89bio Inc Stock Price Prediction
| ETNB Stock | USD 8.47 0.29 3.55% |
Momentum 41
Sell Extended
Oversold | Overbought |
EPS Estimate Next Quarter (0.64) | EPS Estimate Current Year (2.18) | EPS Estimate Next Year (2.05) | Wall Street Target Price 27.5455 | EPS Estimate Current Quarter (0.76) |
Using 89bio hype-based prediction, you can estimate the value of 89bio Inc from the perspective of 89bio response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards 89bio using 89bio's stock options and short interest. It helps to benchmark the overall future attitude of investors towards 89bio using crowd psychology based on the activity and movement of 89bio's stock price.
89bio Implied Volatility | 1.72 |
89bio's implied volatility exposes the market's sentiment of 89bio Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 89bio's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 89bio stock will not fluctuate a lot when 89bio's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in 89bio to buy its stock at a price that has no basis in reality. In that case, they are not buying 89bio 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.
89bio after-hype prediction price | USD 8.41 |
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.
Prediction based on Rule 16 of the current 89bio contract
Based on the Rule 16, the options market is currently suggesting that 89bio Inc will have an average daily up or down price movement of about 0.11% per day over the life of the 2025-05-16 option contract. With 89bio trading at USD 8.47, that is roughly USD 0.009105 . If you think that the market is fully incorporating 89bio's daily price movement you should consider acquiring 89bio Inc options at the current volatility level of 1.72%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
89bio |
89bio After-Hype Price Prediction Density Analysis
As far as predicting the price of 89bio 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 89bio 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 89bio, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
89bio Estimiated After-Hype Price Volatility
In the context of predicting 89bio's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on 89bio's historical news coverage. 89bio's after-hype downside and upside margins for the prediction period are 2.40 and 14.42, respectively. We have considered 89bio's 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
89bio is slightly risky at this time. Analysis and calculation of next after-hype price of 89bio Inc is based on 3 months time horizon.
89bio Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as 89bio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 89bio 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 89bio, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.28 | 6.01 | 0.06 | 0.38 | 11 Events / Month | 13 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
8.47 | 8.41 | 0.71 |
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89bio Hype Timeline
89bio Inc is currently traded for 8.47. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of -0.38. 89bio is estimated to decline in value after the next headline, with the price expected to drop to 8.41. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.71%, whereas the daily expected return is currently at 0.28%. The volatility of related hype on 89bio is about 446.94%, with the expected price after the next announcement by competition of 8.09. About 94.0% of the company shares are held by institutions such as insurance companies. The book value of 89bio was currently reported as 3.34. The company recorded a loss per share of 3.51. 89bio Inc had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 11 days. Check out 89bio Basic Forecasting Models to cross-verify your projections.89bio Related Hype Analysis
Having access to credible news sources related to 89bio's direct competition is more important than ever and may enhance your ability to predict 89bio's future price movements. Getting to know how 89bio's 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 89bio may potentially react to the hype associated with one of its peers.
89bio Additional Predictive Modules
Most predictive techniques to examine 89bio price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 89bio using various technical indicators. When you analyze 89bio 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About 89bio Predictive Indicators
The successful prediction of 89bio 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 89bio Inc, 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 89bio based on analysis of 89bio hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to 89bio's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to 89bio's related companies.
Story Coverage note for 89bio
The number of cover stories for 89bio depends on current market conditions and 89bio's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that 89bio 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 89bio's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
89bio Short Properties
89bio's future price predictability will typically decrease when 89bio's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of 89bio Inc often depends not only on the future outlook of the potential 89bio'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. 89bio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 104.7 M | |
| Cash And Short Term Investments | 440 M |
Complementary Tools for 89bio Stock analysis
When running 89bio's price analysis, check to measure 89bio'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 89bio is operating at the current time. Most of 89bio's value examination focuses on studying past and present price action to predict the probability of 89bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 89bio's price. Additionally, you may evaluate how the addition of 89bio to your portfolios can decrease your overall portfolio volatility.
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