Logitech International Sa Stock Probability of Future Stock Price Finishing Over 119.0
| LOGI Stock | USD 79.41 0.40 0.51% |
Closest to current price Logitech long CALL Option Payoff at Expiration
Logitech |
Logitech International Target Price Odds to finish over 119.0
The tendency of Logitech Stock 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 over $ 119.00 or more in 90 days |
| 79.41 | 90 days | 119.00 | near 1 |
Based on a normal probability distribution, the odds of Logitech International to move over $ 119.00 or more in 90 days from now is near 1 (This Logitech International SA probability density function shows the probability of Logitech Stock to fall within a particular range of prices over 90 days) . Probability of Logitech International price to stay between its current price of $ 79.41 and $ 119.00 at the end of the 90-day period is about 97.0 .
Given the investment horizon of 90 days Logitech International has a beta of 0.92. This indicates Logitech International SA market returns are responsive to returns on the market. As the market goes up or down, Logitech International is expected to follow. Additionally Logitech International SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Logitech International Price Density |
| Price |
Predictive Modules for Logitech International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logitech International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Logitech International'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.
Logitech International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Logitech International is not an exception. The market had few large corrections towards the Logitech International'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 Logitech International SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Logitech International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.33 | |
β | Beta against NYSE Composite | 0.92 | |
σ | Overall volatility | 4.03 | |
Ir | Information ratio | -0.15 |
Logitech International 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 Logitech International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Logitech International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Logitech International generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: Beyond Plastic Logitechs Innovation Approach to Alternative Materials |
Logitech International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Logitech Stock often depends not only on the future outlook of the current and potential Logitech International'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. Logitech International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 163.7 M | |
| Cash And Short Term Investments | 1.1 B |
Logitech International Technical Analysis
Logitech International's future price can be derived by breaking down and analyzing its technical indicators over time. Logitech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Logitech International SA. In general, you should focus on analyzing Logitech Stock price patterns and their correlations with different microeconomic environments and drivers.
Logitech International Predictive Forecast Models
Logitech International's time-series forecasting models is one of many Logitech International's stock 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 Logitech International'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 stock market movement and maximize returns from investment trading.
Things to note about Logitech International
Checking the ongoing alerts about Logitech International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Logitech International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Logitech International generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: Beyond Plastic Logitechs Innovation Approach to Alternative Materials |
Check out Logitech International Backtesting, Logitech International Valuation, Logitech International Correlation, Logitech International Hype Analysis, Logitech International Volatility, Logitech International History as well as Logitech International Performance. Note that the Logitech International information on this page should be used as a complementary analysis to other Logitech International'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Logitech Stock analysis
When running Logitech International's price analysis, check to measure Logitech International'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 Logitech International is operating at the current time. Most of Logitech International's value examination focuses on studying past and present price action to predict the probability of Logitech International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logitech International's price. Additionally, you may evaluate how the addition of Logitech International to your portfolios can decrease your overall portfolio volatility.
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Is Logitech International'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 Logitech International. If investors know Logitech 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 Logitech International 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 0.802 | Dividend Share 1.16 | Earnings Share 3.07 | Revenue Per Share 26.847 | Quarterly Revenue Growth (0.01) |
The market value of Logitech International is measured differently than its book value, which is the value of Logitech that is recorded on the company's balance sheet. Investors also form their own opinion of Logitech International's value that differs from its market value or its book value, called intrinsic value, which is Logitech International'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 Logitech International's market value can be influenced by many factors that don't directly affect Logitech International'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 Logitech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logitech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logitech International'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.