Loma Negra Compania Stock Probability of Future Stock Price Finishing Under 8.04
| LOMA Stock | USD 8.46 0.02 0.24% |
Loma |
Loma Negra Target Price Odds to finish below 8.04
The tendency of Loma 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 drop to $ 8.04 or more in 90 days |
| 8.46 | 90 days | 8.04 | about 79.33 |
Based on a normal probability distribution, the odds of Loma Negra to drop to $ 8.04 or more in 90 days from now is about 79.33 (This Loma Negra Compania probability density function shows the probability of Loma Stock to fall within a particular range of prices over 90 days) . Probability of Loma Negra Compania price to stay between $ 8.04 and its current price of $8.46 at the end of the 90-day period is about 11.25 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.13 . This indicates Loma Negra Compania market returns are sensitive to returns on the market. As the market goes up or down, Loma Negra is expected to follow. Additionally Loma Negra Compania has an alpha of 0.2215, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Loma Negra Price Density |
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Predictive Modules for Loma Negra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loma Negra Compania. 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 Loma Negra'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.
Loma Negra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Loma Negra is not an exception. The market had few large corrections towards the Loma Negra'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 Loma Negra Compania, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Loma Negra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | 0.1 |
Loma Negra 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 Loma Negra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Loma Negra Compania can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from gurufocus.com: Loma Negra Cia Industria Argentina SA Q2 2024 Earnings Call Highlights Resilience Amid ... |
Loma Negra 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 Loma Stock often depends not only on the future outlook of the current and potential Loma Negra'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. Loma Negra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 116.7 M | |
| Cash And Short Term Investments | 6.7 B |
Loma Negra Technical Analysis
Loma Negra's future price can be derived by breaking down and analyzing its technical indicators over time. Loma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Loma Negra Compania. In general, you should focus on analyzing Loma Stock price patterns and their correlations with different microeconomic environments and drivers.
Loma Negra Predictive Forecast Models
Loma Negra's time-series forecasting models is one of many Loma Negra'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 Loma Negra'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 Loma Negra Compania
Checking the ongoing alerts about Loma Negra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Loma Negra Compania help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from gurufocus.com: Loma Negra Cia Industria Argentina SA Q2 2024 Earnings Call Highlights Resilience Amid ... |
Check out Loma Negra Backtesting, Loma Negra Valuation, Loma Negra Correlation, Loma Negra Hype Analysis, Loma Negra Volatility, Loma Negra History as well as Loma Negra Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Construction Materials space 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 Loma Negra. If investors know Loma 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 Loma Negra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.134 | Earnings Share 0.58 | Revenue Per Share 2.7 K | Quarterly Revenue Growth (0.28) | Return On Assets 0.0394 |
The market value of Loma Negra Compania is measured differently than its book value, which is the value of Loma that is recorded on the company's balance sheet. Investors also form their own opinion of Loma Negra's value that differs from its market value or its book value, called intrinsic value, which is Loma Negra'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 Loma Negra's market value can be influenced by many factors that don't directly affect Loma Negra'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 Loma Negra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loma Negra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loma Negra'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.