Histogen Odds of Future Stock Price Finishing Under -0.0237
| HSTODelisted Stock | USD 0.03 0.00 0.00% |
Histogen |
Histogen Target Price Odds to finish below -0.0237
The tendency of Histogen 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 $(0.02) or more in 90 days |
| 0.03 | 90 days | (0.02) | near 1 |
Based on a normal probability distribution, the odds of Histogen to drop to $(0.02) or more in 90 days from now is near 1 (This Histogen probability density function shows the probability of Histogen Stock to fall within a particular range of prices over 90 days) . Probability of Histogen price to stay between $(0.02) and its current price of $0.027 at the end of the 90-day period is about 75.22 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.6 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Histogen will likely underperform. Additionally Histogen has an alpha of 0.9984, implying that it can generate a 1.0 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Histogen Price Density |
| Price |
Predictive Modules for Histogen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Histogen. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Histogen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Histogen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Histogen is not an exception. The market had few large corrections towards the Histogen'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 Histogen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Histogen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.00 | |
β | Beta against Dow Jones | 1.60 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.13 |
Histogen 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 Histogen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Histogen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Histogen is not yet fully synchronised with the market data | |
| Histogen is way too risky over 90 days horizon | |
| Histogen has some characteristics of a very speculative penny stock | |
| Histogen appears to be risky and price may revert if volatility continues | |
| Histogen has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 19 K. Net Loss for the year was (12.38 M) with loss before overhead, payroll, taxes, and interest of (3.26 M). | |
| Histogen currently holds about 12.6 M in cash with (10.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Histogen 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 Histogen Stock often depends not only on the future outlook of the current and potential Histogen'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. Histogen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.2 M | |
| Cash And Short Term Investments | 12.5 M |
Histogen Technical Analysis
Histogen's future price can be derived by breaking down and analyzing its technical indicators over time. Histogen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Histogen. In general, you should focus on analyzing Histogen Stock price patterns and their correlations with different microeconomic environments and drivers.
Histogen Predictive Forecast Models
Histogen's time-series forecasting models is one of many Histogen'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 Histogen'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 Histogen
Checking the ongoing alerts about Histogen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Histogen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Histogen is not yet fully synchronised with the market data | |
| Histogen is way too risky over 90 days horizon | |
| Histogen has some characteristics of a very speculative penny stock | |
| Histogen appears to be risky and price may revert if volatility continues | |
| Histogen has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 19 K. Net Loss for the year was (12.38 M) with loss before overhead, payroll, taxes, and interest of (3.26 M). | |
| Histogen currently holds about 12.6 M in cash with (10.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Histogen Stock
If you are still planning to invest in Histogen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Histogen's history and understand the potential risks before investing.
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