Luokung Technology Corp Stock Price Prediction

LKCO Stock  USD 1.71  0.06  3.39%   
As of today, the relative strength index (RSI) of Luokung Technology's share price is approaching 42. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Luokung Technology, making its price go up or down.

Oversold Vs Overbought

42

 
Oversold
 
Overbought
The successful prediction of Luokung Technology's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Luokung Technology Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Luokung Technology's stock price prediction:
Quarterly Revenue Growth
(0.87)
Using Luokung Technology hype-based prediction, you can estimate the value of Luokung Technology Corp from the perspective of Luokung Technology response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Luokung Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Luokung because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Luokung Technology after-hype prediction price

    
  USD 1.79  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Luokung Technology Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Luokung Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.091.719.43
Details

Luokung Technology After-Hype Price Prediction Density Analysis

As far as predicting the price of Luokung Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Luokung Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Luokung Technology, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Luokung Technology Estimiated After-Hype Price Volatility

In the context of predicting Luokung Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Luokung Technology's historical news coverage. Luokung Technology's after-hype downside and upside margins for the prediction period are 0.09 and 9.51, respectively. We have considered Luokung Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.71
1.79
After-hype Price
9.51
Upside
Luokung Technology is extremely dangerous at this time. Analysis and calculation of next after-hype price of Luokung Technology Corp is based on 3 months time horizon.

Luokung Technology Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Luokung Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Luokung Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Luokung Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.31 
7.72
  0.08 
  0.02 
4 Events / Month
8 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.71
1.79
4.68 
12,867  
Notes

Luokung Technology Hype Timeline

Luokung Technology Corp is now traded for 1.71. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of 0.02. Luokung is forecasted to increase in value after the next headline, with the price projected to jump to 1.79 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 4.68%, whereas the daily expected return is now at -1.31%. The volatility of related hype on Luokung Technology is about 51466.67%, with the expected price after the next announcement by competition of 1.73. Luokung Technology Corp currently holds about 16.44 M in cash with (420.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. Given the investment horizon of 90 days the next forecasted press release will be in about 4 days.
Check out Luokung Technology Basic Forecasting Models to cross-verify your projections.

Luokung Technology Related Hype Analysis

Having access to credible news sources related to Luokung Technology's direct competition is more important than ever and may enhance your ability to predict Luokung Technology's future price movements. Getting to know how Luokung Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Luokung Technology may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PBTSPowerbridge Technologies Co(0.05)1 per month 15.82  0.11  25.00 (21.84) 2,409 
INPXInpixon(0.02)1 per month 0.00 (0.22) 5.71 (12.00) 49.23 
KSPNKaspien Holdings 0.00 0 per month 0.00 (0.04) 21.05 (13.33) 58.71 
AUUDAuddia Inc(0.02)3 per month 0.00 (0.09) 8.77 (7.81) 23.47 
FRGTFreight Technologies 0.27 4 per month 0.00 (0.14) 12.73 (11.76) 41.50 
CXAICXApp Inc 0.01 4 per month 5.21  0.01  9.15 (6.55) 36.71 
IDAITrust Stamp(0.14)9 per month 8.10  0.10  19.05 (16.33) 160.36 
BRQSBorqs Technologies(0.01)4 per month 0.00 (0.03) 9.52 (5.56) 36.69 
IFBDInfobird Co 0.22 10 per month 5.50  0.08  11.00 (7.58) 65.71 
VSVersus Systems(0.08)9 per month 4.98  0.07  12.03 (8.50) 266.77 
KBNTKubient 0.08 5 per month 5.26 (0.01) 7.94 (9.80) 59.23 
MVLAMovella Holdings 0.02 1 per month 3.50  0.07  8.82 (5.77) 44.13 
HTCRHeartCore Enterprises 0.03 10 per month 6.47  0.22  14.14 (10.59) 30.80 
QHQuhuo(0.10)4 per month 4.96  0.13  14.56 (8.21) 329.09 

Luokung Technology Additional Predictive Modules

Most predictive techniques to examine Luokung price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Luokung using various technical indicators. When you analyze Luokung charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Luokung Technology Predictive Indicators

The successful prediction of Luokung Technology stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Luokung Technology Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Luokung Technology based on analysis of Luokung Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Luokung Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Luokung Technology's related companies.
 2023 2024 (projected)
Dividend Yield0.0037820.004954
Price To Sales Ratio0.860.82

Story Coverage note for Luokung Technology

The number of cover stories for Luokung Technology depends on current market conditions and Luokung Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Luokung Technology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Luokung Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether Luokung Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luokung Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luokung Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luokung Technology Corp Stock:
Check out Luokung Technology Basic Forecasting Models to cross-verify your projections.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Interactive Media & Services 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(652.40)
Revenue Per Share
4.604
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.44)
Return On Equity
(4.47)
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.