Legg Mason Etf Forecast - Daily Balance Of Power
| LVHD Etf | USD 38.44 0.26 0.68% |
Legg Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Legg Mason stock prices and determine the direction of Legg Mason Low's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Legg Mason's historical fundamentals, such as revenue growth or operating cash flow patterns.
Legg |
Open Interest Against 2025-01-17 Legg Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Legg Mason'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 Legg Mason's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Legg Mason stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Legg Mason's open interest, investors have to compare it to Legg Mason'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 Legg Mason 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 Legg. 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 Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.79) | (0.76) |
| Check Legg Mason Volatility | Backtest Legg Mason | Trend Details |
Legg Mason Trading Date Momentum
| On December 04 2024 Legg Mason Low was traded for 40.12 at the closing time. The top price for the day was 40.28 and the lowest listed price was 40.04 . The trading volume for the day was 24.7 K. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.40% . The trading delta at closing time against the current closing price is 0.57% . |
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 Legg Mason
For every potential investor in Legg, whether a beginner or expert, Legg Mason's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Legg Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Legg. Basic forecasting techniques help filter out the noise by identifying Legg Mason's price trends.Legg Mason 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 Legg Mason etf to make a market-neutral strategy. Peer analysis of Legg Mason could also be used in its relative valuation, which is a method of valuing Legg Mason by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Legg Mason Low Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Legg Mason'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 Legg Mason's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Legg Mason Market Strength Events
Market strength indicators help investors to evaluate how Legg Mason etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legg Mason shares will generate the highest return on investment. By undertsting and applying Legg Mason etf market strength indicators, traders can identify Legg Mason Low entry and exit signals to maximize returns.
Legg Mason Risk Indicators
The analysis of Legg Mason'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 Legg Mason's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting legg etf 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 | 0.501 | |||
| Standard Deviation | 0.6418 | |||
| Variance | 0.412 |
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.
Also Currently Popular
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Historical Fundamental Analysis of Legg Mason to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Legg Mason Low is measured differently than its book value, which is the value of Legg that is recorded on the company's balance sheet. Investors also form their own opinion of Legg Mason's value that differs from its market value or its book value, called intrinsic value, which is Legg Mason'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 Legg Mason's market value can be influenced by many factors that don't directly affect Legg Mason'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 Legg Mason's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legg Mason is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legg Mason'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.