Lumine Group Stock Chance of Future Pink Sheet Price Finishing Over 27.81
| LMGIF Stock | 27.81 0.31 1.10% |
Lumine |
Lumine Target Price Odds to finish over 27.81
The tendency of Lumine Pink Sheet 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 above the current price in 90 days |
| 27.81 | 90 days | 27.81 | about 45.58 |
Based on a normal probability distribution, the odds of Lumine to move above the current price in 90 days from now is about 45.58 (This Lumine Group probability density function shows the probability of Lumine Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.38 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lumine will likely underperform. Additionally Lumine Group has an alpha of 0.2739, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lumine Price Density |
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Predictive Modules for Lumine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lumine Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Lumine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lumine is not an exception. The market had few large corrections towards the Lumine'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 Lumine Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lumine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 2.97 | |
Ir | Information ratio | 0.11 |
Lumine Technical Analysis
Lumine's future price can be derived by breaking down and analyzing its technical indicators over time. Lumine Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lumine Group. In general, you should focus on analyzing Lumine Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Lumine Predictive Forecast Models
Lumine's time-series forecasting models is one of many Lumine's pink sheet 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 Lumine'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lumine in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lumine's short interest history, or implied volatility extrapolated from Lumine options trading.