Pasithea Therapeutics Corp Stock Probability of Future Stock Price Finishing Under 7.3
| KTTA Stock | USD 2.73 0.06 2.15% |
Pasithea |
Pasithea Therapeutics Target Price Odds to finish below 7.3
The tendency of Pasithea 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 stay under $ 7.30 after 90 days |
| 2.73 | 90 days | 7.30 | close to 99 |
Based on a normal probability distribution, the odds of Pasithea Therapeutics to stay under $ 7.30 after 90 days from now is close to 99 (This Pasithea Therapeutics Corp probability density function shows the probability of Pasithea Stock to fall within a particular range of prices over 90 days) . Probability of Pasithea Therapeutics price to stay between its current price of $ 2.73 and $ 7.30 at the end of the 90-day period is about 84.92 .
Given the investment horizon of 90 days Pasithea Therapeutics Corp has a beta of -0.0243. This indicates as returns on the benchmark increase, returns on holding Pasithea Therapeutics are expected to decrease at a much lower rate. During a bear market, however, Pasithea Therapeutics Corp is likely to outperform the market. Additionally Pasithea Therapeutics Corp 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. Pasithea Therapeutics Price Density |
| Price |
Predictive Modules for Pasithea 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 Pasithea 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pasithea Therapeutics' 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.
Pasithea Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pasithea Therapeutics is not an exception. The market had few large corrections towards the Pasithea 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 Pasithea Therapeutics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pasithea Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.90 | |
Ir | Information ratio | -0.03 |
Pasithea 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 Pasithea Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pasithea 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.| Pasithea Therapeutics generated a negative expected return over the last 90 days | |
| Pasithea Therapeutics has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 486.56 K. Net Loss for the year was (15.51 M) with loss before overhead, payroll, taxes, and interest of (2.21 K). | |
| Pasithea Therapeutics Corp currently holds about 47.94 M in cash with (13.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: KTTA stock touches 52-week low at 2.72 amid market challenges - Investing.com |
Pasithea 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 Pasithea Stock often depends not only on the future outlook of the current and potential Pasithea 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. Pasithea Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 M | |
| Cash And Short Term Investments | 16.3 M |
Pasithea Therapeutics Technical Analysis
Pasithea Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Pasithea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pasithea Therapeutics Corp. In general, you should focus on analyzing Pasithea Stock price patterns and their correlations with different microeconomic environments and drivers.
Pasithea Therapeutics Predictive Forecast Models
Pasithea Therapeutics' time-series forecasting models is one of many Pasithea 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 Pasithea 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 Pasithea Therapeutics
Checking the ongoing alerts about Pasithea Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pasithea Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pasithea Therapeutics generated a negative expected return over the last 90 days | |
| Pasithea Therapeutics has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 486.56 K. Net Loss for the year was (15.51 M) with loss before overhead, payroll, taxes, and interest of (2.21 K). | |
| Pasithea Therapeutics Corp currently holds about 47.94 M in cash with (13.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: KTTA stock touches 52-week low at 2.72 amid market challenges - Investing.com |
Check out Pasithea Therapeutics Backtesting, Pasithea Therapeutics Valuation, Pasithea Therapeutics Correlation, Pasithea Therapeutics Hype Analysis, Pasithea Therapeutics Volatility, Pasithea Therapeutics History as well as Pasithea Therapeutics Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Pasithea Therapeutics. If investors know Pasithea 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 Pasithea 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 (14.79) | Revenue Per Share 0.37 | Quarterly Revenue Growth 14.981 | Return On Assets (0.38) | Return On Equity (0.63) |
The market value of Pasithea Therapeutics is measured differently than its book value, which is the value of Pasithea that is recorded on the company's balance sheet. Investors also form their own opinion of Pasithea Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Pasithea 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 Pasithea Therapeutics' market value can be influenced by many factors that don't directly affect Pasithea 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 Pasithea Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pasithea Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pasithea 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.