Lara Exploration Stock Probability of Future Stock Price Finishing Over 1.05
| LRA Stock | CAD 1.41 0.01 0.71% |
Lara |
Lara Exploration Target Price Odds to finish over 1.05
The tendency of Lara 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 above C$ 1.05 in 90 days |
| 1.41 | 90 days | 1.05 | about 86.43 |
Based on a normal probability distribution, the odds of Lara Exploration to stay above C$ 1.05 in 90 days from now is about 86.43 (This Lara Exploration probability density function shows the probability of Lara Stock to fall within a particular range of prices over 90 days) . Probability of Lara Exploration price to stay between C$ 1.05 and its current price of C$1.41 at the end of the 90-day period is about 62.23 .
Assuming the 90 days horizon Lara Exploration has a beta of 0.2. This indicates as returns on the market go up, Lara Exploration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lara Exploration will be expected to be much smaller as well. Additionally Lara Exploration has an alpha of 0.5926, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lara Exploration Price Density |
| Price |
Predictive Modules for Lara Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lara Exploration. 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.Lara Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lara Exploration is not an exception. The market had few large corrections towards the Lara Exploration'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 Lara Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lara Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.14 |
Lara Exploration 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 Lara Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lara Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lara Exploration may become a speculative penny stock | |
| Lara Exploration had very high historical volatility over the last 90 days | |
| Net Loss for the year was (3.02 M) with loss before overhead, payroll, taxes, and interest of (48.71 K). | |
| Lara Exploration has accumulated about 1.62 M in cash with (2.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nova Pacific Metals Corp Quote - Press Release - The Globe and Mail |
Lara Exploration 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 Lara Stock often depends not only on the future outlook of the current and potential Lara Exploration'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. Lara Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.8 M | |
| Cash And Short Term Investments | 2.5 M |
Lara Exploration Technical Analysis
Lara Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Lara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lara Exploration. In general, you should focus on analyzing Lara Stock price patterns and their correlations with different microeconomic environments and drivers.
Lara Exploration Predictive Forecast Models
Lara Exploration's time-series forecasting models is one of many Lara Exploration'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 Lara Exploration'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 Lara Exploration
Checking the ongoing alerts about Lara Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lara Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lara Exploration may become a speculative penny stock | |
| Lara Exploration had very high historical volatility over the last 90 days | |
| Net Loss for the year was (3.02 M) with loss before overhead, payroll, taxes, and interest of (48.71 K). | |
| Lara Exploration has accumulated about 1.62 M in cash with (2.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nova Pacific Metals Corp Quote - Press Release - The Globe and Mail |
Additional Tools for Lara Stock Analysis
When running Lara Exploration's price analysis, check to measure Lara Exploration's 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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.