Ll Flooring Holdings Stock Technical Analysis
LL Stock | USD 1.83 0.03 1.67% |
As of the 28th of March, LL Flooring owns the Information Ratio of (0.37), mean deviation of 2.55, and Market Risk Adjusted Performance of (0.55). In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of LL Flooring Holdings, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for LL Flooring, which can be compared to its peers in the sector. Please verify LL Flooring Holdings market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if LL Flooring Holdings is priced some-what accurately, providing market reflects its prevailing price of 1.83 per share. Please also check out LL Flooring jensen alpha, which is currently at (1.37) to check the company can sustain itself sooner or later.
LL Flooring Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LL Flooring, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LL FlooringLL Flooring |
LL Flooring Analyst Consensus
Target Price | Advice | # of Analysts | |
2.0 | Strong Sell | 1 | Odds |
Most LL Flooring 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 LL Flooring stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LL Flooring Holdings, talking to its executives and customers, or listening to LL Flooring conference calls.
LL Flooring 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.
LL Flooring Holdings Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 LL Flooring Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
LL Flooring Holdings Trend Analysis
Use this graph to draw trend lines for LL Flooring Holdings. You can use it to identify possible trend reversals for LL Flooring 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 LL Flooring price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.LL Flooring Best Fit Change Line
The following chart estimates an ordinary least squares regression model for LL Flooring Holdings applied against its price change over selected period. The best fit line has a slop of 0.03 , which may indicate that the price for LL Flooring Holdings will continue to decline. It has 122 observation points and a regression sum of squares at 35.53, which is the sum of squared deviations for the predicted LL Flooring price change compared to its average price change.About LL Flooring 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 LL Flooring Holdings 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 LL Flooring Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LL Flooring Holdings price pattern first instead of the macroeconomic environment surrounding LL Flooring Holdings. By analyzing LL Flooring'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 LL Flooring'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 LL Flooring specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Operating Cycle | 164.41 | 108.3 | Dividend Yield | 1.6E-5 | 1.4E-5 |
LL Flooring March 28, 2024 Technical Indicators
Most technical analysis of LL Flooring 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 LL Flooring from various momentum indicators to cycle indicators. When you analyze LL Flooring 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 | (0.17) | |||
Market Risk Adjusted Performance | (0.55) | |||
Mean Deviation | 2.55 | |||
Coefficient Of Variation | (305.96) | |||
Standard Deviation | 3.41 | |||
Variance | 11.64 | |||
Information Ratio | (0.37) | |||
Jensen Alpha | (1.37) | |||
Total Risk Alpha | (1.89) | |||
Treynor Ratio | (0.56) | |||
Maximum Drawdown | 16.26 | |||
Value At Risk | (5.73) | |||
Potential Upside | 6.31 | |||
Skewness | 0.6836 | |||
Kurtosis | 1.64 |
LL Flooring March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as LL Flooring stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 8,935 | ||
Daily Balance Of Power | 0.43 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 1.83 | ||
Day Typical Price | 1.83 | ||
Price Action Indicator | 0.02 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LL Flooring Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for LL Flooring Stock analysis
When running LL Flooring's price analysis, check to measure LL Flooring'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 LL Flooring is operating at the current time. Most of LL Flooring's value examination focuses on studying past and present price action to predict the probability of LL Flooring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LL Flooring's price. Additionally, you may evaluate how the addition of LL Flooring to your portfolios can decrease your overall portfolio volatility.
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Is LL Flooring's industry 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 LL Flooring. If investors know LL Flooring 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 LL Flooring listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share (3.59) | Revenue Per Share 31.408 | Quarterly Revenue Growth (0.20) | Return On Assets (0.09) |
The market value of LL Flooring Holdings is measured differently than its book value, which is the value of LL Flooring that is recorded on the company's balance sheet. Investors also form their own opinion of LL Flooring's value that differs from its market value or its book value, called intrinsic value, which is LL Flooring'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 LL Flooring's market value can be influenced by many factors that don't directly affect LL Flooring'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 LL Flooring's value and its price as these two are different measures arrived at by different means. Investors typically determine if LL Flooring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LL Flooring'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.