Logan Ridge Finance Stock Probability of Future Stock Price Finishing Under 21.37
| LRFC Stock | USD 24.93 0.46 1.81% |
Logan |
Logan Ridge Target Price Odds to finish below 21.37
The tendency of Logan 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 drop to $ 21.37 or more in 90 days |
| 24.93 | 90 days | 21.37 | about 5.44 |
Based on a normal probability distribution, the odds of Logan Ridge to drop to $ 21.37 or more in 90 days from now is about 5.44 (This Logan Ridge Finance probability density function shows the probability of Logan Stock to fall within a particular range of prices over 90 days) . Probability of Logan Ridge Finance price to stay between $ 21.37 and its current price of $24.93 at the end of the 90-day period is about 78.63 .
Given the investment horizon of 90 days Logan Ridge Finance has a beta of -0.1. This indicates as returns on the benchmark increase, returns on holding Logan Ridge are expected to decrease at a much lower rate. During a bear market, however, Logan Ridge Finance is likely to outperform the market. Additionally Logan Ridge Finance has an alpha of 0.2502, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Logan Ridge Price Density |
| Price |
Predictive Modules for Logan Ridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logan Ridge Finance. 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.Logan Ridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Logan Ridge is not an exception. The market had few large corrections towards the Logan Ridge'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 Logan Ridge Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Logan Ridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | 0.07 |
Logan Ridge 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 Logan Ridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Logan Ridge Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 3.78 M. Net Loss for the year was (2.48 M) with profit before overhead, payroll, taxes, and interest of 14.93 M. | |
| Logan Ridge Finance has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Logan Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 - Marketscreener.com |
Logan Ridge 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 Logan Stock often depends not only on the future outlook of the current and potential Logan Ridge'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. Logan Ridge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 M | |
| Cash And Short Term Investments | 22.3 M |
Logan Ridge Technical Analysis
Logan Ridge's future price can be derived by breaking down and analyzing its technical indicators over time. Logan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Logan Ridge Finance. In general, you should focus on analyzing Logan Stock price patterns and their correlations with different microeconomic environments and drivers.
Logan Ridge Predictive Forecast Models
Logan Ridge's time-series forecasting models is one of many Logan Ridge'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 Logan Ridge'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 Logan Ridge Finance
Checking the ongoing alerts about Logan Ridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Logan Ridge Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 3.78 M. Net Loss for the year was (2.48 M) with profit before overhead, payroll, taxes, and interest of 14.93 M. | |
| Logan Ridge Finance has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Logan Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 - Marketscreener.com |
Check out Logan Ridge Backtesting, Logan Ridge Valuation, Logan Ridge Correlation, Logan Ridge Hype Analysis, Logan Ridge Volatility, Logan Ridge History as well as Logan Ridge Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.28 | Earnings Share (1.22) | Revenue Per Share 7.449 | Quarterly Revenue Growth (0) | Return On Assets 0.0381 |
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge'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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge'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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge'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.