Mink Therapeutics Stock Probability of Future Stock Price Finishing Over 10.56
| INKT Stock | USD 0.52 0.02 4.00% |
Mink |
Mink Therapeutics Target Price Odds to finish over 10.56
The tendency of Mink 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 $ 10.56 or more in 90 days |
| 0.52 | 90 days | 10.56 | close to zero percent |
Based on a normal probability distribution, the odds of Mink Therapeutics to move over $ 10.56 or more in 90 days from now is close to zero percent (This Mink Therapeutics probability density function shows the probability of Mink Stock to fall within a particular range of prices over 90 days) . Probability of Mink Therapeutics price to stay between its current price of $ 0.52 and $ 10.56 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.58 . 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, Mink Therapeutics will likely underperform. Additionally Mink Therapeutics 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. Mink Therapeutics Price Density |
| Price |
Predictive Modules for Mink 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 Mink 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.Mink Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mink Therapeutics is not an exception. The market had few large corrections towards the Mink 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 Mink Therapeutics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mink Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.17 |
Mink 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 Mink Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mink 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.| Mink Therapeutics generated a negative expected return over the last 90 days | |
| Mink Therapeutics has some characteristics of a very speculative penny stock | |
| Mink Therapeutics has high historical volatility and very poor performance | |
| Mink Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (22.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mink Therapeutics currently holds about 29.85 M in cash with (15.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Mink Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: MiNK Therapeutics to Present iNKT Cell Therapy in Gastric Cancer at ASCO GI Annual Meeting |
Mink 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 Mink Stock often depends not only on the future outlook of the current and potential Mink 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. Mink Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.4 M | |
| Cash And Short Term Investments | 3.4 M |
Mink Therapeutics Technical Analysis
Mink Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Mink Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mink Therapeutics. In general, you should focus on analyzing Mink Stock price patterns and their correlations with different microeconomic environments and drivers.
Mink Therapeutics Predictive Forecast Models
Mink Therapeutics' time-series forecasting models is one of many Mink 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 Mink 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 Mink Therapeutics
Checking the ongoing alerts about Mink Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mink Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mink Therapeutics generated a negative expected return over the last 90 days | |
| Mink Therapeutics has some characteristics of a very speculative penny stock | |
| Mink Therapeutics has high historical volatility and very poor performance | |
| Mink Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (22.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mink Therapeutics currently holds about 29.85 M in cash with (15.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Mink Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: MiNK Therapeutics to Present iNKT Cell Therapy in Gastric Cancer at ASCO GI Annual Meeting |
Additional Tools for Mink Stock Analysis
When running Mink Therapeutics' price analysis, check to measure Mink Therapeutics' 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 Mink Therapeutics is operating at the current time. Most of Mink Therapeutics' value examination focuses on studying past and present price action to predict the probability of Mink Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mink Therapeutics' price. Additionally, you may evaluate how the addition of Mink Therapeutics to your portfolios can decrease your overall portfolio volatility.