Li-Cycle Stock Probability of Future Stock Price Finishing Over 5.91

LICY
 Stock
  

USD 5.91  0.04  0.67%   

Li-Cycle Holdings' future price is the expected price of Li-Cycle Holdings instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Li-Cycle Holdings Corp performance during a given time horizon utilizing its historical volatility.
  
Li-Cycle Holdings' implied volatility is one of the determining factors in the pricing options written on Li-Cycle Holdings Corp. Implied volatility approximates the future value of Li-Cycle Holdings based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Li-Cycle Holdings Corp over a specific time period. For example, 2022-12-16 CALL at $6.0 is a CALL option contract on Li-Cycle Holdings' common stock with a strick price of 6.0 expiring on 2022-12-16. The contract was last traded on 2022-11-28 at 09:59:38 for $0.35 and, as of today, has 17 days remaining before the expiration. The option is currently trading at a bid price of $0.25, and an ask price of $0.35. The implied volatility as of the 29th of November is 71.9301. View All Li-Cycle options

Closest to current price Li-Cycle long CALL Option Payoff at Expiration

Additionally, see Li-Cycle Holdings Backtesting, Li-Cycle Holdings Valuation, Li-Cycle Holdings Correlation, Li-Cycle Holdings Hype Analysis, Li-Cycle Holdings Volatility, Li-Cycle Holdings History as well as Li-Cycle Holdings Performance. Please specify Li-Cycle Holdings time horizon, a valid symbol (red box) and a target price (blue box) you would like Li-Cycle Holdings odds to be computed.

Li-Cycle Holdings Target Price Odds to finish over 5.91

The tendency of Li-Cycle 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 5.91 90 days 5.91 
about 61.79
Based on a normal probability distribution, the odds of Li-Cycle Holdings to move above the current price in 90 days from now is about 61.79 (This Li-Cycle Holdings Corp probability density function shows the probability of Li-Cycle Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.41 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Li-Cycle Holdings will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Li-Cycle Holdings Corp is significantly underperforming DOW.
   Li-Cycle Holdings Price Density   
       Price  

Predictive Modules for Li-Cycle Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Li-Cycle Holdings Corp. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Li-Cycle Holdings' 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 Li-Cycle Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.196.2110.23
Details
Intrinsic
Valuation
LowReal ValueHigh
4.138.1512.17
Details
Naive
Forecast
LowNext ValueHigh
2.206.2210.24
Details
7 Analysts
Consensus
LowTarget PriceHigh
11.0014.5717.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Li-Cycle Holdings. Your research has to be compared to or analyzed against Li-Cycle Holdings' peers to derive any actionable benefits. When done correctly, Li-Cycle Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Li-Cycle Holdings Corp.

Li-Cycle Holdings Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Li-Cycle Holdings is not an exception. The market had few large corrections towards the Li-Cycle Holdings' 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 Li-Cycle Holdings Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Li-Cycle Holdings within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.34
β
Beta against DOW1.41
σ
Overall volatility
0.60
Ir
Information ratio -0.08

Li-Cycle Holdings 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 Li-Cycle Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Li-Cycle Holdings Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Li-Cycle Holdings generated a negative expected return over the last 90 days
Li-Cycle Holdings has high historical volatility and very poor performance
Li-Cycle Holdings has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 14.92 M. Net Loss for the year was (224.53 M) with profit before overhead, payroll, taxes, and interest of 4.27 M.
Li-Cycle Holdings Corp currently holds about 649.03 M in cash with (75.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7.
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Institutional owners may consider drastic measures as Li-Cycle Holdings Corp.s recent US89m drop adds to long-term losses - Simply Wall St

Li-Cycle Holdings 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 Li-Cycle Stock often depends not only on the future outlook of the current and potential Li-Cycle Holdings' 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. Li-Cycle Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out6.75%
Short Percent Of Float8.65%
Float Shares112.73M
Average Daily Volume Last 10 Day1.29M
Shares Short Prior Month12.12M
Average Daily Volume In Three Month1.58M
Date Short Interest31st of October 2022

Li-Cycle Holdings Technical Analysis

Li-Cycle Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Li-Cycle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Li-Cycle Holdings Corp. In general, you should focus on analyzing Li-Cycle Stock price patterns and their correlations with different microeconomic environments and drivers.

Li-Cycle Holdings Predictive Forecast Models

Li-Cycle Holdings time-series forecasting models is one of many Li-Cycle Holdings' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Li-Cycle Holdings' 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 Li-Cycle Holdings Corp

Checking the ongoing alerts about Li-Cycle Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Li-Cycle Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Li-Cycle Holdings generated a negative expected return over the last 90 days
Li-Cycle Holdings has high historical volatility and very poor performance
Li-Cycle Holdings has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 14.92 M. Net Loss for the year was (224.53 M) with profit before overhead, payroll, taxes, and interest of 4.27 M.
Li-Cycle Holdings Corp currently holds about 649.03 M in cash with (75.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7.
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Institutional owners may consider drastic measures as Li-Cycle Holdings Corp.s recent US89m drop adds to long-term losses - Simply Wall St
Additionally, see Li-Cycle Holdings Backtesting, Li-Cycle Holdings Valuation, Li-Cycle Holdings Correlation, Li-Cycle Holdings Hype Analysis, Li-Cycle Holdings Volatility, Li-Cycle Holdings History as well as Li-Cycle Holdings Performance. Note that the Li-Cycle Holdings Corp information on this page should be used as a complementary analysis to other Li-Cycle Holdings' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Li-Cycle Stock analysis

When running Li-Cycle Holdings Corp price analysis, check to measure Li-Cycle Holdings' 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 Li-Cycle Holdings is operating at the current time. Most of Li-Cycle Holdings' value examination focuses on studying past and present price action to predict the probability of Li-Cycle Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Li-Cycle Holdings' price. Additionally, you may evaluate how the addition of Li-Cycle Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Li-Cycle Holdings' 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 Li-Cycle Holdings. If investors know Li-Cycle 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 Li-Cycle Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
32.62
Return On Assets
(0.11) 
Return On Equity
(0.85) 
The market value of Li-Cycle Holdings Corp is measured differently than its book value, which is the value of Li-Cycle that is recorded on the company's balance sheet. Investors also form their own opinion of Li-Cycle Holdings' value that differs from its market value or its book value, called intrinsic value, which is Li-Cycle Holdings' 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 Li-Cycle Holdings' market value can be influenced by many factors that don't directly affect Li-Cycle Holdings' 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 Li-Cycle Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Li-Cycle Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li-Cycle Holdings' 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.