Lennar Stock Forecast - Daily Balance Of Power

LEN Stock  USD 161.67  4.34  2.61%   
Lennar Stock Forecast is based on your current time horizon. Although Lennar's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lennar's systematic risk associated with finding meaningful patterns of Lennar fundamentals over time.
  
At this time, Lennar's Inventory Turnover is very stable compared to the past year. As of the 11th of December 2024, Payables Turnover is likely to grow to 9.52, while Receivables Turnover is likely to drop 18.01. . As of the 11th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 4.8 B, while Common Stock Shares Outstanding is likely to drop about 178.5 M.
On October 1, 2024 Lennar had Daily Balance Of Power of (0.08). Balance of Power indicator (or BOP) measures the strength of Lennar market sensitivity to bulls and bears. It estimates the ability of Lennar buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lennar Balance of Power indicator one can determine a trend of the price direction.
Check Lennar VolatilityBacktest LennarTrend Details  

Lennar Trading Date Momentum

On October 02 2024 Lennar was traded for  186.59  at the closing time. Highest Lennar's price during the trading hours was 187.11  and the lowest price during the day was  183.99 . The net volume was 1.7 M. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.63% . The trading delta at closing time to current price is 4.41% .
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 Lennar

For every potential investor in Lennar, whether a beginner or expert, Lennar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lennar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lennar. Basic forecasting techniques help filter out the noise by identifying Lennar's price trends.

Lennar 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 Lennar stock to make a market-neutral strategy. Peer analysis of Lennar could also be used in its relative valuation, which is a method of valuing Lennar by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Lennar 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 Lennar'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 Lennar's current price.

Lennar Market Strength Events

Market strength indicators help investors to evaluate how Lennar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lennar shares will generate the highest return on investment. By undertsting and applying Lennar stock market strength indicators, traders can identify Lennar entry and exit signals to maximize returns.

Lennar Risk Indicators

The analysis of Lennar'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 Lennar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lennar 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.
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 Lennar

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 Lennar 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 Lennar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lennar Stock

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Moving against Lennar Stock

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  0.59KTB Kontoor BrandsPairCorr
  0.52PVH PVH CorpPairCorr
  0.5FOSL Fossil GroupPairCorr
The ability to find closely correlated positions to Lennar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lennar 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 Lennar - 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 Lennar to buy it.
The correlation of Lennar 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 Lennar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lennar 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 Lennar 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.
Pair CorrelationCorrelation Matching
When determining whether Lennar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock:
Check out Historical Fundamental Analysis of Lennar to cross-verify your projections.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Household Durables 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 Lennar. If investors know Lennar 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 Lennar 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
0.101
Dividend Share
1.875
Earnings Share
15.05
Revenue Per Share
132.561
Quarterly Revenue Growth
0.079
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar'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 Lennar's market value can be influenced by many factors that don't directly affect Lennar'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 Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar'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.