LyondellBasell Industries Stock Forecast - Period Momentum Indicator
| LYB Stock | USD 99.42 2.12 2.18% |
LyondellBasell Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LyondellBasell Industries stock prices and determine the direction of LyondellBasell Industries NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LyondellBasell Industries' historical fundamentals, such as revenue growth or operating cash flow patterns. Although LyondellBasell Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LyondellBasell Industries' systematic risk associated with finding meaningful patterns of LyondellBasell Industries fundamentals over time.
Check out Historical Fundamental Analysis of LyondellBasell Industries to cross-verify your projections. LyondellBasell |
Open Interest Against 2024-06-21 LyondellBasell Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast LyondellBasell Industries' 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 LyondellBasell Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for LyondellBasell Industries 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 LyondellBasell Industries' open interest, investors have to compare it to LyondellBasell Industries' 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 LyondellBasell Industries 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 LyondellBasell. 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 LyondellBasell Industries 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 LyondellBasell Industries' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets LyondellBasell Industries' price structures and extracts relationships that further increase the generated results' accuracy.
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.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| 0.48 | (1.24) |
| Check LyondellBasell Industries Volatility | Backtest LyondellBasell Industries | Trend Details |
LyondellBasell Industries Trading Date Momentum
| On March 12 2024 LyondellBasell Industries NV was traded for 100.53 at the closing time. Highest LyondellBasell Industries's price during the trading hours was 101.28 and the lowest price during the day was 100.52 . The net volume was 2.6 M. The overall trading history on the 12th of March 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.13% . The trading delta at closing time to current price is 0.29% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare LyondellBasell Industries to competition |
Other Forecasting Options for LyondellBasell Industries
For every potential investor in LyondellBasell, whether a beginner or expert, LyondellBasell Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LyondellBasell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LyondellBasell. Basic forecasting techniques help filter out the noise by identifying LyondellBasell Industries' price trends.LyondellBasell Industries 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 LyondellBasell Industries stock to make a market-neutral strategy. Peer analysis of LyondellBasell Industries could also be used in its relative valuation, which is a method of valuing LyondellBasell Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LyondellBasell Industries 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 LyondellBasell Industries' 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 LyondellBasell Industries' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LyondellBasell Industries Market Strength Events
Market strength indicators help investors to evaluate how LyondellBasell Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LyondellBasell Industries shares will generate the highest return on investment. By undertsting and applying LyondellBasell Industries stock market strength indicators, traders can identify LyondellBasell Industries NV entry and exit signals to maximize returns.
LyondellBasell Industries Risk Indicators
The analysis of LyondellBasell Industries' 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 LyondellBasell Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lyondellbasell 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 | 0.8838 | |||
| Semi Deviation | 0.9016 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 | |||
| Downside Variance | 0.8715 | |||
| Semi Variance | 0.8129 | |||
| Expected Short fall | (1.11) |
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.When determining whether LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:Check out Historical Fundamental Analysis of LyondellBasell Industries to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for LyondellBasell Stock analysis
When running LyondellBasell Industries' price analysis, check to measure LyondellBasell Industries' 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 LyondellBasell Industries is operating at the current time. Most of LyondellBasell Industries' value examination focuses on studying past and present price action to predict the probability of LyondellBasell Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LyondellBasell Industries' price. Additionally, you may evaluate how the addition of LyondellBasell Industries to your portfolios can decrease your overall portfolio volatility.
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Is LyondellBasell Industries' 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 LyondellBasell Industries. If investors know LyondellBasell 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 LyondellBasell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 5 | Earnings Share 6.48 | Revenue Per Share 125.589 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0562 |
The market value of LyondellBasell Industries is measured differently than its book value, which is the value of LyondellBasell that is recorded on the company's balance sheet. Investors also form their own opinion of LyondellBasell Industries' value that differs from its market value or its book value, called intrinsic value, which is LyondellBasell Industries' 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 LyondellBasell Industries' market value can be influenced by many factors that don't directly affect LyondellBasell Industries' 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 LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell Industries' 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.