Luna Innovations Stock Momentum Indicators Stochastic Relative Strength Index

LUNA
 Stock
  

USD 6.46  0.11  1.73%   

Luna Innovations momentum indicators tool provides the execution environment for running the Stochastic Relative Strength Index indicator and other technical functions against Luna Innovations. Luna Innovations value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Stochastic Relative Strength Index indicator function is designed to identify and follow existing trends. Momentum indicators of Luna Innovations are pattern recognition functions that provide distinct formation on Luna Innovations potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify the following input to run this model: Time Period, Fast-K Period, Fast-D Period, and Fast-D MA.

The output start index for this execution was eighteen with a total number of output elements of fourty-three. The Stochastic Relative Strength Index compares Luna Innovations closing price in relationship to its price range over a given period of time. When the Luna Innovations SRSI reaches up above the upper threshold line, the equity is considered overbought with anticipation a reversal of Luna Innovations trend.
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Luna Innovations Technical Analysis Modules

Most technical analysis of Luna Innovations 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 Luna Innovations from various momentum indicators to cycle indicators. When you analyze Luna Innovations charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Luna Innovations Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luna Innovations. We use our internally-developed statistical techniques to arrive at the intrinsic value of Luna Innovations based on widely used predictive technical indicators. In general, we focus on analyzing Luna Innovations Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Luna Innovations's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Luna Innovations's intrinsic value. In addition to deriving basic predictive indicators for Luna Innovations, we also check how macroeconomic factors affect Luna Innovations price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.220.140.15
Interest Coverage208.78202.57168.5
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Luna Innovations' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Luna Innovations in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.886.4410.00
Details
Intrinsic
Valuation
LowReal ValueHigh
4.638.1911.75
Details
Naive
Forecast
LowNext ValueHigh
2.966.5210.08
Details
2 Analysts
Consensus
LowTarget PriceHigh
9.0010.5012.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Luna Innovations. Your research has to be compared to or analyzed against Luna Innovations' peers to derive any actionable benefits. When done correctly, Luna Innovations' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Luna Innovations.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Volatility Analysis

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Luna Innovations pair trading

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 Luna Innovations 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 Luna Innovations will appreciate offsetting losses from the drop in the long position's value.

Luna Innovations Pair Trading

Luna Innovations Pair Trading Analysis

The ability to find closely correlated positions to Luna Innovations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luna Innovations 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 Luna Innovations - 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 Luna Innovations to buy it.
The correlation of Luna Innovations is a statistical measure of how it moves in relation to other equities. 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 Luna Innovations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luna Innovations 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 Luna Innovations 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
Additionally, see Correlation Analysis. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for analysis

When running Luna Innovations price analysis, check to measure Luna Innovations' 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 Luna Innovations is operating at the current time. Most of Luna Innovations' value examination focuses on studying past and present price action to predict the probability of Luna Innovations' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Luna Innovations' price. Additionally, you may evaluate how the addition of Luna Innovations to your portfolios can decrease your overall portfolio volatility.
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Is Luna Innovations' 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 Luna Innovations. If investors know Luna Innovations 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 Luna Innovations 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 YOY
1.77
Market Capitalization
212.9 M
Quarterly Revenue Growth YOY
0.43
Return On Assets
(0.0105) 
Return On Equity
(0.0197) 
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna Innovations that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' 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 Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine Luna Innovations value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.