Logicmark Stock Probability of Future Stock Price Finishing Under 2.09
| LGMK Stock | USD 1.88 0.17 8.29% |
LogicMark |
LogicMark Target Price Odds to finish below 2.09
The tendency of LogicMark 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 stay under $ 2.09 after 90 days |
| 1.88 | 90 days | 2.09 | about 8.34 |
Based on a normal probability distribution, the odds of LogicMark to stay under $ 2.09 after 90 days from now is about 8.34 (This LogicMark probability density function shows the probability of LogicMark Stock to fall within a particular range of prices over 90 days) . Probability of LogicMark price to stay between its current price of $ 1.88 and $ 2.09 at the end of the 90-day period is roughly 2.99 .
Given the investment horizon of 90 days LogicMark has a beta of -2.53. This indicates as returns on its benchmark rise, returns on holding LogicMark are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, LogicMark is expected to outperform its benchmark. Additionally LogicMark 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. LogicMark Price Density |
| Price |
Predictive Modules for LogicMark
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LogicMark. 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.LogicMark Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LogicMark is not an exception. The market had few large corrections towards the LogicMark'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 LogicMark, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LogicMark within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -2.53 | |
σ | Overall volatility | 0.92 | |
Ir | Information ratio | -0.05 |
LogicMark 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 LogicMark for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LogicMark can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LogicMark generated a negative expected return over the last 90 days | |
| LogicMark has high historical volatility and very poor performance | |
| LogicMark may become a speculative penny stock | |
| LogicMarkhas 3,808,594 shares shorted by LogicMark investors is about 200% of outstending shares | |
| The company reported the previous year's revenue of 9.93 M. Net Loss for the year was (14.55 M) with profit before overhead, payroll, taxes, and interest of 7.23 M. | |
| LogicMark currently holds about 11.14 M in cash with (4.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| LogicMark has a poor financial position based on the latest SEC disclosures | |
| Roughly 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from benzinga.com: LogicMark Offers Safety Technology for Free To American Veterans Nationwide |
LogicMark 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 LogicMark Stock often depends not only on the future outlook of the current and potential LogicMark'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. LogicMark's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 M | |
| Cash And Short Term Investments | 6.4 M |
LogicMark Technical Analysis
LogicMark's future price can be derived by breaking down and analyzing its technical indicators over time. LogicMark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LogicMark. In general, you should focus on analyzing LogicMark Stock price patterns and their correlations with different microeconomic environments and drivers.
LogicMark Predictive Forecast Models
LogicMark's time-series forecasting models is one of many LogicMark'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 LogicMark'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 LogicMark
Checking the ongoing alerts about LogicMark for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LogicMark help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LogicMark generated a negative expected return over the last 90 days | |
| LogicMark has high historical volatility and very poor performance | |
| LogicMark may become a speculative penny stock | |
| LogicMarkhas 3,808,594 shares shorted by LogicMark investors is about 200% of outstending shares | |
| The company reported the previous year's revenue of 9.93 M. Net Loss for the year was (14.55 M) with profit before overhead, payroll, taxes, and interest of 7.23 M. | |
| LogicMark currently holds about 11.14 M in cash with (4.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| LogicMark has a poor financial position based on the latest SEC disclosures | |
| Roughly 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from benzinga.com: LogicMark Offers Safety Technology for Free To American Veterans Nationwide |
Check out LogicMark Backtesting, LogicMark Valuation, LogicMark Correlation, LogicMark Hype Analysis, LogicMark Volatility, LogicMark History as well as LogicMark Performance. For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Electronic Equipment, Instruments & Components 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 LogicMark. If investors know LogicMark 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 LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (206.75) | Revenue Per Share 5.212 | Quarterly Revenue Growth 0.004 | Return On Assets (0.23) | Return On Equity (0.80) |
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark'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 LogicMark's market value can be influenced by many factors that don't directly affect LogicMark'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 LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark'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.