LG Energy Stock Forecast - Relative Strength Index
373220 Stock | 406,000 13,500 3.22% |
373220 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LG Energy stock prices and determine the direction of LG Energy Solution's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LG Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
373220 |
Check LG Energy Volatility | Backtest LG Energy | Information Ratio |
LG Energy Trading Date Momentum
On November 26 2024 LG Energy Solution was traded for 406,000 at the closing time. The highest price during the trading period was 422,000 and the lowest recorded bid was listed for 405,000 . The volume for the day was 213.3 K. This history from November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 2.71% . |
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Other Forecasting Options for LG Energy
For every potential investor in 373220, whether a beginner or expert, LG Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 373220 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 373220. Basic forecasting techniques help filter out the noise by identifying LG Energy's price trends.LG Energy 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 LG Energy stock to make a market-neutral strategy. Peer analysis of LG Energy could also be used in its relative valuation, which is a method of valuing LG Energy by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
LG Energy Solution 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 LG Energy'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 LG Energy's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
LG Energy Market Strength Events
Market strength indicators help investors to evaluate how LG Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LG Energy shares will generate the highest return on investment. By undertsting and applying LG Energy stock market strength indicators, traders can identify LG Energy Solution entry and exit signals to maximize returns.
Accumulation Distribution | 8594.06 | |||
Daily Balance Of Power | (0.79) | |||
Rate Of Daily Change | 0.97 | |||
Day Median Price | 413500.0 | |||
Day Typical Price | 411000.0 | |||
Market Facilitation Index | 0.0797 | |||
Price Action Indicator | (14,250) | |||
Period Momentum Indicator | (13,500) |
LG Energy Risk Indicators
The analysis of LG Energy'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 LG Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 373220 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 | 2.46 | |||
Semi Deviation | 2.94 | |||
Standard Deviation | 3.27 | |||
Variance | 10.71 | |||
Downside Variance | 12.5 | |||
Semi Variance | 8.64 | |||
Expected Short fall | (2.68) |
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.
Pair Trading with LG Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LG Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LG Energy will appreciate offsetting losses from the drop in the long position's value.Moving against 373220 Stock
The ability to find closely correlated positions to LG Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LG Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LG Energy Solution to buy it.
The correlation of LG Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LG Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Energy Solution moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LG Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in 373220 Stock
LG Energy financial ratios help investors to determine whether 373220 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 373220 with respect to the benefits of owning LG Energy security.