Luna Innovations Incorporated Probability of Future Pink Sheet Price Finishing Over 2.16
| LUNADelisted Stock | USD 1.07 0.05 4.90% |
Luna |
Luna Innovations Target Price Odds to finish over 2.16
The tendency of Luna 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 over $ 2.16 or more in 90 days |
| 1.07 | 90 days | 2.16 | nearly 4.15 |
Based on a normal probability distribution, the odds of Luna Innovations to move over $ 2.16 or more in 90 days from now is nearly 4.15 (This Luna Innovations Incorporated probability density function shows the probability of Luna Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Luna Innovations price to stay between its current price of $ 1.07 and $ 2.16 at the end of the 90-day period is about 92.97 .
Given the investment horizon of 90 days Luna Innovations Incorporated has a beta of -0.67. This indicates as returns on the benchmark increase, returns on holding Luna Innovations are expected to decrease at a much lower rate. During a bear market, however, Luna Innovations Incorporated is likely to outperform the market. Additionally Luna Innovations Incorporated has an alpha of 0.0103, implying that it can generate a 0.0103 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Luna Innovations Price Density |
| Price |
Predictive Modules for Luna Innovations
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luna Innovations. 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.Luna Innovations Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Luna Innovations is not an exception. The market had few large corrections towards the Luna Innovations' 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 Luna Innovations Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Luna Innovations within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.67 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.0022 |
Luna Innovations 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 Luna Innovations for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Luna Innovations can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Luna Innovations generated a negative expected return over the last 90 days | |
| Luna Innovations has high historical volatility and very poor performance | |
| Luna Innovations has some characteristics of a very speculative penny stock | |
| Luna Innovations has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 116.61 M. Net Loss for the year was (2.12 M) with profit before overhead, payroll, taxes, and interest of 68.8 M. | |
| Luna Innovations Incorporated currently holds about 7.89 M in cash with (13.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 57.0% of the company shares are owned by institutional investors |
Luna Innovations 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 Luna Pink Sheet often depends not only on the future outlook of the current and potential Luna Innovations' 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. Luna Innovations' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.6 M | |
| Cash And Short Term Investments | 6 M |
Luna Innovations Technical Analysis
Luna Innovations' future price can be derived by breaking down and analyzing its technical indicators over time. Luna Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luna Innovations Incorporated. In general, you should focus on analyzing Luna Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Luna Innovations Predictive Forecast Models
Luna Innovations' time-series forecasting models is one of many Luna Innovations' 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 Luna Innovations' 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 Luna Innovations
Checking the ongoing alerts about Luna Innovations for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Luna Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Luna Innovations generated a negative expected return over the last 90 days | |
| Luna Innovations has high historical volatility and very poor performance | |
| Luna Innovations has some characteristics of a very speculative penny stock | |
| Luna Innovations has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 116.61 M. Net Loss for the year was (2.12 M) with profit before overhead, payroll, taxes, and interest of 68.8 M. | |
| Luna Innovations Incorporated currently holds about 7.89 M in cash with (13.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 57.0% of the company shares are owned by institutional investors |
Check out Luna Innovations Backtesting, Luna Innovations Valuation, Luna Innovations Correlation, Luna Innovations Hype Analysis, Luna Innovations Volatility, Luna Innovations History as well as Luna Innovations Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Luna Pink Sheet
If you are still planning to invest in Luna Innovations check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Luna Innovations' history and understand the potential risks before investing.
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