Locafy Stock Forecast - Rate Of Daily Change
| LCFYW Stock | USD 4.20 0.70 20.00% |
Locafy Stock Forecast is based on your current time horizon.
Locafy |
Most investors in Locafy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Locafy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Locafy's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Locafy.| Check Locafy Volatility | Backtest Locafy | Information Ratio |
Locafy Trading Date Momentum
| On June 12 2024 Locafy Limited was traded for 4.20 at the closing time. The highest daily price throughout the period was 4.20 and the lowest price was 3.46 . The daily volume was 3 K. The net trading volume on 06/12/2024 did not cause price change. The trading delta at closing time to current closing price is 13.81% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Locafy to competition |
Other Forecasting Options for Locafy
For every potential investor in Locafy, whether a beginner or expert, Locafy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Locafy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Locafy. Basic forecasting techniques help filter out the noise by identifying Locafy's price trends.Locafy 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 Locafy stock to make a market-neutral strategy. Peer analysis of Locafy could also be used in its relative valuation, which is a method of valuing Locafy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Locafy Limited 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 Locafy'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 Locafy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Locafy Market Strength Events
Market strength indicators help investors to evaluate how Locafy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Locafy shares will generate the highest return on investment. By undertsting and applying Locafy stock market strength indicators, traders can identify Locafy Limited entry and exit signals to maximize returns.
Locafy Risk Indicators
The analysis of Locafy'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 Locafy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting locafy 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 | 7.89 | |||
| Semi Deviation | 9.77 | |||
| Standard Deviation | 12.41 | |||
| Variance | 153.91 | |||
| Downside Variance | 303.28 | |||
| Semi Variance | 95.43 | |||
| Expected Short fall | (12.33) |
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.
Also Currently Popular
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 Locafy Stock Analysis
When running Locafy's price analysis, check to measure Locafy'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 Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.