Loop Industries Stock Market Value

LOOP -  USA Stock  

USD 12.48  0.55  4.22%

Loop Industries' market value is the price at which a share of Loop Industries stock trades on a public exchange. It measures the collective expectations of Loop Industries investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Loop Industries and determine expected loss or profit from investing in Loop Industries over a given investment horizon. Additionally, see Loop Industries Hype Analysis, Loop Industries Correlation, Loop Industries Valuation, Loop Industries Volatility, as well as analyze Loop Industries Alpha and Beta and Loop Industries Performance.
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Is Loop Industries' 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 Loop Industries. If investors know Loop Industries 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 Loop Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Loop Industries is measured differently than its book value, which is the value of Loop Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Industries' value that differs from its market value or its book value, called intrinsic value, which is Loop Industries' 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 Loop Industries' market value can be influenced by many factors that don't directly affect Loop Industries' 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 Loop Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Loop Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Industries' 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.

Loop Industries 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Loop Industries' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Loop Industries.
0.00
11/04/2021
No Change 0.00  0.0 
In 31 days
12/04/2021
0.00
If you would invest  0.00  in Loop Industries on November 4, 2021 and sell it all today you would earn a total of 0.00 from holding Loop Industries or generate 0.0% return on investment in Loop Industries over 30 days. Loop Industries is related to or competes with Core Molding, Chase Corp, Methes Energies, and Hawkins. Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate plastics and pol...

Loop Industries Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Loop Industries' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Loop Industries upside and downside potential and time the market with a certain degree of confidence.

Loop Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Loop Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loop Industries' standard deviation. In reality, there are many statistical measures that can use Loop Industries historical prices to predict the future Loop Industries' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Loop Industries' 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. Please use the tools below to analyze the current value of Loop Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.8212.4817.14
Details
Intrinsic
Valuation
LowReal ValueHigh
10.8515.5120.17
Details
Naive
Forecast
LowNext ValueHigh
8.2612.9217.57
Details
3 Analysts
Consensus
LowTarget PriceHigh
19.5020.8323.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Loop Industries. Your research has to be compared to or analyzed against Loop Industries' peers to derive any actionable benefits. When done correctly, Loop Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Loop Industries.

Loop Industries Backtested Returns

Loop Industries appears to be somewhat reliable, given 3 months investment horizon. Loop Industries has Sharpe Ratio of 0.0874, which conveys that the firm had 0.0874% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Loop Industries, which you can use to evaluate the future volatility of the firm. Please exercise Loop Industries' Risk Adjusted Performance of 0.1095, mean deviation of 3.13, and Downside Deviation of 3.92 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Loop Industries holds a performance score of 6. The company secures a Beta (Market Risk) of 1.8879, which conveys a somewhat significant risk relative to the market. Let's try to break down what Loop Industries's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Loop Industries will likely underperform. Although it is vital to follow Loop Industries price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Loop Industries technical indicators, you can presently evaluate if the expected return of 0.34% will be sustainable into the future. Please exercises Loop Industries maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Loop Industries current price movements will revert.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.88   

Very good predictability

Loop Industries has very good predictability. Overlapping area represents the amount of predictability between Loop Industries time series from 4th of November 2021 to 19th of November 2021 and 19th of November 2021 to 4th of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Loop Industries price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Loop Industries price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.43

Loop Industries lagged returns against current returns

Autocorrelation, which is Loop Industries stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Loop Industries' stock expected returns. We can calculate the autocorrelation of Loop Industries returns to help us make a trade decision. For example, suppose you find that Loop Industries stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Loop Industries regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Loop Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loop Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loop Industries stock over time.
 Current vs Lagged Prices 
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      Timeline 

Loop Industries Lagged Returns

When evaluating Loop Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loop Industries stock have on its future price. Loop Industries autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Loop Industries autocorrelation shows the relationship between Loop Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Loop Industries.
 Regressed Prices 
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      Timeline 

Loop Industries Investors Sentiment

The influence of Loop Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Loop Industries. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Loop Industries Implied Volatility

    
  46.3  
Loop Industries' implied volatility exposes the market's sentiment of Loop Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Loop Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Loop Industries stock will not fluctuate a lot when Loop Industries' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Loop Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Loop Industries' short interest history, or implied volatility extrapolated from Loop Industries options trading.

Current Sentiment - LOOP

Loop Industries Investor Sentiment

Most of Macroaxis users are now bullish on Loop Industries. What is your trading attitude regarding investing in Loop Industries? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, see Loop Industries Hype Analysis, Loop Industries Correlation, Loop Industries Valuation, Loop Industries Volatility, as well as analyze Loop Industries Alpha and Beta and Loop Industries Performance. Note that the Loop Industries information on this page should be used as a complementary analysis to other Loop Industries' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Loop Industries price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.
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Loop Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Loop Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Loop Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...