Lassonde Industries Stock Technical Analysis
| LAS-A Stock | CAD 144.68 0.68 0.47% |
As of the 24th of April, Lassonde Industries secures the Mean Deviation of 1.08, risk adjusted performance of 0.0349, and Downside Deviation of 1.29. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lassonde Industries, 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 were able to analyze nineteen technical drivers for Lassonde Industries, which can be compared to its peers in the industry. Please verify Lassonde Industries maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Lassonde Industries is priced some-what accurately, providing market reflects its recent price of 144.68 per share.
Lassonde Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lassonde, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LassondeLassonde |
Lassonde Industries 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.
Lassonde Industries Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Lassonde Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lassonde Industries Trend Analysis
Use this graph to draw trend lines for Lassonde Industries. You can use it to identify possible trend reversals for Lassonde Industries 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 Lassonde Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lassonde Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lassonde Industries applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Lassonde Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 75.87, which is the sum of squared deviations for the predicted Lassonde Industries price change compared to its average price change.About Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lassonde Industries price pattern first instead of the macroeconomic environment surrounding Lassonde Industries. By analyzing Lassonde Industries'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 Lassonde Industries'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 Lassonde Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0209 | 0.0268 | 0.0157 | 0.0186 | Price To Sales Ratio | 0.58 | 0.36 | 0.41 | 0.53 |
Lassonde Industries April 24, 2024 Technical Indicators
Most technical analysis of Lassonde 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 Lassonde from various momentum indicators to cycle indicators. When you analyze Lassonde 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0349 | |||
| Market Risk Adjusted Performance | 0.1777 | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.2 | |||
| Downside Deviation | 1.29 | |||
| Coefficient Of Variation | 2155.31 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.43 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0307 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1677 | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 1.67 | |||
| Semi Variance | 1.45 | |||
| Expected Short fall | (1.30) | |||
| Skewness | 1.3 | |||
| Kurtosis | 4.6 |
Lassonde Industries April 24, 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 Lassonde 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.
| Accumulation Distribution | 26.64 | ||
| Daily Balance Of Power | 0.35 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 144.98 | ||
| Day Typical Price | 144.88 | ||
| Price Action Indicator | 0.05 | ||
| Market Facilitation Index | 0.001 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lassonde Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Lassonde Industries information on this page should be used as a complementary analysis to other Lassonde Industries' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Lassonde Stock analysis
When running Lassonde Industries' price analysis, check to measure Lassonde 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 Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.
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