Lyfe Etf Chance of Future Etf Price Finishing Under 34.03
| LYFE Etf | USD 34.03 0.27 0.79% |
LYFE |
LYFE Target Price Odds to finish below 34.03
The tendency of LYFE Etf 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 below current price in 90 days |
| 34.03 | 90 days | 34.03 | over 95.72 |
Based on a normal probability distribution, the odds of LYFE to move below current price in 90 days from now is over 95.72 (This LYFE probability density function shows the probability of LYFE Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days LYFE has a beta of 0.0864. This indicates as returns on the market go up, LYFE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LYFE will be expected to be much smaller as well. Additionally LYFE has an alpha of 0.099, implying that it can generate a 0.099 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LYFE Price Density |
| Price |
Predictive Modules for LYFE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LYFE. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.LYFE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LYFE is not an exception. The market had few large corrections towards the LYFE'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 LYFE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LYFE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | 0.01 |
LYFE 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 LYFE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LYFE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LYFE is not yet fully synchronised with the market data | |
| LYFE currently holds 341.47 K in liabilities. LYFE has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist LYFE until it has trouble settling it off, either with new capital or with free cash flow. So, LYFE's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LYFE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LYFE to invest in growth at high rates of return. When we think about LYFE's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 92.03 K. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 91.33 K. | |
| LYFE currently holds about 18 in cash with (451.77 K) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| The fund maintains 98.08% of its assets in stocks |
LYFE 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 LYFE Etf often depends not only on the future outlook of the current and potential LYFE'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. LYFE's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 2.35k | |
| Average Daily Volume In Three Month | 1.84k |
LYFE Technical Analysis
LYFE's future price can be derived by breaking down and analyzing its technical indicators over time. LYFE Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LYFE. In general, you should focus on analyzing LYFE Etf price patterns and their correlations with different microeconomic environments and drivers.
LYFE Predictive Forecast Models
LYFE's time-series forecasting models is one of many LYFE's etf 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 LYFE'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 etf market movement and maximize returns from investment trading.
Things to note about LYFE
Checking the ongoing alerts about LYFE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LYFE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LYFE is not yet fully synchronised with the market data | |
| LYFE currently holds 341.47 K in liabilities. LYFE has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist LYFE until it has trouble settling it off, either with new capital or with free cash flow. So, LYFE's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LYFE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LYFE to invest in growth at high rates of return. When we think about LYFE's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 92.03 K. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 91.33 K. | |
| LYFE currently holds about 18 in cash with (451.77 K) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| The fund maintains 98.08% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of LYFE is measured differently than its book value, which is the value of LYFE that is recorded on the company's balance sheet. Investors also form their own opinion of LYFE's value that differs from its market value or its book value, called intrinsic value, which is LYFE'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 LYFE's market value can be influenced by many factors that don't directly affect LYFE'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 LYFE's value and its price as these two are different measures arrived at by different means. Investors typically determine if LYFE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LYFE'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.