Latcore SA (France) Probability of Future Stock Price Finishing Over 0.007613
| LAT Stock | EUR 0.01 0 16.22% |
Latcore |
Latcore SA Target Price Odds to finish over 0.007613
The tendency of Latcore 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 stay above € 0.01 in 90 days |
| 0.01 | 90 days | 0.01 | about 59.41 |
Based on a normal probability distribution, the odds of Latcore SA to stay above € 0.01 in 90 days from now is about 59.41 (This Latcore SA probability density function shows the probability of Latcore Stock to fall within a particular range of prices over 90 days) . Probability of Latcore SA price to stay between € 0.01 and its current price of €0.0086 at the end of the 90-day period is about 30.78 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.48 . This 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, Latcore SA will likely underperform. Additionally Latcore SA has an alpha of 0.153, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Latcore SA Price Density |
| Price |
Predictive Modules for Latcore SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Latcore SA. 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.Latcore SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Latcore SA is not an exception. The market had few large corrections towards the Latcore SA'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 Latcore SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Latcore SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 1.48 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.03 |
Latcore SA 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 Latcore SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Latcore SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latcore SA had very high historical volatility over the last 90 days | |
| Latcore SA has some characteristics of a very speculative penny stock | |
| The company has €270.82 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 375.88 M. Net Loss for the year was (110.97 M) with profit before overhead, payroll, taxes, and interest of 126.97 M. | |
| Latcore SA has accumulated about 112.22 M in cash with (26.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 76.0% of the company shares are owned by institutional investors |
Latcore SA 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 Latcore Stock often depends not only on the future outlook of the current and potential Latcore SA'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. Latcore SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 277.6 M | |
| Cash And Short Term Investments | 277.7 M |
Latcore SA Technical Analysis
Latcore SA's future price can be derived by breaking down and analyzing its technical indicators over time. Latcore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Latcore SA. In general, you should focus on analyzing Latcore Stock price patterns and their correlations with different microeconomic environments and drivers.
Latcore SA Predictive Forecast Models
Latcore SA's time-series forecasting models is one of many Latcore SA'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 Latcore SA'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 Latcore SA
Checking the ongoing alerts about Latcore SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Latcore SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latcore SA had very high historical volatility over the last 90 days | |
| Latcore SA has some characteristics of a very speculative penny stock | |
| The company has €270.82 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 375.88 M. Net Loss for the year was (110.97 M) with profit before overhead, payroll, taxes, and interest of 126.97 M. | |
| Latcore SA has accumulated about 112.22 M in cash with (26.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 76.0% of the company shares are owned by institutional investors |
Other Information on Investing in Latcore Stock
Latcore SA financial ratios help investors to determine whether Latcore 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 Latcore with respect to the benefits of owning Latcore SA security.