Diamedica Therapeutics Stock Probability of Future Stock Price Finishing Over 21.02
| DMAC Stock | USD 6.41 1.54 31.62% |
DiaMedica |
DiaMedica Therapeutics Target Price Odds to finish over 21.02
The tendency of DiaMedica 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 $ 21.02 or more in 90 days |
| 6.41 | 90 days | 21.02 | close to zero percent |
Based on a normal probability distribution, the odds of DiaMedica Therapeutics to move over $ 21.02 or more in 90 days from now is close to zero percent (This DiaMedica Therapeutics probability density function shows the probability of DiaMedica Stock to fall within a particular range of prices over 90 days) . Probability of DiaMedica Therapeutics price to stay between its current price of $ 6.41 and $ 21.02 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.53 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DiaMedica Therapeutics will likely underperform. Additionally DiaMedica Therapeutics has an alpha of 0.7784, implying that it can generate a 0.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DiaMedica Therapeutics Price Density |
| Price |
Predictive Modules for DiaMedica Therapeutics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DiaMedica Therapeutics. 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.DiaMedica Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DiaMedica Therapeutics is not an exception. The market had few large corrections towards the DiaMedica Therapeutics' 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 DiaMedica Therapeutics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DiaMedica Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.78 | |
β | Beta against Dow Jones | 1.53 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.15 |
DiaMedica Therapeutics 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 DiaMedica Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DiaMedica Therapeutics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DiaMedica Therapeutics is way too risky over 90 days horizon | |
| DiaMedica Therapeutics appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (19.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DiaMedica Therapeutics currently holds about 38.44 M in cash with (18.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45. | |
| DiaMedica Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Individual investors are DiaMedica Therapeutics Inc.s biggest owners and were hit after market cap dropped US26m |
DiaMedica Therapeutics 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 DiaMedica Stock often depends not only on the future outlook of the current and potential DiaMedica Therapeutics' 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. DiaMedica Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.6 M | |
| Cash And Short Term Investments | 52.9 M |
DiaMedica Therapeutics Technical Analysis
DiaMedica Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. DiaMedica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DiaMedica Therapeutics. In general, you should focus on analyzing DiaMedica Stock price patterns and their correlations with different microeconomic environments and drivers.
DiaMedica Therapeutics Predictive Forecast Models
DiaMedica Therapeutics' time-series forecasting models is one of many DiaMedica Therapeutics' 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 DiaMedica Therapeutics' 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 DiaMedica Therapeutics
Checking the ongoing alerts about DiaMedica Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DiaMedica Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DiaMedica Therapeutics is way too risky over 90 days horizon | |
| DiaMedica Therapeutics appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (19.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DiaMedica Therapeutics currently holds about 38.44 M in cash with (18.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45. | |
| DiaMedica Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Individual investors are DiaMedica Therapeutics Inc.s biggest owners and were hit after market cap dropped US26m |
Check out DiaMedica Therapeutics Backtesting, DiaMedica Therapeutics Valuation, DiaMedica Therapeutics Correlation, DiaMedica Therapeutics Hype Analysis, DiaMedica Therapeutics Volatility, DiaMedica Therapeutics History as well as DiaMedica Therapeutics Performance. For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 DiaMedica Therapeutics. If investors know DiaMedica 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 DiaMedica Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Return On Assets (0.24) | Return On Equity (0.35) |
The market value of DiaMedica Therapeutics is measured differently than its book value, which is the value of DiaMedica that is recorded on the company's balance sheet. Investors also form their own opinion of DiaMedica Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is DiaMedica Therapeutics' 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 DiaMedica Therapeutics' market value can be influenced by many factors that don't directly affect DiaMedica Therapeutics' 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 DiaMedica Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if DiaMedica Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DiaMedica Therapeutics' 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.