LiCycle Stock Buy Hold or Sell Recommendation

LICY
 Stock
  

USD 6.01  0.19  3.06%   

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding LiCycle Holdings Corp is 'Cautious Hold'. Macroaxis provides LiCycle Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LICY positions. The advice algorithm takes into account all of LiCycle Holdings' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from LiCycle Holdings' buy-and-hold perspective. Additionally, see LiCycle Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as LiCycle and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards LiCycle Holdings Corp.

Execute LiCycle Holdings Buy or Sell Advice

The LiCycle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on LiCycle Holdings Corp. Macroaxis does not own or have any residual interests in LiCycle Holdings Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute LiCycle Holdings' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell LiCycle HoldingsBuy LiCycle Holdings
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon LiCycle Holdings Corp has a Mean Deviation of 3.31, Standard Deviation of 4.08 and Variance of 16.63
We provide trade recommendation to complement the latest expert consensus on LiCycle Holdings Corp. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at this particular time. To make sure LiCycle Holdings Corp is not overpriced, please verify all LiCycle Holdings Corp fundamentals, including its number of shares shorted, debt to equity, total asset, as well as the relationship between the ebitda and earnings per share . Given that LiCycle Holdings Corp has a number of shares shorted of 11.28 M, we recommend you to check LiCycle Holdings market performance and probability of bankruptcy to ensure the company can sustain itself for the next few years given your latest risk tolerance and investing horizon.

LiCycle Holdings Trading Alerts and Improvement Suggestions

LiCycle Holdings generated a negative expected return over the last 90 days
LiCycle Holdings has high historical volatility and very poor performance
The company reported the previous year's revenue of 7.37 M. Net Loss for the year was (226.56 M) with profit before overhead, payroll, taxes, and interest of 4.27 M.
LiCycle Holdings Corp currently holds about 649.03 M in cash with (27.88 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

LiCycle Holdings Returns Distribution Density

The distribution of LiCycle Holdings' historical returns is an attempt to chart the uncertainty of LiCycle Holdings' future price movements. The chart of the probability distribution of LiCycle Holdings stock daily returns describes the distribution of returns around its average expected value. We use LiCycle Holdings Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of LiCycle Holdings returns is essential to provide solid investment advice for LiCycle Holdings.
Mean Return-0.15Value At Risk-6.72
Potential Upside6.59Standard Deviation4.08
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of LiCycle Holdings 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.

LiCycle Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as LiCycle Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LiCycle Holdings Corp backward and forwards among themselves. LiCycle Holdings' institutional investor refers to the entity that pools money to purchase LiCycle Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Yaupon Capital Management LpCommon Shares90.9 K908 K
Yakira Capital Management IncWarrants30.1 K75 K
Yakira Capital Management IncCommon Shares101 K1.1 M
Yakira Capital Management IncCommon Shares101 KM
Xtx Topco LtdCommon Shares14.1 K97 K
Xtx Topco LtdCommon Shares12.4 K105 K
Xtx Topco LtdCommon Shares16.3 K162 K
Xr Securities LlcPut Options11.2 K1000
Wolverine Trading LlcCommon Shares10.1 K60 K
Wolverine Trading LlcCall Options56.4 K332 K
Note, although LiCycle Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

LiCycle Holdings Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to LiCycle Holdings or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that LiCycle Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a LiCycle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.31
β
Beta against NYSE Composite1.59
σ
Overall volatility
4.01
Ir
Information ratio -0.06

LiCycle Holdings Volatility Alert

LiCycle Holdings Corp exhibits very low volatility with skewness of -0.1 and kurtosis of -0.69. However, we advise investors to further study LiCycle Holdings Corp technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure LiCycle Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact LiCycle Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

LiCycle Holdings Fundamentals Vs Peers

Comparing LiCycle Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze LiCycle Holdings' direct or indirect competition across all of the common fundamentals between LiCycle Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as LiCycle Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of LiCycle Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing LiCycle Holdings by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare LiCycle Holdings to competition
FundamentalsLiCycle HoldingsPeer Average
Return On Equity(0.85) %(0.31) %
Return On Asset(0.11) %(0.14) %
Operating Margin(5.76) %(5.51) %
Current Valuation780.49 M16.62 B
Shares Outstanding175.43 M571.82 M
Shares Owned by Insiders22.00 %10.09 %
Shares Owned by Institutions42.44 %39.21 %
Number of Shares Shorted11.28 M4.71 M
Price to Book1.99 X9.51 X
Price to Sales72.92 X11.42 X
Revenue7.37 M9.43 B
Gross Profit4.27 M27.38 B
EBITDA(220.61 M)3.9 B
Net Income(226.56 M)570.98 M
Cash and Equivalents649.03 M2.7 B
Cash per Share3.70 X5.01 X
Total Debt100.91 M5.32 B
Debt to Equity0.65 %48.70 %
Current Ratio17.25 X2.16 X
Book Value Per Share2.99 X1.93 K
Cash Flow from Operations(27.88 M)971.22 M
Short Ratio9.20 X4.00 X
Earnings Per Share(1.40) X3.12 X
Target Price9.78
Number of Employees15518.84 K
Beta1.0-0.15
Market Capitalization1.09 B19.03 B
Total Asset665.15 M29.47 B
Z Score1.88.72
Net Asset665.15 M
   Conversion by Silver Jonathan Moses of 30000 shares of Li-Cycle Holdings [view details]

About LiCycle Holdings Buy or Sell Advice

When is the right time to buy or sell LiCycle Holdings Corp? Buying financial instruments such as LiCycle 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.

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Additionally, see LiCycle Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the LiCycle Holdings Corp information on this page should be used as a complementary analysis to other LiCycle 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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