Leading Edge Materials Stock Probability of Future Stock Price Finishing Over 14.97
| LEM Stock | CAD 0.09 0.00 0.00% |
Leading |
Leading Edge Target Price Odds to finish over 14.97
The tendency of Leading 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 move over C$ 14.97 or more in 90 days |
| 0.09 | 90 days | 14.97 | close to zero percent |
Based on a normal probability distribution, the odds of Leading Edge to move over C$ 14.97 or more in 90 days from now is close to zero percent (This Leading Edge Materials probability density function shows the probability of Leading Stock to fall within a particular range of prices over 90 days) . Probability of Leading Edge Materials price to stay between its current price of C$ 0.09 and C$ 14.97 at the end of the 90-day period is about 91.1 .
Assuming the 90 days horizon Leading Edge Materials has a beta of -0.63. This indicates as returns on the benchmark increase, returns on holding Leading Edge are expected to decrease at a much lower rate. During a bear market, however, Leading Edge Materials is likely to outperform the market. Additionally Leading Edge Materials 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. Leading Edge Price Density |
| Price |
Predictive Modules for Leading Edge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leading Edge Materials. 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.Leading Edge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leading Edge is not an exception. The market had few large corrections towards the Leading Edge'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 Leading Edge Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leading Edge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
Leading Edge 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 Leading Edge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leading Edge Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Leading Edge generated a negative expected return over the last 90 days | |
| Leading Edge has some characteristics of a very speculative penny stock | |
| Leading Edge has high historical volatility and very poor performance | |
| Leading Edge has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.58 M) with loss before overhead, payroll, taxes, and interest of (169.61 K). | |
| Leading Edge Materials has accumulated about 1.06 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 39.0% of the company outstanding shares are owned by corporate insiders |
Leading Edge Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Leading Stock often depends not only on the future outlook of the current and potential Leading Edge's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Leading Edge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 167.1 M | |
| Cash And Short Term Investments | 2.6 M |
Leading Edge Technical Analysis
Leading Edge's future price can be derived by breaking down and analyzing its technical indicators over time. Leading Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leading Edge Materials. In general, you should focus on analyzing Leading Stock price patterns and their correlations with different microeconomic environments and drivers.
Leading Edge Predictive Forecast Models
Leading Edge's time-series forecasting models is one of many Leading Edge'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 Leading Edge'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 Leading Edge Materials
Checking the ongoing alerts about Leading Edge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leading Edge Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Leading Edge generated a negative expected return over the last 90 days | |
| Leading Edge has some characteristics of a very speculative penny stock | |
| Leading Edge has high historical volatility and very poor performance | |
| Leading Edge has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.58 M) with loss before overhead, payroll, taxes, and interest of (169.61 K). | |
| Leading Edge Materials has accumulated about 1.06 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 39.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Leading Stock Analysis
When running Leading Edge's price analysis, check to measure Leading Edge'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 Leading Edge is operating at the current time. Most of Leading Edge's value examination focuses on studying past and present price action to predict the probability of Leading Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leading Edge's price. Additionally, you may evaluate how the addition of Leading Edge to your portfolios can decrease your overall portfolio volatility.