Lamar Advertising (Germany) Probability of Future Stock Price Finishing Under 77.04
| 6LA Stock | EUR 117.00 1.00 0.85% |
Lamar |
Lamar Advertising Target Price Odds to finish below 77.04
The tendency of Lamar 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 € 77.04 or more in 90 days |
| 117.00 | 90 days | 77.04 | near 1 |
Based on a normal probability distribution, the odds of Lamar Advertising to drop to € 77.04 or more in 90 days from now is near 1 (This Lamar Advertising probability density function shows the probability of Lamar Stock to fall within a particular range of prices over 90 days) . Probability of Lamar Advertising price to stay between € 77.04 and its current price of €117.0 at the end of the 90-day period is about 6.0 .
Assuming the 90 days horizon Lamar Advertising has a beta of 0.32. This suggests as returns on the market go up, Lamar Advertising average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lamar Advertising will be expected to be much smaller as well. Additionally Lamar Advertising has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Lamar Advertising Price Density |
| Price |
Predictive Modules for Lamar Advertising
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lamar Advertising. 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.Lamar Advertising Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lamar Advertising is not an exception. The market had few large corrections towards the Lamar Advertising'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 Lamar Advertising, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lamar Advertising within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 2.91 | |
Ir | Information ratio | -0.06 |
Lamar Advertising 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 Lamar Advertising for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lamar Advertising can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lamar Advertising generated a negative expected return over the last 90 days | |
| Lamar Advertising has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Lamar Advertising has accumulated 2.84 B in total debt with debt to equity ratio (D/E) of 381.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lamar Advertising has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Lamar Advertising until it has trouble settling it off, either with new capital or with free cash flow. So, Lamar Advertising's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lamar Advertising sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lamar to invest in growth at high rates of return. When we think about Lamar Advertising's use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of Lamar Advertising shares are owned by institutions such as pension funds |
Lamar Advertising 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 Lamar Stock often depends not only on the future outlook of the current and potential Lamar Advertising'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. Lamar Advertising's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.7 M |
Lamar Advertising Technical Analysis
Lamar Advertising's future price can be derived by breaking down and analyzing its technical indicators over time. Lamar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lamar Advertising. In general, you should focus on analyzing Lamar Stock price patterns and their correlations with different microeconomic environments and drivers.
Lamar Advertising Predictive Forecast Models
Lamar Advertising's time-series forecasting models is one of many Lamar Advertising'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 Lamar Advertising'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 Lamar Advertising
Checking the ongoing alerts about Lamar Advertising for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lamar Advertising help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lamar Advertising generated a negative expected return over the last 90 days | |
| Lamar Advertising has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Lamar Advertising has accumulated 2.84 B in total debt with debt to equity ratio (D/E) of 381.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lamar Advertising has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Lamar Advertising until it has trouble settling it off, either with new capital or with free cash flow. So, Lamar Advertising's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lamar Advertising sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lamar to invest in growth at high rates of return. When we think about Lamar Advertising's use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of Lamar Advertising shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Lamar Stock
When determining whether Lamar Advertising is a strong investment it is important to analyze Lamar Advertising's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lamar Advertising's future performance. For an informed investment choice regarding Lamar Stock, refer to the following important reports:Check out Lamar Advertising Backtesting, Lamar Advertising Valuation, Lamar Advertising Correlation, Lamar Advertising Hype Analysis, Lamar Advertising Volatility, Lamar Advertising History as well as Lamar Advertising Performance. For more detail on how to invest in Lamar Stock please use our How to Invest in Lamar Advertising guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.