LB Foster Stock Forecast - Day Median Price
| FSTR Stock | USD 28.30 0.02 0.07% |
FSTR Stock Forecast is based on your current time horizon. Although LB Foster's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LB Foster's systematic risk associated with finding meaningful patterns of LB Foster fundamentals over time.
FSTR |
Open Interest Against 2024-12-20 FSTR Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast LB Foster's 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 LB Foster's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for LB Foster stock based on available contracts left at the end of a trading day.
No Open InterestPlease note that to derive more accurate forecasting about market movement from the current LB Foster's open interest, investors have to compare it to LB Foster's 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 LB Foster 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 FSTR. 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.
| Previous Day Median Price | Day Median Price | Trend |
| 25.7 | 26.11 |
| Check LB Foster Volatility | Backtest LB Foster | Trend Details |
LB Foster Trading Date Momentum
| On November 19 2024 LB Foster was traded for 25.71 at the closing time. The top price for the day was 25.89 and the lowest listed price was 25.31 . The trading volume for the day was 50.8 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.50% . The trading delta at closing time against the current closing price is 8.55% . |
The median price is the midpoint of the trading periods range.
| Compare LB Foster to competition |
Other Forecasting Options for LB Foster
For every potential investor in FSTR, whether a beginner or expert, LB Foster's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FSTR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FSTR. Basic forecasting techniques help filter out the noise by identifying LB Foster's price trends.LB Foster 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 LB Foster stock to make a market-neutral strategy. Peer analysis of LB Foster could also be used in its relative valuation, which is a method of valuing LB Foster by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LB Foster 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 LB Foster'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 LB Foster's current price.| Cycle Indicators | ||
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| Volume Indicators |
LB Foster Market Strength Events
Market strength indicators help investors to evaluate how LB Foster stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LB Foster shares will generate the highest return on investment. By undertsting and applying LB Foster stock market strength indicators, traders can identify LB Foster entry and exit signals to maximize returns.
LB Foster Risk Indicators
The analysis of LB Foster'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 LB Foster's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fstr 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 | 2.1 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.94 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 2.54 | |||
| Expected Short fall | (2.48) |
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 LB Foster
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 LB Foster 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 LB Foster will appreciate offsetting losses from the drop in the long position's value.Moving together with FSTR Stock
Moving against FSTR Stock
| 0.69 | SLDP | Solid Power | PairCorr |
| 0.66 | CP | Canadian Pacific Railway | PairCorr |
| 0.62 | EFSH | 1847 Holdings LLC | PairCorr |
| 0.53 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.39 | FBYD | Falcons Beyond Global, | PairCorr |
The ability to find closely correlated positions to LB Foster could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LB Foster 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 LB Foster - 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 LB Foster to buy it.
The correlation of LB Foster 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 LB Foster moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Foster 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 LB Foster 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 FSTR Stock Analysis
When running LB Foster's price analysis, check to measure LB Foster'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 LB Foster is operating at the current time. Most of LB Foster's value examination focuses on studying past and present price action to predict the probability of LB Foster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LB Foster's price. Additionally, you may evaluate how the addition of LB Foster to your portfolios can decrease your overall portfolio volatility.