Local Bounti Stock Forward View - Simple Regression
| LOCL Stock | USD 2.20 0.07 3.08% |
Local Stock outlook is based on your current time horizon.
As of now, the value of RSI of Local Bounti's share price is approaching 44. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Local Bounti, making its price go up or down. Momentum 44
Sell Extended
Oversold | Overbought |
Using Local Bounti hype-based prediction, you can estimate the value of Local Bounti Corp from the perspective of Local Bounti response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Local Bounti Corp on the next trading day is expected to be 2.16 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.76. Local Bounti after-hype prediction price | USD 2.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Local Bounti to cross-verify your projections. Local Bounti Additional Predictive Modules
Most predictive techniques to examine Local price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Local using various technical indicators. When you analyze Local charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Local Bounti Simple Regression Price Forecast For the 30th of January
Given 90 days horizon, the Simple Regression forecasted value of Local Bounti Corp on the next trading day is expected to be 2.16 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.76.Please note that although there have been many attempts to predict Local Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Local Bounti's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Local Bounti Stock Forecast Pattern
| Backtest Local Bounti | Local Bounti Price Prediction | Buy or Sell Advice |
Local Bounti Forecasted Value
In the context of forecasting Local Bounti's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Local Bounti's downside and upside margins for the forecasting period are 0.02 and 5.96, respectively. We have considered Local Bounti's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Local Bounti stock data series using in forecasting. Note that when a statistical model is used to represent Local Bounti stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 113.495 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0781 |
| MAPE | Mean absolute percentage error | 0.0324 |
| SAE | Sum of the absolute errors | 4.7611 |
Predictive Modules for Local Bounti
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Local Bounti Corp. 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 Local Bounti'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.
Local Bounti After-Hype Price Density Analysis
As far as predicting the price of Local Bounti at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Local Bounti or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Local Bounti, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Local Bounti Estimiated After-Hype Price Volatility
In the context of predicting Local Bounti's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Local Bounti's historical news coverage. Local Bounti's after-hype downside and upside margins for the prediction period are 0.11 and 6.00, respectively. We have considered Local Bounti's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Local Bounti is very risky at this time. Analysis and calculation of next after-hype price of Local Bounti Corp is based on 3 months time horizon.
Local Bounti Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Local Bounti is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Local Bounti backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Local Bounti, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.19 | 3.80 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.20 | 2.20 | 0.00 |
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Local Bounti Hype Timeline
Local Bounti Corp is now traded for 2.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Local is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.19%. %. The volatility of related hype on Local Bounti is about 0.0%, with the expected price after the next announcement by competition of 2.20. About 81.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.46. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Local Bounti Corp recorded a loss per share of 10.01. The entity had not issued any dividends in recent years. The firm had 1:13 split on the 15th of June 2023. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Local Bounti to cross-verify your projections.Local Bounti Related Hype Analysis
Having access to credible news sources related to Local Bounti's direct competition is more important than ever and may enhance your ability to predict Local Bounti's future price movements. Getting to know how Local Bounti's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Local Bounti may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DDC | DDC Enterprise Limited | 0.00 | 0 per month | 0.00 | (0.15) | 9.01 | (17.73) | 43.17 | |
| IMG | CIMG Inc | 0.00 | 0 per month | 0.00 | (0.24) | 12.96 | (15.15) | 47.57 | |
| GROV | Virgin Group Acquisition | 0.00 | 0 per month | 2.97 | 0.05 | 5.26 | (4.41) | 17.64 | |
| ATPC | Agape ATP | 0.00 | 0 per month | 17.10 | 0.02 | 13.95 | (20.91) | 189.71 | |
| WYHG | Wing Yip Food | 0.00 | 0 per month | 0.00 | (0.19) | 8.33 | (9.90) | 29.15 | |
| DTCK | Davis Commodities Limited | 0.00 | 0 per month | 0.00 | (0.03) | 24.31 | (22.00) | 144.78 | |
| LSF | Laird Superfood | 0.00 | 0 per month | 0.00 | (0.06) | 10.40 | (10.20) | 33.57 | |
| BRFH | Barfresh Food Group | 0.00 | 0 per month | 3.94 | (0) | 7.84 | (6.27) | 26.25 | |
| GNS | Genius Group | 0.00 | 0 per month | 0.00 | (0.12) | 8.11 | (7.50) | 24.04 | |
| YQ | 17 Education Technology | 0.00 | 0 per month | 0.00 | (0.1) | 7.01 | (7.85) | 27.50 |
Other Forecasting Options for Local Bounti
For every potential investor in Local, whether a beginner or expert, Local Bounti's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Local Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Local. Basic forecasting techniques help filter out the noise by identifying Local Bounti's price trends.Local Bounti Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Local Bounti stock to make a market-neutral strategy. Peer analysis of Local Bounti could also be used in its relative valuation, which is a method of valuing Local Bounti by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Local Bounti Market Strength Events
Market strength indicators help investors to evaluate how Local Bounti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Local Bounti shares will generate the highest return on investment. By undertsting and applying Local Bounti stock market strength indicators, traders can identify Local Bounti Corp entry and exit signals to maximize returns.
Local Bounti Risk Indicators
The analysis of Local Bounti's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Local Bounti's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting local stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.83 | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.41 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Local Bounti
The number of cover stories for Local Bounti depends on current market conditions and Local Bounti's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Local Bounti is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Local Bounti's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Local Bounti Short Properties
Local Bounti's future price predictability will typically decrease when Local Bounti's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Local Bounti Corp often depends not only on the future outlook of the potential Local Bounti'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. Local Bounti's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.5 M | |
| Cash And Short Term Investments | 937 K |
Check out Historical Fundamental Analysis of Local Bounti to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Stock 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. Expected growth trajectory for Local significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Local Bounti assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Understanding Local Bounti Corp requires distinguishing between market price and book value, where the latter reflects Local's accounting equity. The concept of intrinsic value—what Local Bounti's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Local Bounti's price substantially above or below its fundamental value.
Understanding that Local Bounti's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Local Bounti represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Local Bounti's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.