Absci Corp Stock Probability of Future Stock Price Finishing Under 1.79
| ABSI Stock | USD 2.99 0.07 2.40% |
Absci |
Absci Corp 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 Absci Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Absci 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.| Absci Corp generated a negative expected return over the last 90 days | |
| Absci Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 5.72 M. Net Loss for the year was (110.57 M) with loss before overhead, payroll, taxes, and interest of (39.8 M). | |
| Absci Corp currently holds about 206.02 M in cash with (64.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Roughly 63.0% of the company shares are held by institutions such as insurance companies |
Absci Corp 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 Absci Stock often depends not only on the future outlook of the current and potential Absci Corp'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. Absci Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 92 M | |
| Cash And Short Term Investments | 97.7 M |
Absci Corp Technical Analysis
Absci Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Absci Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Absci Corp. In general, you should focus on analyzing Absci Stock price patterns and their correlations with different microeconomic environments and drivers.
Absci Corp Predictive Forecast Models
Absci Corp's time-series forecasting models is one of many Absci Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Absci Corp'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 Absci Corp
Checking the ongoing alerts about Absci Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Absci Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Absci Corp generated a negative expected return over the last 90 days | |
| Absci Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 5.72 M. Net Loss for the year was (110.57 M) with loss before overhead, payroll, taxes, and interest of (39.8 M). | |
| Absci Corp currently holds about 206.02 M in cash with (64.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Roughly 63.0% of the company shares are held by institutions such as insurance companies |
Check out Absci Corp Backtesting, Absci Corp Valuation, Absci Corp Correlation, Absci Corp Hype Analysis, Absci Corp Volatility, Absci Corp History as well as Absci Corp Performance. For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Biotechnology space 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 Absci Corp. If investors know Absci 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 Absci Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Absci Corp is measured differently than its book value, which is the value of Absci that is recorded on the company's balance sheet. Investors also form their own opinion of Absci Corp's value that differs from its market value or its book value, called intrinsic value, which is Absci Corp'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 Absci Corp's market value can be influenced by many factors that don't directly affect Absci Corp'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 Absci Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absci Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absci Corp'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.