Light Wonder Stock Forecast - Price Action Indicator
| LNW Stock | USD 91.46 0.09 0.1% |
Light Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Light Wonder stock prices and determine the direction of Light Wonder's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Light Wonder's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Light Wonder's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Light Wonder's systematic risk associated with finding meaningful patterns of Light Wonder fundamentals over time.
Check out Historical Fundamental Analysis of Light Wonder to cross-verify your projections. Light |
Most investors in Light Wonder 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 Light Wonder's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Light Wonder'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 |
| (5.86) | (0.14) |
| Check Light Wonder Volatility | Backtest Light Wonder | Information Ratio |
Light Wonder Trading Date Momentum
| On May 10 2024 Light Wonder was traded for 91.46 at the closing time. Highest Light Wonder's price during the trading hours was 92.90 and the lowest price during the day was 90.20 . The net volume was 1.2 M. The overall trading history on the 10th of May did not cause price change. The trading delta at closing time to current price is 0.25% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Light Wonder to competition |
Other Forecasting Options for Light Wonder
For every potential investor in Light, whether a beginner or expert, Light Wonder's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Light Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Light. Basic forecasting techniques help filter out the noise by identifying Light Wonder's price trends.Light Wonder 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 Light Wonder stock to make a market-neutral strategy. Peer analysis of Light Wonder could also be used in its relative valuation, which is a method of valuing Light Wonder by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Light Wonder 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 Light Wonder'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 Light Wonder's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Light Wonder Market Strength Events
Market strength indicators help investors to evaluate how Light Wonder stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Light Wonder shares will generate the highest return on investment. By undertsting and applying Light Wonder stock market strength indicators, traders can identify Light Wonder entry and exit signals to maximize returns.
| Accumulation Distribution | 33641.65 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 91.55 | |||
| Day Typical Price | 91.52 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | (0.09) |
Light Wonder Risk Indicators
The analysis of Light Wonder'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 Light Wonder's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting light 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 | 1.72 | |||
| Semi Deviation | 1.87 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.36 | |||
| Downside Variance | 3.94 | |||
| Semi Variance | 3.51 | |||
| Expected Short fall | (1.90) |
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.
Light Wonder Investors Sentiment
The influence of Light Wonder's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Light. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Light Wonder's public news can be used to forecast risks associated with an investment in Light. The trend in average sentiment can be used to explain how an investor holding Light can time the market purely based on public headlines and social activities around Light Wonder. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Light Wonder's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Light Wonder's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Light Wonder's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Light Wonder.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Light Wonder in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Light Wonder's short interest history, or implied volatility extrapolated from Light Wonder options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Light Wonder to cross-verify your projections. For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Light Stock analysis
When running Light Wonder's price analysis, check to measure Light Wonder's 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 Light Wonder is operating at the current time. Most of Light Wonder's value examination focuses on studying past and present price action to predict the probability of Light Wonder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Wonder's price. Additionally, you may evaluate how the addition of Light Wonder to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
Is Light Wonder's 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 Light Wonder. If investors know Light 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 Light Wonder 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 2.826 | Earnings Share 2.4 | Revenue Per Share 32.926 | Quarterly Revenue Growth 0.128 | Return On Assets 0.0747 |
The market value of Light Wonder is measured differently than its book value, which is the value of Light that is recorded on the company's balance sheet. Investors also form their own opinion of Light Wonder's value that differs from its market value or its book value, called intrinsic value, which is Light Wonder'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 Light Wonder's market value can be influenced by many factors that don't directly affect Light Wonder'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 Light Wonder's value and its price as these two are different measures arrived at by different means. Investors typically determine if Light Wonder is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Light Wonder'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.