Loop Industries Stock Probability of Future Stock Price Finishing Over 1.32
| LOOP Stock | USD 1.32 0.07 5.60% |
Loop |
Loop Industries Target Price Odds to finish over 1.32
The tendency of Loop 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 above the current price in 90 days |
| 1.32 | 90 days | 1.32 | about 84.13 |
Based on a normal probability distribution, the odds of Loop Industries to move above the current price in 90 days from now is about 84.13 (This Loop Industries probability density function shows the probability of Loop Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.78 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Loop Industries will likely underperform. Additionally Loop Industries 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. Loop Industries Price Density |
| Price |
Predictive Modules for Loop Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loop Industries. 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.Loop Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Loop Industries is not an exception. The market had few large corrections towards the Loop Industries' 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 Loop Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Loop Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.78 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.0008 |
Loop Industries 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 Loop Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Loop Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Loop Industries generated a negative expected return over the last 90 days | |
| Loop Industries has high historical volatility and very poor performance | |
| Loop Industries may become a speculative penny stock | |
| Loop Industries has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 153 K. Net Loss for the year was (21.09 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Loop Industries currently holds about 23.08 M in cash with (18.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Loop Industries has a frail financial position based on the latest SEC disclosures | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Stubina Jay Howard of 36069 shares of Loop Industries subject to Rule 16b-3 |
Loop Industries 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 Loop Stock often depends not only on the future outlook of the current and potential Loop Industries' 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. Loop Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.5 M | |
| Cash And Short Term Investments | 7 M |
Loop Industries Technical Analysis
Loop Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Loop Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Loop Industries. In general, you should focus on analyzing Loop Stock price patterns and their correlations with different microeconomic environments and drivers.
Loop Industries Predictive Forecast Models
Loop Industries' time-series forecasting models is one of many Loop Industries' 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 Loop Industries' 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 Loop Industries
Checking the ongoing alerts about Loop Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Loop Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Loop Industries generated a negative expected return over the last 90 days | |
| Loop Industries has high historical volatility and very poor performance | |
| Loop Industries may become a speculative penny stock | |
| Loop Industries has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 153 K. Net Loss for the year was (21.09 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Loop Industries currently holds about 23.08 M in cash with (18.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Loop Industries has a frail financial position based on the latest SEC disclosures | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Stubina Jay Howard of 36069 shares of Loop Industries subject to Rule 16b-3 |
Additional Tools for Loop Stock Analysis
When running Loop Industries' price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.