Lightwave Logic Stock Pattern Recognition Shooting Star

LWLG Stock  USD 2.82  0.16  5.37%   
Lightwave Logic pattern recognition tool provides the execution environment for running the Shooting Star recognition and other technical functions against Lightwave Logic. Lightwave Logic 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 pattern recognition indicators. As with most other technical indicators, the Shooting Star recognition function is designed to identify and follow existing trends. Lightwave Logic momentum indicators are usually used to generate trading rules based on assumptions that Lightwave Logic trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Shooting Star pattern is one of reversal pattern that can predict Lightwave Logic falling future prices.

Lightwave Logic Technical Analysis Modules

Most technical analysis of Lightwave Logic 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 Lightwave from various momentum indicators to cycle indicators. When you analyze Lightwave 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 Lightwave Logic 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 Lightwave Logic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lightwave Logic based on widely used predictive technical indicators. In general, we focus on analyzing Lightwave Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lightwave Logic's daily price indicators and compare them against related drivers, such as pattern recognition 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 Lightwave Logic's intrinsic value. In addition to deriving basic predictive indicators for Lightwave Logic, we also check how macroeconomic factors affect Lightwave Logic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Days Sales Outstanding282.71251.3
PTB Ratio15.7814.99
Hype
Prediction
LowEstimatedHigh
0.152.968.46
Details
Intrinsic
Valuation
LowRealHigh
0.132.678.17
Details
Naive
Forecast
LowNextHigh
0.062.798.29
Details
0 Analysts
Consensus
LowTargetHigh
2.472.713.01
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Portfolio Analyzer

Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
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Lightwave Logic 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 Lightwave Logic 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 Lightwave Logic will appreciate offsetting losses from the drop in the long position's value.

Lightwave Logic Pair Trading

Lightwave Logic Pair Trading Analysis

The ability to find closely correlated positions to Lightwave Logic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lightwave Logic 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 Lightwave Logic - 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 Lightwave Logic to buy it.
The correlation of Lightwave Logic 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 Lightwave Logic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lightwave Logic 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 Lightwave Logic 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
When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lightwave Logic. If investors know Lightwave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
0.001
Return On Assets
(0.37)
Return On Equity
(0.64)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic'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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic'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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic'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.