Lexinfintech Holdings Stock Forecast - Day Typical Price
| LX Stock | USD 1.61 0.05 3.21% |
Lexinfintech Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lexinfintech Holdings stock prices and determine the direction of Lexinfintech Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lexinfintech Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Lexinfintech Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lexinfintech Holdings' systematic risk associated with finding meaningful patterns of Lexinfintech Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Lexinfintech Holdings to cross-verify your projections. Lexinfintech |
Open Interest Against 2024-04-19 Lexinfintech Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Lexinfintech Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Lexinfintech Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Lexinfintech Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Lexinfintech Holdings' open interest, investors have to compare it to Lexinfintech Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Lexinfintech Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Lexinfintech. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Lexinfintech Holdings 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 Lexinfintech Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lexinfintech Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 1.59 | 1.61 |
| Check Lexinfintech Holdings Volatility | Backtest Lexinfintech Holdings | Information Ratio |
Lexinfintech Holdings Trading Date Momentum
| On April 18 2024 Lexinfintech Holdings was traded for 1.61 at the closing time. The highest price during the trading period was 1.62 and the lowest recorded bid was listed for 1.59 . The volume for the day was 543.2 K. This history from April 18, 2024 did not cause price change. The trading delta at closing time to the current price is 0.62% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Lexinfintech Holdings to competition |
Other Forecasting Options for Lexinfintech Holdings
For every potential investor in Lexinfintech, whether a beginner or expert, Lexinfintech Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lexinfintech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lexinfintech. Basic forecasting techniques help filter out the noise by identifying Lexinfintech Holdings' price trends.Lexinfintech 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 Lexinfintech Holdings stock to make a market-neutral strategy. Peer analysis of Lexinfintech Holdings could also be used in its relative valuation, which is a method of valuing Lexinfintech Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lexinfintech 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 Lexinfintech 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 Lexinfintech Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lexinfintech Holdings Market Strength Events
Market strength indicators help investors to evaluate how Lexinfintech 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 Lexinfintech Holdings shares will generate the highest return on investment. By undertsting and applying Lexinfintech Holdings stock market strength indicators, traders can identify Lexinfintech Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 10059.54 | |||
| Daily Balance Of Power | 1.666667 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 1.61 | |||
| Day Typical Price | 1.61 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.05 |
Lexinfintech Holdings Risk Indicators
The analysis of Lexinfintech 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 Lexinfintech Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lexinfintech 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 | 2.08 | |||
| Standard Deviation | 3.16 | |||
| Variance | 10.02 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lexinfintech Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lexinfintech Holdings' short interest history, or implied volatility extrapolated from Lexinfintech Holdings options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Lexinfintech Holdings to cross-verify your projections. For more information on how to buy Lexinfintech Stock please use our How to Invest in Lexinfintech Holdings guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Lexinfintech Stock analysis
When running Lexinfintech Holdings' price analysis, check to measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Lexinfintech Holdings' 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 Lexinfintech Holdings. If investors know Lexinfintech 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 Lexinfintech 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 (0.96) | Dividend Share 1.291 | Earnings Share 1.07 | Revenue Per Share 79.489 | Quarterly Revenue Growth 0.151 |
The market value of Lexinfintech Holdings is measured differently than its book value, which is the value of Lexinfintech that is recorded on the company's balance sheet. Investors also form their own opinion of Lexinfintech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lexinfintech 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 Lexinfintech Holdings' market value can be influenced by many factors that don't directly affect Lexinfintech 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 Lexinfintech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lexinfintech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lexinfintech 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.