Tela Bio Stock Odds of Future Stock Price Finishing Under 0.04
| TELA Stock | USD 2.77 0.07 2.46% |
Tela |
Tela Bio Target Price Odds to finish below 0.04
The tendency of Tela 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 drop to $ 0.04 or more in 90 days |
| 2.77 | 90 days | 0.04 | near 1 |
Based on a normal probability distribution, the odds of Tela Bio to drop to $ 0.04 or more in 90 days from now is near 1 (This Tela Bio probability density function shows the probability of Tela Stock to fall within a particular range of prices over 90 days) . Probability of Tela Bio price to stay between $ 0.04 and its current price of $2.77 at the end of the 90-day period is about 53.56 .
Given the investment horizon of 90 days Tela Bio has a beta of 0.29. This usually implies as returns on the market go up, Tela Bio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tela Bio will be expected to be much smaller as well. Additionally Tela Bio has an alpha of 0.1253, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tela Bio Price Density |
| Price |
Predictive Modules for Tela Bio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tela Bio. 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.Tela Bio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tela Bio is not an exception. The market had few large corrections towards the Tela Bio'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 Tela Bio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tela Bio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.02 |
Tela Bio 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 Tela Bio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tela Bio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tela Bio had very high historical volatility over the last 90 days | |
| Tela Bio has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 58.45 M. Net Loss for the year was (46.66 M) with profit before overhead, payroll, taxes, and interest of 27.85 M. | |
| Tela Bio currently holds about 27.73 M in cash with (40.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.9. | |
| Latest headline from gurufocus.com: TELA Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635 |
Tela Bio 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 Tela Stock often depends not only on the future outlook of the current and potential Tela Bio'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. Tela Bio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.9 M | |
| Cash And Short Term Investments | 46.7 M |
Tela Bio Technical Analysis
Tela Bio's future price can be derived by breaking down and analyzing its technical indicators over time. Tela Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tela Bio. In general, you should focus on analyzing Tela Stock price patterns and their correlations with different microeconomic environments and drivers.
Tela Bio Predictive Forecast Models
Tela Bio's time-series forecasting models is one of many Tela Bio'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 Tela Bio'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 Tela Bio
Checking the ongoing alerts about Tela Bio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tela Bio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tela Bio had very high historical volatility over the last 90 days | |
| Tela Bio has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 58.45 M. Net Loss for the year was (46.66 M) with profit before overhead, payroll, taxes, and interest of 27.85 M. | |
| Tela Bio currently holds about 27.73 M in cash with (40.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.9. | |
| Latest headline from gurufocus.com: TELA Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635 |
Check out Tela Bio Backtesting, Tela Bio Valuation, Tela Bio Correlation, Tela Bio Hype Analysis, Tela Bio Volatility, Tela Bio History as well as Tela Bio Performance. For information on how to trade Tela Stock refer to our How to Trade Tela Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies 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 Tela Bio. If investors know Tela 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 Tela Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.69) | Revenue Per Share 2.789 | Quarterly Revenue Growth 0.259 | Return On Assets (0.41) | Return On Equity (3.42) |
The market value of Tela Bio is measured differently than its book value, which is the value of Tela that is recorded on the company's balance sheet. Investors also form their own opinion of Tela Bio's value that differs from its market value or its book value, called intrinsic value, which is Tela Bio's 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 Tela Bio's market value can be influenced by many factors that don't directly affect Tela Bio's 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 Tela Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tela Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tela Bio's 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.