Lundin Stock Technical Analysis

LUNMF
 Stock
  

USD 5.30  0.02  0.38%   

As of the 7th of August, Lundin Mng secures the mean deviation of 2.28, and Risk Adjusted Performance of (0.22). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lundin Mng 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 have collected data for nineteen technical drivers for Lundin Mng, which can be compared to its peers in the industry. Please verify Lundin Mng Corp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Lundin Mng Corp is priced some-what accurately, providing market reflects its recent price of 5.3 per share. Given that Lundin Mng Corp has jensen alpha of (1.00), we recommend you to check Lundin Mng's last-minute market performance to make sure the company can sustain itself at a future point.
  

Lundin Mng Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lundin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Lundin
Lundin Mng's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Lundin Mng 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.
A focus of Lundin Mng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lundin Mng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Lundin Mng Corp Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixteen. The True Range is a measure of Lundin Mng Corp volatility developed by Welles Wilder.
.

Lundin Mng Corp Trend Analysis

Use this graph to draw trend lines for Lundin Mng Corp. You can use it to identify possible trend reversals for Lundin Mng 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 Lundin Mng price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Lundin Mng Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lundin Mng Corp applied against its price change over selected period. The best fit line has a slop of   -0.04  , which may suggest that Lundin Mng Corp market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1.36, which is the sum of squared deviations for the predicted Lundin Mng price change compared to its average price change.

About Lundin Mng 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 Lundin Mng 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 Lundin Mng Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lundin Mng Corp stock first instead of the macroeconomic environment surrounding Lundin Mng Corp. By analyzing Lundin Mng'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 Lundin Mng'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 Lundin Mng specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2021 (projected)
null0.420.38
null0.580.52

Lundin Mng August 7, 2022 Technical Indicators

Most technical analysis of Lundin 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 Lundin from various momentum indicators to cycle indicators. When you analyze Lundin 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.
Additionally, see Stocks Correlation. Note that the Lundin Mng Corp information on this page should be used as a complementary analysis to other Lundin Mng'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Lundin Stock analysis

When running Lundin Mng Corp price analysis, check to measure Lundin Mng'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 Lundin Mng is operating at the current time. Most of Lundin Mng's value examination focuses on studying past and present price action to predict the probability of Lundin Mng's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lundin Mng's price. Additionally, you may evaluate how the addition of Lundin Mng to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Is Lundin Mng'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 Lundin Mng. If investors know Lundin 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 Lundin Mng 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
1.6
Market Capitalization
4.1 B
Quarterly Revenue Growth YOY
-0.32
Return On Assets
0.091
Return On Equity
0.15
The market value of Lundin Mng Corp is measured differently than its book value, which is the value of Lundin that is recorded on the company's balance sheet. Investors also form their own opinion of Lundin Mng's value that differs from its market value or its book value, called intrinsic value, which is Lundin Mng'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 Lundin Mng's market value can be influenced by many factors that don't directly affect Lundin Mng'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 Lundin Mng's value and its price as these two are different measures arrived at by different means. Investors typically determine Lundin Mng value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lundin Mng'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.