LumiraDx Buy Hold or Sell Recommendation
| LMDXDelisted Stock | USD 0.42 0.02 4.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding LumiraDx is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell LumiraDx given historical horizon and risk tolerance towards LumiraDx. When Macroaxis issues a 'buy' or 'sell' recommendation for LumiraDx, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. In addition, we conduct extensive research on individual companies such as LumiraDx and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards LumiraDx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
LumiraDx |
Execute LumiraDx Buy or Sell Advice
The LumiraDx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on LumiraDx. Macroaxis does not own or have any residual interests in LumiraDx or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute LumiraDx's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Not Rated
LumiraDx Trading Alerts and Improvement Suggestions
| LumiraDx is not yet fully synchronised with the market data | |
| LumiraDx has some characteristics of a very speculative penny stock | |
| LumiraDx has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 254.48 M. Net Loss for the year was (449.19 M) with profit before overhead, payroll, taxes, and interest of 61.02 M. | |
| LumiraDx currently holds about 106.45 M in cash with (162.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42. | |
| Roughly 55.0% of the company outstanding shares are owned by corporate insiders |
LumiraDx Returns Distribution Density
The distribution of LumiraDx's historical returns is an attempt to chart the uncertainty of LumiraDx's future price movements. The chart of the probability distribution of LumiraDx daily returns describes the distribution of returns around its average expected value. We use LumiraDx price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of LumiraDx returns is essential to provide solid investment advice for LumiraDx.
| Mean Return | -0.8 | Value At Risk | -10.71 | Potential Upside | 11.54 | Standard Deviation | 6.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of LumiraDx historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
LumiraDx Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as LumiraDx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About LumiraDx Buy or Sell Advice
When is the right time to buy or sell LumiraDx? Buying financial instruments such as LumiraDx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having LumiraDx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in LumiraDx Stock
If you are still planning to invest in LumiraDx check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LumiraDx's history and understand the potential risks before investing.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stocks Directory Find actively traded stocks across global markets |