LOreal SA Stock Forecast - Period Momentum Indicator

OR Stock  EUR 450.90  10.45  2.37%   
LOreal Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LOreal SA stock prices and determine the direction of LOreal SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LOreal SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On May 6, 2024 LOreal SA had Period Momentum Indicator of 7.9.
Most investors in LOreal SA 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 LOreal SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets LOreal SA's 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.
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LOreal SA Trading Date Momentum

On May 07 2024 LOreal SA was traded for  444.90  at the closing time. The highest daily price throughout the period was 445.90  and the lowest price was  438.80 . The daily volume was 204.1 K. The net trading volume on 05/07/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.43% . The trading delta at closing time to current closing price is 2.20% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for LOreal SA

For every potential investor in LOreal, whether a beginner or expert, LOreal SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LOreal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LOreal. Basic forecasting techniques help filter out the noise by identifying LOreal SA's price trends.

LOreal SA 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 LOreal SA stock to make a market-neutral strategy. Peer analysis of LOreal SA could also be used in its relative valuation, which is a method of valuing LOreal SA by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

LOreal SA 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 LOreal SA'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 LOreal SA's current price.

LOreal SA Market Strength Events

Market strength indicators help investors to evaluate how LOreal SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LOreal SA shares will generate the highest return on investment. By undertsting and applying LOreal SA stock market strength indicators, traders can identify LOreal SA entry and exit signals to maximize returns.

LOreal SA Risk Indicators

The analysis of LOreal SA'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 LOreal SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting loreal 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.
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.

Other Information on Investing in LOreal Stock

LOreal SA financial ratios help investors to determine whether LOreal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LOreal with respect to the benefits of owning LOreal SA security.