Lexaria Bioscience Corp Stock Statistic Functions Time Series Forecast

LEXX Stock  USD 2.08  0.01  0.48%   
Lexaria Bioscience statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against Lexaria Bioscience. Lexaria Bioscience value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Time Series Forecast function function is designed to identify and follow existing trends. Lexaria Bioscience statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Time Series Forecast uses simple linear regression to derive Lexaria Bioscience Corp best fit line over a given time period and plot it forward over user-defined time period.

Lexaria Bioscience Technical Analysis Modules

Most technical analysis of Lexaria Bioscience 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 Lexaria from various momentum indicators to cycle indicators. When you analyze Lexaria 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 Lexaria Bioscience 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 Lexaria Bioscience Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lexaria Bioscience Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lexaria Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lexaria Bioscience'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 Lexaria Bioscience's intrinsic value. In addition to deriving basic predictive indicators for Lexaria Bioscience, we also check how macroeconomic factors affect Lexaria Bioscience 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)
Days Sales Outstanding288.38282.77121.4426.35
PTB Ratio2.192.286.0354.87
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lexaria Bioscience'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.
Hype
Prediction
LowEstimatedHigh
0.101.955.28
Details
Intrinsic
Valuation
LowRealHigh
0.173.316.64
Details
Naive
Forecast
LowNextHigh
0.042.115.44
Details
2 Analysts
Consensus
LowTargetHigh
6.377.007.77
Details

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Additional Tools for Lexaria Stock Analysis

When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.