Luokung Technology Corp Stock Probability of Future Stock Price Finishing Over 1.84
| LKCO Stock | USD 1.77 0.05 2.75% |
Luokung |
Luokung Technology Target Price Odds to finish over 1.84
The tendency of Luokung 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 $ 1.84 or more in 90 days |
| 1.77 | 90 days | 1.84 | about 71.21 |
Based on a normal probability distribution, the odds of Luokung Technology to move over $ 1.84 or more in 90 days from now is about 71.21 (This Luokung Technology Corp probability density function shows the probability of Luokung Stock to fall within a particular range of prices over 90 days) . Probability of Luokung Technology Corp price to stay between its current price of $ 1.77 and $ 1.84 at the end of the 90-day period is roughly 2.77 .
Given the investment horizon of 90 days Luokung Technology has a beta of 0.4. This indicates as returns on the market go up, Luokung Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Luokung Technology Corp will be expected to be much smaller as well. Additionally Luokung Technology 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. Luokung Technology Price Density |
| Price |
Predictive Modules for Luokung Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luokung Technology 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Luokung Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Luokung Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Luokung Technology is not an exception. The market had few large corrections towards the Luokung Technology'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 Luokung Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Luokung Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.1 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.15 |
Luokung Technology 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 Luokung Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Luokung Technology 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.| Luokung Technology generated a negative expected return over the last 90 days | |
| Luokung Technology has high historical volatility and very poor performance | |
| Luokung Technology may become a speculative penny stock | |
| Luokung Technology has a very high chance of going through financial distress in the upcoming years | |
| Luokung Technology Corp currently holds 53.23 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. Luokung Technology Corp has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Luokung Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 10.24 M. Net Loss for the year was (181.33 M) with profit before overhead, payroll, taxes, and interest of 15.65 M. | |
| Luokung Technology Corp currently holds about 16.44 M in cash with (420.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Latest headline from news.google.com: LUOKUNG TECHNOLOGY CORP- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com |
Luokung Technology Technical Analysis
Luokung Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Luokung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luokung Technology Corp. In general, you should focus on analyzing Luokung Stock price patterns and their correlations with different microeconomic environments and drivers.
Luokung Technology Predictive Forecast Models
Luokung Technology's time-series forecasting models is one of many Luokung Technology'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 Luokung Technology'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 Luokung Technology Corp
Checking the ongoing alerts about Luokung Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Luokung Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Luokung Technology generated a negative expected return over the last 90 days | |
| Luokung Technology has high historical volatility and very poor performance | |
| Luokung Technology may become a speculative penny stock | |
| Luokung Technology has a very high chance of going through financial distress in the upcoming years | |
| Luokung Technology Corp currently holds 53.23 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. Luokung Technology Corp has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Luokung Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 10.24 M. Net Loss for the year was (181.33 M) with profit before overhead, payroll, taxes, and interest of 15.65 M. | |
| Luokung Technology Corp currently holds about 16.44 M in cash with (420.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Latest headline from news.google.com: LUOKUNG TECHNOLOGY CORP- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com |
Check out Luokung Technology Backtesting, Luokung Technology Valuation, Luokung Technology Correlation, Luokung Technology Hype Analysis, Luokung Technology Volatility, Luokung Technology History as well as Luokung Technology Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Interactive Media & Services 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (652.40) | Revenue Per Share 4.604 | Quarterly Revenue Growth (0.87) | Return On Assets (0.44) | Return On Equity (4.47) |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.