Luna Innovations Stock Forecast - Daily Balance Of Power

LUNA
 Stock
  

USD 6.76  0.35  5.46%   

Luna Innovations Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Luna Innovations historical stock prices and determine the direction of Luna Innovations's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Luna Innovations historical fundamentals such as revenue growth or operating cash flow patterns. Although Luna Innovations naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Luna Innovations systematic risk associated with finding meaningful patterns of Luna Innovations fundamentals over time.
Additionally, see Historical Fundamental Analysis of Luna Innovations to cross-verify your projections.
  
Luna Innovations PPandE Turnover is projected to increase significantly based on the last few years of reporting. The past year's PPandE Turnover was at 27.80. The current year Receivables Turnover is expected to grow to 4.42, whereas Accounts Payable Turnover is forecasted to decline to 20.56. . The current year Issuance Purchase of Equity Shares is expected to grow to about 3.2 M, whereas Weighted Average Shares is forecasted to decline to about 26 M.

Open Interest Agains t 2022-12-16 Luna Innovations Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Luna Innovations' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Luna Innovations' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Luna Innovations stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Luna Innovations' open interest, investors have to compare it to Luna Innovations' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Luna Innovations is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Luna Innovations. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Luna Innovations has current Daily Balance Of Power of 0.7955.
Most investors in Luna Innovations cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Luna Innovations' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Luna Innovations' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Luna Innovations market sensitivity to bulls and bears. It estimates the ability of Luna Innovations buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Luna Innovations Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
00.7955
Check Luna Innovations VolatilityBacktest Luna InnovationsInformation Ratio  

Luna Innovations Trading Date Momentum

On November 30 2022 Luna Innovations was traded for  6.76  at the closing time. The top price for the day was 6.76  and the lowest listed price was  6.32 . The trading volume for the day was 86.4 K. The trading history from November 30, 2022 did not cause price change. The trading delta at closing time against the current closing price is 4.59% .
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 Luna Innovations to competition

Other Forecasting Options for Luna Innovations

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

Luna Innovations 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 Luna Innovations stock to make a market-neutral strategy. Peer analysis of Luna Innovations could also be used in its relative valuation, which is a method of valuing Luna Innovations by comparing valuation metrics with similar companies.
Fortive CorpTeledyne TechnologiesGarminTrimble NavigationShimadzu CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings Corp
 Risk & Return  Correlation

Luna Innovations 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 Luna Innovations' 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 Luna Innovations' current price.

Luna Innovations Market Strength Events

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

Luna Innovations Risk Indicators

The analysis of Luna Innovations' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Luna Innovations' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Luna Innovations stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Luna Innovations without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Historical Fundamental Analysis of Luna Innovations to cross-verify your projections. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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
211.1 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.