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L1 Long Short Fund Ltd
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Let's analyse L1 Long Short Fund Ltd together

PenkeI guess you are interested in L1 Long Short Fund Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of L1 Long Short Fund Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of L1 Long Short Fund Ltd (30 sec.)










What can you expect buying and holding a share of L1 Long Short Fund Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.19
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$3.00
Expected worth in 1 year
A$4.00
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$1.29
Return On Investment
45.4%

For what price can you sell your share?

Current Price per Share
A$2.84
Expected price per share
A$2.75 - A$2.92
How sure are you?
50%
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1. Valuation of L1 Long Short Fund Ltd (5 min.)




Live pricePrice per Share (EOD)

A$2.84

Intrinsic Value Per Share

A$4.51 - A$19.50

Total Value Per Share

A$7.50 - A$22.50

2. Growth of L1 Long Short Fund Ltd (5 min.)




Is L1 Long Short Fund Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$1b$99.9m8.4%

How much money is L1 Long Short Fund Ltd making?

Current yearPrevious yearGrowGrow %
Making money$106.1m$91.6m$14.4m13.6%
Net Profit Margin39.1%59.1%--

How much money comes from the company's main activities?

3. Financial Health of L1 Long Short Fund Ltd (5 min.)




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What can you expect buying and holding a share of L1 Long Short Fund Ltd? (5 min.)

Welcome investor! L1 Long Short Fund Ltd's management wants to use your money to grow the business. In return you get a share of L1 Long Short Fund Ltd.

What can you expect buying and holding a share of L1 Long Short Fund Ltd?

First you should know what it really means to hold a share of L1 Long Short Fund Ltd. And how you can make/lose money.

Speculation

The Price per Share of L1 Long Short Fund Ltd is A$2.84. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of L1 Long Short Fund Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in L1 Long Short Fund Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$3.00. Based on the TTM, the Book Value Change Per Share is A$0.25 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.21 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of L1 Long Short Fund Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.176.1%0.176.1%0.155.3%0.165.6%0.113.9%
Usd Book Value Change Per Share0.165.7%0.165.7%0.144.9%0.155.3%0.3211.4%
Usd Dividend Per Share0.051.6%0.051.6%0.041.3%0.020.8%0.020.8%
Usd Total Gains Per Share0.217.4%0.217.4%0.186.2%0.176.1%0.3512.2%
Usd Price Per Share1.83-1.83-1.66-1.37-1.34-
Price to Earnings Ratio10.56-10.56-11.14--6.30--6.86-
Price-to-Total Gains Ratio8.71-8.71-9.47--7.22--5.85-
Price to Book Ratio0.94-0.94-0.93-0.87-0.90-
Price-to-Total Gains Ratio8.71-8.71-9.47--7.22--5.85-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.845716
Number of shares541
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.02
Usd Book Value Change Per Share0.160.15
Usd Total Gains Per Share0.210.17
Gains per Quarter (541 shares)113.4193.22
Gains per Year (541 shares)453.65372.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110135344450323363
2202705898100646736
3303105813521509691109
44041410180620012921482
55061763226025016151855
66072115271430019382228
77082468316835022602601
88092820362240025832974
99103173407645029063347
1010113525453050032293720

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%3.03.00.050.0%3.03.00.050.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%
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Fundamentals of L1 Long Short Fund Ltd

About L1 Long Short Fund Ltd

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.

Fundamental data was last updated by Penke on 2024-02-17 23:03:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of L1 Long Short Fund Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit L1 Long Short Fund Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • A Net Profit Margin of 39.1% means that $0.39 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of L1 Long Short Fund Ltd:

  • The MRQ is 39.1%. The company is making a huge profit. +2
  • The TTM is 39.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ39.1%TTM39.1%0.0%
TTM39.1%YOY59.1%-20.0%
TTM39.1%5Y-1.2%+40.3%
5Y-1.2%10Y8.3%-9.5%
1.1.2. Return on Assets

Shows how efficient L1 Long Short Fund Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • 4.2% Return on Assets means that L1 Long Short Fund Ltd generated $0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of L1 Long Short Fund Ltd:

  • The MRQ is 4.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM4.2%0.0%
TTM4.2%YOY3.2%+1.0%
TTM4.2%5Y3.8%+0.4%
5Y3.8%10Y2.7%+1.1%
1.1.3. Return on Equity

Shows how efficient L1 Long Short Fund Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • 9.0% Return on Equity means L1 Long Short Fund Ltd generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of L1 Long Short Fund Ltd:

  • The MRQ is 9.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%0.0%
TTM9.0%YOY8.4%+0.7%
TTM9.0%5Y8.8%+0.2%
5Y8.8%10Y6.3%+2.5%
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1.2. Operating Efficiency of L1 Long Short Fund Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient L1 Long Short Fund Ltd is operating .

