Golar LNG Stock Forecast - Daily Balance Of Power
| GLNG Stock | USD 39.37 0.08 0.20% |
Golar Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Golar LNG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Golar |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.8222 | (0.90) |
| Check Golar LNG Volatility | Backtest Golar LNG | Trend Details |
Golar LNG Trading Date Momentum
| On September 26 2024 Golar LNG Limited was traded for 35.59 at the closing time. The top price for the day was 36.02 and the lowest listed price was 34.26 . The trading volume for the day was 3 M. The trading history from September 26, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 2.01% . The overall trading delta against the current closing price is 6.85% . |
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.
| Compare Golar LNG to competition |
Other Forecasting Options for Golar LNG
For every potential investor in Golar, whether a beginner or expert, Golar LNG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Golar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Golar. Basic forecasting techniques help filter out the noise by identifying Golar LNG's price trends.Golar LNG 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 Golar LNG stock to make a market-neutral strategy. Peer analysis of Golar LNG could also be used in its relative valuation, which is a method of valuing Golar LNG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Golar LNG Limited 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 Golar LNG'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 Golar LNG's current price.| Cycle Indicators | ||
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| Volume Indicators |
Golar LNG Market Strength Events
Market strength indicators help investors to evaluate how Golar LNG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golar LNG shares will generate the highest return on investment. By undertsting and applying Golar LNG stock market strength indicators, traders can identify Golar LNG Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 15917.67 | |||
| Daily Balance Of Power | 0.0727 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 39.39 | |||
| Day Typical Price | 39.38 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.08 |
Golar LNG Risk Indicators
The analysis of Golar LNG'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 Golar LNG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golar 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 | 1.78 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.58 | |||
| Downside Variance | 3.93 | |||
| Semi Variance | 3.09 | |||
| Expected Short fall | (2.12) |
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.
Currently Active Assets on Macroaxis
When determining whether Golar LNG Limited is a strong investment it is important to analyze Golar LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golar LNG's future performance. For an informed investment choice regarding Golar Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Golar LNG to cross-verify your projections. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golar LNG. If investors know Golar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golar LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 1.32 | Revenue Per Share 2.632 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0237 |
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golar LNG's market value can be influenced by many factors that don't directly affect Golar LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.