Linamar Stock Odds of Future Pink Sheet Price Finishing Under 42.36
| LIMAF Stock | USD 47.14 0.22 0.47% |
Linamar |
Linamar Target Price Odds to finish below 42.36
The tendency of Linamar Pink Sheet 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 drop to $ 42.36 or more in 90 days |
| 47.14 | 90 days | 42.36 | near 1 |
Based on a normal probability distribution, the odds of Linamar to drop to $ 42.36 or more in 90 days from now is near 1 (This Linamar probability density function shows the probability of Linamar Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Linamar price to stay between $ 42.36 and its current price of $47.14 at the end of the 90-day period is about 10.7 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.78 . 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, Linamar will likely underperform. Additionally Linamar has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Linamar Price Density |
| Price |
Predictive Modules for Linamar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Linamar. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Linamar'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.
Linamar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Linamar is not an exception. The market had few large corrections towards the Linamar'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 Linamar, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Linamar within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 1.78 | |
σ | Overall volatility | 2.03 | |
Ir | Information ratio | -0.02 |
Linamar 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 Linamar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Linamar can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Linamar generated a negative expected return over the last 90 days | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Linamar 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 Linamar Pink Sheet often depends not only on the future outlook of the current and potential Linamar'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. Linamar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.5 M |
Linamar Technical Analysis
Linamar's future price can be derived by breaking down and analyzing its technical indicators over time. Linamar Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Linamar. In general, you should focus on analyzing Linamar Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Linamar Predictive Forecast Models
Linamar's time-series forecasting models is one of many Linamar's pink sheet 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 Linamar'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Linamar
Checking the ongoing alerts about Linamar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Linamar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Linamar generated a negative expected return over the last 90 days | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Check out Linamar Backtesting, Linamar Valuation, Linamar Correlation, Linamar Hype Analysis, Linamar Volatility, Linamar History as well as Linamar Performance. Note that the Linamar information on this page should be used as a complementary analysis to other Linamar'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Linamar Pink Sheet analysis
When running Linamar's price analysis, check to measure Linamar'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 Linamar is operating at the current time. Most of Linamar's value examination focuses on studying past and present price action to predict the probability of Linamar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linamar's price. Additionally, you may evaluate how the addition of Linamar to your portfolios can decrease your overall portfolio volatility.
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