  • Measures how much profit L1 Long Short Fund Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • An Operating Margin of 45.1% means the company generated $0.45  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of L1 Long Short Fund Ltd:

  • The MRQ is 45.1%. The company is operating very efficient. +2
  • The TTM is 45.1%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ45.1%TTM45.1%0.0%
TTM45.1%YOY71.3%-26.2%
TTM45.1%5Y13.4%+31.7%
5Y13.4%10Y24.3%-10.9%
1.2.2. Operating Ratio

Measures how efficient L1 Long Short Fund Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.63 means that the operating costs are $0.63 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of L1 Long Short Fund Ltd:

  • The MRQ is 0.625. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.625. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.625TTM0.6250.000
TTM0.625YOY0.177+0.448
TTM0.6255Y0.764-0.139
5Y0.76410Y0.577+0.187
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1.3. Liquidity of L1 Long Short Fund Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if L1 Long Short Fund Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.89 means the company has $1.89 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of L1 Long Short Fund Ltd:

  • The MRQ is 1.893. The company is able to pay all its short-term debts. +1
  • The TTM is 1.893. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.893TTM1.8930.000
TTM1.893YOY1.616+0.277
TTM1.8935Y1.763+0.130
5Y1.76310Y1.824-0.061
1.3.2. Quick Ratio

Measures if L1 Long Short Fund Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • A Quick Ratio of 3.18 means the company can pay off $3.18 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of L1 Long Short Fund Ltd:

  • The MRQ is 3.184. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.184. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.184TTM3.1840.000
TTM3.184YOY1.616+1.568
TTM3.1845Y2.697+0.487
5Y2.69710Y2.991-0.295
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1.4. Solvency of L1 Long Short Fund Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of L1 Long Short Fund Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare L1 Long Short Fund Ltd to industry mean.
  • A Debt to Asset Ratio of 0.53 means that L1 Long Short Fund Ltd assets are financed with 52.8% credit (debt) and the remaining percentage (100% - 52.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of L1 Long Short Fund Ltd:

  • The MRQ is 0.528. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.528. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.528TTM0.5280.000
TTM0.528YOY0.615-0.086
TTM0.5285Y0.559-0.031
5Y0.55910Y0.554+0.005
1.4.2. Debt to Equity Ratio

Measures if L1 Long Short Fund Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare L1 Long Short Fund Ltd to the  industry mean.
  • A Debt to Equity ratio of 114.2% means that company has $1.14 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of L1 Long Short Fund Ltd:

  • The MRQ is 1.142. The company is able to pay all its debts with equity. +1
  • The TTM is 1.142. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.142TTM1.1420.000
TTM1.142YOY1.595-0.454
TTM1.1425Y1.282-0.141
5Y1.28210Y1.256+0.027
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2. Market Valuation of L1 Long Short Fund Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings L1 Long Short Fund Ltd generates.

  • Above 15 is considered overpriced but always compare L1 Long Short Fund Ltd to the  industry mean.
  • A PE ratio of 10.56 means the investor is paying $10.56 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of L1 Long Short Fund Ltd:

  • The EOD is 10.677. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.564. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.564. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.677MRQ10.564+0.113
MRQ10.564TTM10.5640.000
TTM10.564YOY11.139-0.575
TTM10.5645Y-6.296+16.860
5Y-6.29610Y-6.858+0.561
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of L1 Long Short Fund Ltd:

  • The EOD is 3.413. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.377. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.377. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.413MRQ3.377+0.036
MRQ3.377TTM3.3770.000
TTM3.377YOY4.074-0.697
TTM3.3775Y-1.602+4.979
5Y-1.60210Y-1.611+0.009
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of L1 Long Short Fund Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.94 means the investor is paying $0.94 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of L1 Long Short Fund Ltd:

