Acurx Pharmaceuticals Llc Stock Probability of Future Stock Price Finishing Under 2.25
| ACXP Stock | USD 0.88 0.06 7.32% |
Acurx |
Acurx Pharmaceuticals Target Price Odds to finish below 2.25
The tendency of Acurx 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 stay under $ 2.25 after 90 days |
| 0.88 | 90 days | 2.25 | about 91.39 |
Based on a normal probability distribution, the odds of Acurx Pharmaceuticals to stay under $ 2.25 after 90 days from now is about 91.39 (This Acurx Pharmaceuticals LLC probability density function shows the probability of Acurx Stock to fall within a particular range of prices over 90 days) . Probability of Acurx Pharmaceuticals LLC price to stay between its current price of $ 0.88 and $ 2.25 at the end of the 90-day period is about 83.76 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.23 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Acurx Pharmaceuticals will likely underperform. Additionally Acurx Pharmaceuticals LLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Acurx Pharmaceuticals Price Density |
| Price |
Predictive Modules for Acurx Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acurx Pharmaceuticals LLC. 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 Acurx Pharmaceuticals' 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.
Acurx Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Acurx Pharmaceuticals is not an exception. The market had few large corrections towards the Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals LLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Acurx Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.16 |
Acurx Pharmaceuticals 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 Acurx Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Acurx Pharmaceuticals LLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Acurx Pharmaceuticals generated a negative expected return over the last 90 days | |
| Acurx Pharmaceuticals has high historical volatility and very poor performance | |
| Acurx Pharmaceuticals has some characteristics of a very speculative penny stock | |
| Acurx Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (14.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Acurx Pharmaceuticals LLC currently holds about 9.09 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8. | |
| Acurx Pharmaceuticals has a frail financial position based on the latest SEC disclosures | |
| Roughly 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ACXP stock touches 52-week low at 0.72 amid market challenges - Investing.com India |
Acurx Pharmaceuticals 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 Acurx Stock often depends not only on the future outlook of the current and potential Acurx Pharmaceuticals' 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. Acurx Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.7 M | |
| Cash And Short Term Investments | 7.5 M |
Acurx Pharmaceuticals Technical Analysis
Acurx Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Acurx Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Acurx Pharmaceuticals LLC. In general, you should focus on analyzing Acurx Stock price patterns and their correlations with different microeconomic environments and drivers.
Acurx Pharmaceuticals Predictive Forecast Models
Acurx Pharmaceuticals' time-series forecasting models is one of many Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals LLC
Checking the ongoing alerts about Acurx Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Acurx Pharmaceuticals LLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Acurx Pharmaceuticals generated a negative expected return over the last 90 days | |
| Acurx Pharmaceuticals has high historical volatility and very poor performance | |
| Acurx Pharmaceuticals has some characteristics of a very speculative penny stock | |
| Acurx Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (14.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Acurx Pharmaceuticals LLC currently holds about 9.09 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8. | |
| Acurx Pharmaceuticals has a frail financial position based on the latest SEC disclosures | |
| Roughly 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ACXP stock touches 52-week low at 0.72 amid market challenges - Investing.com India |
Additional Tools for Acurx Stock Analysis
When running Acurx Pharmaceuticals' price analysis, check to measure Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals is operating at the current time. Most of Acurx Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Acurx Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acurx Pharmaceuticals' price. Additionally, you may evaluate how the addition of Acurx Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.