Leclanche (Switzerland) Probability of Future Stock Price Finishing Under 0.38
| LECN Stock | CHF 0.19 0.01 5.00% |
Leclanche |
Leclanche Target Price Odds to finish below 0.38
The tendency of Leclanche 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 stay under ₣ 0.38 after 90 days |
| 0.19 | 90 days | 0.38 | close to 99 |
Based on a normal probability distribution, the odds of Leclanche to stay under ₣ 0.38 after 90 days from now is close to 99 (This Leclanche SA probability density function shows the probability of Leclanche Stock to fall within a particular range of prices over 90 days) . Probability of Leclanche SA price to stay between its current price of ₣ 0.19 and ₣ 0.38 at the end of the 90-day period is about 24.37 .
Assuming the 90 days trading horizon Leclanche SA has a beta of -3.79. This indicates as returns on its benchmark rise, returns on holding Leclanche SA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Leclanche is expected to outperform its benchmark. Moreover Leclanche SA has an alpha of 1.7761, implying that it can generate a 1.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Leclanche Price Density |
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Predictive Modules for Leclanche
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leclanche SA. 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.Leclanche Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leclanche is not an exception. The market had few large corrections towards the Leclanche'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 Leclanche SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leclanche within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.78 | |
β | Beta against Dow Jones | -3.79 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.09 |
Leclanche 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 Leclanche for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leclanche SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Leclanche SA is way too risky over 90 days horizon | |
| Leclanche SA has some characteristics of a very speculative penny stock | |
| Leclanche SA appears to be risky and price may revert if volatility continues | |
| Leclanche SA has high likelihood to experience some financial distress in the next 2 years | |
| Leclanche SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 18.93 M. Net Loss for the year was (79.97 M) with profit before overhead, payroll, taxes, and interest of 1.33 M. | |
| Leclanche SA has accumulated about 2.87 M in cash with (51.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Over 85.0% of the company shares are owned by institutional investors |
Leclanche 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 Leclanche Stock often depends not only on the future outlook of the current and potential Leclanche'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. Leclanche's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 188.5 M | |
| Cash And Short Term Investments | 2.9 M |
Leclanche Technical Analysis
Leclanche's future price can be derived by breaking down and analyzing its technical indicators over time. Leclanche Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leclanche SA. In general, you should focus on analyzing Leclanche Stock price patterns and their correlations with different microeconomic environments and drivers.
Leclanche Predictive Forecast Models
Leclanche's time-series forecasting models is one of many Leclanche'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 Leclanche'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 Leclanche SA
Checking the ongoing alerts about Leclanche for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leclanche SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Leclanche SA is way too risky over 90 days horizon | |
| Leclanche SA has some characteristics of a very speculative penny stock | |
| Leclanche SA appears to be risky and price may revert if volatility continues | |
| Leclanche SA has high likelihood to experience some financial distress in the next 2 years | |
| Leclanche SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 18.93 M. Net Loss for the year was (79.97 M) with profit before overhead, payroll, taxes, and interest of 1.33 M. | |
| Leclanche SA has accumulated about 2.87 M in cash with (51.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Over 85.0% of the company shares are owned by institutional investors |
Additional Tools for Leclanche Stock Analysis
When running Leclanche's price analysis, check to measure Leclanche'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 Leclanche is operating at the current time. Most of Leclanche's value examination focuses on studying past and present price action to predict the probability of Leclanche's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leclanche's price. Additionally, you may evaluate how the addition of Leclanche to your portfolios can decrease your overall portfolio volatility.