Lion Electric Corp Stock Probability of Future Stock Price Finishing Over 0.36
| LEV Stock | CAD 0.28 0.01 3.70% |
Lion |
Lion Electric Target Price Odds to finish over 0.36
The tendency of Lion 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$ 0.36 or more in 90 days |
| 0.28 | 90 days | 0.36 | about 98.0 |
Based on a normal probability distribution, the odds of Lion Electric to move over C$ 0.36 or more in 90 days from now is about 98.0 (This Lion Electric Corp probability density function shows the probability of Lion Stock to fall within a particular range of prices over 90 days) . Probability of Lion Electric Corp price to stay between its current price of C$ 0.28 and C$ 0.36 at the end of the 90-day period is about 1.21 .
Assuming the 90 days trading horizon Lion Electric has a beta of 0.46. This indicates as returns on the market go up, Lion Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lion Electric Corp will be expected to be much smaller as well. Additionally Lion Electric Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Lion Electric Price Density |
| Price |
Predictive Modules for Lion Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lion Electric Corp. 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.Lion Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lion Electric is not an exception. The market had few large corrections towards the Lion Electric'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 Lion Electric Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lion Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.71 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.26 |
Lion Electric 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 Lion Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lion Electric Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lion Electric Corp generated a negative expected return over the last 90 days | |
| Lion Electric Corp has high historical volatility and very poor performance | |
| Lion Electric Corp has some characteristics of a very speculative penny stock | |
| Lion Electric Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 253.5 M. Net Loss for the year was (103.77 M) with loss before overhead, payroll, taxes, and interest of (12.95 M). | |
| Lion Electric Corp has accumulated about 83 M in cash with (110.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stocks In Play The Lion Electric Company By Baystreet.ca - Investing.com Canada |
Lion Electric 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 Lion Stock often depends not only on the future outlook of the current and potential Lion Electric'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. Lion Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224.3 M | |
| Cash And Short Term Investments | 29.9 M |
Lion Electric Technical Analysis
Lion Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Lion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lion Electric Corp. In general, you should focus on analyzing Lion Stock price patterns and their correlations with different microeconomic environments and drivers.
Lion Electric Predictive Forecast Models
Lion Electric's time-series forecasting models is one of many Lion Electric'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 Lion Electric'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 Lion Electric Corp
Checking the ongoing alerts about Lion Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lion Electric Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lion Electric Corp generated a negative expected return over the last 90 days | |
| Lion Electric Corp has high historical volatility and very poor performance | |
| Lion Electric Corp has some characteristics of a very speculative penny stock | |
| Lion Electric Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 253.5 M. Net Loss for the year was (103.77 M) with loss before overhead, payroll, taxes, and interest of (12.95 M). | |
| Lion Electric Corp has accumulated about 83 M in cash with (110.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stocks In Play The Lion Electric Company By Baystreet.ca - Investing.com Canada |
Check out Lion Electric Backtesting, Lion Electric Valuation, Lion Electric Correlation, Lion Electric Hype Analysis, Lion Electric Volatility, Lion Electric History as well as Lion Electric Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.