Largo Resources Stock Statistic Functions Beta
| LGO Stock | USD 2.17 0.10 4.83% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Largo Resources correlated with the market. If Beta is less than 0 Largo Resources generally moves in the opposite direction as compared to the market. If Largo Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Largo Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Largo Resources is generally in the same direction as the market. If Beta > 1 Largo Resources moves generally in the same direction as, but more than the movement of the benchmark.
Largo Resources Technical Analysis Modules
Most technical analysis of Largo Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Largo from various momentum indicators to cycle indicators. When you analyze Largo 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.| Cycle Indicators | ||
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About Largo Resources Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Largo Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Largo Resources based on widely used predictive technical indicators. In general, we focus on analyzing Largo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Largo Resources's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Largo Resources's intrinsic value. In addition to deriving basic predictive indicators for Largo Resources, we also check how macroeconomic factors affect Largo Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.47 | 4.71 | 4.22 | 3.26 | Days Of Inventory On Hand | 124.37 | 138.11 | 128.58 | 140.95 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Largo Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Largo Resources' short interest history, or implied volatility extrapolated from Largo Resources options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested over 90 shares | |
 | Momentum Invested over 40 shares | |
 | Warren Buffett Holdings Invested over 40 shares | |
 | Driverless Cars Invested few shares | |
 | Manufacturing Invested over 30 shares | |
 | Business Services Invested over 100 shares | |
 | Dividend Beast Invested over 50 shares | |
 | Cash Cows Invested few shares | |
 | Hedge Favorites Invested over 100 shares | |
 | Artificial Intelligence Invested few shares | |
 | Banking Invested over 40 shares |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining 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 Largo Resources. If investors know Largo 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 Largo Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.153 | Earnings Share (0.76) | Revenue Per Share 2.26 | Quarterly Revenue Growth (0.32) | Return On Assets (0.08) |
The market value of Largo Resources is measured differently than its book value, which is the value of Largo that is recorded on the company's balance sheet. Investors also form their own opinion of Largo Resources' value that differs from its market value or its book value, called intrinsic value, which is Largo Resources' 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 Largo Resources' market value can be influenced by many factors that don't directly affect Largo Resources' 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 Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' 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.