Lucara Diamond Corp Stock Analysis

Lucara Pink Sheet Analysis Notes

About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lucara Diamond Corp last dividend was issued on the 5th of September 2019. Lucara Diamond Corp., a diamond mining company, focuses on the development and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is based in Vancouver, Canada. LUCARA DIAMOND is traded on OTC Exchange in the United States.The quote for Lucara Diamond Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Lucara Diamond Corp contact William Lamb at 604 674 0272 or learn more at https://lucaradiamond.com.

Lucara Diamond Corp Investment Alerts

Lucara Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 205.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lucara Diamond's market, we take the total number of its shares issued and multiply it by Lucara Diamond's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Lucara Profitablity

The company has Profit Margin (PM) of 0.15 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.

Technical Drivers

As of the 18th of April 2024, Lucara Diamond secures the Mean Deviation of 2.47, risk adjusted performance of (0.04), and Standard Deviation of 3.83. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lucara Diamond Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Lucara Diamond, which can be compared to its peers in the industry. Please verify Lucara Diamond Corp mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Lucara Diamond Corp is priced some-what accurately, providing market reflects its recent price of 0.23 per share. As Lucara Diamond Corp appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

Lucara Diamond Corp Price Movement Analysis

Lucara Diamond Predictive Daily Indicators

Lucara Diamond Forecast Models

Lucara Diamond's time-series forecasting models are one of many Lucara Diamond's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Lucara Diamond'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 market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Lucara Diamond prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Lucara shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Lucara Diamond. By using and applying Lucara Pink Sheet analysis, traders can create a robust methodology for identifying Lucara entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

When running Lucara Diamond's price analysis, check to measure Lucara Diamond'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 Lucara Diamond is operating at the current time. Most of Lucara Diamond's value examination focuses on studying past and present price action to predict the probability of Lucara Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucara Diamond's price. Additionally, you may evaluate how the addition of Lucara Diamond to your portfolios can decrease your overall portfolio volatility.