Loblaw Companies Limited Stock Probability of Future Stock Price Finishing Over 193.87
| L Stock | CAD 191.90 1.28 0.67% |
Loblaw |
Loblaw Companies Target Price Odds to finish over 193.87
The tendency of Loblaw 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 C$ 193.87 or more in 90 days |
| 191.90 | 90 days | 193.87 | roughly 2.57 |
Based on a normal probability distribution, the odds of Loblaw Companies to move over C$ 193.87 or more in 90 days from now is roughly 2.57 (This Loblaw Companies Limited probability density function shows the probability of Loblaw Stock to fall within a particular range of prices over 90 days) . Probability of Loblaw Companies price to stay between its current price of C$ 191.90 and C$ 193.87 at the end of the 90-day period is roughly 2.35 .
Given the investment horizon of 90 days Loblaw Companies has a beta of 0.15. This indicates as returns on the market go up, Loblaw Companies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Loblaw Companies Limited will be expected to be much smaller as well. Additionally Loblaw Companies Limited has an alpha of 0.1408, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Loblaw Companies Price Density |
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Predictive Modules for Loblaw Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loblaw Companies. 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 Loblaw Companies' 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.
Loblaw Companies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Loblaw Companies is not an exception. The market had few large corrections towards the Loblaw Companies' 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 Loblaw Companies Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Loblaw Companies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 6.65 | |
Ir | Information ratio | 0.12 |
Loblaw Companies 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 Loblaw Companies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Loblaw Companies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Loblaw Companies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 54.0% of the company outstanding shares are owned by corporate insiders | |
| On 10th of December 2024 Loblaw Companies paid C$ 0.0625 per share dividend to its current shareholders | |
| Latest headline from news.google.com: LOBLAW COMPANIES LIMITED COMPLETES ISSUANCE OF 400 MILLION OF SENIOR UNSECURED NOTES - Barchart |
Loblaw Companies 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 Loblaw Stock often depends not only on the future outlook of the current and potential Loblaw Companies' 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. Loblaw Companies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 320 M | |
| Cash And Short Term Investments | 2 B |
Loblaw Companies Technical Analysis
Loblaw Companies' future price can be derived by breaking down and analyzing its technical indicators over time. Loblaw Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Loblaw Companies Limited. In general, you should focus on analyzing Loblaw Stock price patterns and their correlations with different microeconomic environments and drivers.
Loblaw Companies Predictive Forecast Models
Loblaw Companies' time-series forecasting models is one of many Loblaw Companies' 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 Loblaw Companies' 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 Loblaw Companies
Checking the ongoing alerts about Loblaw Companies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Loblaw Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Loblaw Companies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 54.0% of the company outstanding shares are owned by corporate insiders | |
| On 10th of December 2024 Loblaw Companies paid C$ 0.0625 per share dividend to its current shareholders | |
| Latest headline from news.google.com: LOBLAW COMPANIES LIMITED COMPLETES ISSUANCE OF 400 MILLION OF SENIOR UNSECURED NOTES - Barchart |
Other Information on Investing in Loblaw Stock
Loblaw Companies financial ratios help investors to determine whether Loblaw Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loblaw with respect to the benefits of owning Loblaw Companies security.