Long Giang Stock Forecast - Period Momentum Indicator

LGL Stock   2,630  170.00  6.91%   
Long Stock Forecast is based on your current time horizon.
  
Long Giang Investment has current Period Momentum Indicator of 170.0. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Long Giang Trading Date Momentum

On December 29 2024 Long Giang Investment was traded for  2,630  at the closing time. The maximum traded price for the trading interval was 2,810  and the lowest daily price was  2,610 . There was no trading activity during the period 0.0. Lack of trading volume on 29th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 6.84% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Long Giang

For every potential investor in Long, whether a beginner or expert, Long Giang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Long Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Long. Basic forecasting techniques help filter out the noise by identifying Long Giang's price trends.

Long Giang 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 Long Giang stock to make a market-neutral strategy. Peer analysis of Long Giang could also be used in its relative valuation, which is a method of valuing Long Giang by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Long Giang Investment 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 Long Giang's 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 Long Giang's current price.

Long Giang Market Strength Events

Market strength indicators help investors to evaluate how Long Giang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Long Giang shares will generate the highest return on investment. By undertsting and applying Long Giang stock market strength indicators, traders can identify Long Giang Investment entry and exit signals to maximize returns.

Long Giang Risk Indicators

The analysis of Long Giang's 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 Long Giang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting long 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.
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.

Pair Trading with Long Giang

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

Moving together with Long Stock

  0.61ADS Damsan JSCPairCorr
  0.69AAA An Phat PlasticPairCorr
  0.61AME Alphanam MEPairCorr

Moving against Long Stock

  0.51BCF Bich Chi FoodPairCorr
  0.4ICT Telecoms Informatics JSCPairCorr
  0.35ELC Elcom Technology ComPairCorr
The ability to find closely correlated positions to Long Giang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Long Giang 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 Long Giang - 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 Long Giang Investment to buy it.
The correlation of Long Giang 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 Long Giang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Long Giang Investment 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 Long Giang 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

Other Information on Investing in Long Stock

Long Giang financial ratios help investors to determine whether Long Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Long with respect to the benefits of owning Long Giang security.