Luxfer Holdings Stock Forecast - Standard Deviation
| LXFR Stock | USD 14.80 0.46 3.21% |
Luxfer Stock Forecast is based on your current time horizon. Although Luxfer Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Luxfer Holdings' systematic risk associated with finding meaningful patterns of Luxfer Holdings fundamentals over time.
Luxfer |
Open Interest Against 2024-12-20 Luxfer Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Luxfer Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Luxfer Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Luxfer Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Luxfer Holdings' open interest, investors have to compare it to Luxfer Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Luxfer Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Luxfer. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Luxfer Holdings Volatility | Backtest Luxfer Holdings | Information Ratio |
Luxfer Holdings Trading Date Momentum
| On November 27 2024 Luxfer Holdings PLC was traded for 14.80 at the closing time. The top price for the day was 14.88 and the lowest listed price was 14.42 . The trading volume for the day was 117.4 K. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.16% . |
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Other Forecasting Options for Luxfer Holdings
For every potential investor in Luxfer, whether a beginner or expert, Luxfer Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Luxfer Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Luxfer. Basic forecasting techniques help filter out the noise by identifying Luxfer Holdings' price trends.Luxfer Holdings 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 Luxfer Holdings stock to make a market-neutral strategy. Peer analysis of Luxfer Holdings could also be used in its relative valuation, which is a method of valuing Luxfer Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Luxfer Holdings PLC 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 Luxfer Holdings' 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 Luxfer Holdings' current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Luxfer Holdings Market Strength Events
Market strength indicators help investors to evaluate how Luxfer Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luxfer Holdings shares will generate the highest return on investment. By undertsting and applying Luxfer Holdings stock market strength indicators, traders can identify Luxfer Holdings PLC entry and exit signals to maximize returns.
Luxfer Holdings Risk Indicators
The analysis of Luxfer Holdings' 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 Luxfer Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting luxfer 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 | 1.52 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.85 | |||
| Downside Variance | 3.44 | |||
| Semi Variance | 2.3 | |||
| Expected Short fall | (2.45) |
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 Luxfer Holdings
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 Luxfer Holdings 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 Luxfer Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Luxfer Stock
| 0.78 | B | Barnes Group | PairCorr |
| 0.64 | BW | Babcock Wilcox Enter | PairCorr |
| 0.82 | CR | Crane Company | PairCorr |
| 0.84 | IR | Ingersoll Rand | PairCorr |
Moving against Luxfer Stock
| 0.86 | CVV | CVD Equipment | PairCorr |
| 0.81 | RR | Richtech Robotics Class | PairCorr |
| 0.53 | CYD | China Yuchai Interna | PairCorr |
| 0.49 | AOS | Smith AO | PairCorr |
The ability to find closely correlated positions to Luxfer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luxfer Holdings 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 Luxfer Holdings - 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 Luxfer Holdings PLC to buy it.
The correlation of Luxfer Holdings 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 Luxfer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luxfer Holdings PLC 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 Luxfer Holdings 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 Luxfer Stock Analysis
When running Luxfer Holdings' price analysis, check to measure Luxfer Holdings' 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 Luxfer Holdings is operating at the current time. Most of Luxfer Holdings' value examination focuses on studying past and present price action to predict the probability of Luxfer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luxfer Holdings' price. Additionally, you may evaluate how the addition of Luxfer Holdings to your portfolios can decrease your overall portfolio volatility.