Shattuck Labs Stock Probability of Future Stock Price Finishing Over 30.20
| STTK Stock | USD 1.24 0.13 11.71% |
Shattuck |
Shattuck Labs Target Price Odds to finish over 30.20
The tendency of Shattuck 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 $ 30.20 or more in 90 days |
| 1.24 | 90 days | 30.20 | close to zero percent |
Based on a normal probability distribution, the odds of Shattuck Labs to move over $ 30.20 or more in 90 days from now is close to zero percent (This Shattuck Labs probability density function shows the probability of Shattuck Stock to fall within a particular range of prices over 90 days) . Probability of Shattuck Labs price to stay between its current price of $ 1.24 and $ 30.20 at the end of the 90-day period is about 59.71 .
Given the investment horizon of 90 days Shattuck Labs has a beta of -0.19. This usually implies as returns on the benchmark increase, returns on holding Shattuck Labs are expected to decrease at a much lower rate. During a bear market, however, Shattuck Labs is likely to outperform the market. Additionally Shattuck Labs 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. Shattuck Labs Price Density |
| Price |
Predictive Modules for Shattuck Labs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shattuck Labs. 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 Shattuck Labs' 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.
Shattuck Labs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shattuck Labs is not an exception. The market had few large corrections towards the Shattuck Labs' 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 Shattuck Labs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shattuck Labs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.14 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.13 |
Shattuck Labs 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 Shattuck Labs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shattuck Labs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shattuck Labs generated a negative expected return over the last 90 days | |
| Shattuck Labs has high historical volatility and very poor performance | |
| Shattuck Labs may become a speculative penny stock | |
| The company reported the previous year's revenue of 1.66 M. Net Loss for the year was (87.3 M) with loss before overhead, payroll, taxes, and interest of (82.25 M). | |
| Shattuck Labs currently holds about 214.24 M in cash with (81.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Shattuck Labs has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Redmile Group, Llc of 3100823 shares of Shattuck Labs at 1.0E-4 subject to Rule 16b-3 |
Shattuck Labs 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 Shattuck Stock often depends not only on the future outlook of the current and potential Shattuck Labs' 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. Shattuck Labs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.6 M | |
| Cash And Short Term Investments | 130.6 M |
Shattuck Labs Technical Analysis
Shattuck Labs' future price can be derived by breaking down and analyzing its technical indicators over time. Shattuck Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shattuck Labs. In general, you should focus on analyzing Shattuck Stock price patterns and their correlations with different microeconomic environments and drivers.
Shattuck Labs Predictive Forecast Models
Shattuck Labs' time-series forecasting models is one of many Shattuck Labs' 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 Shattuck Labs' 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 Shattuck Labs
Checking the ongoing alerts about Shattuck Labs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shattuck Labs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shattuck Labs generated a negative expected return over the last 90 days | |
| Shattuck Labs has high historical volatility and very poor performance | |
| Shattuck Labs may become a speculative penny stock | |
| The company reported the previous year's revenue of 1.66 M. Net Loss for the year was (87.3 M) with loss before overhead, payroll, taxes, and interest of (82.25 M). | |
| Shattuck Labs currently holds about 214.24 M in cash with (81.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Shattuck Labs has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Redmile Group, Llc of 3100823 shares of Shattuck Labs at 1.0E-4 subject to Rule 16b-3 |
Check out Shattuck Labs Backtesting, Shattuck Labs Valuation, Shattuck Labs Correlation, Shattuck Labs Hype Analysis, Shattuck Labs Volatility, Shattuck Labs History as well as Shattuck Labs Performance. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.