LGL Stock Forecast - Price Action Indicator
| LGL Stock | USD 5.11 0.03 0.59% |
LGL Stock Forecast is based on your current time horizon. Although LGL's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LGL's systematic risk associated with finding meaningful patterns of LGL fundamentals over time.
LGL |
Most investors in LGL cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the LGL's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets LGL's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.01) | 0.01 |
| Check LGL Volatility | Backtest LGL | Information Ratio |
LGL Trading Date Momentum
| On June 11 2024 LGL Group was traded for 5.11 at the closing time. Highest LGL's price during the trading hours was 5.17 and the lowest price during the day was 5.06 . The net volume was 1.4 K. The overall trading history on the 11th of June 2024 did not cause price change. The trading delta at closing time to current price is 1.17% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for LGL
For every potential investor in LGL, whether a beginner or expert, LGL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LGL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LGL. Basic forecasting techniques help filter out the noise by identifying LGL's price trends.LGL Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LGL stock to make a market-neutral strategy. Peer analysis of LGL could also be used in its relative valuation, which is a method of valuing LGL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LGL Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of LGL's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of LGL's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
LGL Market Strength Events
Market strength indicators help investors to evaluate how LGL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LGL shares will generate the highest return on investment. By undertsting and applying LGL stock market strength indicators, traders can identify LGL Group entry and exit signals to maximize returns.
LGL Risk Indicators
The analysis of LGL's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in LGL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lgl stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.01 | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.43 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as LGL Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Additional Information and Resources on Investing in LGL Stock
When determining whether LGL Group is a strong investment it is important to analyze LGL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LGL's future performance. For an informed investment choice regarding LGL Stock, refer to the following important reports:Check out Historical Fundamental Analysis of LGL to cross-verify your projections. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Electronic Equipment, Instruments & Components space 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 LGL. If investors know LGL 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 LGL 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 (0.85) | Earnings Share 0.03 | Revenue Per Share 0.669 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0072 |
The market value of LGL Group is measured differently than its book value, which is the value of LGL that is recorded on the company's balance sheet. Investors also form their own opinion of LGL's value that differs from its market value or its book value, called intrinsic value, which is LGL's 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 LGL's market value can be influenced by many factors that don't directly affect LGL's 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 LGL's value and its price as these two are different measures arrived at by different means. Investors typically determine if LGL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGL's 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.