LKQ (Germany) Chance of Future Stock Price Finishing Over 39.53
| LKQ1 Stock | EUR 34.60 1.00 2.81% |
LKQ |
LKQ Target Price Odds to finish over 39.53
The tendency of LKQ 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 € 39.53 or more in 90 days |
| 34.60 | 90 days | 39.53 | near 1 |
Based on a normal probability distribution, the odds of LKQ to move over € 39.53 or more in 90 days from now is near 1 (This LKQ Corporation probability density function shows the probability of LKQ Stock to fall within a particular range of prices over 90 days) . Probability of LKQ Corporation price to stay between its current price of € 34.60 and € 39.53 at the end of the 90-day period is about 84.83 .
Assuming the 90 days trading horizon LKQ has a beta of 0.27. This indicates as returns on the market go up, LKQ average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LKQ Corporation will be expected to be much smaller as well. Additionally LKQ Corporation 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. LKQ Price Density |
| Price |
Predictive Modules for LKQ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LKQ Corporation. 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.LKQ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LKQ is not an exception. The market had few large corrections towards the LKQ'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 LKQ Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LKQ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.04 |
LKQ 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 LKQ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LKQ Corporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LKQ Corporation generated a negative expected return over the last 90 days | |
| LKQ Corporation has accumulated €2.62 Billion in debt which can lead to volatile earnings | |
| Over 97.0% of the company shares are owned by institutional investors |
LKQ 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 LKQ Stock often depends not only on the future outlook of the current and potential LKQ'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. LKQ's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 270.1 M |
LKQ Technical Analysis
LKQ's future price can be derived by breaking down and analyzing its technical indicators over time. LKQ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LKQ Corporation. In general, you should focus on analyzing LKQ Stock price patterns and their correlations with different microeconomic environments and drivers.
LKQ Predictive Forecast Models
LKQ's time-series forecasting models is one of many LKQ'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 LKQ'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 LKQ Corporation
Checking the ongoing alerts about LKQ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LKQ Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LKQ Corporation generated a negative expected return over the last 90 days | |
| LKQ Corporation has accumulated €2.62 Billion in debt which can lead to volatile earnings | |
| Over 97.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in LKQ Stock
When determining whether LKQ Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LKQ Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:Check out LKQ Backtesting, LKQ Valuation, LKQ Correlation, LKQ Hype Analysis, LKQ Volatility, LKQ History as well as LKQ Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.