LegoChem Biosciences Stock Forecast - Day Typical Price
| 141080 Stock | KRW 68,000 100.00 0.15% |
LegoChem Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LegoChem Biosciences stock prices and determine the direction of LegoChem Biosciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LegoChem Biosciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of LegoChem Biosciences to cross-verify your projections. LegoChem |
Most investors in LegoChem Biosciences 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 LegoChem Biosciences' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets LegoChem Biosciences' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 68933.33 | 68933.33 |
| Check LegoChem Biosciences Volatility | Backtest LegoChem Biosciences | Information Ratio |
LegoChem Biosciences Trading Date Momentum
| On May 07 2024 LegoChem Biosciences was traded for 68,000 at the closing time. The highest price during the trading period was 71,000 and the lowest recorded bid was listed for 67,800 . There was no trading activity during the period 0.0. Lack of trading volume on May 7, 2024 did not cause price change. The trading delta at closing time to the current price is 1.76% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare LegoChem Biosciences to competition |
Other Forecasting Options for LegoChem Biosciences
For every potential investor in LegoChem, whether a beginner or expert, LegoChem Biosciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LegoChem Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LegoChem. Basic forecasting techniques help filter out the noise by identifying LegoChem Biosciences' price trends.LegoChem Biosciences 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 LegoChem Biosciences stock to make a market-neutral strategy. Peer analysis of LegoChem Biosciences could also be used in its relative valuation, which is a method of valuing LegoChem Biosciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LegoChem Biosciences 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 LegoChem Biosciences' 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 LegoChem Biosciences' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LegoChem Biosciences Market Strength Events
Market strength indicators help investors to evaluate how LegoChem Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LegoChem Biosciences shares will generate the highest return on investment. By undertsting and applying LegoChem Biosciences stock market strength indicators, traders can identify LegoChem Biosciences entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0451 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 69400.0 | |||
| Day Typical Price | 68933.33 | |||
| Market Facilitation Index | 3200.0 | |||
| Price Action Indicator | (1,450) | |||
| Period Momentum Indicator | (100.00) | |||
| Relative Strength Index | 48.46 |
LegoChem Biosciences Risk Indicators
The analysis of LegoChem Biosciences' 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 LegoChem Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting legochem 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 | 3.33 | |||
| Semi Deviation | 3.19 | |||
| Standard Deviation | 5.12 | |||
| Variance | 26.18 | |||
| Downside Variance | 12.34 | |||
| Semi Variance | 10.15 | |||
| Expected Short fall | (4.04) |
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.
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 LegoChem Biosciences 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, LegoChem Biosciences' short interest history, or implied volatility extrapolated from LegoChem Biosciences options trading.
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Check out Historical Fundamental Analysis of LegoChem Biosciences to cross-verify your projections. Note that the LegoChem Biosciences information on this page should be used as a complementary analysis to other LegoChem Biosciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for LegoChem Stock analysis
When running LegoChem Biosciences' price analysis, check to measure LegoChem Biosciences' 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 LegoChem Biosciences is operating at the current time. Most of LegoChem Biosciences' value examination focuses on studying past and present price action to predict the probability of LegoChem Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegoChem Biosciences' price. Additionally, you may evaluate how the addition of LegoChem Biosciences to your portfolios can decrease your overall portfolio volatility.
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