LGX Oil Gas Odds of Future Pink Sheet Price Finishing Over 1.0E-4
| ROAOFDelisted Stock | USD 0.0001 0.00 0.00% |
LGX |
LGX Oil Target Price Odds to finish over 1.0E-4
The tendency of LGX 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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 43.38 |
Based on a normal probability distribution, the odds of LGX Oil to move above the current price in 90 days from now is about 43.38 (This LGX Oil Gas probability density function shows the probability of LGX Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon LGX Oil has the beta coefficient that is very close to zero indicating the returns on DOW JONES INDUSTRIAL and LGX Oil do not appear to be reactive. Additionally It does not look like LGX Oil's alpha can have any bearing on the current valuation. LGX Oil Price Density |
| Price |
Predictive Modules for LGX Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LGX Oil Gas. 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.LGX Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LGX Oil is not an exception. The market had few large corrections towards the LGX Oil'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 LGX Oil Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LGX Oil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000012 | |
Ir | Information ratio | 0.00 |
LGX Oil 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 LGX Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LGX Oil Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LGX Oil Gas is not yet fully synchronised with the market data | |
| LGX Oil Gas has some characteristics of a very speculative penny stock | |
| LGX Oil Gas has a very high chance of going through financial distress in the upcoming years | |
| LGX Oil Gas has accumulated 30.16 M in total debt with debt to equity ratio (D/E) of 4.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LGX Oil Gas has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LGX Oil until it has trouble settling it off, either with new capital or with free cash flow. So, LGX Oil'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 LGX Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LGX to invest in growth at high rates of return. When we think about LGX Oil's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 10.42 M. Net Loss for the year was (35.66 M) with profit before overhead, payroll, taxes, and interest of 3.84 M. |
LGX Oil Technical Analysis
LGX Oil's future price can be derived by breaking down and analyzing its technical indicators over time. LGX Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LGX Oil Gas. In general, you should focus on analyzing LGX Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
LGX Oil Predictive Forecast Models
LGX Oil's time-series forecasting models is one of many LGX Oil'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 LGX Oil'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 LGX Oil Gas
Checking the ongoing alerts about LGX Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LGX Oil Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LGX Oil Gas is not yet fully synchronised with the market data | |
| LGX Oil Gas has some characteristics of a very speculative penny stock | |
| LGX Oil Gas has a very high chance of going through financial distress in the upcoming years | |
| LGX Oil Gas has accumulated 30.16 M in total debt with debt to equity ratio (D/E) of 4.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LGX Oil Gas has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LGX Oil until it has trouble settling it off, either with new capital or with free cash flow. So, LGX Oil'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 LGX Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LGX to invest in growth at high rates of return. When we think about LGX Oil's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 10.42 M. Net Loss for the year was (35.66 M) with profit before overhead, payroll, taxes, and interest of 3.84 M. |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in LGX Pink Sheet
If you are still planning to invest in LGX Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LGX Oil's history and understand the potential risks before investing.
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