Lam Research Corp Stock Technical Analysis
LRCX Stock | USD 965.67 1.56 0.16% |
As of the 28th of March, Lam Research secures the Risk Adjusted Performance of 0.1019, downside deviation of 1.68, and Mean Deviation of 1.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lam Research Corp, 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 break down nineteen technical drivers for Lam Research, which can be compared to its peers in the industry. Please verify Lam Research Corp coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Lam Research Corp is priced some-what accurately, providing market reflects its recent price of 965.67 per share. Given that Lam Research Corp has jensen alpha of 0.1332, we recommend you to check Lam Research's last-minute market performance to make sure the company can sustain itself at a future point.
Lam Research Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LamLam |
Lam Research Analyst Consensus
Target Price | Advice | # of Analysts | |
643.17 | Buy | 32 | Odds |
Most Lam analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Lam stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lam Research Corp, talking to its executives and customers, or listening to Lam conference calls.
Lam Research 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.
Lam Research Corp 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 Lam Research Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lam Research Corp Trend Analysis
Use this graph to draw trend lines for Lam Research Corp. You can use it to identify possible trend reversals for Lam Research 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 Lam Research price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lam Research Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lam Research Corp applied against its price change over selected period. The best fit line has a slop of 4.18 , which means Lam Research Corp will continue producing value for investors. It has 122 observation points and a regression sum of squares at 660450.92, which is the sum of squared deviations for the predicted Lam Research price change compared to its average price change.About Lam Research 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 Lam Research Corp 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 Lam Research Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lam Research Corp price pattern first instead of the macroeconomic environment surrounding Lam Research Corp. By analyzing Lam Research'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 Lam Research'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 Lam Research specific price patterns or momentum indicators. Please read more on our technical analysis page.
2012 | 2018 | 2023 | 2024 (projected) | Price Earnings Ratio | 12.98 | 18.63 | 13.31 | 13.98 | Short Term Coverage Ratios | 4.35 | 619.64 | 4.76 | 4.52 |
Lam Research March 28, 2024 Technical Indicators
Most technical analysis of Lam 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 Lam from various momentum indicators to cycle indicators. When you analyze Lam 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 | 0.1019 | |||
Market Risk Adjusted Performance | 0.2126 | |||
Mean Deviation | 1.63 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.68 | |||
Coefficient Of Variation | 587.36 | |||
Standard Deviation | 2.08 | |||
Variance | 4.34 | |||
Information Ratio | 0.1058 | |||
Jensen Alpha | 0.1332 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | 0.1309 | |||
Treynor Ratio | 0.2026 | |||
Maximum Drawdown | 9.28 | |||
Value At Risk | (2.76) | |||
Potential Upside | 4.61 | |||
Downside Variance | 2.83 | |||
Semi Variance | 2.15 | |||
Expected Short fall | (2.02) | |||
Skewness | 0.3735 | |||
Kurtosis | 0.2272 |
Lam Research March 28, 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 Lam 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 | 12,500 | ||
Daily Balance Of Power | (0.08) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 965.14 | ||
Day Typical Price | 965.32 | ||
Price Action Indicator | (0.25) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Lam Research Corp information on this page should be used as a complementary analysis to other Lam Research'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Lam Stock analysis
When running Lam Research's price analysis, check to measure Lam Research'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 Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.
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Is Lam Research'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 Lam Research. If investors know Lam 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 Lam Research 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 (0.33) | Dividend Share 7.45 | Earnings Share 25.92 | Revenue Per Share 107.407 | Quarterly Revenue Growth (0.29) |
The market value of Lam Research Corp is measured differently than its book value, which is the value of Lam that is recorded on the company's balance sheet. Investors also form their own opinion of Lam Research's value that differs from its market value or its book value, called intrinsic value, which is Lam Research'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 Lam Research's market value can be influenced by many factors that don't directly affect Lam Research'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 Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research'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.