Tectonic Therapeutic, Stock Probability of Future Stock Price Finishing Over 21.92
| TECX Stock | 21.92 0.01 0.05% |
Closest to current price Tectonic long PUT Option Payoff at Expiration
Tectonic Therapeutic, Target Price Odds to finish over 21.92
The tendency of Tectonic 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 |
| 21.92 | 90 days | 21.92 | about 32.45 |
Based on a normal probability distribution, the odds of Tectonic Therapeutic, to move above the current price in 90 days from now is about 32.45 (This Tectonic Therapeutic, probability density function shows the probability of Tectonic Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.39 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tectonic Therapeutic, will likely underperform. Additionally Tectonic Therapeutic, has an alpha of 0.0906, implying that it can generate a 0.0906 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tectonic Therapeutic, Price Density |
| Price |
Predictive Modules for Tectonic Therapeutic,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tectonic Therapeutic,. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tectonic Therapeutic,'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tectonic Therapeutic, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tectonic Therapeutic, is not an exception. The market had few large corrections towards the Tectonic Therapeutic,'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 Tectonic Therapeutic,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tectonic Therapeutic, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 2.39 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | 0.06 |
Tectonic Therapeutic, 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 Tectonic Therapeutic, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tectonic Therapeutic, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tectonic Therapeutic, had very high historical volatility over the last 90 days | |
| Net Loss for the year was (57.98 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tectonic Therapeutic, generates negative cash flow from operations | |
| Tectonic Therapeutic, has a very weak financial position based on the latest SEC disclosures | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Insider Trading |
Tectonic Therapeutic, 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 Tectonic Stock often depends not only on the future outlook of the current and potential Tectonic Therapeutic,'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. Tectonic Therapeutic,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.5 M | |
| Cash And Short Term Investments | 141.2 M |
Tectonic Therapeutic, Technical Analysis
Tectonic Therapeutic,'s future price can be derived by breaking down and analyzing its technical indicators over time. Tectonic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tectonic Therapeutic,. In general, you should focus on analyzing Tectonic Stock price patterns and their correlations with different microeconomic environments and drivers.
Tectonic Therapeutic, Predictive Forecast Models
Tectonic Therapeutic,'s time-series forecasting models is one of many Tectonic Therapeutic,'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 Tectonic Therapeutic,'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 Tectonic Therapeutic,
Checking the ongoing alerts about Tectonic Therapeutic, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tectonic Therapeutic, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tectonic Therapeutic, had very high historical volatility over the last 90 days | |
| Net Loss for the year was (57.98 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tectonic Therapeutic, generates negative cash flow from operations | |
| Tectonic Therapeutic, has a very weak financial position based on the latest SEC disclosures | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Insider Trading |
Additional Tools for Tectonic Stock Analysis
When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'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 Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.