Lensar Inc Stock Chance of Future Stock Price Finishing Under 2.22
| LNSR Stock | USD 8.38 0.01 0.12% |
LENSAR |
LENSAR Target Price Odds to finish below 2.22
The tendency of LENSAR 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 $ 2.22 or more in 90 days |
| 8.38 | 90 days | 2.22 | near 1 |
Based on a normal probability distribution, the odds of LENSAR to drop to $ 2.22 or more in 90 days from now is near 1 (This LENSAR Inc probability density function shows the probability of LENSAR Stock to fall within a particular range of prices over 90 days) . Probability of LENSAR Inc price to stay between $ 2.22 and its current price of $8.38 at the end of the 90-day period is about 92.94 .
Given the investment horizon of 90 days LENSAR has a beta of 0.48. This indicates as returns on the market go up, LENSAR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LENSAR Inc will be expected to be much smaller as well. Moreover LENSAR Inc has an alpha of 1.0573, implying that it can generate a 1.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LENSAR Price Density |
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Predictive Modules for LENSAR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LENSAR Inc. 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 LENSAR'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.
LENSAR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LENSAR is not an exception. The market had few large corrections towards the LENSAR'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 LENSAR Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LENSAR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.06 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.22 |
LENSAR 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 LENSAR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LENSAR Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LENSAR Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 42.16 M. Net Loss for the year was (14.38 M) with profit before overhead, payroll, taxes, and interest of 19.95 M. | |
| LENSAR Inc currently holds about 25.2 M in cash with (9.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.29. | |
| LENSAR Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Were Hopeful That LENSAR Will Use Its Cash Wisely |
LENSAR 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 LENSAR Stock often depends not only on the future outlook of the current and potential LENSAR'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. LENSAR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11 M | |
| Cash And Short Term Investments | 24.1 M |
LENSAR Technical Analysis
LENSAR's future price can be derived by breaking down and analyzing its technical indicators over time. LENSAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LENSAR Inc. In general, you should focus on analyzing LENSAR Stock price patterns and their correlations with different microeconomic environments and drivers.
LENSAR Predictive Forecast Models
LENSAR's time-series forecasting models is one of many LENSAR'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 LENSAR'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 LENSAR Inc
Checking the ongoing alerts about LENSAR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LENSAR Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LENSAR Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 42.16 M. Net Loss for the year was (14.38 M) with profit before overhead, payroll, taxes, and interest of 19.95 M. | |
| LENSAR Inc currently holds about 25.2 M in cash with (9.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.29. | |
| LENSAR Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Were Hopeful That LENSAR Will Use Its Cash Wisely |
Additional Tools for LENSAR Stock Analysis
When running LENSAR's price analysis, check to measure LENSAR'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 LENSAR is operating at the current time. Most of LENSAR's value examination focuses on studying past and present price action to predict the probability of LENSAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENSAR's price. Additionally, you may evaluate how the addition of LENSAR to your portfolios can decrease your overall portfolio volatility.