Incannex Healthcare Ltd Stock Price Prediction
IXHL Stock | USD 1.78 0.04 2.20% |
Oversold Vs Overbought
50
Oversold | Overbought |
EPS Estimate Next Quarter (0.72) | EPS Estimate Next Year (1.96) | Quarterly Revenue Growth 0.296 |
Using Incannex Healthcare hype-based prediction, you can estimate the value of Incannex Healthcare Ltd from the perspective of Incannex Healthcare 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 Incannex Healthcare to buy its stock at a price that has no basis in reality. In that case, they are not buying Incannex 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.
Incannex Healthcare after-hype prediction price | USD 1.77 |
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.
Incannex |
Incannex Healthcare After-Hype Price Prediction Density Analysis
As far as predicting the price of Incannex Healthcare 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 Incannex Healthcare 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 Incannex Healthcare, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Incannex Healthcare Estimiated After-Hype Price Volatility
In the context of predicting Incannex Healthcare's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Incannex Healthcare's historical news coverage. Incannex Healthcare's after-hype downside and upside margins for the prediction period are 0.09 and 7.51, respectively. We have considered Incannex Healthcare'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
Incannex Healthcare is dangerous at this time. Analysis and calculation of next after-hype price of Incannex Healthcare is based on 3 months time horizon.
Incannex Healthcare Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Incannex Healthcare is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Incannex Healthcare 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 Incannex Healthcare, 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 |
0.21 | 5.74 | 0.01 | 0.04 | 5 Events / Month | 5 Events / Month | In about 5 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.78 | 1.77 | 0.56 |
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Incannex Healthcare Hype Timeline
Incannex Healthcare is currently traded for 1.78. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.04. Incannex is forecasted to decline in value after the next headline, with the price expected to drop to 1.77. 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 -0.56%, whereas the daily expected return is currently at 0.21%. The volatility of related hype on Incannex Healthcare is about 2938.57%, with the expected price after the next announcement by competition of 1.74. About 26.0% of the company shares are held by company insiders. The book value of Incannex Healthcare was currently reported as 0.64. The company recorded a loss per share of 1.36. Incannex Healthcare had not issued any dividends in recent years. The entity had 1:4 split on the 30th of November 2023. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days. Check out Incannex Healthcare Basic Forecasting Models to cross-verify your projections.Incannex Healthcare Related Hype Analysis
Having access to credible news sources related to Incannex Healthcare's direct competition is more important than ever and may enhance your ability to predict Incannex Healthcare's future price movements. Getting to know how Incannex Healthcare'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 Incannex Healthcare may potentially react to the hype associated with one of its peers.
Incannex Healthcare Additional Predictive Modules
Most predictive techniques to examine Incannex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Incannex using various technical indicators. When you analyze Incannex 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 | ||
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About Incannex Healthcare Predictive Indicators
The successful prediction of Incannex Healthcare 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 Incannex Healthcare Ltd, 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 Incannex Healthcare based on analysis of Incannex Healthcare hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Incannex Healthcare's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Incannex Healthcare's related companies. 2023 | 2024 (projected) | Payables Turnover | 0.005604 | 0.005324 | Days Of Inventory On Hand | 133.6 | 105.62 |
Story Coverage note for Incannex Healthcare
The number of cover stories for Incannex Healthcare depends on current market conditions and Incannex Healthcare's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Incannex Healthcare 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 Incannex Healthcare'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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Incannex Healthcare Short Properties
Incannex Healthcare's future price predictability will typically decrease when Incannex Healthcare's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Incannex Healthcare Ltd often depends not only on the future outlook of the potential Incannex Healthcare'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. Incannex Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 16.2 M | |
Cash And Short Term Investments | 5.9 M |
Check out Incannex Healthcare Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 Incannex Healthcare. If investors know Incannex 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 Incannex Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.296 | Return On Assets (0.57) | Return On Equity (1.15) |
The market value of Incannex Healthcare is measured differently than its book value, which is the value of Incannex that is recorded on the company's balance sheet. Investors also form their own opinion of Incannex Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Incannex Healthcare'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 Incannex Healthcare's market value can be influenced by many factors that don't directly affect Incannex Healthcare'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 Incannex Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incannex Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incannex Healthcare'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.