Lyft Inc Stock Chance of Future Stock Price Finishing Over 16.34
| LYFT Stock | USD 16.34 0.58 3.43% |
Closest to current price LYFT long CALL Option Payoff at Expiration
LYFT |
LYFT Target Price Odds to finish over 16.34
The tendency of LYFT 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 above the current price in 90 days |
| 16.34 | 90 days | 16.34 | about 50.95 |
Based on a normal probability distribution, the odds of LYFT to move above the current price in 90 days from now is about 50.95 (This LYFT Inc probability density function shows the probability of LYFT Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 4.19 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, LYFT will likely underperform. Additionally LYFT Inc has an alpha of 0.2217, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). LYFT Price Density |
| Price |
Predictive Modules for LYFT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LYFT Inc. 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 LYFT'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.
LYFT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LYFT is not an exception. The market had few large corrections towards the LYFT'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 LYFT Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LYFT within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 4.19 | |
σ | Overall volatility | 2.53 | |
Ir | Information ratio | 0.09 |
LYFT 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 LYFT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LYFT Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LYFT Inc is way too risky over 90 days horizon | |
| LYFT Inc appears to be risky and price may revert if volatility continues | |
| The company currently holds 1.13 B in liabilities with Debt to Equity (D/E) ratio of 1.17, which is about average as compared to similar companies. LYFT Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist LYFT until it has trouble settling it off, either with new capital or with free cash flow. So, LYFT's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LYFT Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LYFT to invest in growth at high rates of return. When we think about LYFT's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.4 B. Net Loss for the year was (340.32 M) with profit before overhead, payroll, taxes, and interest of 1.24 B. | |
| LYFT Inc currently holds about 1.81 B in cash with (98.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.12. | |
| LYFT Inc has a poor financial position based on the latest SEC disclosures | |
| Over 78.0% of LYFT shares are owned by institutional investors | |
| Latest headline from patch.com: Suspect Sentenced In Ride Share Vehicle Theft That Injured Driver |
LYFT 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 LYFT Stock often depends not only on the future outlook of the current and potential LYFT'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. LYFT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 385.3 M | |
| Cash And Short Term Investments | 1.7 B |
LYFT Technical Analysis
LYFT's future price can be derived by breaking down and analyzing its technical indicators over time. LYFT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LYFT Inc. In general, you should focus on analyzing LYFT Stock price patterns and their correlations with different microeconomic environments and drivers.
LYFT Predictive Forecast Models
LYFT's time-series forecasting models is one of many LYFT'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 LYFT'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 LYFT Inc
Checking the ongoing alerts about LYFT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LYFT Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LYFT Inc is way too risky over 90 days horizon | |
| LYFT Inc appears to be risky and price may revert if volatility continues | |
| The company currently holds 1.13 B in liabilities with Debt to Equity (D/E) ratio of 1.17, which is about average as compared to similar companies. LYFT Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist LYFT until it has trouble settling it off, either with new capital or with free cash flow. So, LYFT's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LYFT Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LYFT to invest in growth at high rates of return. When we think about LYFT's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.4 B. Net Loss for the year was (340.32 M) with profit before overhead, payroll, taxes, and interest of 1.24 B. | |
| LYFT Inc currently holds about 1.81 B in cash with (98.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.12. | |
| LYFT Inc has a poor financial position based on the latest SEC disclosures | |
| Over 78.0% of LYFT shares are owned by institutional investors | |
| Latest headline from patch.com: Suspect Sentenced In Ride Share Vehicle Theft That Injured Driver |
Check out LYFT Backtesting, LYFT Valuation, LYFT Correlation, LYFT Hype Analysis, LYFT Volatility, LYFT History as well as LYFT Performance. Note that the LYFT Inc information on this page should be used as a complementary analysis to other LYFT'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for LYFT Stock analysis
When running LYFT's price analysis, check to measure LYFT'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 LYFT is operating at the current time. Most of LYFT's value examination focuses on studying past and present price action to predict the probability of LYFT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LYFT's price. Additionally, you may evaluate how the addition of LYFT to your portfolios can decrease your overall portfolio volatility.
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Is LYFT'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 LYFT. If investors know LYFT 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 LYFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 11.428 | Quarterly Revenue Growth 0.042 | Return On Assets (0.05) | Return On Equity (0.73) |
The market value of LYFT Inc is measured differently than its book value, which is the value of LYFT that is recorded on the company's balance sheet. Investors also form their own opinion of LYFT's value that differs from its market value or its book value, called intrinsic value, which is LYFT'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 LYFT's market value can be influenced by many factors that don't directly affect LYFT'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 LYFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if LYFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LYFT'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.