Lamar Advertising Stock Technical Analysis

LAMR Stock  USD 111.44  0.72  0.65%   
As of the 19th of April, Lamar Advertising secures the Downside Deviation of 1.52, mean deviation of 1.08, and Risk Adjusted Performance of 0.0465. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lamar Advertising, 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 past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Lamar Advertising, which can be compared to its peers in the industry. Please verify Lamar Advertising coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Lamar Advertising is priced some-what accurately, providing market reflects its recent price of 111.44 per share. Given that Lamar Advertising has jensen alpha of (0.01), we recommend you to check Lamar Advertising's last-minute market performance to make sure the company can sustain itself at a future point.

Lamar Advertising Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lamar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Lamar
  
Lamar Advertising's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Lamar Advertising Analyst Consensus

Target PriceAdvice# of Analysts
99.0Buy4Odds
Lamar Advertising current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lamar 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 Lamar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lamar Advertising, talking to its executives and customers, or listening to Lamar conference calls.
Lamar Analyst Advice Details
Lamar Advertising 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.
A focus of Lamar Advertising technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lamar Advertising trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Lamar Advertising Technical Analysis

Indicator
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Execute Indicator
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 Lamar Advertising volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lamar Advertising Trend Analysis

Use this graph to draw trend lines for Lamar Advertising. You can use it to identify possible trend reversals for Lamar Advertising 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 Lamar Advertising price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Lamar Advertising Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lamar Advertising applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Lamar Advertising will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1764.5, which is the sum of squared deviations for the predicted Lamar Advertising price change compared to its average price change.

About Lamar Advertising 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 Lamar Advertising 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 Lamar Advertising based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lamar Advertising price pattern first instead of the macroeconomic environment surrounding Lamar Advertising. By analyzing Lamar Advertising'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 Lamar Advertising'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 Lamar Advertising specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0330.04710.0495
Price To Sales Ratio6.865.135.86

Lamar Advertising April 19, 2024 Technical Indicators

Most technical analysis of Lamar 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 Lamar from various momentum indicators to cycle indicators. When you analyze Lamar 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.

Lamar Advertising April 19, 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 Lamar 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.
When determining whether Lamar Advertising is a strong investment it is important to analyze Lamar Advertising's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lamar Advertising's future performance. For an informed investment choice regarding Lamar Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamar Advertising. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.
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Is Lamar Advertising'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 Lamar Advertising. If investors know Lamar 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 Lamar Advertising 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
1.249
Dividend Share
5
Earnings Share
4.85
Revenue Per Share
20.748
Quarterly Revenue Growth
0.039
The market value of Lamar Advertising is measured differently than its book value, which is the value of Lamar that is recorded on the company's balance sheet. Investors also form their own opinion of Lamar Advertising's value that differs from its market value or its book value, called intrinsic value, which is Lamar Advertising'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 Lamar Advertising's market value can be influenced by many factors that don't directly affect Lamar Advertising'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 Lamar Advertising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lamar Advertising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lamar Advertising'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.