Leonardo Spa Adr Stock Probability of Future Pink Sheet Price Finishing Over 18.69
| FINMY Stock | USD 13.15 0.01 0.08% |
Leonardo |
Leonardo SpA Target Price Odds to finish over 18.69
The tendency of Leonardo 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 $ 18.69 or more in 90 days |
| 13.15 | 90 days | 18.69 | near 1 |
Based on a normal probability distribution, the odds of Leonardo SpA to move over $ 18.69 or more in 90 days from now is near 1 (This Leonardo SpA ADR probability density function shows the probability of Leonardo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Leonardo SpA ADR price to stay between its current price of $ 13.15 and $ 18.69 at the end of the 90-day period is about 7.27 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.19 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Leonardo SpA will likely underperform. Additionally Leonardo SpA ADR 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. Leonardo SpA Price Density |
| Price |
Predictive Modules for Leonardo SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leonardo SpA ADR. 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.Leonardo SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leonardo SpA is not an exception. The market had few large corrections towards the Leonardo SpA'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 Leonardo SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leonardo SpA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.0068 |
Leonardo SpA 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 Leonardo SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leonardo SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Leonardo SpA ADR has accumulated 3.63 B in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Leonardo SpA ADR has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Leonardo SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Leonardo SpA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leonardo SpA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leonardo to invest in growth at high rates of return. When we think about Leonardo SpA's use of debt, we should always consider it together with cash and equity. |
Leonardo SpA 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 Leonardo Pink Sheet often depends not only on the future outlook of the current and potential Leonardo SpA'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. Leonardo SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 2.5 B |
Leonardo SpA Technical Analysis
Leonardo SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Leonardo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leonardo SpA ADR. In general, you should focus on analyzing Leonardo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Leonardo SpA Predictive Forecast Models
Leonardo SpA's time-series forecasting models is one of many Leonardo SpA'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 Leonardo SpA'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 Leonardo SpA ADR
Checking the ongoing alerts about Leonardo SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leonardo SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Leonardo SpA ADR has accumulated 3.63 B in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Leonardo SpA ADR has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Leonardo SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Leonardo SpA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leonardo SpA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leonardo to invest in growth at high rates of return. When we think about Leonardo SpA's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Leonardo Pink Sheet Analysis
When running Leonardo SpA's price analysis, check to measure Leonardo SpA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leonardo SpA is operating at the current time. Most of Leonardo SpA's value examination focuses on studying past and present price action to predict the probability of Leonardo SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo SpA's price. Additionally, you may evaluate how the addition of Leonardo SpA to your portfolios can decrease your overall portfolio volatility.