Eli Lilly Stock Forecast - Daily Balance Of Power
| LLY Stock | MXN 16,063 5.95 0.04% |
Eli Stock Forecast is based on your current time horizon.
Eli |
| Check Eli Lilly Volatility | Backtest Eli Lilly | Trend Details |
Eli Lilly Trading Date Momentum
| On June 26 2023 Eli Lilly and was traded for 7,693 at the closing time. The maximum traded price for the trading interval was 7,693 and the lowest daily price was 7,693 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of June 2023 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Eli Lilly
For every potential investor in Eli, whether a beginner or expert, Eli Lilly's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eli Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eli. Basic forecasting techniques help filter out the noise by identifying Eli Lilly's price trends.Eli Lilly 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 Eli Lilly stock to make a market-neutral strategy. Peer analysis of Eli Lilly could also be used in its relative valuation, which is a method of valuing Eli Lilly by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eli Lilly 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 Eli Lilly'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 Eli Lilly's current price.| Cycle Indicators | ||
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Eli Lilly Market Strength Events
Market strength indicators help investors to evaluate how Eli Lilly stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eli Lilly shares will generate the highest return on investment. By undertsting and applying Eli Lilly stock market strength indicators, traders can identify Eli Lilly and entry and exit signals to maximize returns.
Eli Lilly Risk Indicators
The analysis of Eli Lilly'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 Eli Lilly's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eli 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 | 1.63 | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.9 |
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.Additional Tools for Eli Stock Analysis
When running Eli Lilly's price analysis, check to measure Eli Lilly'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 Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.