LS Starrett Probability of Future Stock Price Finishing Under 10.14
| SCXDelisted Stock | USD 12.50 0.94 8.13% |
SCX |
LS Starrett Target Price Odds to finish below 10.14
The tendency of SCX 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 $ 10.14 or more in 90 days |
| 12.50 | 90 days | 10.14 | about 20.79 |
Based on a normal probability distribution, the odds of LS Starrett to drop to $ 10.14 or more in 90 days from now is about 20.79 (This LS Starrett probability density function shows the probability of SCX Stock to fall within a particular range of prices over 90 days) . Probability of LS Starrett price to stay between $ 10.14 and its current price of $12.5 at the end of the 90-day period is about 79.03 .
Considering the 90-day investment horizon LS Starrett has a beta of 0.19. This usually implies as returns on the market go up, LS Starrett average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LS Starrett will be expected to be much smaller as well. Additionally LS Starrett has an alpha of 0.2957, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LS Starrett Price Density |
| Price |
Predictive Modules for LS Starrett
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LS Starrett. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LS Starrett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
LS Starrett Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LS Starrett is not an exception. The market had few large corrections towards the LS Starrett'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 LS Starrett, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LS Starrett within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | 0.08 |
LS Starrett 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 LS Starrett for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LS Starrett can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LS Starrett is not yet fully synchronised with the market data | |
| LS Starrett has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from MacroaxisInsider: Disposition of 675 shares by Lincoln Kathryn Jo of Lincoln Electric subject to Rule 16b-3 |
LS Starrett 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 SCX Stock often depends not only on the future outlook of the current and potential LS Starrett'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. LS Starrett's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.6 M | |
| Cash And Short Term Investments | 10.5 M |
LS Starrett Technical Analysis
LS Starrett's future price can be derived by breaking down and analyzing its technical indicators over time. SCX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LS Starrett. In general, you should focus on analyzing SCX Stock price patterns and their correlations with different microeconomic environments and drivers.
LS Starrett Predictive Forecast Models
LS Starrett's time-series forecasting models is one of many LS Starrett'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 LS Starrett'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 LS Starrett
Checking the ongoing alerts about LS Starrett for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LS Starrett help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LS Starrett is not yet fully synchronised with the market data | |
| LS Starrett has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from MacroaxisInsider: Disposition of 675 shares by Lincoln Kathryn Jo of Lincoln Electric subject to Rule 16b-3 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in SCX Stock
If you are still planning to invest in LS Starrett 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 LS Starrett's history and understand the potential risks before investing.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |