Ls Starrett Stock Price Prediction
| SCX Stock | USD 16.03 0.02 0.12% |
Oversold Vs Overbought
73
Oversold | Overbought |
LS Starrett stock price prediction is an act of determining the future value of LS Starrett shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of LS Starrett's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of LS Starrett and does not consider all of the tangible or intangible factors available from LS Starrett's fundamental data. We analyze noise-free headlines and recent hype associated with LS Starrett, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting LS Starrett's stock price prediction:Quarterly Earnings Growth (0.07) | Quarterly Revenue Growth (0.07) |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of LS Starrett based on different types of headlines from major news networks to social media. The SCX stock price prediction module provides an analysis of price elasticity to changes in media outlook on LS Starrett over a specific investment horizon. Using LS Starrett hype-based prediction, you can estimate the value of LS Starrett from the perspective of LS Starrett response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in LS Starrett. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in LS Starrett to buy its stock at a price that has no basis in reality. In that case, they are not buying SCX 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.
LS Starrett after-hype prediction price | USD 16.05 |
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.
SCX |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LS Starrett'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.
LS Starrett After-Hype Price Prediction Density Analysis
As far as predicting the price of LS Starrett 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 LS Starrett 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 LS Starrett, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
LS Starrett Estimiated After-Hype Price Volatility
In the context of predicting LS Starrett's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on LS Starrett's historical news coverage. LS Starrett's after-hype downside and upside margins for the prediction period are 8.10 and 24.00, respectively. We have considered LS Starrett'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
LS Starrett is slightly risky at this time. Analysis and calculation of next after-hype price of LS Starrett is based on 3 months time horizon.
LS Starrett Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as LS Starrett is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LS Starrett 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 LS Starrett, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.52 | 8.01 | 0.02 | 0.38 | 6 Events / Month | 4 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
16.03 | 16.05 | 0.12 |
|
LS Starrett Hype Timeline
On the 25th of April LS Starrett is traded for 16.03. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.38. SCX is forecasted to increase in value after the next headline, with the price projected to jump to 16.05 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.12%, whereas the daily expected return is at this time at 0.52%. The volatility of related hype on LS Starrett is about 1092.98%, with the expected price after the next announcement by competition of 16.41. The company reported the last year's revenue of 256.18 M. Total Income to common stockholders was 23.09 M with profit before taxes, overhead, and interest of 82.49 M. Considering the 90-day investment horizon the next forecasted press release will be in about 6 days. Check out LS Starrett Basic Forecasting Models to cross-verify your projections.LS Starrett Related Hype Analysis
Having access to credible news sources related to LS Starrett's direct competition is more important than ever and may enhance your ability to predict LS Starrett's future price movements. Getting to know how LS Starrett'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 LS Starrett may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LECO | Lincoln Electric Holdings | 2.10 | 12 per month | 0.98 | 0.03 | 1.89 | (1.63) | 9.51 | |
| TKR | Timken Company | 0.30 | 8 per month | 1.64 | 0.04 | 2.34 | (2.37) | 8.39 | |
| RBCP | RBC Bearings | (0.40) | 8 per month | 0.00 | (0.14) | 2.14 | (2.49) | 6.88 | |
| KMT | Kennametal | (0.03) | 10 per month | 1.80 | (0.05) | 2.43 | (3.05) | 7.19 | |
| TTC | Toro Co | (1.09) | 10 per month | 0.00 | (0.12) | 2.11 | (2.61) | 8.42 | |
| TTNDY | Techtronic Industries Ltd | 0.00 | 0 per month | 1.65 | 0.11 | 4.89 | (2.86) | 11.56 | |
| RBC | RBC Bearings Incorporated | 4.25 | 9 per month | 0.00 | (0.19) | 2.28 | (2.12) | 7.55 |
LS Starrett Additional Predictive Modules
Most predictive techniques to examine SCX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SCX using various technical indicators. When you analyze SCX 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About LS Starrett Predictive Indicators
The successful prediction of LS Starrett 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 LS Starrett, 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 LS Starrett based on analysis of LS Starrett hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to LS Starrett's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to LS Starrett's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.29 | 0.3 | Price To Sales Ratio | 0.35 | 0.33 |
Story Coverage note for LS Starrett
The number of cover stories for LS Starrett depends on current market conditions and LS Starrett's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that LS Starrett 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 LS Starrett's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
LS Starrett Short Properties
LS Starrett's future price predictability will typically decrease when LS Starrett's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of LS Starrett often depends not only on the future outlook of the potential LS Starrett'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. LS Starrett's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.6 M | |
| Cash And Short Term Investments | 10.5 M |
Check out LS Starrett Basic Forecasting Models to cross-verify your projections. For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for SCX Stock analysis
When running LS Starrett's price analysis, check to measure LS Starrett'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 LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Stocks Directory Find actively traded stocks across global markets |
Is LS Starrett's industry 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 LS Starrett. If investors know SCX 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 LS Starrett 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 (0.07) | Earnings Share 2.57 | Revenue Per Share 33.787 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0792 |
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett'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 LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett'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 LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett'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.