La-Z-Boy Incorporated (Germany) Probability of Future Stock Price Finishing Under 37.6
| LAZ Stock | EUR 42.00 0.00 0.00% |
La-Z-Boy |
La-Z-Boy Incorporated Target Price Odds to finish below 37.6
The tendency of La-Z-Boy 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 € 37.60 or more in 90 days |
| 42.00 | 90 days | 37.60 | about 29.78 |
Based on a normal probability distribution, the odds of La-Z-Boy Incorporated to drop to € 37.60 or more in 90 days from now is about 29.78 (This La Z Boy Incorporated probability density function shows the probability of La-Z-Boy Stock to fall within a particular range of prices over 90 days) . Probability of La-Z-Boy Incorporated price to stay between € 37.60 and its current price of €42.0 at the end of the 90-day period is about 56.56 .
Assuming the 90 days horizon La-Z-Boy Incorporated has a beta of 0.14. This indicates as returns on the market go up, La-Z-Boy Incorporated average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding La Z Boy Incorporated will be expected to be much smaller as well. Additionally La Z Boy Incorporated has an alpha of 0.1523, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). La-Z-Boy Incorporated Price Density |
| Price |
Predictive Modules for La-Z-Boy Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as La-Z-Boy Incorporated. 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.La-Z-Boy Incorporated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. La-Z-Boy Incorporated is not an exception. The market had few large corrections towards the La-Z-Boy Incorporated'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 La Z Boy Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of La-Z-Boy Incorporated within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | 0.08 |
La-Z-Boy Incorporated 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 La-Z-Boy Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for La-Z-Boy Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are owned by institutional investors |
La-Z-Boy Incorporated 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 La-Z-Boy Stock often depends not only on the future outlook of the current and potential La-Z-Boy Incorporated'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. La-Z-Boy Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.1 M |
La-Z-Boy Incorporated Technical Analysis
La-Z-Boy Incorporated's future price can be derived by breaking down and analyzing its technical indicators over time. La-Z-Boy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of La Z Boy Incorporated. In general, you should focus on analyzing La-Z-Boy Stock price patterns and their correlations with different microeconomic environments and drivers.
La-Z-Boy Incorporated Predictive Forecast Models
La-Z-Boy Incorporated's time-series forecasting models is one of many La-Z-Boy Incorporated'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 La-Z-Boy Incorporated'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 La-Z-Boy Incorporated
Checking the ongoing alerts about La-Z-Boy Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for La-Z-Boy Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 99.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in La-Z-Boy Stock
When determining whether La-Z-Boy Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La-Z-Boy Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:Check out La-Z-Boy Incorporated Backtesting, La-Z-Boy Incorporated Valuation, La-Z-Boy Incorporated Correlation, La-Z-Boy Incorporated Hype Analysis, La-Z-Boy Incorporated Volatility, La-Z-Boy Incorporated History as well as La-Z-Boy Incorporated Performance. For more detail on how to invest in La-Z-Boy Stock please use our How to Invest in La-Z-Boy Incorporated guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.