Light Wonder Stock Technical Analysis
| LNW Stock | USD 96.42 2.01 2.13% |
As of the 25th of November, Light Wonder secures the Risk Adjusted Performance of (0.02), mean deviation of 1.56, and Standard Deviation of 3.07. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Light Wonder, as well as the relationship between them. Please verify Light Wonder coefficient of variation and value at risk to decide if Light Wonder is priced some-what accurately, providing market reflects its recent price of 96.42 per share. Given that Light Wonder has information ratio of (0.08), we recommend you to check Light Wonder's last-minute market performance to make sure the company can sustain itself at a future point.
Light Wonder Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Light, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LightLight |
Light Wonder Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 84.58 | Strong Buy | 18 | Odds |
Most Light analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Light stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Light Wonder, talking to its executives and customers, or listening to Light conference calls.
Light Wonder technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Light Wonder Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Light Wonder volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Light Wonder Trend Analysis
Use this graph to draw trend lines for Light Wonder. You can use it to identify possible trend reversals for Light Wonder as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Light Wonder price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Light Wonder Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Light Wonder applied against its price change over selected period. The best fit line has a slop of 0.24 , which may imply that the returns on investment in Light Wonder will continue to fail. It has 122 observation points and a regression sum of squares at 2139.39, which is the sum of squared deviations for the predicted Light Wonder price change compared to its average price change.About Light Wonder Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Light Wonder on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Light Wonder based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Light Wonder price pattern first instead of the macroeconomic environment surrounding Light Wonder. By analyzing Light Wonder's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Light Wonder's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Light Wonder specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.003119 | 0.002963 | Price To Sales Ratio | 2.57 | 2.7 |
Light Wonder November 25, 2024 Technical Indicators
Most technical analysis of Light 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 Light from various momentum indicators to cycle indicators. When you analyze Light charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.56 | |||
| Coefficient Of Variation | (2,503) | |||
| Standard Deviation | 3.07 | |||
| Variance | 9.39 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 22.15 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.45 | |||
| Skewness | (4.42) | |||
| Kurtosis | 25.81 |
Additional Tools for Light Stock Analysis
When running Light Wonder's price analysis, check to measure Light Wonder'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 Light Wonder is operating at the current time. Most of Light Wonder's value examination focuses on studying past and present price action to predict the probability of Light Wonder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Wonder's price. Additionally, you may evaluate how the addition of Light Wonder to your portfolios can decrease your overall portfolio volatility.