Life Healthcare Group Stock Probability of Future Pink Sheet Price Finishing Over 2.44
| LTGHY Stock | USD 3.44 0.08 2.27% |
Life |
Life Healthcare Target Price Odds to finish over 2.44
The tendency of Life Pink Sheet 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 above $ 2.44 in 90 days |
| 3.44 | 90 days | 2.44 | close to 99 |
Based on a normal probability distribution, the odds of Life Healthcare to stay above $ 2.44 in 90 days from now is close to 99 (This Life Healthcare Group probability density function shows the probability of Life Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Life Healthcare Group price to stay between $ 2.44 and its current price of $3.44 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Life Healthcare has a beta of 0.29. This indicates as returns on the market go up, Life Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Life Healthcare Group will be expected to be much smaller as well. Additionally Life Healthcare Group 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. Life Healthcare Price Density |
| Price |
Predictive Modules for Life Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Life Healthcare Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Life Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Life Healthcare is not an exception. The market had few large corrections towards the Life Healthcare'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 Life Healthcare Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Life Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.01 |
Life Healthcare 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 Life Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Life Healthcare Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Life Healthcare generated a negative expected return over the last 90 days | |
| Life Healthcare Group has accumulated 10.33 B in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. Life Healthcare Group has a current ratio of 0.6, 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 Life Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Life Healthcare'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 Life Healthcare Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Life to invest in growth at high rates of return. When we think about Life Healthcare's use of debt, we should always consider it together with cash and equity. |
Life Healthcare 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 Life Pink Sheet often depends not only on the future outlook of the current and potential Life Healthcare'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. Life Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
Life Healthcare Technical Analysis
Life Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Life Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Life Healthcare Group. In general, you should focus on analyzing Life Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Life Healthcare Predictive Forecast Models
Life Healthcare's time-series forecasting models is one of many Life Healthcare's pink sheet 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 Life Healthcare'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Life Healthcare Group
Checking the ongoing alerts about Life Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Life Healthcare Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Life Healthcare generated a negative expected return over the last 90 days | |
| Life Healthcare Group has accumulated 10.33 B in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. Life Healthcare Group has a current ratio of 0.6, 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 Life Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Life Healthcare'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 Life Healthcare Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Life to invest in growth at high rates of return. When we think about Life Healthcare's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Life Pink Sheet Analysis
When running Life Healthcare's price analysis, check to measure Life Healthcare'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 Life Healthcare is operating at the current time. Most of Life Healthcare's value examination focuses on studying past and present price action to predict the probability of Life Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Healthcare's price. Additionally, you may evaluate how the addition of Life Healthcare to your portfolios can decrease your overall portfolio volatility.