LILLY Forecast - Daily Balance Of Power

532457AZ1   104.33  1.73  1.69%   
LILLY Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LILLY stock prices and determine the direction of LILLY ELI 55's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LILLY's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 18, 2024 LILLY ELI 55 had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of LILLY ELI 55 market sensitivity to bulls and bears. It estimates the ability of LILLY buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring LILLY Balance of Power indicator one can determine a trend of the price direction.
Check LILLY VolatilityBacktest LILLYTrend Details  

LILLY Trading Date Momentum

On June 20 2024 LILLY ELI 55 was traded for  101.96  at the closing time. The highest price during the trading period was 101.96  and the lowest recorded bid was listed for  101.96 . There was no trading activity during the period 1.0. Lack of trading volume on June 20, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.03% . The trading delta at closing time to the current price is 0.89% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare LILLY to competition

Other Forecasting Options for LILLY

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

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

LILLY ELI 55 Technical and Predictive Analytics

The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of LILLY'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 LILLY's current price.

LILLY Market Strength Events

Market strength indicators help investors to evaluate how LILLY bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LILLY shares will generate the highest return on investment. By undertsting and applying LILLY bond market strength indicators, traders can identify LILLY ELI 55 entry and exit signals to maximize returns.

LILLY Risk Indicators

The analysis of LILLY'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 LILLY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lilly bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of LILLY ELI 55 bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
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 LILLY Bond

LILLY financial ratios help investors to determine whether LILLY Bond 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 LILLY with respect to the benefits of owning LILLY security.