  • The EOD is 0.948. Based on the equity, the company is cheap. +2
  • The MRQ is 0.938. Based on the equity, the company is cheap. +2
  • The TTM is 0.938. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.948MRQ0.938+0.010
MRQ0.938TTM0.9380.000
TTM0.938YOY0.932+0.005
TTM0.9385Y0.875+0.063
5Y0.87510Y0.898-0.024
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of L1 Long Short Fund Ltd.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of L1 Long Short Fund Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2510.2510%0.213+18%0.230+9%0.499-50%
Book Value Per Share--2.9962.9960%2.746+9%2.354+27%2.270+32%
Current Ratio--1.8931.8930%1.616+17%1.763+7%1.824+4%
Debt To Asset Ratio--0.5280.5280%0.615-14%0.559-5%0.554-5%
Debt To Equity Ratio--1.1421.1420%1.595-28%1.282-11%1.256-9%
Dividend Per Share--0.0720.0720%0.057+25%0.036+102%0.034+114%
Eps--0.2660.2660%0.230+16%0.243+9%0.170+56%
Free Cash Flow Per Share--0.8320.8320%0.628+32%-0.064+108%-0.243+129%
Free Cash Flow To Equity Per Share---0.521-0.5210%1.413-137%-0.006-99%0.273-291%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--19.500--------
Intrinsic Value_10Y_min--4.506--------
Intrinsic Value_1Y_max--0.593--------
Intrinsic Value_1Y_min--0.067--------
Intrinsic Value_3Y_max--2.818--------
Intrinsic Value_3Y_min--0.535--------
Intrinsic Value_5Y_max--6.295--------
Intrinsic Value_5Y_min--1.366--------
Market Cap1743265794.560+1%1724851015.0401724851015.0400%1571394519.040+10%1323538229.404+30%1311264789.623+32%
Net Profit Margin--0.3910.3910%0.591-34%-0.012+103%0.083+369%
Operating Margin--0.4510.4510%0.713-37%0.134+237%0.243+86%
Operating Ratio--0.6250.6250%0.177+253%0.764-18%0.577+8%
Pb Ratio0.948+1%0.9380.9380%0.932+1%0.875+7%0.898+4%
Pe Ratio10.677+1%10.56410.5640%11.139-5%-6.296+160%-6.858+165%
Price Per Share2.840+1%2.8102.8100%2.560+10%2.107+33%2.069+36%
Price To Free Cash Flow Ratio3.413+1%3.3773.3770%4.074-17%-1.602+147%-1.611+148%
Price To Total Gains Ratio8.805+1%8.7128.7120%9.468-8%-7.218+183%-5.848+167%
Quick Ratio--3.1843.1840%1.616+97%2.697+18%2.991+6%
Return On Assets--0.0420.0420%0.032+30%0.038+10%0.027+55%
Return On Equity--0.0900.0900%0.084+8%0.088+3%0.063+43%
Total Gains Per Share--0.3230.3230%0.270+19%0.265+22%0.533-39%
Usd Book Value--1195354571.6501195354571.6500%1095358357.400+9%964328639.050+24%936716034.442+28%
Usd Book Value Change Per Share--0.1630.1630%0.138+18%0.149+9%0.325-50%
Usd Book Value Per Share--1.9471.9470%1.784+9%1.530+27%1.475+32%
Usd Dividend Per Share--0.0470.0470%0.037+25%0.023+102%0.022+114%
Usd Eps--0.1730.1730%0.149+16%0.158+9%0.111+56%
Usd Free Cash Flow--331967620.200331967620.2000%250666430.000+32%-32539193.200+110%-108917499.217+133%
Usd Free Cash Flow Per Share--0.5410.5410%0.408+32%-0.042+108%-0.158+129%
Usd Free Cash Flow To Equity Per Share---0.339-0.3390%0.918-137%-0.004-99%0.178-291%
Usd Market Cap1132948439.885+1%1120980674.6751120980674.6750%1021249297.924+10%860167495.290+30%852190986.776+32%
Usd Price Per Share1.846+1%1.8261.8260%1.664+10%1.369+33%1.345+36%
Usd Profit--106110472.800106110472.8000%91683342.700+16%97158100.300+9%72793782.567+46%
Usd Revenue--271411887.900271411887.9000%155120081.700+75%180521553.180+50%135831699.600+100%
Usd Total Gains Per Share--0.2100.2100%0.176+19%0.172+22%0.346-39%
 EOD+4 -4MRQTTM+0 -0YOY+27 -85Y+29 -610Y+24 -11

