Life Banc Stock Forecast - Price Action Indicator

LBS Stock  CAD 9.64  0.06  0.62%   
Life Stock Forecast is based on your current time horizon. Although Life Banc's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Life Banc's systematic risk associated with finding meaningful patterns of Life Banc fundamentals over time.
  
At this time, Life Banc's Receivables Turnover is very stable compared to the past year. As of the 29th of November 2024, Asset Turnover is likely to grow to 0.13, while Inventory Turnover is likely to drop (95.35). . As of the 29th of November 2024, Common Stock Shares Outstanding is likely to drop to about 21.3 M. In addition to that, Net Loss is likely to grow to about (55 M).
Life Banc Split has current Price Action Indicator of (0.01). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Life Banc VolatilityBacktest Life BancInformation Ratio  

Life Banc Trading Date Momentum

On November 29 2024 Life Banc Split was traded for  9.64  at the closing time. The maximum traded price for the trading interval was 9.68  and the lowest daily price was  9.56 . The daily volume was recorded at 63.8 K. The volume of trading on 29th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.52% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Life Banc to competition

Other Forecasting Options for Life Banc

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

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

Life Banc Split 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 Life Banc'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 Life Banc's current price.

Life Banc Market Strength Events

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

Life Banc Risk Indicators

The analysis of Life Banc'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 Life Banc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting life 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.

Pair Trading with Life Banc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Life Banc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Life Banc will appreciate offsetting losses from the drop in the long position's value.

Moving against Life Stock

  0.86AEMC Alaska Energy MetalsPairCorr
  0.79EOG Eco Atlantic OilPairCorr
  0.61CMC Cielo Waste SolutionsPairCorr
The ability to find closely correlated positions to Life Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life Banc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Life Banc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Life Banc Split to buy it.
The correlation of Life Banc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Life Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Life Banc Split moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Life Banc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Life Stock

Life Banc financial ratios help investors to determine whether Life 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 Life with respect to the benefits of owning Life Banc security.