Distance
According C. G. Tinney's 1996 paper "CCD astrometry of southern very low-mass stars", LP 944-020 (designated there as BRI 0337-3535) has relative parallax mas, and correction from relative to absolute parallax (i. e. mean parallax of the reference frame stars) mas. This yields absolute parallax mas, and standard deviation of absolute parallax (according formula ) mas, and this corresponds to a distance of pc, or ly. (The same values of absolute parallax and its standard deviation are in RECONS' TOP100 list, which is referenced to the aforementioned Tinney's article.)
Read more about this topic: LP 944-020
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“Why does the past look so enticing to us? For the same reason why from a distance a meadow with flowers looks like a flower bed.”
—Franz Grillparzer (1791–1872)
“As distance shows a horse’s strength, so time reveals a person’s heart.”
—Chinese proverb.