Lyko Group Stock Forecast - Daily Balance Of Power

LYKO-A Stock  SEK 85.90  3.80  4.63%   
Lyko Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lyko Group stock prices and determine the direction of Lyko Group A's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lyko Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 22, 2024 Lyko Group A had Daily Balance Of Power of 0.9268. Balance of Power indicator (or BOP) measures the strength of Lyko Group A market sensitivity to bulls and bears. It estimates the ability of Lyko Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lyko Group Balance of Power indicator one can determine a trend of the price direction.
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Lyko Group Trading Date Momentum

On November 24 2024 Lyko Group A was traded for  85.90  at the closing time. The highest price during the trading period was 86.20  and the lowest recorded bid was listed for  82.10 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time to the current price is 4.42% .
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 Lyko Group

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

Lyko Group 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 Lyko Group stock to make a market-neutral strategy. Peer analysis of Lyko Group could also be used in its relative valuation, which is a method of valuing Lyko Group by comparing valuation metrics with similar companies.
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Lyko Group A 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 Lyko Group'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 Lyko Group's current price.

Lyko Group Market Strength Events

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

Lyko Group Risk Indicators

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Lyko Stock

Lyko Group financial ratios help investors to determine whether Lyko Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lyko with respect to the benefits of owning Lyko Group security.