Laurentian Bank Stock Probability of Future Stock Price Finishing Over 29.93
| LB Stock | CAD 28.50 0.07 0.25% |
Laurentian |
Laurentian Bank Target Price Odds to finish over 29.93
The tendency of Laurentian 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$ 29.93 or more in 90 days |
| 28.50 | 90 days | 29.93 | near 1 |
Based on a normal probability distribution, the odds of Laurentian Bank to move over C$ 29.93 or more in 90 days from now is near 1 (This Laurentian Bank probability density function shows the probability of Laurentian Stock to fall within a particular range of prices over 90 days) . Probability of Laurentian Bank price to stay between its current price of C$ 28.50 and C$ 29.93 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Laurentian Bank has a beta of 0.38. This indicates as returns on the market go up, Laurentian Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Laurentian Bank will be expected to be much smaller as well. Additionally Laurentian Bank has an alpha of 0.1033, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Laurentian Bank Price Density |
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Predictive Modules for Laurentian Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Laurentian Bank. 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 Laurentian Bank'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.
Laurentian Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Laurentian Bank is not an exception. The market had few large corrections towards the Laurentian Bank'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 Laurentian Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Laurentian Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | 0.03 |
Laurentian Bank 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 Laurentian Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Laurentian Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Laurentian Bank has high likelihood to experience some financial distress in the next 2 years | |
| Laurentian Bank has accumulated about 7.05 B in cash with (580.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 163.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Laurentian Bank of Canada Shares Pass Above 200-Day Moving Average - Time to Sell - MarketBeat |
Laurentian Bank 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 Laurentian Stock often depends not only on the future outlook of the current and potential Laurentian Bank'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. Laurentian Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.5 M | |
| Cash And Short Term Investments | 1.5 B |
Laurentian Bank Technical Analysis
Laurentian Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Laurentian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Laurentian Bank. In general, you should focus on analyzing Laurentian Stock price patterns and their correlations with different microeconomic environments and drivers.
Laurentian Bank Predictive Forecast Models
Laurentian Bank's time-series forecasting models is one of many Laurentian Bank'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 Laurentian Bank'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 Laurentian Bank
Checking the ongoing alerts about Laurentian Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Laurentian Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Laurentian Bank has high likelihood to experience some financial distress in the next 2 years | |
| Laurentian Bank has accumulated about 7.05 B in cash with (580.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 163.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Laurentian Bank of Canada Shares Pass Above 200-Day Moving Average - Time to Sell - MarketBeat |
Other Information on Investing in Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.