Lexinfintech Holdings Stock Price on December 31, 2023
| LX Stock | USD 1.78 0.10 5.95% |
Below is the normalized historical share price chart for Lexinfintech Holdings extending back to December 21, 2017. 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 Lexinfintech Holdings stands at 1.78, as last reported on the 3rd of May, with the highest price reaching 1.79 and the lowest price hitting 1.70 during the day.
If you're considering investing in Lexinfintech Stock, it is important to understand the factors that can impact its price. Lexinfintech Holdings appears to be very risky, given 3 months investment horizon. Lexinfintech Holdings has Sharpe Ratio of 0.0624, which conveys that the firm had a 0.0624% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lexinfintech Holdings, which you can use to evaluate the volatility of the firm. Please exercise Lexinfintech Holdings' Mean Deviation of 2.42, downside deviation of 3.67, and Risk Adjusted Performance of 0.0235 to check out if our risk estimates are consistent with your expectations.
At this time, Lexinfintech Holdings' Common Stock Total Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 190.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 5.5 B in 2024. . At this time, Lexinfintech Holdings' Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 0.81 in 2024, whereas Price To Sales Ratio is likely to drop 0.16 in 2024. Lexinfintech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of December 2017 | 200 Day MA 2.0012 | 50 Day MA 1.7948 | Beta 0.569 |
Lexinfintech |
Sharpe Ratio = 0.0624
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Lexinfintech Holdings is performing at about 4% 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 Lexinfintech Holdings by adding it to a well-diversified portfolio.
Price Book 0.2143 | Enterprise Value Ebitda 0.4902 | Price Sales 0.0222 | Shares Float 214.9 M | Dividend Share 1.291 |
Lexinfintech Holdings Valuation on December 31, 2023
It is possible to determine the worth of Lexinfintech Holdings on a given historical date. On December 31, 2023 Lexinfintech was worth 1.84 at the beginning of the trading date compared to the closed value of 1.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lexinfintech Holdings stock. Still, in general, we apply an absolute valuation method to find Lexinfintech Holdings' 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 Lexinfintech Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lexinfintech Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.83 | 1.93 | 1.78 | 1.78 | 454,014 | |
12/29/2023 | 1.84 | 1.91 | 1.77 | 1.77 | 425,031 |
| 1.84 | 1.84 | 1.73 | 1.73 | 576,578 |
| Backtest Lexinfintech Holdings | | | Lexinfintech Holdings History | | | Lexinfintech Holdings Valuation | Previous | Next |
Lexinfintech Holdings Trading Date Momentum on December 31, 2023
| On January 02 2024 Lexinfintech Holdings was traded for 1.73 at the closing time. The highest price during the trading period was 1.84 and the lowest recorded bid was listed for 1.73 . The volume for the day was 576.6 K. This history from January 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.26% . The trading delta at closing time to the current price is 1.69% . |
Lexinfintech Holdings Fundamentals Correlations and Trends
By evaluating Lexinfintech Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lexinfintech Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lexinfintech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lexinfintech Holdings Stock history
Lexinfintech Holdings 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 Lexinfintech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lexinfintech Holdings 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 Lexinfintech Holdings stock prices may prove useful in developing a viable investing in Lexinfintech Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 179.9 M | 190.7 M | |
| Net Income Applicable To Common Shares | 942.7 M | 1 B |
Lexinfintech Holdings Quarterly Net Working Capital |
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Lexinfintech Holdings Stock Technical Analysis
Lexinfintech Holdings 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
Lexinfintech Holdings Period Price Range
Low | December 29, 2023
| High |
1.84 | 1.77 |
Lexinfintech Holdings May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Lexinfintech Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lexinfintech Holdings shares will generate the highest return on investment. By undertsting and applying Lexinfintech Holdings stock market strength indicators, traders can identify Lexinfintech Holdings entry and exit signals to maximize returns
Lexinfintech Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lexinfintech Holdings' price direction in advance. Along with the technical and fundamental analysis of Lexinfintech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lexinfintech 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 | 0.0235 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | 0.0333 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexinfintech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Lexinfintech Stock please use our How to Invest in Lexinfintech Holdings guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running Lexinfintech Holdings' price analysis, check to measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Lexinfintech Holdings' 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 Lexinfintech Holdings. If investors know Lexinfintech 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 Lexinfintech Holdings 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 (0.96) | Dividend Share 1.291 | Earnings Share 0.88 | Revenue Per Share 79.489 | Quarterly Revenue Growth 0.151 |
The market value of Lexinfintech Holdings is measured differently than its book value, which is the value of Lexinfintech that is recorded on the company's balance sheet. Investors also form their own opinion of Lexinfintech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lexinfintech Holdings' 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 Lexinfintech Holdings' market value can be influenced by many factors that don't directly affect Lexinfintech Holdings' 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 Lexinfintech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lexinfintech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lexinfintech Holdings' 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.