Labrador Iron Ore Stock Probability of Future Stock Price Finishing Over 30.28
| LIF Stock | CAD 29.33 0.19 0.65% |
Labrador |
Labrador Iron Target Price Odds to finish over 30.28
The tendency of Labrador 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$ 30.28 or more in 90 days |
| 29.33 | 90 days | 30.28 | about 55.08 |
Based on a normal probability distribution, the odds of Labrador Iron to move over C$ 30.28 or more in 90 days from now is about 55.08 (This Labrador Iron Ore probability density function shows the probability of Labrador Stock to fall within a particular range of prices over 90 days) . Probability of Labrador Iron Ore price to stay between its current price of C$ 29.33 and C$ 30.28 at the end of the 90-day period is about 23.77 .
Assuming the 90 days trading horizon Labrador Iron Ore has a beta of -0.33. This indicates as returns on the benchmark increase, returns on holding Labrador Iron are expected to decrease at a much lower rate. During a bear market, however, Labrador Iron Ore is likely to outperform the market. Additionally Labrador Iron Ore has an alpha of 0.041, implying that it can generate a 0.041 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Labrador Iron Price Density |
| Price |
Predictive Modules for Labrador Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Labrador Iron Ore. 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.Labrador Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Labrador Iron is not an exception. The market had few large corrections towards the Labrador Iron'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 Labrador Iron Ore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Labrador Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | -0.09 |
Labrador Iron 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 Labrador Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Labrador Iron Ore can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Labrador Iron Ore generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: LIFZF Interest Coverage No Debt - GuruFocus.com |
Labrador Iron 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 Labrador Stock often depends not only on the future outlook of the current and potential Labrador Iron'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. Labrador Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64 M | |
| Cash And Short Term Investments | 13.2 M |
Labrador Iron Technical Analysis
Labrador Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Labrador Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Labrador Iron Ore. In general, you should focus on analyzing Labrador Stock price patterns and their correlations with different microeconomic environments and drivers.
Labrador Iron Predictive Forecast Models
Labrador Iron's time-series forecasting models is one of many Labrador Iron'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 Labrador Iron'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 Labrador Iron Ore
Checking the ongoing alerts about Labrador Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Labrador Iron Ore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Labrador Iron Ore generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: LIFZF Interest Coverage No Debt - GuruFocus.com |
Other Information on Investing in Labrador Stock
Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.