Laurentian Bank Stock Technical Analysis
LB Stock | CAD 29.50 0.11 0.37% |
As of the 29th of November, Laurentian Bank secures the Mean Deviation of 0.8407, downside deviation of 1.26, and Risk Adjusted Performance of 0.1152. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Laurentian Bank, as well as the relationship between them.
Laurentian Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Laurentian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LaurentianLaurentian |
Laurentian Bank 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.
Laurentian Bank Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Laurentian Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Laurentian Bank Trend Analysis
Use this graph to draw trend lines for Laurentian Bank. You can use it to identify possible trend reversals for Laurentian Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Laurentian Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Laurentian Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Laurentian Bank applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Laurentian Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 58.29, which is the sum of squared deviations for the predicted Laurentian Bank price change compared to its average price change.About Laurentian Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Laurentian Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Laurentian Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Laurentian Bank price pattern first instead of the macroeconomic environment surrounding Laurentian Bank. By analyzing Laurentian Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Laurentian Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Laurentian Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0704 | 0.0752 | 0.0865 | 0.0626 | Price To Sales Ratio | 1.27 | 1.08 | 0.97 | 1.1 |
Laurentian Bank November 29, 2024 Technical Indicators
Most technical analysis of Laurentian help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Laurentian from various momentum indicators to cycle indicators. When you analyze Laurentian charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1152 | |||
Market Risk Adjusted Performance | 1.52 | |||
Mean Deviation | 0.8407 | |||
Semi Deviation | 1.07 | |||
Downside Deviation | 1.26 | |||
Coefficient Of Variation | 687.02 | |||
Standard Deviation | 1.21 | |||
Variance | 1.45 | |||
Information Ratio | 0.0416 | |||
Jensen Alpha | 0.1529 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0397 | |||
Treynor Ratio | 1.51 | |||
Maximum Drawdown | 5.12 | |||
Value At Risk | (1.58) | |||
Potential Upside | 2.11 | |||
Downside Variance | 1.6 | |||
Semi Variance | 1.15 | |||
Expected Short fall | (0.92) | |||
Skewness | (0.27) | |||
Kurtosis | 3.24 |
Laurentian Bank November 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Laurentian stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 1,305 | ||
Daily Balance Of Power | 0.24 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 29.40 | ||
Day Typical Price | 29.43 | ||
Price Action Indicator | 0.15 |
Other Information on Investing in Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laurentian with respect to the benefits of owning Laurentian Bank security.