Lb Foster Stock Probability of Future Stock Price Finishing Over 30.87
| FSTR Stock | USD 27.27 0.95 3.61% |
FSTR |
LB Foster Target Price Odds to finish over 30.87
The tendency of FSTR 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 move over $ 30.87 or more in 90 days |
| 27.27 | 90 days | 30.87 | near 1 |
Based on a normal probability distribution, the odds of LB Foster to move over $ 30.87 or more in 90 days from now is near 1 (This LB Foster probability density function shows the probability of FSTR Stock to fall within a particular range of prices over 90 days) . Probability of LB Foster price to stay between its current price of $ 27.27 and $ 30.87 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days LB Foster has a beta of -0.21. This usually indicates as returns on the benchmark increase, returns on holding LB Foster are expected to decrease at a much lower rate. During a bear market, however, LB Foster is likely to outperform the market. Additionally LB Foster has an alpha of 0.6215, implying that it can generate a 0.62 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LB Foster Price Density |
| Price |
Predictive Modules for LB Foster
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LB Foster. 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 LB Foster'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.
LB Foster Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LB Foster is not an exception. The market had few large corrections towards the LB Foster'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 LB Foster, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LB Foster within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.62 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.17 |
LB Foster 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 LB Foster for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LB Foster can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LB Foster appears to be risky and price may revert if volatility continues | |
| Over 76.0% of the company shares are owned by institutional investors |
LB Foster 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 FSTR Stock often depends not only on the future outlook of the current and potential LB Foster'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. LB Foster's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11 M | |
| Cash And Short Term Investments | 2.6 M |
LB Foster Technical Analysis
LB Foster's future price can be derived by breaking down and analyzing its technical indicators over time. FSTR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LB Foster. In general, you should focus on analyzing FSTR Stock price patterns and their correlations with different microeconomic environments and drivers.
LB Foster Predictive Forecast Models
LB Foster's time-series forecasting models is one of many LB Foster'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 LB Foster'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 LB Foster
Checking the ongoing alerts about LB Foster for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LB Foster help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LB Foster appears to be risky and price may revert if volatility continues | |
| Over 76.0% of the company shares are owned by institutional investors |
Additional Tools for FSTR Stock Analysis
When running LB Foster's price analysis, check to measure LB Foster'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 LB Foster is operating at the current time. Most of LB Foster's value examination focuses on studying past and present price action to predict the probability of LB Foster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LB Foster's price. Additionally, you may evaluate how the addition of LB Foster to your portfolios can decrease your overall portfolio volatility.