Alx Oncology Holdings Stock Probability of Future Stock Price Finishing Over 19.04
| ALXO Stock | USD 1.62 0.14 9.46% |
Alx |
Alx Oncology 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 Alx Oncology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alx Oncology Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alx Oncology had very high historical volatility over the last 90 days | |
| Alx Oncology may become a speculative penny stock | |
| Alx Oncology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (160.81 M) with profit before overhead, payroll, taxes, and interest of 107 K. | |
| Alx Oncology Holdings currently holds about 313.37 M in cash with (130.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.69, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Alx Oncology has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of the company shares are held by institutions such as insurance companies |
Alx Oncology 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 Alx Stock often depends not only on the future outlook of the current and potential Alx Oncology'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. Alx Oncology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43 M | |
| Cash And Short Term Investments | 182.7 M |
Alx Oncology Technical Analysis
Alx Oncology's future price can be derived by breaking down and analyzing its technical indicators over time. Alx Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alx Oncology Holdings. In general, you should focus on analyzing Alx Stock price patterns and their correlations with different microeconomic environments and drivers.
Alx Oncology Predictive Forecast Models
Alx Oncology's time-series forecasting models is one of many Alx Oncology'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 Alx Oncology'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 Alx Oncology Holdings
Checking the ongoing alerts about Alx Oncology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alx Oncology Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alx Oncology had very high historical volatility over the last 90 days | |
| Alx Oncology may become a speculative penny stock | |
| Alx Oncology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (160.81 M) with profit before overhead, payroll, taxes, and interest of 107 K. | |
| Alx Oncology Holdings currently holds about 313.37 M in cash with (130.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.69, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Alx Oncology has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of the company shares are held by institutions such as insurance companies |
Check out Alx Oncology Backtesting, Alx Oncology Valuation, Alx Oncology Correlation, Alx Oncology Hype Analysis, Alx Oncology Volatility, Alx Oncology History as well as Alx Oncology Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Alx Oncology. If investors know Alx 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 Alx Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alx Oncology Holdings is measured differently than its book value, which is the value of Alx that is recorded on the company's balance sheet. Investors also form their own opinion of Alx Oncology's value that differs from its market value or its book value, called intrinsic value, which is Alx Oncology'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 Alx Oncology's market value can be influenced by many factors that don't directly affect Alx Oncology'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 Alx Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alx Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alx Oncology'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.