Latamgrowth Spac Stock Probability of Future Stock Price Finishing Under 11.59
| LATG Stock | USD 11.68 0.01 0.09% |
LatAmGrowth |
LatAmGrowth SPAC Target Price Odds to finish below 11.59
The tendency of LatAmGrowth 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 drop to $ 11.59 or more in 90 days |
| 11.68 | 90 days | 11.59 | about 48.41 |
Based on a normal probability distribution, the odds of LatAmGrowth SPAC to drop to $ 11.59 or more in 90 days from now is about 48.41 (This LatAmGrowth SPAC probability density function shows the probability of LatAmGrowth Stock to fall within a particular range of prices over 90 days) . Probability of LatAmGrowth SPAC price to stay between $ 11.59 and its current price of $11.68 at the end of the 90-day period is about 39.12 .
Given the investment horizon of 90 days LatAmGrowth SPAC has a beta of -0.0119. This indicates as returns on the benchmark increase, returns on holding LatAmGrowth SPAC are expected to decrease at a much lower rate. During a bear market, however, LatAmGrowth SPAC is likely to outperform the market. Additionally LatAmGrowth SPAC has an alpha of 0.0163, implying that it can generate a 0.0163 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LatAmGrowth SPAC Price Density |
| Price |
Predictive Modules for LatAmGrowth SPAC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LatAmGrowth SPAC. 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 LatAmGrowth SPAC'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.
LatAmGrowth SPAC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LatAmGrowth SPAC is not an exception. The market had few large corrections towards the LatAmGrowth SPAC'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 LatAmGrowth SPAC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LatAmGrowth SPAC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -1.35 |
LatAmGrowth SPAC 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 LatAmGrowth SPAC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LatAmGrowth SPAC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LatAmGrowth SPAC currently holds about 1.41 M in cash with (747.38 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| LatAmGrowth SPAC has a frail financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Meteora Capital, LLC Expands Stake in Chenghe Acquisition I Co |
LatAmGrowth SPAC 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 LatAmGrowth Stock often depends not only on the future outlook of the current and potential LatAmGrowth SPAC'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. LatAmGrowth SPAC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 43.6 M |
LatAmGrowth SPAC Technical Analysis
LatAmGrowth SPAC's future price can be derived by breaking down and analyzing its technical indicators over time. LatAmGrowth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LatAmGrowth SPAC. In general, you should focus on analyzing LatAmGrowth Stock price patterns and their correlations with different microeconomic environments and drivers.
LatAmGrowth SPAC Predictive Forecast Models
LatAmGrowth SPAC's time-series forecasting models is one of many LatAmGrowth SPAC'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 LatAmGrowth SPAC'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 LatAmGrowth SPAC
Checking the ongoing alerts about LatAmGrowth SPAC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LatAmGrowth SPAC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LatAmGrowth SPAC currently holds about 1.41 M in cash with (747.38 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| LatAmGrowth SPAC has a frail financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Meteora Capital, LLC Expands Stake in Chenghe Acquisition I Co |
Check out LatAmGrowth SPAC Backtesting, LatAmGrowth SPAC Valuation, LatAmGrowth SPAC Correlation, LatAmGrowth SPAC Hype Analysis, LatAmGrowth SPAC Volatility, LatAmGrowth SPAC History as well as LatAmGrowth SPAC Performance. For more detail on how to invest in LatAmGrowth Stock please use our How to Invest in LatAmGrowth SPAC guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks 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 LatAmGrowth SPAC. If investors know LatAmGrowth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LatAmGrowth SPAC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (0.36) | Return On Assets (0.03) |
The market value of LatAmGrowth SPAC is measured differently than its book value, which is the value of LatAmGrowth that is recorded on the company's balance sheet. Investors also form their own opinion of LatAmGrowth SPAC's value that differs from its market value or its book value, called intrinsic value, which is LatAmGrowth SPAC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LatAmGrowth SPAC's market value can be influenced by many factors that don't directly affect LatAmGrowth SPAC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LatAmGrowth SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LatAmGrowth SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LatAmGrowth SPAC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.