Lumentum Holdings Stock Forecast - Accumulation Distribution
| LITE Stock | USD 65.56 0.67 1.01% |
Lumentum Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lumentum Holdings stock prices and determine the direction of Lumentum Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lumentum Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Lumentum |
| Check Lumentum Holdings Volatility | Backtest Lumentum Holdings | Information Ratio |
Lumentum Holdings Trading Date Momentum
| On October 22 2024 Lumentum Holdings was traded for 65.56 at the closing time. The top price for the day was 65.56 and the lowest listed price was 65.56 . There was no trading activity during the period 0.0. Lack of trading volume on October 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.02% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Lumentum Holdings
For every potential investor in Lumentum, whether a beginner or expert, Lumentum Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lumentum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lumentum. Basic forecasting techniques help filter out the noise by identifying Lumentum Holdings' price trends.Lumentum Holdings 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 Lumentum Holdings stock to make a market-neutral strategy. Peer analysis of Lumentum Holdings could also be used in its relative valuation, which is a method of valuing Lumentum Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lumentum Holdings 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 Lumentum Holdings' 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 Lumentum Holdings' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Lumentum Holdings Market Strength Events
Market strength indicators help investors to evaluate how Lumentum Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lumentum Holdings shares will generate the highest return on investment. By undertsting and applying Lumentum Holdings stock market strength indicators, traders can identify Lumentum Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 65.56 | |||
| Day Typical Price | 65.56 | |||
| Price Action Indicator | (0.34) | |||
| Period Momentum Indicator | (0.67) | |||
| Relative Strength Index | 90.71 |
Lumentum Holdings Risk Indicators
The analysis of Lumentum Holdings' 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 Lumentum Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lumentum 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.
| Mean Deviation | 2.9 | |||
| Semi Deviation | 3.3 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.8 | |||
| Downside Variance | 12.62 | |||
| Semi Variance | 10.87 | |||
| Expected Short fall | (3.33) |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
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Check out Historical Fundamental Analysis of Lumentum Holdings to cross-verify your projections. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Communications Equipment 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 Lumentum Holdings. If investors know Lumentum 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 Lumentum Holdings 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 0.711 | Earnings Share (8.12) | Revenue Per Share 20.196 | Quarterly Revenue Growth (0.17) | Return On Assets (0.05) |
The market value of Lumentum Holdings is measured differently than its book value, which is the value of Lumentum that is recorded on the company's balance sheet. Investors also form their own opinion of Lumentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lumentum Holdings' 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 Lumentum Holdings' market value can be influenced by many factors that don't directly affect Lumentum Holdings' 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 Lumentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumentum Holdings' 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.