The relative strength index (RSI) of Local Bounti's stock price is about 60. This indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling a stock, making its price go up or down.
Oversold Vs Overbought
Local Bounti Corp stock price prediction is an act of determining the future value of Local Bounti shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Local Bounti's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Local Bounti and does not consider all of the tangible or intangible factors available from Local Bounti's fundamental data. We analyze noise-free headlines and recent hype associated with Local Bounti Corp, which may create opportunities for some arbitrage if properly timed.Below are the key fundamental drivers impacting Local Bounti's stock price prediction:
EPS Estimate Next Quarter
EPS Estimate Current Year
EPS Estimate Next Year
Wall Street Target Price
EPS Estimate Current Quarter
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Local Bounti based on different types of headlines from major news networks to social media. The Local stock price prediction module provides an analysis of price elasticity to changes in media outlook on Local Bounti over a specific investment horizon. Using Local Bounti hype-based prediction, you can estimate the value of Local Bounti Corp from the perspective of Local Bounti response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Local Bounti. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Local Bounti to buy its stock at a price that has no basis in reality. In that case, they are not buying Local because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Local Bounti after-hype prediction price
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.Check out Local Bounti Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Local Bounti'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. Please use the tools below to analyze the current value of Local Bounti in the context of predictive analytics.
Local Bounti After-Hype Price Prediction Density Analysis
As far as predicting the price of Local Bounti at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Local Bounti or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Local Bounti, with the unreliable approximations that try to describe financial returns.
Local Bounti Estimiated After-Hype Price Volatility
In the context of predicting Local Bounti's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Local Bounti's historical news coverage. Local Bounti's after-hype downside and upside margins for the prediction period are 0.14 and 7.76, respectively. We have considered Local Bounti's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Local Bounti Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Local Bounti is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Local Bounti backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Local Bounti, there might be something going there, and it might present an excellent short sale opportunity.
3 Events / Month
4 Events / Month
In about 3 days
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|Average after-hype volatility
Local Bounti Hype TimelineLocal Bounti Corp is now traded for 2.72. The entity has historical hype elasticity of -0.02 and average elasticity to hype of competition of 0.09. Local is forecasted to decline in value after the next headline with the price expected to drop to 2.7. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next newsis expected to be -0.74% whereas the daily expected return is now at -0.31%. The volatility of related hype on Local Bounti is about 1834.53% with expected price after next announcement by competition of 2.81. About 54.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Local Bounti Corp recorded a loss per share of 11.19. The entity had not issued any dividends in recent years. The firm had 1:13 split on the 15th of June 2023. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days. Check out Local Bounti Basic Forecasting Models to cross-verify your projections.
Local Bounti Related Hype Analysis
Having access to credible news sources related to Local Bounti's direct competition is more important than ever and may enhance your ability to predict Local Bounti's future price movements. Getting to know how Local Bounti rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Local Bounti may potentially react to the hype associated with one of its peers.
Local Bounti Additional Predictive ModulesMost predictive techniques to examine Local price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Local using various technical indicators. When you analyze Local charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
About Local Bounti Predictive Indicators
Story Coverage note for Local Bounti
The number of cover stories for Local Bounti depends on current market conditions and Local Bounti's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Local Bounti is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Local Bounti's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Local Bounti Short Properties
Local Bounti's future price predictability will typically decrease when Local Bounti's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Local Bounti Corp often depends not only on the future outlook of the potential Local Bounti'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. Local Bounti's indicators that are reflective of the short sentiment are summarized in the table below.When determining whether Local Bounti Corp is a strong investment it is important to analyze Local Bounti's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Local Bounti's future performance. For an informed investment choice regarding Local Stock, refer to the following important reports:
Check out Local Bounti Basic Forecasting Models to cross-verify your projections.Note that the Local Bounti Corp information on this page should be used as a complementary analysis to other Local Bounti's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Local Stock analysis
When running Local Bounti's price analysis, check to measure Local Bounti'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 Local Bounti is operating at the current time. Most of Local Bounti's value examination focuses on studying past and present price action to predict the probability of Local Bounti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Local Bounti's price. Additionally, you may evaluate how the addition of Local Bounti to your portfolios can decrease your overall portfolio volatility.
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Is Local Bounti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
Return On Equity
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.