Lucara Diamond Corp Stock Probability of Future Pink Sheet Price Finishing Over 11.16

LUCRF Stock  USD 0.38  0.01  2.56%   
Lucara Diamond's future price is the expected price of Lucara Diamond instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Lucara Diamond Corp performance during a given time horizon utilizing its historical volatility. Check out Lucara Diamond Backtesting, Lucara Diamond Valuation, Lucara Diamond Correlation, Lucara Diamond Hype Analysis, Lucara Diamond Volatility, Lucara Diamond History as well as Lucara Diamond Performance.
  
Please specify Lucara Diamond's target price for which you would like Lucara Diamond odds to be computed.

Lucara Diamond Target Price Odds to finish over 11.16

The tendency of Lucara Pink Sheet 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 PriceHorizonTarget PriceOdds to move over $ 11.16  or more in 90 days
 0.38 90 days 11.16 
close to zero percent
Based on a normal probability distribution, the odds of Lucara Diamond to move over $ 11.16  or more in 90 days from now is close to zero percent (This Lucara Diamond Corp probability density function shows the probability of Lucara Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Lucara Diamond Corp price to stay between its current price of $ 0.38  and $ 11.16  at the end of the 90-day period is about 11.69 .
Assuming the 90 days horizon Lucara Diamond has a beta of 0.98. This indicates Lucara Diamond Corp market returns are reactive to returns on the market. As the market goes up or down, Lucara Diamond is expected to follow. Additionally Lucara Diamond Corp has an alpha of 0.2696, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Lucara Diamond Price Density   
       Price  

Predictive Modules for Lucara Diamond

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lucara Diamond Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Hype
Prediction
LowEstimatedHigh
0.020.383.97
Details
Intrinsic
Valuation
LowRealHigh
0.020.323.91
Details
Naive
Forecast
LowNextHigh
0.010.403.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.330.370.41
Details

Lucara Diamond Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Lucara Diamond is not an exception. The market had few large corrections towards the Lucara Diamond'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 Lucara Diamond Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lucara Diamond within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.27
β
Beta against Dow Jones0.98
σ
Overall volatility
0.03
Ir
Information ratio 0.07

Lucara Diamond 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 Lucara Diamond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lucara Diamond 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.
Lucara Diamond Corp has some characteristics of a very speculative penny stock
Lucara Diamond Corp had very high historical volatility over the last 90 days
About 27.0% of the company outstanding shares are owned by corporate insiders

Lucara Diamond 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 Lucara Pink Sheet often depends not only on the future outlook of the current and potential Lucara Diamond'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. Lucara Diamond's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding453 M

Lucara Diamond Technical Analysis

Lucara Diamond's future price can be derived by breaking down and analyzing its technical indicators over time. Lucara Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lucara Diamond Corp. In general, you should focus on analyzing Lucara Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Lucara Diamond Predictive Forecast Models

Lucara Diamond's time-series forecasting models is one of many Lucara Diamond's pink sheet 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 Lucara Diamond'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 pink sheet market movement and maximize returns from investment trading.

Things to note about Lucara Diamond Corp

Checking the ongoing alerts about Lucara Diamond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lucara Diamond Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Lucara Diamond Corp has some characteristics of a very speculative penny stock
Lucara Diamond Corp had very high historical volatility over the last 90 days
About 27.0% of the company outstanding shares are owned by corporate insiders

Other Information on Investing in Lucara Pink Sheet

Lucara Diamond financial ratios help investors to determine whether Lucara Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lucara with respect to the benefits of owning Lucara Diamond security.