| Kurtosis | 4.17 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for LightPath Stock analysis
When running LightPath Technologies' price analysis, check to measure LightPath Technologies' 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 LightPath Technologies is operating at the current time. Most of LightPath Technologies' value examination focuses on studying past and present price action to predict the probability of LightPath Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LightPath Technologies' price. Additionally, you may evaluate how the addition of LightPath Technologies to your portfolios can decrease your overall portfolio volatility.
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Is LightPath Technologies' 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 LightPath Technologies. If investors know LightPath 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 LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.13) | Revenue Per Share 0.883 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' 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 LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' 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 LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' 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.