Lexicon Pharmaceuticals Stock Probability of Future Stock Price Finishing Over 23.27
| LXRX Stock | USD 0.83 0.12 16.90% |
Lexicon |
Lexicon Pharmaceuticals Target Price Odds to finish over 23.27
The tendency of Lexicon 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 $ 23.27 or more in 90 days |
| 0.83 | 90 days | 23.27 | close to zero percent |
Based on a normal probability distribution, the odds of Lexicon Pharmaceuticals to move over $ 23.27 or more in 90 days from now is close to zero percent (This Lexicon Pharmaceuticals probability density function shows the probability of Lexicon Stock to fall within a particular range of prices over 90 days) . Probability of Lexicon Pharmaceuticals price to stay between its current price of $ 0.83 and $ 23.27 at the end of the 90-day period is about 83.61 .
Given the investment horizon of 90 days Lexicon Pharmaceuticals has a beta of 0.98. This indicates Lexicon Pharmaceuticals market returns are sensitive to returns on the market. As the market goes up or down, Lexicon Pharmaceuticals is expected to follow. Additionally Lexicon Pharmaceuticals 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. Lexicon Pharmaceuticals Price Density |
| Price |
Predictive Modules for Lexicon Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lexicon Pharmaceuticals. 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.Lexicon Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lexicon Pharmaceuticals is not an exception. The market had few large corrections towards the Lexicon Pharmaceuticals' 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 Lexicon Pharmaceuticals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lexicon Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.78 | |
β | Beta against Dow Jones | 0.98 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | -0.11 |
Lexicon Pharmaceuticals 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 Lexicon Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lexicon Pharmaceuticals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lexicon Pharmaceuticals generated a negative expected return over the last 90 days | |
| Lexicon Pharmaceuticals has high historical volatility and very poor performance | |
| Lexicon Pharmaceuticals has some characteristics of a very speculative penny stock | |
| Lexicon Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.2 M. Net Loss for the year was (177.12 M) with loss before overhead, payroll, taxes, and interest of (52.68 M). | |
| Lexicon Pharmaceuticals currently holds about 61.97 M in cash with (161.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Lexicon Announces Receipt of Complete Response Letter for Zynqui |
Lexicon Pharmaceuticals 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 Lexicon Stock often depends not only on the future outlook of the current and potential Lexicon Pharmaceuticals' 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. Lexicon Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221.1 M | |
| Cash And Short Term Investments | 170 M |
Lexicon Pharmaceuticals Technical Analysis
Lexicon Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Lexicon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lexicon Pharmaceuticals. In general, you should focus on analyzing Lexicon Stock price patterns and their correlations with different microeconomic environments and drivers.
Lexicon Pharmaceuticals Predictive Forecast Models
Lexicon Pharmaceuticals' time-series forecasting models is one of many Lexicon Pharmaceuticals' 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 Lexicon Pharmaceuticals' 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 Lexicon Pharmaceuticals
Checking the ongoing alerts about Lexicon Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lexicon Pharmaceuticals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lexicon Pharmaceuticals generated a negative expected return over the last 90 days | |
| Lexicon Pharmaceuticals has high historical volatility and very poor performance | |
| Lexicon Pharmaceuticals has some characteristics of a very speculative penny stock | |
| Lexicon Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.2 M. Net Loss for the year was (177.12 M) with loss before overhead, payroll, taxes, and interest of (52.68 M). | |
| Lexicon Pharmaceuticals currently holds about 61.97 M in cash with (161.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Lexicon Announces Receipt of Complete Response Letter for Zynqui |
Additional Tools for Lexicon Stock Analysis
When running Lexicon Pharmaceuticals' price analysis, check to measure Lexicon Pharmaceuticals' 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 Lexicon Pharmaceuticals is operating at the current time. Most of Lexicon Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Lexicon Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexicon Pharmaceuticals' price. Additionally, you may evaluate how the addition of Lexicon Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.