LXP Industrial Stock Forecast - Daily Balance Of Power
| LXP Stock | USD 9.20 0.02 0.22% |
LXP Stock Forecast is based on your current time horizon. Although LXP Industrial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LXP Industrial's systematic risk associated with finding meaningful patterns of LXP Industrial fundamentals over time.
LXP |
| Check LXP Industrial Volatility | Backtest LXP Industrial | Information Ratio |
LXP Industrial Trading Date Momentum
| On November 21 2024 LXP Industrial Trust was traded for 9.20 at the closing time. Highest LXP Industrial's price during the trading hours was 9.34 and the lowest price during the day was 9.18 . The net volume was 1.2 M. The overall trading history on the 21st of November did not cause price change. The trading delta at closing time to current price is 0.43% . |
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.
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Other Forecasting Options for LXP Industrial
For every potential investor in LXP, whether a beginner or expert, LXP Industrial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LXP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LXP. Basic forecasting techniques help filter out the noise by identifying LXP Industrial's price trends.LXP Industrial 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 LXP Industrial stock to make a market-neutral strategy. Peer analysis of LXP Industrial could also be used in its relative valuation, which is a method of valuing LXP Industrial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LXP Industrial Trust 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 LXP Industrial'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 LXP Industrial's current price.| Cycle Indicators | ||
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LXP Industrial Market Strength Events
Market strength indicators help investors to evaluate how LXP Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LXP Industrial shares will generate the highest return on investment. By undertsting and applying LXP Industrial stock market strength indicators, traders can identify LXP Industrial Trust entry and exit signals to maximize returns.
LXP Industrial Risk Indicators
The analysis of LXP Industrial'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 LXP Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lxp 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 | 0.8873 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.55 |
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 LXP Industrial
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 LXP Industrial 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 LXP Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with LXP Stock
Moving against LXP Stock
| 0.7 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.68 | UE | Urban Edge Properties Sell-off Trend | PairCorr |
| 0.53 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.47 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.45 | VNO-PM | Vornado Realty Trust Potential Growth | PairCorr |
The ability to find closely correlated positions to LXP Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LXP Industrial 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 LXP Industrial - 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 LXP Industrial Trust to buy it.
The correlation of LXP Industrial 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 LXP Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LXP Industrial Trust 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 LXP Industrial 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 LXP Stock Analysis
When running LXP Industrial's price analysis, check to measure LXP Industrial'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 LXP Industrial is operating at the current time. Most of LXP Industrial's value examination focuses on studying past and present price action to predict the probability of LXP Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LXP Industrial's price. Additionally, you may evaluate how the addition of LXP Industrial to your portfolios can decrease your overall portfolio volatility.