Lexaria Bioscience Stock Forecast - Rate Of Daily Change

LEXXW Stock  USD 0.70  0.1  11.88%   
Lexaria Stock Forecast is based on your current time horizon.
  
At this time, Lexaria Bioscience's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 13.85 in 2024, despite the fact that Inventory Turnover is likely to grow to (75.79). . Common Stock Shares Outstanding is likely to climb to about 13 M in 2024, whereas Net Loss is likely to drop (3.7 M) in 2024.
On November 21, 2024 Lexaria Bioscience Corp had Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Lexaria Bioscience.
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Lexaria Bioscience Trading Date Momentum

On November 22 2024 Lexaria Bioscience Corp was traded for  0.75  at the closing time. The highest daily price throughout the period was 0.75  and the lowest price was  0.75 . The daily volume was 292. The net trading volume on 11/22/2024 did not cause price change. The trading delta at closing time to current closing price is 9.33% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Lexaria Bioscience

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

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

Lexaria Bioscience Corp 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 Lexaria Bioscience'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 Lexaria Bioscience's current price.

Lexaria Bioscience Market Strength Events

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

Lexaria Bioscience Risk Indicators

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

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Lexaria Stock Analysis

When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience'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 Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.