Landstar System Stock Forecast - Daily Balance Of Power
| LSTR Stock | USD 186.30 1.44 0.77% |
Landstar Stock Forecast is based on your current time horizon. Although Landstar System's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Landstar System's systematic risk associated with finding meaningful patterns of Landstar System fundamentals over time.
Landstar |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4496 | (0.75) |
| Check Landstar System Volatility | Backtest Landstar System | Trend Details |
Landstar System Trading Date Momentum
| On September 06 2024 Landstar System was traded for 179.67 at the closing time. The top price for the day was 181.98 and the lowest listed price was 179.20 . The trading volume for the day was 148.8 K. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.28% . The trading delta at closing time against the current closing price is 0.46% . |
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 Landstar System to competition |
Other Forecasting Options for Landstar System
For every potential investor in Landstar, whether a beginner or expert, Landstar System's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Landstar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Landstar. Basic forecasting techniques help filter out the noise by identifying Landstar System's price trends.Landstar System 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 Landstar System stock to make a market-neutral strategy. Peer analysis of Landstar System could also be used in its relative valuation, which is a method of valuing Landstar System by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Landstar System 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 Landstar System'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 Landstar System's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Landstar System Market Strength Events
Market strength indicators help investors to evaluate how Landstar System stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Landstar System shares will generate the highest return on investment. By undertsting and applying Landstar System stock market strength indicators, traders can identify Landstar System entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0272 | |||
| Daily Balance Of Power | (0.28) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 186.52 | |||
| Day Typical Price | 186.45 | |||
| Market Facilitation Index | 5.14 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (1.44) |
Landstar System Risk Indicators
The analysis of Landstar System'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 Landstar System's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting landstar 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 | 1.21 | |||
| Semi Deviation | 1.35 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.42 | |||
| Downside Variance | 2.06 | |||
| Semi Variance | 1.81 | |||
| Expected Short fall | (1.27) |
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 Landstar System
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 Landstar System 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 Landstar System will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Landstar System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Landstar System 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 Landstar System - 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 Landstar System to buy it.
The correlation of Landstar System 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 Landstar System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Landstar System 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 Landstar System 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 Landstar Stock Analysis
When running Landstar System's price analysis, check to measure Landstar System'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 Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.