Lumine Group Stock Chance of Future Stock Price Finishing Under 42.63
| LMN Stock | 44.19 0.29 0.66% |
Lumine |
Lumine Target Price Odds to finish below 42.63
The tendency of Lumine 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 42.63 or more in 90 days |
| 44.19 | 90 days | 42.63 | about 87.48 |
Based on a normal probability distribution, the odds of Lumine to drop to 42.63 or more in 90 days from now is about 87.48 (This Lumine Group probability density function shows the probability of Lumine Stock to fall within a particular range of prices over 90 days) . Probability of Lumine Group price to stay between 42.63 and its current price of 44.19 at the end of the 90-day period is about 5.49 .
Assuming the 90 days horizon Lumine has a beta of 0.17. This indicates as returns on the market go up, Lumine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lumine Group will be expected to be much smaller as well. Additionally Lumine Group has an alpha of 0.3713, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lumine Price Density |
| Price |
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 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.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 | 0.37 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 4.79 | |
Ir | Information ratio | 0.12 |
Lumine 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 Lumine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lumine 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.| The company reported the revenue of 499.67 M. Net Loss for the year was (2.83 B) with profit before overhead, payroll, taxes, and interest of 240.09 M. | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 2 Growth Stocks That Could Skyrocket in 2025 and Beyond - MSN |
Lumine 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 Lumine Stock often depends not only on the future outlook of the current and potential Lumine'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. Lumine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 74.1 M |
Lumine Technical Analysis
Lumine's future price can be derived by breaking down and analyzing its technical indicators over time. Lumine Stock 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 Stock 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 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 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 stock market movement and maximize returns from investment trading.
Things to note about Lumine Group
Checking the ongoing alerts about Lumine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lumine Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 499.67 M. Net Loss for the year was (2.83 B) with profit before overhead, payroll, taxes, and interest of 240.09 M. | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 2 Growth Stocks That Could Skyrocket in 2025 and Beyond - MSN |
Additional Tools for Lumine Stock Analysis
When running Lumine's price analysis, check to measure Lumine'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 Lumine is operating at the current time. Most of Lumine's value examination focuses on studying past and present price action to predict the probability of Lumine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumine's price. Additionally, you may evaluate how the addition of Lumine to your portfolios can decrease your overall portfolio volatility.