Leap Therapeutics Stock Price on September 30, 2023

LPTX Stock  USD 2.63  0.11  4.01%   
Below is the normalized historical share price chart for Leap Therapeutics extending back to January 25, 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 Leap Therapeutics stands at 2.63, as last reported on the 20th of May, with the highest price reaching 2.77 and the lowest price hitting 2.57 during the day.
IPO Date
25th of January 2017
200 Day MA
2.5206
50 Day MA
2.8037
Beta
0.54
 
Covid
If you're considering investing in Leap Stock, it is important to understand the factors that can impact its price. Leap Therapeutics has Sharpe Ratio of -0.013, which conveys that the firm had a -0.013% return per unit of risk over the last 3 months. Leap Therapeutics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leap Therapeutics' Standard Deviation of 6.19, mean deviation of 3.86, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
At this time, Leap Therapeutics' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 106.3 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 45.2 M in 2024. . At this time, Leap Therapeutics' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.06 in 2024, whereas Price To Sales Ratio is likely to drop 109.75 in 2024. Leap Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.013

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Estimated Market Risk

 6.24
  actual daily
55
55% of assets are less volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Leap Therapeutics 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 Leap Therapeutics by adding Leap Therapeutics to a well-diversified portfolio.
Price Book
1.4049
Enterprise Value Ebitda
(0.17)
Price Sales
160.1041
Shares Float
19.9 M
Wall Street Target Price
11.38

Leap Therapeutics Valuation on September 30, 2023

It is possible to determine the worth of Leap Therapeutics on a given historical date. On September 30, 2023 Leap was worth 1.45 at the beginning of the trading date compared to the closed value of 1.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leap Therapeutics stock. Still, in general, we apply an absolute valuation method to find Leap Therapeutics' 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 Leap Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leap Therapeutics' related companies.
 Open High Low Close Volume
  1.41    1.47    1.37    1.40    111,522  
09/29/2023
  1.45    1.45    1.35    1.38    119,548  
  1.40    1.40    1.25    1.30    225,416  
Backtest Leap Therapeutics  |  Leap Therapeutics History  |  Leap Therapeutics Valuation   PreviousNext  
Open Value
1.45
1.38
Closing Value
20.17
Upside

Leap Therapeutics Trading Date Momentum on September 30, 2023

On October 02 2023 Leap Therapeutics was traded for  1.30  at the closing time. The top price for the day was 1.40  and the lowest listed price was  1.25 . The trading volume for the day was 225.4 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.80% . The trading delta at closing time against the current closing price is 2.90% .

Leap Therapeutics Fundamentals Correlations and Trends

By evaluating Leap Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Leap Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leap financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Leap Therapeutics Stock history

Leap Therapeutics 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 Leap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leap Therapeutics 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 Leap Therapeutics stock prices may prove useful in developing a viable investing in Leap Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.4 M21.5 M
Net Loss-49.1 M-46.7 M

Leap Therapeutics Quarterly Net Working Capital

45.75 Million

Leap Therapeutics Stock Technical Analysis

Leap Therapeutics 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.
A focus of Leap Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Leap Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Leap Therapeutics Period Price Range

Low
September 29, 2023
-0.07  -4.83%
High

 1.45 

     

 1.38 

Leap Therapeutics May 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Leap Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leap Therapeutics shares will generate the highest return on investment. By undertsting and applying Leap Therapeutics stock market strength indicators, traders can identify Leap Therapeutics entry and exit signals to maximize returns

Leap Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Leap Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Leap Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leap 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.
When determining whether Leap Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Leap Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Leap Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Leap Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap Therapeutics. 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 information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Leap Stock analysis

When running Leap Therapeutics' price analysis, check to measure Leap Therapeutics' 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 Leap Therapeutics is operating at the current time. Most of Leap Therapeutics' value examination focuses on studying past and present price action to predict the probability of Leap Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leap Therapeutics' price. Additionally, you may evaluate how the addition of Leap Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Leap Therapeutics' 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 Leap Therapeutics. If investors know Leap 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 Leap Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.98)
Revenue Per Share
0.003
Return On Assets
(0.75)
Return On Equity
(1.37)
The market value of Leap Therapeutics is measured differently than its book value, which is the value of Leap that is recorded on the company's balance sheet. Investors also form their own opinion of Leap Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Leap Therapeutics' 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 Leap Therapeutics' market value can be influenced by many factors that don't directly affect Leap Therapeutics' 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 Leap Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leap Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leap Therapeutics' 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.