Leroy Seafood (UK) Probability of Future Stock Price Finishing Over 49.55
| 0GM2 Stock | 50.02 0.34 0.68% |
Leroy |
Leroy Seafood Target Price Odds to finish over 49.55
The tendency of Leroy Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 49.55 in 90 days |
| 50.02 | 90 days | 49.55 | about 83.48 |
Based on a normal probability distribution, the odds of Leroy Seafood to stay above 49.55 in 90 days from now is about 83.48 (This Leroy Seafood Group probability density function shows the probability of Leroy Stock to fall within a particular range of prices over 90 days) . Probability of Leroy Seafood Group price to stay between 49.55 and its current price of 50.02 at the end of the 90-day period is about 5.74 .
Assuming the 90 days trading horizon Leroy Seafood has a beta of 0.65. This suggests as returns on the market go up, Leroy Seafood average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Leroy Seafood Group will be expected to be much smaller as well. Additionally Leroy Seafood Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Leroy Seafood Price Density |
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Predictive Modules for Leroy Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leroy Seafood Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Leroy Seafood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leroy Seafood is not an exception. The market had few large corrections towards the Leroy Seafood's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Leroy Seafood Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leroy Seafood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0078 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | 0.02 |
Leroy Seafood Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Leroy Seafood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leroy Seafood Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 53.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Leroy Seafood Group ASA Sets New Bond Interest Rate - TipRanks |
Leroy Seafood Technical Analysis
Leroy Seafood's future price can be derived by breaking down and analyzing its technical indicators over time. Leroy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leroy Seafood Group. In general, you should focus on analyzing Leroy Stock price patterns and their correlations with different microeconomic environments and drivers.
Leroy Seafood Predictive Forecast Models
Leroy Seafood's time-series forecasting models is one of many Leroy Seafood's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Leroy Seafood's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Leroy Seafood Group
Checking the ongoing alerts about Leroy Seafood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leroy Seafood Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 53.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Leroy Seafood Group ASA Sets New Bond Interest Rate - TipRanks |
Additional Tools for Leroy Stock Analysis
When running Leroy Seafood's price analysis, check to measure Leroy Seafood'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 Leroy Seafood is operating at the current time. Most of Leroy Seafood's value examination focuses on studying past and present price action to predict the probability of Leroy Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leroy Seafood's price. Additionally, you may evaluate how the addition of Leroy Seafood to your portfolios can decrease your overall portfolio volatility.