La Z Stock Forecast - Accumulation Distribution
| LZB Stock | USD 33.41 0.30 0.91% |
LZB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast La Z stock prices and determine the direction of La Z Boy Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of La Z's historical fundamentals, such as revenue growth or operating cash flow patterns. Although La Z's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of La Z's systematic risk associated with finding meaningful patterns of La Z fundamentals over time.
Check out Historical Fundamental Analysis of La Z to cross-verify your projections. LZB |
Open Interest Against 2024-05-17 LZB Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast La Z's 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 La Z's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for La Z 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 La Z's open interest, investors have to compare it to La Z's 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 La Z 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 LZB. 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 La Z 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 La Z's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets La Z's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which La Z is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of La Z Boy Incorporated to determine if accumulation or reduction is taking place in the market. This value is adjusted by La Z trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 6192.54 | 14399.35 |
| Check La Z Volatility | Backtest La Z | Trend Details |
La Z Trading Date Momentum
| On January 24 2024 La Z Boy Incorporated was traded for 35.08 at the closing time. Highest La Z's price during the trading hours was 35.79 and the lowest price during the day was 34.98 . The net volume was 234.5 K. The overall trading history on the 24th of January contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.26% . The trading delta at closing time to current price is 2.36% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare La Z to competition |
Other Forecasting Options for La Z
For every potential investor in LZB, whether a beginner or expert, La Z's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LZB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LZB. Basic forecasting techniques help filter out the noise by identifying La Z's price trends.La Z 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 La Z stock to make a market-neutral strategy. Peer analysis of La Z could also be used in its relative valuation, which is a method of valuing La Z by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
La Z Boy 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 La Z'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 La Z's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
La Z Market Strength Events
Market strength indicators help investors to evaluate how La Z stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading La Z shares will generate the highest return on investment. By undertsting and applying La Z stock market strength indicators, traders can identify La Z Boy Incorporated entry and exit signals to maximize returns.
La Z Risk Indicators
The analysis of La Z'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 La Z's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lzb 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 | 1.47 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of La Z to cross-verify your projections. Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for LZB Stock analysis
When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Is La Z'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 La Z. If investors know LZB 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 La Z 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 (0.10) | Dividend Share 0.745 | Earnings Share 2.7 | Revenue Per Share 47.71 | Quarterly Revenue Growth (0.13) |
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.