Latitude Financial (Australia) Probability of Future Stock Price Finishing Under 1.15
| LFS Stock | 1.15 0.01 0.86% |
Latitude |
Latitude Financial Target Price Odds to finish below 1.15
The tendency of Latitude 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 below current price in 90 days |
| 1.15 | 90 days | 1.15 | about 48.2 |
Based on a normal probability distribution, the odds of Latitude Financial to move below current price in 90 days from now is about 48.2 (This Latitude Financial Services probability density function shows the probability of Latitude Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Latitude Financial Services has a beta of -0.0758. This indicates as returns on the benchmark increase, returns on holding Latitude Financial are expected to decrease at a much lower rate. During a bear market, however, Latitude Financial Services is likely to outperform the market. Additionally Latitude Financial Services 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. Latitude Financial Price Density |
| Price |
Predictive Modules for Latitude Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Latitude Financial. 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.Latitude Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Latitude Financial is not an exception. The market had few large corrections towards the Latitude Financial'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 Latitude Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Latitude Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.18 |
Latitude Financial 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 Latitude Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Latitude Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latitude Financial generated a negative expected return over the last 90 days | |
| Latitude Financial may become a speculative penny stock | |
| Latitude Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 407.3 M. Net Loss for the year was (137.3 M) with profit before overhead, payroll, taxes, and interest of 413 M. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Latitude Group Holdings Appoints Stefano Tognon as Interim Chief Financial Officer, Effective 1 January 2025 - Marketscreener.com |
Latitude Financial 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 Latitude Stock often depends not only on the future outlook of the current and potential Latitude Financial'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. Latitude Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B | |
| Cash And Short Term Investments | 250.7 M |
Latitude Financial Technical Analysis
Latitude Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Latitude Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Latitude Financial Services. In general, you should focus on analyzing Latitude Stock price patterns and their correlations with different microeconomic environments and drivers.
Latitude Financial Predictive Forecast Models
Latitude Financial's time-series forecasting models is one of many Latitude Financial'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 Latitude Financial'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 Latitude Financial
Checking the ongoing alerts about Latitude Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Latitude Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latitude Financial generated a negative expected return over the last 90 days | |
| Latitude Financial may become a speculative penny stock | |
| Latitude Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 407.3 M. Net Loss for the year was (137.3 M) with profit before overhead, payroll, taxes, and interest of 413 M. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Latitude Group Holdings Appoints Stefano Tognon as Interim Chief Financial Officer, Effective 1 January 2025 - Marketscreener.com |
Additional Tools for Latitude Stock Analysis
When running Latitude Financial's price analysis, check to measure Latitude Financial'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 Latitude Financial is operating at the current time. Most of Latitude Financial's value examination focuses on studying past and present price action to predict the probability of Latitude Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Latitude Financial's price. Additionally, you may evaluate how the addition of Latitude Financial to your portfolios can decrease your overall portfolio volatility.