Local Bounti Corp Stock Performance
| LOCL Stock | USD 2.21 0.01 0.45% |
On a scale of 0 to 100, Local Bounti holds a performance score of 6. The company secures a Beta (Market Risk) of -1.28, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Local Bounti are expected to decrease by larger amounts. On the other hand, during market turmoil, Local Bounti is expected to outperform it. Please check Local Bounti's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Local Bounti's current price movements will revert.
Risk-Adjusted Performance
Modest
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Compared to the overall equity markets, risk-adjusted returns on investments in Local Bounti Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite weak fundamental indicators, Local Bounti disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 24.9 M |
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Local Bounti Relative Risk vs. Return Landscape
If you would invest 175.00 in Local Bounti Corp on November 28, 2024 and sell it today you would earn a total of 46.00 from holding Local Bounti Corp or generate 26.29% return on investment over 90 days. Local Bounti Corp is currently generating 0.8092% in daily expected returns and assumes 10.4975% risk (volatility on return distribution) over the 90 days horizon. In different words, 93% of stocks are less volatile than Local, and 84% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Local Bounti Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Local Bounti's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Local Bounti Corp, and traders can use it to determine the average amount a Local Bounti's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0771
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Estimated Market Risk
| 10.5 actual daily | 93 93% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Local Bounti is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Local Bounti by adding it to a well-diversified portfolio.
Local Bounti Fundamentals Growth
Local Stock prices reflect investors' perceptions of the future prospects and financial health of Local Bounti, and Local Bounti fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Local Stock performance.
| Return On Equity | -24.48 | ||||
| Return On Asset | -0.0974 | ||||
| Operating Margin | (1.76) % | ||||
| Current Valuation | 417.74 M | ||||
| Shares Outstanding | 8.66 M | ||||
| Price To Book | 0.46 X | ||||
| Price To Sales | 0.55 X | ||||
| Revenue | 27.56 M | ||||
| EBITDA | (85.14 M) | ||||
| Cash And Equivalents | 4.23 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 327.42 M | ||||
| Debt To Equity | 1.07 % | ||||
| Book Value Per Share | (7.58) X | ||||
| Cash Flow From Operations | (33.16 M) | ||||
| Earnings Per Share | (18.11) X | ||||
| Total Asset | 381.75 M | ||||
| Retained Earnings | (303.33 M) | ||||
About Local Bounti Performance
By examining Local Bounti's fundamental ratios, stakeholders can obtain critical insights into Local Bounti's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Local Bounti is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Local Bounti Corporation grows fresh greens and herbs in the United States. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana. Local Bounti operates under Farm Products classification in the United States and is traded on New York Stock Exchange. It employs 111 people.Things to note about Local Bounti Corp performance evaluation
Checking the ongoing alerts about Local Bounti for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Local Bounti Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Local Bounti Corp is way too risky over 90 days horizon | |
| Local Bounti Corp appears to be risky and price may revert if volatility continues | |
| Local Bounti Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 27.56 M. Net Loss for the year was (124.02 M) with profit before overhead, payroll, taxes, and interest of 4.23 M. | |
| Local Bounti Corp currently holds about 4.23 M in cash with (33.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 55.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Local Bounti's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Local Bounti's stock is overvalued or undervalued compared to its peers.
- Examining Local Bounti's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Local Bounti's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Local Bounti's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Local Bounti's stock. These opinions can provide insight into Local Bounti's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.