4.2. Fundamental Score

Let's check the fundamental score of L1 Long Short Fund Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1510.677
Price to Book Ratio (EOD)Between0-10.948
Net Profit Margin (MRQ)Greater than00.391
Operating Margin (MRQ)Greater than00.451
Quick Ratio (MRQ)Greater than13.184
Current Ratio (MRQ)Greater than11.893
Debt to Asset Ratio (MRQ)Less than10.528
Debt to Equity Ratio (MRQ)Less than11.142
Return on Equity (MRQ)Greater than0.150.090
Return on Assets (MRQ)Greater than0.050.042
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of L1 Long Short Fund Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.488
Ma 20Greater thanMa 502.827
Ma 50Greater thanMa 1002.897
Ma 100Greater thanMa 2002.862
OpenGreater thanClose2.800
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Retained Earnings  -124,841-21,650-146,4910-146,4910-146,491708,535562,044



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets3,899,499
Total Liabilities2,060,209
Total Stockholder Equity1,804,566
 As reported
Total Liabilities 2,060,209
Total Stockholder Equity+ 1,804,566
Total Assets = 3,899,499

Assets

Total Assets3,899,499
Total Current Assets3,899,499
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 969,816
Short-term Investments 2,794,602
Net Receivables 61
Other Current Assets 572
Total Current Assets  (as reported)3,899,499
Total Current Assets  (calculated)3,765,051
+/- 134,448
Long-term Assets
Long-term Assets  (as reported)0
Long-term Assets  (calculated)0
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,060,209
Long-term Liabilities0
Total Stockholder Equity1,804,566
Total Current Liabilities
Other Current Liabilities 1,923,252
Total Current Liabilities  (as reported)2,060,209
Total Current Liabilities  (calculated)1,923,252
+/- 136,957
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock1,242,522
Retained Earnings 562,044
Total Stockholder Equity (as reported)1,804,566
Total Stockholder Equity (calculated)1,804,566
+/-0
Other
Cash and Short Term Investments 3,764,418
Common Stock Shares Outstanding 613,820
Liabilities and Stockholders Equity 3,899,499
Net Debt -969,816
Net Tangible Assets 1,804,566
Net Working Capital 1,839,290



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-30
> Total Assets 
2,607,143
2,607,257
2,512,604
3,560,864
4,374,074
3,899,499
3,899,4994,374,0743,560,8642,512,6042,607,2572,607,143
   > Total Current Assets 
1,222,139
1,128,682
2,429,521
3,560,864
4,345,163
3,899,499
3,899,4994,345,1633,560,8642,429,5211,128,6821,222,139
       Cash And Cash Equivalents 
1,110,969
1,089,205
559,312
483,995
1,310,828
969,816
969,8161,310,828483,995559,3121,089,2051,110,969
       Short-term Investments 
1,341,137
1,408,281
1,804,744
70,221
24,089
2,794,602
2,794,60224,08970,2211,804,7441,408,2811,341,137
       Net Receivables 
111,170
39,477
54,677
44,257
80,782
61
6180,78244,25754,67739,477111,170
   > Long-term Assets 
1,338,711
1,391,347
1,806,538
3,032,182
2,952,985
0
02,952,9853,032,1821,806,5381,391,3471,338,711
       Long Term Investments 
1,338,711
1,391,347
1,806,538
3,032,182
2,952,985
0
02,952,9853,032,1821,806,5381,391,3471,338,711
       Other Assets 
46,293
87,228
-1,723,455
-3,032,182
-2,924,074
0
0-2,924,074-3,032,182-1,723,45587,22846,293
> Total Liabilities 
1,378,257
1,427,760
1,372,074
1,986,553
2,688,648
2,060,209
2,060,2092,688,6481,986,5531,372,0741,427,7601,378,257
   > Total Current Liabilities 
574,122
691,745
1,372,074
1,869,173
2,688,648
2,060,209
2,060,2092,688,6481,869,1731,372,074691,745574,122
       Accounts payable 
574,122
691,745
755,249
1,214,811
1,731,624
0
01,731,6241,214,811755,249691,745574,122
       Other Current Liabilities 
-574,122
-691,745
616,825
654,362
957,024
1,923,252
1,923,252957,024654,362616,825-691,745-574,122
   > Long-term Liabilities 
367
32
117,380
117,380
1,731,624
0
01,731,624117,380117,38032367
       Other Liabilities 
367
32
0
117,380
0
34,724
34,7240117,380032367
> Total Stockholder Equity
1,228,886
1,179,497
1,140,530
1,574,311
1,685,426
1,804,566
1,804,5661,685,4261,574,3111,140,5301,179,4971,228,886
   Common Stock
1,304,325
1,304,338
1,287,021
1,215,825
1,228,460
1,242,522
1,242,5221,228,4601,215,8251,287,0211,304,3381,304,325
   Retained Earnings 
-75,439
-124,841
-146,491
-146,491
-146,491
562,044
562,044-146,491-146,491-146,491-124,841-75,439
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity -1,804,566-1,685,426-1,574,311-1,140,53000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue417,621
Cost of Revenue-103,675
Gross Profit417,621313,946
 
