Lottery Common Stock Forecast - Accumulation Distribution

LTRY Stock  USD 1.84  0.04  2.13%   
Lottery Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lottery Common stock prices and determine the direction of Lottery Common Stock's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lottery Common's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Lottery Common's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lottery Common's systematic risk associated with finding meaningful patterns of Lottery Common fundamentals over time.
Check out Historical Fundamental Analysis of Lottery Common to cross-verify your projections.
  
At this time, Lottery Common's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to rise to 0.14 in 2024, whereas Inventory Turnover is likely to drop 0.19 in 2024. . Common Stock Shares Outstanding is likely to drop to about 1.6 M in 2024. Net Loss is likely to rise to about (51.6 M) in 2024.
On February 21, 2024 Lottery Common Stock had Accumulation Distribution of 2878.05.
Most investors in Lottery Common cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Lottery Common's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lottery Common's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Lottery Common is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Lottery Common Stock to determine if accumulation or reduction is taking place in the market. This value is adjusted by Lottery Common trading volume to give more weight to distributions with higher volume over lower volume.
Check Lottery Common VolatilityBacktest Lottery CommonTrend Details  

Lottery Common Trading Date Momentum

On February 22 2024 Lottery Common Stock was traded for  2.33  at the closing time. The top price for the day was 2.41  and the lowest listed price was  2.20 . The trading volume for the day was 31.5 K. The trading history from February 22, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.43% . The trading delta at closing time against the current closing price is 1.29% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Lottery Common to competition

Other Forecasting Options for Lottery Common

For every potential investor in Lottery, whether a beginner or expert, Lottery Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lottery Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lottery. Basic forecasting techniques help filter out the noise by identifying Lottery Common's price trends.

Lottery Common Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lottery Common stock to make a market-neutral strategy. Peer analysis of Lottery Common could also be used in its relative valuation, which is a method of valuing Lottery Common by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Lottery Common Stock Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Lottery Common's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Lottery Common's current price.

Lottery Common Market Strength Events

Market strength indicators help investors to evaluate how Lottery Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lottery Common shares will generate the highest return on investment. By undertsting and applying Lottery Common stock market strength indicators, traders can identify Lottery Common Stock entry and exit signals to maximize returns.

Lottery Common Risk Indicators

The analysis of Lottery Common's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Lottery Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lottery stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lottery Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lottery Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lottery Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lottery Common Stock Stock:
Check out Historical Fundamental Analysis of Lottery Common to cross-verify your projections.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Lottery Stock analysis

When running Lottery Common's price analysis, check to measure Lottery Common'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 Lottery Common is operating at the current time. Most of Lottery Common's value examination focuses on studying past and present price action to predict the probability of Lottery Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery Common's price. Additionally, you may evaluate how the addition of Lottery Common to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Share Portfolio
Track or share privately all of your investments from the convenience of any device
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is Lottery Common'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 Lottery Common. If investors know Lottery 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 Lottery Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.12)
Revenue Per Share
2.397
Quarterly Revenue Growth
7.92
Return On Assets
(0.21)
Return On Equity
(0.49)
The market value of Lottery Common Stock is measured differently than its book value, which is the value of Lottery that is recorded on the company's balance sheet. Investors also form their own opinion of Lottery Common's value that differs from its market value or its book value, called intrinsic value, which is Lottery Common'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 Lottery Common's market value can be influenced by many factors that don't directly affect Lottery Common'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 Lottery Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lottery Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lottery Common'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.