Logility Supply Chain Stock Probability of Future Stock Price Finishing Under 10.36
| LGTY Stock | 11.08 0.16 1.42% |
Logility |
Logility Supply Target Price Odds to finish below 10.36
The tendency of Logility 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 drop to 10.36 or more in 90 days |
| 11.08 | 90 days | 10.36 | about 15.21 |
Based on a normal probability distribution, the odds of Logility Supply to drop to 10.36 or more in 90 days from now is about 15.21 (This Logility Supply Chain probability density function shows the probability of Logility Stock to fall within a particular range of prices over 90 days) . Probability of Logility Supply Chain price to stay between 10.36 and its current price of 11.08 at the end of the 90-day period is about 53.04 .
Given the investment horizon of 90 days Logility Supply Chain has a beta of -0.29. This indicates as returns on the benchmark increase, returns on holding Logility Supply are expected to decrease at a much lower rate. During a bear market, however, Logility Supply Chain is likely to outperform the market. Additionally Logility Supply Chain has an alpha of 0.043, implying that it can generate a 0.043 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Logility Supply Price Density |
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Predictive Modules for Logility Supply
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logility Supply Chain. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Logility Supply's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Logility Supply Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Logility Supply is not an exception. The market had few large corrections towards the Logility Supply'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 Logility Supply Chain, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Logility Supply within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | 0.02 |
Logility Supply 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 Logility Supply for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Logility Supply Chain can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Logility Supply Chain was previously known as American Software and was traded on NASDAQ Exchange under the symbol AMSWA. | |
| About 71.0% of the company shares are owned by institutional investors | |
| On 29th of November 2024 Logility Supply paid 0.11 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Logility Supply Chain Solutions, Inc.s Has Been On A Rise But Financial Prospects Look Weak Is The Stock Overpriced |
Logility Supply 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 Logility Stock often depends not only on the future outlook of the current and potential Logility Supply'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. Logility Supply's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.7 M | |
| Cash And Short Term Investments | 83.8 M |
Logility Supply Technical Analysis
Logility Supply's future price can be derived by breaking down and analyzing its technical indicators over time. Logility Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Logility Supply Chain. In general, you should focus on analyzing Logility Stock price patterns and their correlations with different microeconomic environments and drivers.