Akero Therapeutics Stock Price Prediction

AKRO Stock  USD 44.15  0.71  1.58%   
As of today, the RSI of Akero Therapeutics' share price is approaching 47. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Akero Therapeutics, making its price go up or down.

Momentum 47

 Impartial

 
Oversold
 
Overbought
The successful prediction of Akero Therapeutics' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Akero Therapeutics, which may create opportunities for some arbitrage if properly timed.
Using Akero Therapeutics hype-based prediction, you can estimate the value of Akero Therapeutics from the perspective of Akero Therapeutics response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Akero Therapeutics to buy its stock at a price that has no basis in reality. In that case, they are not buying Akero because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Akero Therapeutics after-hype prediction price

    
  USD 44.61  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Akero Therapeutics Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.
Intrinsic
Valuation
LowRealHigh
37.4450.4163.38
Details
Naive
Forecast
LowNextHigh
41.6454.6167.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.5440.6363.72
Details

Akero Therapeutics After-Hype Price Prediction Density Analysis

As far as predicting the price of Akero Therapeutics at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Akero Therapeutics or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Akero Therapeutics, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Akero Therapeutics Estimiated After-Hype Price Volatility

In the context of predicting Akero Therapeutics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Akero Therapeutics' historical news coverage. Akero Therapeutics' after-hype downside and upside margins for the prediction period are 31.64 and 57.58, respectively. We have considered Akero Therapeutics' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
44.15
44.61
After-hype Price
57.58
Upside
Akero Therapeutics is somewhat reliable at this time. Analysis and calculation of next after-hype price of Akero Therapeutics is based on 3 months time horizon.

Akero Therapeutics Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Akero Therapeutics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akero Therapeutics backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Akero Therapeutics, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.21 
12.97
 0.00  
  0.04 
0 Events / Month
1 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
44.15
44.61
1.04 
0.00  
Notes

Akero Therapeutics Hype Timeline

Akero Therapeutics is presently traded for 44.15. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.04. Akero is projected to increase in value after the next headline, with the price projected to jump to 44.61 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is projected to be 1.04%, whereas the daily expected return is presently at 1.21%. The volatility of related hype on Akero Therapeutics is about 35603.92%, with the expected price after the next announcement by competition of 44.11. Net Loss for the year was (252.06 M) with profit before overhead, payroll, taxes, and interest of 0. Given the investment horizon of 90 days the next projected press release will be in 5 to 10 days.
Check out Akero Therapeutics Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.

Akero Therapeutics Related Hype Analysis

Having access to credible news sources related to Akero Therapeutics' direct competition is more important than ever and may enhance your ability to predict Akero Therapeutics' future price movements. Getting to know how Akero Therapeutics' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Akero Therapeutics may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TERNTerns Pharmaceuticals 0.00 0 per month 0.00 (0.27) 4.94 (6.98) 19.13 
MDGLMadrigal Pharmaceuticals 0.00 0 per month 4.07  0.09  7.64 (5.66) 23.14 
INZYInozyme Pharma 0.00 0 per month 0.00 (0.25) 6.82 (9.17) 36.29 
VKTXViking Therapeutics 0.00 0 per month 0.00 (0.09) 8.39 (10.98) 24.65 
ICPTIntercept Pharmaceuticals 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RETAReata Pharmaceuticals 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RVMDRevolution Medicines 0.00 0 per month 0.00 (0.04) 4.37 (5.89) 11.35 
RNAAvidity Biosciences(0.51)12 per month 0.00 (0.05) 5.39 (4.79) 13.02 
PTGXProtagonist Therapeutics 0.00 0 per month 2.39  0.11  3.48 (3.74) 50.66 
STOKStoke Therapeutics 0.00 0 per month 0.00 (0.08) 7.03 (9.08) 20.29 
TCRRTcr2 Therapeutics 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BDTXBlack Diamond Therapeutics 0.00 0 per month 0.00 (0.09) 5.92 (7.35) 29.04 
BCELAtreca Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
PASGPassage Bio 0.00 0 per month 0.00 (0.09) 7.02 (8.96) 56.48 

Akero Therapeutics Additional Predictive Modules

Most predictive techniques to examine Akero price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Akero using various technical indicators. When you analyze Akero charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Akero Therapeutics Predictive Indicators

The successful prediction of Akero Therapeutics stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Akero Therapeutics, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Akero Therapeutics based on analysis of Akero Therapeutics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Akero Therapeutics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Akero Therapeutics's related companies.

Story Coverage note for Akero Therapeutics

The number of cover stories for Akero Therapeutics depends on current market conditions and Akero Therapeutics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Akero Therapeutics is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Akero Therapeutics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Akero Therapeutics Short Properties

Akero Therapeutics' future price predictability will typically decrease when Akero Therapeutics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Akero Therapeutics often depends not only on the future outlook of the potential Akero 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. Akero Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding67.1 M
Cash And Short Term Investments743.1 M
When determining whether Akero Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akero Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akero Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akero Therapeutics Stock:
Check out Akero Therapeutics Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Akero Therapeutics. If investors know Akero 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 Akero Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Akero Therapeutics is measured differently than its book value, which is the value of Akero that is recorded on the company's balance sheet. Investors also form their own opinion of Akero Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Akero 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 Akero Therapeutics' market value can be influenced by many factors that don't directly affect Akero 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 Akero Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akero Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akero 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.