Lumax International Stock Forecast - Day Typical Price

6192 Stock  TWD 104.50  1.00  0.95%   
Lumax Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lumax International stock prices and determine the direction of Lumax International Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lumax International's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Lumax International to cross-verify your projections.
  
Lumax International Corp has current Day Typical Price of 105.17.
Most investors in Lumax International 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 Lumax International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lumax International's 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.
Check Lumax International VolatilityBacktest Lumax InternationalInformation Ratio  

Lumax International Trading Date Momentum

On April 26 2024 Lumax International Corp was traded for  104.50  at the closing time. The highest price during the trading period was 106.50  and the lowest recorded bid was listed for  104.50 . The volume for the day was 290.2 K. This history from April 26, 2024 did not cause price change. The trading delta at closing time to the current price is 1.91% .
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 Lumax International to competition

Other Forecasting Options for Lumax International

For every potential investor in Lumax, whether a beginner or expert, Lumax International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lumax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lumax. Basic forecasting techniques help filter out the noise by identifying Lumax International's price trends.

Lumax International 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 Lumax International stock to make a market-neutral strategy. Peer analysis of Lumax International could also be used in its relative valuation, which is a method of valuing Lumax International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Lumax International Corp 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 Lumax International'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 Lumax International's current price.

Lumax International Market Strength Events

Market strength indicators help investors to evaluate how Lumax International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lumax International shares will generate the highest return on investment. By undertsting and applying Lumax International stock market strength indicators, traders can identify Lumax International Corp entry and exit signals to maximize returns.

Lumax International Risk Indicators

The analysis of Lumax International'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 Lumax International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lumax 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.
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 Lumax International 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, Lumax International's short interest history, or implied volatility extrapolated from Lumax International options trading.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Historical Fundamental Analysis of Lumax International to cross-verify your projections.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Lumax Stock analysis

When running Lumax International's price analysis, check to measure Lumax International'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 Lumax International is operating at the current time. Most of Lumax International's value examination focuses on studying past and present price action to predict the probability of Lumax International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax International's price. Additionally, you may evaluate how the addition of Lumax International to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Please note, there is a significant difference between Lumax International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumax International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumax International'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.