[ad_1]
Laredo Petroleum (LPI) closed on Thursday at a final price of $ 5.37 after trading 10932991 shares. The average volume was noted at 5289.35K shares while its relative volume was seen at 2.07. The volume indicator is significant for screening stocks. The average volume (the typical volume observed during a day over a given period) helps a lot in this regard. Day traders must be able to enter and exit a stock quickly and easily. They therefore want to trade stocks with a high daily volume – usually 1 million shares at the absolute minimum. Traders and alternative investors have a little more room to maneuver and can therefore trade lower volume stocks, in the range of 500,000 to 100,000 shares or more per day, respectively. They always want stocks that have enough volume to go in and out when they need it, but the urgency is not as great as for short-term traders. The short stock ratio is 6.12. Laredo Petroleum is part of the Basic Materials sector and belongs to the Independent Oil & Gas industry. The recent session gave its stock a 0.19% advance at its lowest price in 52 weeks and a -57.04% drop from its 52-week high.
The 52-week range is a simple technical indicator that lists the highest and lowest price at which a security was sold in the previous 52 weeks (or one year). Investors, especially technical badysts, can use the 52-week range to determine whether the current price of a stock suggests buying, selling or doing nothing. Many value investors are looking for stocks close to their lowest level in 52 weeks, but this alone does not indicate whether an stock is undervalued. For example, a stock may approach its 52-week low in a price correction after revising profit forecasts for the next quarters. There is no guarantee that when stock prices reach their lowest level in 52 weeks, the stock will begin to trade higher – it may fall to an even lower level. However, since the 52 week range has little or no connection to current events or strengths Today, very few investors rely much on metrics. Instead, the 52-week range is usually used rather as a descriptive measure to describe what the stock has done and not what it's going to do.
Share price volatility has remained at 5.24% in recent months and reached 5.11% for the week. Historical statistical volatility is a measure of the movement of the share price over a period of time. While historical volatility may be indicative of future volatility, it may also differ materially from future volatility, depending on the price movements that have driven the price changes over the past period. The main information expected are more important factors of significant movements in the share price in the near future. The true average range (ATR) is also a measure of volatility currently stands at 0.33
The Laredo Oil Stock (LPI) is more volatile Stock with a beta of 1.43
Laredo's oil stock wakes up on a thin line between bull and bear tracks and, with several factors, he pulls toward the optimistic side to a certain extent, but some take it for the pessimistic side. Thus, the valuation of volatility is supposed to give an idea of the extent to which the stock will fall if the market dips slightly and how high the stock will increase if the bull starts to rise. For this relative risk measure, the API has a beta value of 1.43.
Once the concept of beta is understood, an investor can intuitively determine whether a given security has a high or low beta. For example, a blue chip company established in a mature sector with stable earnings will likely have a lower beta than a start-up biotechnology company.
The global market is awarded a beta of 1.0. Stocks that are volatile and fluctuate more than the overall market have a beta greater than 1, while stocks whose price fluctuates less than the market have a beta below 1.0. To identify the factors, it is always good to know who else owns the shares, the institutional owner includes mutual funds and pension funds are major players. They buy or sell in huge pieces. Whether an action is in their favor or not can have a significant effect on its price.
Laredo Petroleum (LPI) Stock Price Analysis:
This is a positive indicator of the value of the investor portfolio – when the price of a stock that the investor holds increases in value. On the other hand, this is not a negative indicator of the value of the investor's portfolio when the price of a stock that the investor holds decreases in value. After a brief overview of Laredo Petroleum's one-day performance, it was found that LPI had a -0.37% decline in the last trading session.
We are now going ahead to see the historical returns of Laredo Petroleum, a US-based stock. The stock currently shows a return down 11.24% over the last week and a return down -36.60% over one month. The stock price has fallen by 43.05% in three months and by 49.77% in the last six months.
LPI has reported a negative annual return of -50.23%, while cumulative performance to date shows a decline in the outlook of -49.39%. The stock price has evolved from -40.53% from its lowest level in 50 days and -0.19% to its highest level in 50 days.
Laredo Moving Oil Average (LPI)
The Laredo Petroleum (LPI) stock price traded at a -21.60% spread compared to an average price over the last twenty days and is at a distance of -30.27%. of its average price of the last fifty days. Take a look at the best-known 200-day moving average, which averages prices over the last 200 days. The 200-day moving average is the reserve for long-term investors. At the moment, the stock is moving -39.48% off to reach its 200-day moving average. It goes without saying that investors should not rely solely on one technique. However, applying moving average strategies alongside portfolio diversification and prudent money management can significantly reduce risk.
Is the Laredo Oil Stock (LPI) overbought or oversold?
The stock has a current RSI value of 17.28. The RSI is a momentum indicator developed by renowned technical badyst Welles Wilder. It provides a relative badessment of the strength of recent price performance of a security. The RSI values range from 0 to 100. Wilder recommended smoothing over 14 periods. It is mainly used to try to identify the conditions of overbought or oversold in the trading of an badet.
Traditional RSI reading and processing indicates that the value 70 or higher shows that security is being purchased or overvalued. On the other side of the RSI values, an RSI reading equal to or less than 30 is generally interpreted as indicating an oversold or undervalued condition. Some traders, trying to avoid false signals from the RSI, use more extreme RSI values as buy or sell signals, such as RSI reads greater than 80 to indicate overbought and trading conditions. RSI less than 20 to indicate oversold conditions. The RSI is often used with trend lines, because the support or resistance of the trend line often coincides with the levels of support or resistance in the reading of the RSI.
Source link
