Hookipa Pharma Stock Probability of Future Stock Price Finishing Under 1.94
| HOOK Stock | USD 2.02 0.08 4.12% |
Hookipa |
Hookipa Pharma Target Price Odds to finish below 1.94
The tendency of Hookipa 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 drop to $ 1.94 or more in 90 days |
| 2.02 | 90 days | 1.94 | about 6.81 |
Based on a normal probability distribution, the odds of Hookipa Pharma to drop to $ 1.94 or more in 90 days from now is about 6.81 (This Hookipa Pharma probability density function shows the probability of Hookipa Stock to fall within a particular range of prices over 90 days) . Probability of Hookipa Pharma price to stay between $ 1.94 and its current price of $2.02 at the end of the 90-day period is about 1.38 .
Given the investment horizon of 90 days Hookipa Pharma has a beta of -0.73. This usually indicates as returns on the benchmark increase, returns on holding Hookipa Pharma are expected to decrease at a much lower rate. During a bear market, however, Hookipa Pharma is likely to outperform the market. Additionally Hookipa Pharma has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Hookipa Pharma Price Density |
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Predictive Modules for Hookipa Pharma
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hookipa Pharma. 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.Hookipa Pharma Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hookipa Pharma is not an exception. The market had few large corrections towards the Hookipa Pharma'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 Hookipa Pharma, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hookipa Pharma within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.03 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.25 |
Hookipa Pharma 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 Hookipa Pharma for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hookipa Pharma can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hookipa Pharma generated a negative expected return over the last 90 days | |
| Hookipa Pharma has high historical volatility and very poor performance | |
| Hookipa Pharma has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 20.13 M. Net Loss for the year was (81.58 M) with loss before overhead, payroll, taxes, and interest of (52.97 M). | |
| Hookipa Pharma currently holds about 117.92 M in cash with (57.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Hookipa Pharma has a poor financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Matushansky Igor of 8079 shares of Hookipa Pharma at 0.1 subject to Rule 16b-3 |
Hookipa Pharma 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 Hookipa Stock often depends not only on the future outlook of the current and potential Hookipa Pharma'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. Hookipa Pharma's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.5 M | |
| Cash And Short Term Investments | 117.1 M |
Hookipa Pharma Technical Analysis
Hookipa Pharma's future price can be derived by breaking down and analyzing its technical indicators over time. Hookipa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hookipa Pharma. In general, you should focus on analyzing Hookipa Stock price patterns and their correlations with different microeconomic environments and drivers.