Lundin Mining Stock Forecast - Daily Balance Of Power
| LUMI Stock | SEK 127.50 3.70 2.99% |
Lundin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lundin Mining stock prices and determine the direction of Lundin Mining's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lundin Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Lundin Mining to cross-verify your projections. Lundin |
Most investors in Lundin Mining 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 Lundin Mining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lundin Mining's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Lundin Mining market sensitivity to bulls and bears. It estimates the ability of Lundin Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lundin Mining Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.8611 | 1.027778 |
| Check Lundin Mining Volatility | Backtest Lundin Mining | Information Ratio |
Lundin Mining Trading Date Momentum
| On April 29 2024 Lundin Mining was traded for 127.50 at the closing time. The highest price during the trading period was 128.00 and the lowest recorded bid was listed for 124.40 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not cause price change. The trading delta at closing time to the current price is 2.43% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Lundin Mining to competition |
Other Forecasting Options for Lundin Mining
For every potential investor in Lundin, whether a beginner or expert, Lundin Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lundin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lundin. Basic forecasting techniques help filter out the noise by identifying Lundin Mining's price trends.Lundin Mining 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 Lundin Mining stock to make a market-neutral strategy. Peer analysis of Lundin Mining could also be used in its relative valuation, which is a method of valuing Lundin Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lundin Mining 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 Lundin Mining'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 Lundin Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lundin Mining Market Strength Events
Market strength indicators help investors to evaluate how Lundin Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lundin Mining shares will generate the highest return on investment. By undertsting and applying Lundin Mining stock market strength indicators, traders can identify Lundin Mining entry and exit signals to maximize returns.
Lundin Mining Risk Indicators
The analysis of Lundin Mining'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 Lundin Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lundin 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 | 1.86 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.09 | |||
| Downside Variance | 4.05 | |||
| Semi Variance | 1.99 | |||
| Expected Short fall | (2.19) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Lundin Mining to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Lundin Stock analysis
When running Lundin Mining's price analysis, check to measure Lundin Mining'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 Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
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