Limoneira Co Stock Overlap Studies Bollinger Bands

LMNR Stock  USD 26.54  0.16  0.60%   
Limoneira overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Limoneira. Limoneira value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Limoneira overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Limoneira middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Limoneira. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Limoneira Technical Analysis Modules

Most technical analysis of Limoneira help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Limoneira from various momentum indicators to cycle indicators. When you analyze Limoneira charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Limoneira Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Limoneira Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Limoneira Co based on widely used predictive technical indicators. In general, we focus on analyzing Limoneira Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Limoneira's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Limoneira's intrinsic value. In addition to deriving basic predictive indicators for Limoneira, we also check how macroeconomic factors affect Limoneira price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02780.02340.0210.0113
Price To Sales Ratio1.131.41.613.11
Hype
Prediction
LowEstimatedHigh
24.3426.4228.50
Details
Intrinsic
Valuation
LowRealHigh
22.3324.4129.19
Details
Naive
Forecast
LowNextHigh
23.6825.7627.84
Details
3 Analysts
Consensus
LowTargetHigh
18.3820.2022.42
Details

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Limoneira pair trading

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

Limoneira Pair Trading

Limoneira Co Pair Trading Analysis

The ability to find closely correlated positions to Limoneira could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Limoneira 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 Limoneira - 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 Limoneira Co to buy it.
The correlation of Limoneira 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 Limoneira moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Limoneira 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 Limoneira 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

Additional Tools for Limoneira Stock Analysis

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