Lucara Diamond Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.3
| LUCRF Stock | USD 0.30 0.02 6.25% |
Lucara |
Lucara Diamond Target Price Odds to finish over 0.3
The tendency of Lucara 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 |
| 0.30 | 90 days | 0.30 | about 98.0 |
Based on a normal probability distribution, the odds of Lucara Diamond to move above the current price in 90 days from now is about 98.0 (This Lucara Diamond Corp probability density function shows the probability of Lucara Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Lucara Diamond has a beta of 0.6. This indicates as returns on the market go up, Lucara Diamond average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lucara Diamond Corp will be expected to be much smaller as well. Additionally Lucara Diamond Corp 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. Lucara Diamond Price Density |
| Price |
Predictive Modules for Lucara Diamond
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lucara Diamond Corp. 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.Lucara Diamond Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lucara Diamond is not an exception. The market had few large corrections towards the Lucara Diamond'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 Lucara Diamond Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lucara Diamond within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.03 |
Lucara Diamond 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 Lucara Diamond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lucara Diamond Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lucara Diamond Corp generated a negative expected return over the last 90 days | |
| Lucara Diamond Corp has some characteristics of a very speculative penny stock | |
| Lucara Diamond Corp has high historical volatility and very poor performance | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
Lucara Diamond 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 Lucara Pink Sheet often depends not only on the future outlook of the current and potential Lucara Diamond'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. Lucara Diamond's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 453 M |
Lucara Diamond Technical Analysis
Lucara Diamond's future price can be derived by breaking down and analyzing its technical indicators over time. Lucara Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lucara Diamond Corp. In general, you should focus on analyzing Lucara Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Lucara Diamond Predictive Forecast Models
Lucara Diamond's time-series forecasting models is one of many Lucara Diamond'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 Lucara Diamond'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.
Things to note about Lucara Diamond Corp
Checking the ongoing alerts about Lucara Diamond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lucara Diamond Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lucara Diamond Corp generated a negative expected return over the last 90 days | |
| Lucara Diamond Corp has some characteristics of a very speculative penny stock | |
| Lucara Diamond Corp has high historical volatility and very poor performance | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Lucara Pink Sheet
Lucara Diamond financial ratios help investors to determine whether Lucara Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lucara with respect to the benefits of owning Lucara Diamond security.