Actinogen Medical (Australia) Probability of Future Stock Price Finishing Over 0.029
| ACW Stock | 0.02 0 4.00% |
Actinogen |
Actinogen Medical Target Price Odds to finish over 0.029
The tendency of Actinogen 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 Price | Horizon | Target Price | Odds to move over 0.03 or more in 90 days |
| 0.02 | 90 days | 0.03 | about 7.81 |
Based on a normal probability distribution, the odds of Actinogen Medical to move over 0.03 or more in 90 days from now is about 7.81 (This Actinogen Medical probability density function shows the probability of Actinogen Stock to fall within a particular range of prices over 90 days) . Probability of Actinogen Medical price to stay between its current price of 0.02 and 0.03 at the end of the 90-day period is about 74.95 .
Assuming the 90 days trading horizon Actinogen Medical has a beta of -0.71. This suggests as returns on the benchmark increase, returns on holding Actinogen Medical are expected to decrease at a much lower rate. During a bear market, however, Actinogen Medical is likely to outperform the market. Additionally Actinogen Medical has an alpha of 0.1125, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Actinogen Medical Price Density |
| Price |
Predictive Modules for Actinogen Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Actinogen Medical. Regardless of method or technology, however, to accurately forecast the stock 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.Actinogen Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Actinogen Medical is not an exception. The market had few large corrections towards the Actinogen Medical'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 Actinogen Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Actinogen Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.71 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.01 |
Actinogen Medical 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 Actinogen Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Actinogen Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Actinogen Medical has some characteristics of a very speculative penny stock | |
| Actinogen Medical had very high historical volatility over the last 90 days | |
| Actinogen Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.93 M. Net Loss for the year was (13.04 M) with profit before overhead, payroll, taxes, and interest of 4.89 M. | |
| Actinogen Medical has accumulated about 7.18 M in cash with (16.95 M) of positive cash flow from operations. | |
| Roughly 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Actinogen Medical Expands Alzheimers Drug Trial to US - MSN |
Actinogen Medical 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 Actinogen Stock often depends not only on the future outlook of the current and potential Actinogen Medical'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. Actinogen Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B | |
| Cash And Short Term Investments | 9.5 M |
Actinogen Medical Technical Analysis
Actinogen Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Actinogen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Actinogen Medical. In general, you should focus on analyzing Actinogen Stock price patterns and their correlations with different microeconomic environments and drivers.
Actinogen Medical Predictive Forecast Models
Actinogen Medical's time-series forecasting models is one of many Actinogen Medical'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 Actinogen Medical'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 Actinogen Medical
Checking the ongoing alerts about Actinogen Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Actinogen Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Actinogen Medical has some characteristics of a very speculative penny stock | |
| Actinogen Medical had very high historical volatility over the last 90 days | |
| Actinogen Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.93 M. Net Loss for the year was (13.04 M) with profit before overhead, payroll, taxes, and interest of 4.89 M. | |
| Actinogen Medical has accumulated about 7.18 M in cash with (16.95 M) of positive cash flow from operations. | |
| Roughly 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Actinogen Medical Expands Alzheimers Drug Trial to US - MSN |
Additional Tools for Actinogen Stock Analysis
When running Actinogen Medical's price analysis, check to measure Actinogen Medical'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 Actinogen Medical is operating at the current time. Most of Actinogen Medical's value examination focuses on studying past and present price action to predict the probability of Actinogen Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Actinogen Medical's price. Additionally, you may evaluate how the addition of Actinogen Medical to your portfolios can decrease your overall portfolio volatility.