Pyxis Oncology Stock Probability of Future Stock Price Finishing Under 4.51
| PYXS Stock | USD 2.01 0.18 9.84% |
Pyxis |
Pyxis Oncology Target Price Odds to finish below 4.51
The tendency of Pyxis 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 $ 4.51 after 90 days |
| 2.01 | 90 days | 4.51 | under 95 |
Based on a normal probability distribution, the odds of Pyxis Oncology to stay under $ 4.51 after 90 days from now is under 95 (This Pyxis Oncology probability density function shows the probability of Pyxis Stock to fall within a particular range of prices over 90 days) . Probability of Pyxis Oncology price to stay between its current price of $ 2.01 and $ 4.51 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days Pyxis Oncology has a beta of 0.15 indicating as returns on the market go up, Pyxis Oncology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pyxis Oncology will be expected to be much smaller as well. Additionally Pyxis Oncology 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. Pyxis Oncology Price Density |
| Price |
Predictive Modules for Pyxis Oncology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pyxis Oncology. 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 Pyxis Oncology'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.
Pyxis Oncology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pyxis Oncology is not an exception. The market had few large corrections towards the Pyxis Oncology'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 Pyxis Oncology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pyxis Oncology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.61 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.1 |
Pyxis Oncology 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 Pyxis Oncology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pyxis Oncology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pyxis Oncology generated a negative expected return over the last 90 days | |
| Pyxis Oncology has high historical volatility and very poor performance | |
| Net Loss for the year was (73.79 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pyxis Oncology currently holds about 223.36 M in cash with (70.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Pyxis Oncology has a frail financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Connealy Pamela Ann of 5450 shares of Pyxis Oncology at 2.0 subject to Rule 16b-3 |
Pyxis Oncology 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 Pyxis Stock often depends not only on the future outlook of the current and potential Pyxis Oncology'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. Pyxis Oncology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.9 M | |
| Cash And Short Term Investments | 119.3 M |
Pyxis Oncology Technical Analysis
Pyxis Oncology's future price can be derived by breaking down and analyzing its technical indicators over time. Pyxis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pyxis Oncology. In general, you should focus on analyzing Pyxis Stock price patterns and their correlations with different microeconomic environments and drivers.
Pyxis Oncology Predictive Forecast Models
Pyxis Oncology's time-series forecasting models is one of many Pyxis Oncology'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 Pyxis Oncology'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 Pyxis Oncology
Checking the ongoing alerts about Pyxis Oncology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pyxis Oncology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pyxis Oncology generated a negative expected return over the last 90 days | |
| Pyxis Oncology has high historical volatility and very poor performance | |
| Net Loss for the year was (73.79 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pyxis Oncology currently holds about 223.36 M in cash with (70.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Pyxis Oncology has a frail financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Connealy Pamela Ann of 5450 shares of Pyxis Oncology at 2.0 subject to Rule 16b-3 |
Additional Tools for Pyxis Stock Analysis
When running Pyxis Oncology's price analysis, check to measure Pyxis Oncology's 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 Pyxis Oncology is operating at the current time. Most of Pyxis Oncology's value examination focuses on studying past and present price action to predict the probability of Pyxis Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Oncology's price. Additionally, you may evaluate how the addition of Pyxis Oncology to your portfolios can decrease your overall portfolio volatility.