Inhibrx Biosciences, Stock Probability of Future Stock Price Finishing Over 24.45
| INBX Stock | USD 24.45 0.83 3.51% |
Closest to current price Inhibrx long PUT Option Payoff at Expiration
Inhibrx Biosciences, Target Price Odds to finish over 24.45
The tendency of Inhibrx 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 above the current price in 90 days |
| 24.45 | 90 days | 24.45 | near 1 |
Based on a normal probability distribution, the odds of Inhibrx Biosciences, to move above the current price in 90 days from now is near 1 (This Inhibrx Biosciences, probability density function shows the probability of Inhibrx Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Inhibrx Biosciences, has a beta of 0.38. This usually indicates as returns on the market go up, Inhibrx Biosciences, average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Inhibrx Biosciences, will be expected to be much smaller as well. Moreover Inhibrx Biosciences, has an alpha of 1.1174, implying that it can generate a 1.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Inhibrx Biosciences, Price Density |
| Price |
Predictive Modules for Inhibrx Biosciences,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inhibrx Biosciences,. 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.Inhibrx Biosciences, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Inhibrx Biosciences, is not an exception. The market had few large corrections towards the Inhibrx Biosciences,'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 Inhibrx Biosciences,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Inhibrx Biosciences, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.12 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 3.51 | |
Ir | Information ratio | 0.26 |
Inhibrx Biosciences, 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 Inhibrx Biosciences, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Inhibrx Biosciences, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Inhibrx Biosciences, appears to be risky and price may revert if volatility continues | |
| Inhibrx Biosciences, currently holds about 176.38 M in cash with (194.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52. | |
| Inhibrx Biosciences, has a poor financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are owned by institutional investors |
Inhibrx Biosciences, 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 Inhibrx Stock often depends not only on the future outlook of the current and potential Inhibrx Biosciences,'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. Inhibrx Biosciences,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.5 M | |
| Cash And Short Term Investments | 152.6 M |
Inhibrx Biosciences, Technical Analysis
Inhibrx Biosciences,'s future price can be derived by breaking down and analyzing its technical indicators over time. Inhibrx Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Inhibrx Biosciences,. In general, you should focus on analyzing Inhibrx Stock price patterns and their correlations with different microeconomic environments and drivers.
Inhibrx Biosciences, Predictive Forecast Models
Inhibrx Biosciences,'s time-series forecasting models is one of many Inhibrx Biosciences,'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 Inhibrx Biosciences,'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 Inhibrx Biosciences,
Checking the ongoing alerts about Inhibrx Biosciences, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Inhibrx Biosciences, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Inhibrx Biosciences, appears to be risky and price may revert if volatility continues | |
| Inhibrx Biosciences, currently holds about 176.38 M in cash with (194.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52. | |
| Inhibrx Biosciences, has a poor financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are owned by institutional investors |
Additional Tools for Inhibrx Stock Analysis
When running Inhibrx Biosciences,'s price analysis, check to measure Inhibrx Biosciences,'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 Inhibrx Biosciences, is operating at the current time. Most of Inhibrx Biosciences,'s value examination focuses on studying past and present price action to predict the probability of Inhibrx Biosciences,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibrx Biosciences,'s price. Additionally, you may evaluate how the addition of Inhibrx Biosciences, to your portfolios can decrease your overall portfolio volatility.