Operating Income (+$)
Gross Profit417,621
Operating Expense-157,487
Operating Income330,811260,134
 
Operating Expense (+$)
Research Development0
Selling General Administrative83,130
Selling And Marketing Expenses0
Operating Expense157,48783,130
 
Net Interest Income (+$)
Interest Income56,991
Interest Expense-35,818
Other Finance Cost-21,173
Net Interest Income0
 
Pretax Income (+$)
Operating Income330,811
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)224,316437,306
EBIT - interestExpense = 152,680
224,316
199,090
Interest Expense35,818
Earnings Before Interest and Taxes (EBIT)188,498260,134
Earnings Before Interest and Taxes (EBITDA)-142,313
 
After tax Income (+$)
Income Before Tax224,316
Tax Provision-61,044
Net Income From Continuing Ops0163,272
Net Income163,272
Net Income Applicable To Common Shares163,272
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses-157,487
Total Other Income/Expenses Net-106,4950
 

Technical Analysis of L1 Long Short Fund Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of L1 Long Short Fund Ltd. The general trend of L1 Long Short Fund Ltd is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine L1 Long Short Fund Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of L1 Long Short Fund Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2.85 < 2.91 < 2.92.

The bearish price targets are: 2.77 > 2.76 > 2.75.

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L1 Long Short Fund Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of L1 Long Short Fund Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

L1 Long Short Fund Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of L1 Long Short Fund Ltd. The current macd is -0.02057169.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the L1 Long Short Fund Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for L1 Long Short Fund Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the L1 Long Short Fund Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
L1 Long Short Fund Ltd Daily Moving Average Convergence/Divergence (MACD) ChartL1 Long Short Fund Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of L1 Long Short Fund Ltd. The current adx is 29.49.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell L1 Long Short Fund Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
L1 Long Short Fund Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of L1 Long Short Fund Ltd. The current sar is 2.76733523.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
L1 Long Short Fund Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of L1 Long Short Fund Ltd. The current rsi is 49.49. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
L1 Long Short Fund Ltd Daily Relative Strength Index (RSI) ChartL1 Long Short Fund Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of L1 Long Short Fund Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the L1 Long Short Fund Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
L1 Long Short Fund Ltd Daily Stochastic Oscillator ChartL1 Long Short Fund Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of L1 Long Short Fund Ltd. The current cci is -11.93467337.

L1 Long Short Fund Ltd Daily Commodity Channel Index (CCI) ChartL1 Long Short Fund Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of L1 Long Short Fund Ltd. The current cmo is 4.82333142.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
L1 Long Short Fund Ltd Daily Chande Momentum Oscillator (CMO) ChartL1 Long Short Fund Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of L1 Long Short Fund Ltd. The current willr is -25.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that L1 Long Short Fund Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
L1 Long Short Fund Ltd Daily Williams %R ChartL1 Long Short Fund Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of L1 Long Short Fund Ltd.

L1 Long Short Fund Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of L1 Long Short Fund Ltd. The current atr is 0.05082704.

L1 Long Short Fund Ltd Daily Average True Range (ATR) ChartL1 Long Short Fund Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of L1 Long Short Fund Ltd. The current obv is -9,118,840.

L1 Long Short Fund Ltd Daily On-Balance Volume (OBV) ChartL1 Long Short Fund Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of L1 Long Short Fund Ltd. The current mfi is 28.53.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
L1 Long Short Fund Ltd Daily Money Flow Index (MFI) ChartL1 Long Short Fund Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for L1 Long Short Fund Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-10-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-24BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

L1 Long Short Fund Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of L1 Long Short Fund Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.488
Ma 20Greater thanMa 502.827
Ma 50Greater thanMa 1002.897
Ma 100Greater thanMa 2002.862
OpenGreater thanClose2.800
Total2/5 (40.0%)
Penke

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