Lomiko Metals Stock Probability of Future Stock Price Finishing Over 0.15
| LMR Stock | CAD 0.13 0.01 7.14% |
Lomiko |
Lomiko Metals Target Price Odds to finish over 0.15
The tendency of Lomiko 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$ 0.15 or more in 90 days |
| 0.13 | 90 days | 0.15 | about 50.0 |
Based on a normal probability distribution, the odds of Lomiko Metals to move over C$ 0.15 or more in 90 days from now is about 50.0 (This Lomiko Metals probability density function shows the probability of Lomiko Stock to fall within a particular range of prices over 90 days) . Probability of Lomiko Metals price to stay between its current price of C$ 0.13 and C$ 0.15 at the end of the 90-day period is about 38.86 .
Assuming the 90 days horizon Lomiko Metals has a beta of 0.66. This indicates as returns on the market go up, Lomiko Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lomiko Metals will be expected to be much smaller as well. Additionally Lomiko Metals 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. Lomiko Metals Price Density |
| Price |
Predictive Modules for Lomiko Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lomiko Metals. 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.Lomiko Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lomiko Metals is not an exception. The market had few large corrections towards the Lomiko Metals' 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 Lomiko Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lomiko Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.09 |
Lomiko Metals 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 Lomiko Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lomiko Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lomiko Metals generated a negative expected return over the last 90 days | |
| Lomiko Metals has some characteristics of a very speculative penny stock | |
| Lomiko Metals has high historical volatility and very poor performance | |
| Lomiko Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.96 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Lomiko Metals has accumulated about 151.18 K in cash with (1.76 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Lomiko Metals Announces Management Transition and Update on the 2024 Annual General Meeting Materials Amid Canada Post Strike - sharewise |
Lomiko Metals 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 Lomiko Stock often depends not only on the future outlook of the current and potential Lomiko Metals' 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. Lomiko Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 326.8 M | |
| Cash And Short Term Investments | 2.1 M |
Lomiko Metals Technical Analysis
Lomiko Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Lomiko Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lomiko Metals. In general, you should focus on analyzing Lomiko Stock price patterns and their correlations with different microeconomic environments and drivers.
Lomiko Metals Predictive Forecast Models
Lomiko Metals' time-series forecasting models is one of many Lomiko Metals' 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 Lomiko Metals' 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 Lomiko Metals
Checking the ongoing alerts about Lomiko Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lomiko Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lomiko Metals generated a negative expected return over the last 90 days | |
| Lomiko Metals has some characteristics of a very speculative penny stock | |
| Lomiko Metals has high historical volatility and very poor performance | |
| Lomiko Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.96 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Lomiko Metals has accumulated about 151.18 K in cash with (1.76 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Lomiko Metals Announces Management Transition and Update on the 2024 Annual General Meeting Materials Amid Canada Post Strike - sharewise |
Additional Tools for Lomiko Stock Analysis
When running Lomiko Metals' price analysis, check to measure Lomiko Metals' 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 Lomiko Metals is operating at the current time. Most of Lomiko Metals' value examination focuses on studying past and present price action to predict the probability of Lomiko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lomiko Metals' price. Additionally, you may evaluate how the addition of Lomiko Metals to your portfolios can decrease your overall portfolio volatility.