Location Based Techs Stock Probability of Future Pink Sheet Price Finishing Over 0.0042
| LBAS Stock | USD 0 0.0004 8.70% |
Location |
Location Based Target Price Odds to finish over 0.0042
The tendency of Location Pink Sheet 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 above the current price in 90 days |
| 0 | 90 days | 0 | about 61.7 |
Based on a normal probability distribution, the odds of Location Based to move above the current price in 90 days from now is about 61.7 (This Location Based Techs probability density function shows the probability of Location Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 3.03 . 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, Location Based will likely underperform. Moreover Location Based Techs has an alpha of 1.6768, implying that it can generate a 1.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Location Based Price Density |
| Price |
Predictive Modules for Location Based
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Location Based Techs. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Location Based Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Location Based is not an exception. The market had few large corrections towards the Location Based'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 Location Based Techs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Location Based within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.68 | |
β | Beta against Dow Jones | 3.03 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.11 |
Location Based 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 Location Based for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Location Based Techs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Location Based Techs is way too risky over 90 days horizon | |
| Location Based Techs has some characteristics of a very speculative penny stock | |
| Location Based Techs appears to be risky and price may revert if volatility continues | |
| Location Based Techs has high likelihood to experience some financial distress in the next 2 years | |
| Location Based Techs currently holds 4 M in liabilities with Debt to Equity (D/E) ratio of 1.62, which is about average as compared to similar companies. Location Based Techs has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Location Based until it has trouble settling it off, either with new capital or with free cash flow. So, Location Based's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Location Based Techs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Location to invest in growth at high rates of return. When we think about Location Based's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.7 M. Net Loss for the year was (5.15 M) with profit before overhead, payroll, taxes, and interest of 194.51 K. | |
| Location Based Techs currently holds about 236.99 K in cash with (2.65 M) of positive cash flow from operations. |
Location Based Technical Analysis
Location Based's future price can be derived by breaking down and analyzing its technical indicators over time. Location Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Location Based Techs. In general, you should focus on analyzing Location Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Location Based Predictive Forecast Models
Location Based's time-series forecasting models is one of many Location Based's pink sheet 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 Location Based'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Location Based Techs
Checking the ongoing alerts about Location Based for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Location Based Techs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Location Based Techs is way too risky over 90 days horizon | |
| Location Based Techs has some characteristics of a very speculative penny stock | |
| Location Based Techs appears to be risky and price may revert if volatility continues | |
| Location Based Techs has high likelihood to experience some financial distress in the next 2 years | |
| Location Based Techs currently holds 4 M in liabilities with Debt to Equity (D/E) ratio of 1.62, which is about average as compared to similar companies. Location Based Techs has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Location Based until it has trouble settling it off, either with new capital or with free cash flow. So, Location Based's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Location Based Techs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Location to invest in growth at high rates of return. When we think about Location Based's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.7 M. Net Loss for the year was (5.15 M) with profit before overhead, payroll, taxes, and interest of 194.51 K. | |
| Location Based Techs currently holds about 236.99 K in cash with (2.65 M) of positive cash flow from operations. |
Additional Tools for Location Pink Sheet Analysis
When running Location Based's price analysis, check to measure Location Based'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 Location Based is operating at the current time. Most of Location Based's value examination focuses on studying past and present price action to predict the probability of Location Based's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Location Based's price. Additionally, you may evaluate how the addition of Location Based to your portfolios can decrease your overall portfolio volatility.