La-Z-Boy Stock Probability of Future Stock Price Finishing Over 24.91

LZB
 Stock
  

USD 24.77  0.17  0.68%   

La-Z-Boy Incorporated's future price is the expected price of La-Z-Boy Incorporated 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 La-Z-Boy Incorporated performance during a given time horizon utilizing its historical volatility. The current year Price to Book Value is expected to grow to 1.63. The current year Price to Earnings Ratio is expected to grow to 11.11.
  
La-Z-Boy Incorporated's implied volatility is one of the determining factors in the pricing options written on La-Z-Boy Incorporated. Implied volatility approximates the future value of La-Z-Boy Incorporated 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 La-Z-Boy Incorporated over a specific time period. For example, 2022-12-16 CALL at $25.0 is a CALL option contract on La-Z-Boy Incorporated's common stock with a strick price of 25.0 expiring on 2022-12-16. The contract was last traded on 2022-12-02 at 15:58:38 for $0.5 and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $1.9. The implied volatility as of the 5th of December is 32.2355. View All La-Z-Boy options

Closest to current price La-Z-Boy long CALL Option Payoff at Expiration

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

La-Z-Boy Incorporated Target Price Odds to finish over 24.91

The tendency of La-Z-Boy 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 over $ 24.91  or more in 90 days
 24.77 90 days 24.91 
about 42.84
Based on a normal probability distribution, the odds of La-Z-Boy Incorporated to move over $ 24.91  or more in 90 days from now is about 42.84 (This La-Z-Boy Incorporated probability density function shows the probability of La-Z-Boy Stock to fall within a particular range of prices over 90 days) . Probability of La-Z-Boy Incorporated price to stay between its current price of $ 24.77  and $ 24.91  at the end of the 90-day period is under 4.
Considering the 90-day investment horizon 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, La-Z-Boy Incorporated will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. La-Z-Boy Incorporated is significantly underperforming NYSE Composite.
   La-Z-Boy Incorporated Price Density   
       Price  

Predictive Modules for La-Z-Boy Incorporated

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as La-Z-Boy Incorporated. 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 La-Z-Boy Incorporated'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 La-Z-Boy Incorporated in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
22.0324.7727.51
Details
Intrinsic
Valuation
LowReal ValueHigh
22.2930.0832.82
Details
2 Analysts
Consensus
LowTarget PriceHigh
46.0046.0046.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
3.623.763.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as La-Z-Boy Incorporated. Your research has to be compared to or analyzed against La-Z-Boy Incorporated's peers to derive any actionable benefits. When done correctly, La-Z-Boy Incorporated's 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 La-Z-Boy Incorporated.

La-Z-Boy Incorporated Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. La-Z-Boy Incorporated is not an exception. The market had few large corrections towards the La-Z-Boy Incorporated'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 La-Z-Boy Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of La-Z-Boy Incorporated within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.2
β
Beta against NYSE Composite1.41
σ
Overall volatility
1.44
Ir
Information ratio -0.06

La-Z-Boy Incorporated 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 La-Z-Boy Incorporated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for La-Z-Boy Incorporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
La-Z-Boy Incorporated generated a negative expected return over the last 90 days
La-Z-Boy Incorporated has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Armchair Vs. Recliner Whats The Difference - House Digest

La-Z-Boy Incorporated 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 La-Z-Boy Stock often depends not only on the future outlook of the current and potential La-Z-Boy Incorporated'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. La-Z-Boy Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding44294000.00
Cash And Short Term Investments245589000.00

La-Z-Boy Incorporated Technical Analysis

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

La-Z-Boy Incorporated Predictive Forecast Models

La-Z-Boy Incorporated time-series forecasting models is one of many La-Z-Boy Incorporated's 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 La-Z-Boy Incorporated'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 La-Z-Boy Incorporated

Checking the ongoing alerts about La-Z-Boy Incorporated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for La-Z-Boy Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
La-Z-Boy Incorporated generated a negative expected return over the last 90 days
La-Z-Boy Incorporated has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Armchair Vs. Recliner Whats The Difference - House Digest
Additionally, see La-Z-Boy Incorporated Backtesting, La-Z-Boy Incorporated Valuation, La-Z-Boy Incorporated Correlation, La-Z-Boy Incorporated Hype Analysis, La-Z-Boy Incorporated Volatility, La-Z-Boy Incorporated History as well as La-Z-Boy Incorporated Performance. Note that the La-Z-Boy Incorporated information on this page should be used as a complementary analysis to other La-Z-Boy Incorporated'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for La-Z-Boy Stock analysis

When running La-Z-Boy Incorporated price analysis, check to measure La-Z-Boy Incorporated'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 La-Z-Boy Incorporated is operating at the current time. Most of La-Z-Boy Incorporated's value examination focuses on studying past and present price action to predict the probability of La-Z-Boy Incorporated's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move La-Z-Boy Incorporated's price. Additionally, you may evaluate how the addition of La-Z-Boy Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated. If investors know La-Z-Boy 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 La-Z-Boy Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.65
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0757
Return On Equity
0.21
The market value of La-Z-Boy Incorporated is measured differently than its book value, which is the value of La-Z-Boy that is recorded on the company's balance sheet. Investors also form their own opinion of La-Z-Boy Incorporated's value that differs from its market value or its book value, called intrinsic value, which is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's market value can be influenced by many factors that don't directly affect La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine La-Z-Boy Incorporated value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated'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.