Local Bounti Corp Stock Probability of Future Stock Price Finishing Under 2.68
| LOCL Stock | USD 1.67 0.08 4.57% |
Local |
Local Bounti Target Price Odds to finish below 2.68
The tendency of Local 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 $ 2.68 after 90 days |
| 1.67 | 90 days | 2.68 | about 81.08 |
Based on a normal probability distribution, the odds of Local Bounti to stay under $ 2.68 after 90 days from now is about 81.08 (This Local Bounti Corp probability density function shows the probability of Local Stock to fall within a particular range of prices over 90 days) . Probability of Local Bounti Corp price to stay between its current price of $ 1.67 and $ 2.68 at the end of the 90-day period is about 81.03 .
Given the investment horizon of 90 days Local Bounti has a beta of 0.8. This indicates as returns on the market go up, Local Bounti average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Local Bounti Corp will be expected to be much smaller as well. Additionally Local Bounti 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. Local Bounti Price Density |
| Price |
Predictive Modules for Local Bounti
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Local Bounti 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 Local Bounti'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.
Local Bounti Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Local Bounti is not an exception. The market had few large corrections towards the Local Bounti'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 Local Bounti Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Local Bounti within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.19 |
Local Bounti 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 Local Bounti for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Local Bounti 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.| Local Bounti Corp generated a negative expected return over the last 90 days | |
| Local Bounti Corp may become a speculative penny stock | |
| Local Bounti Corp has high historical volatility and very poor performance | |
| Local Bounti Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 27.56 M. Net Loss for the year was (124.02 M) with profit before overhead, payroll, taxes, and interest of 3.99 M. | |
| Local Bounti Corp currently holds about 4.23 M in cash with (33.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Local Bounti Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Local Bounti Announces Third Quarter 2024 Financial Results - GuruFocus.com |
Local Bounti 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 Local Stock often depends not only on the future outlook of the current and potential Local Bounti'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. Local Bounti's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.9 M | |
| Cash And Short Term Investments | 10.3 M |
Local Bounti Technical Analysis
Local Bounti's future price can be derived by breaking down and analyzing its technical indicators over time. Local Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Local Bounti Corp. In general, you should focus on analyzing Local Stock price patterns and their correlations with different microeconomic environments and drivers.
Local Bounti Predictive Forecast Models
Local Bounti's time-series forecasting models is one of many Local Bounti'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 Local Bounti'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 Local Bounti Corp
Checking the ongoing alerts about Local Bounti for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Local Bounti Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Local Bounti Corp generated a negative expected return over the last 90 days | |
| Local Bounti Corp may become a speculative penny stock | |
| Local Bounti Corp has high historical volatility and very poor performance | |
| Local Bounti Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 27.56 M. Net Loss for the year was (124.02 M) with profit before overhead, payroll, taxes, and interest of 3.99 M. | |
| Local Bounti Corp currently holds about 4.23 M in cash with (33.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Local Bounti Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Local Bounti Announces Third Quarter 2024 Financial Results - GuruFocus.com |
Check out Local Bounti Backtesting, Local Bounti Valuation, Local Bounti Correlation, Local Bounti Hype Analysis, Local Bounti Volatility, Local Bounti History as well as Local Bounti Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Packaged Foods & Meats 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 Local Bounti. If investors know Local 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 Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.11) | Revenue Per Share 3.835 | Quarterly Revenue Growth 0.315 | Return On Assets (0.1) | Return On Equity (4.25) |
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti'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 Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti'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 Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti'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.