Lamar Advertising Stock Forecast - Treynor Ratio
| LAMR Stock | USD 133.42 3.07 2.36% |
Lamar Stock Forecast is based on your current time horizon. Although Lamar Advertising's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lamar Advertising's systematic risk associated with finding meaningful patterns of Lamar Advertising fundamentals over time.
Lamar |
| Check Lamar Advertising Volatility | Backtest Lamar Advertising | Information Ratio |
Lamar Advertising Trading Date Momentum
| On November 26 2024 Lamar Advertising was traded for 133.42 at the closing time. The top price for the day was 133.94 and the lowest listed price was 130.99 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.58% . |
| Compare Lamar Advertising to competition |
Other Forecasting Options for Lamar Advertising
For every potential investor in Lamar, whether a beginner or expert, Lamar Advertising's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lamar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lamar. Basic forecasting techniques help filter out the noise by identifying Lamar Advertising's price trends.Lamar Advertising 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 Lamar Advertising stock to make a market-neutral strategy. Peer analysis of Lamar Advertising could also be used in its relative valuation, which is a method of valuing Lamar Advertising by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lamar Advertising 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 Lamar Advertising'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 Lamar Advertising's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lamar Advertising Market Strength Events
Market strength indicators help investors to evaluate how Lamar Advertising stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lamar Advertising shares will generate the highest return on investment. By undertsting and applying Lamar Advertising stock market strength indicators, traders can identify Lamar Advertising entry and exit signals to maximize returns.
Lamar Advertising Risk Indicators
The analysis of Lamar Advertising'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 Lamar Advertising's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lamar 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 | 0.8629 | |||
| Semi Deviation | 1.02 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.38 | |||
| Downside Variance | 1.41 | |||
| Semi Variance | 1.04 | |||
| Expected Short fall | (0.99) |
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 Lamar Advertising
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 Lamar Advertising 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 Lamar Advertising will appreciate offsetting losses from the drop in the long position's value.Moving against Lamar Stock
The ability to find closely correlated positions to Lamar Advertising could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lamar Advertising 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 Lamar Advertising - 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 Lamar Advertising to buy it.
The correlation of Lamar Advertising 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 Lamar Advertising moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lamar Advertising 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 Lamar Advertising 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.Additional Tools for Lamar Stock Analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.