Atai Life Sciences Stock Probability of Future Stock Price Finishing Under 1.19
| ATAI Stock | USD 1.29 0.01 0.78% |
ATAI |
ATAI Life Target Price Odds to finish below 1.19
The tendency of ATAI 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 drop to $ 1.19 or more in 90 days |
| 1.29 | 90 days | 1.19 | about 27.64 |
Based on a normal probability distribution, the odds of ATAI Life to drop to $ 1.19 or more in 90 days from now is about 27.64 (This ATAI Life Sciences probability density function shows the probability of ATAI Stock to fall within a particular range of prices over 90 days) . Probability of ATAI Life Sciences price to stay between $ 1.19 and its current price of $1.29 at the end of the 90-day period is about 16.85 .
Given the investment horizon of 90 days ATAI Life Sciences has a beta of -0.41. This suggests as returns on the benchmark increase, returns on holding ATAI Life are expected to decrease at a much lower rate. During a bear market, however, ATAI Life Sciences is likely to outperform the market. Additionally ATAI Life Sciences has an alpha of 0.2672, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ATAI Life Price Density |
| Price |
Predictive Modules for ATAI Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATAI Life Sciences. 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.ATAI Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ATAI Life is not an exception. The market had few large corrections towards the ATAI Life'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 ATAI Life Sciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ATAI Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.04 |
ATAI Life 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 ATAI Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ATAI Life Sciences can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ATAI Life Sciences had very high historical volatility over the last 90 days | |
| ATAI Life Sciences may become a speculative penny stock | |
| The company reported the previous year's revenue of 314 K. Net Loss for the year was (40.22 M) with profit before overhead, payroll, taxes, and interest of 233 K. | |
| ATAI Life Sciences currently holds about 304.06 M in cash with (84.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| ATAI Life Sciences has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: ATAI Life Sciences Stock Surges Over 5 percent Amidst Biotech Industry Gains |
ATAI Life 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 ATAI Stock often depends not only on the future outlook of the current and potential ATAI Life'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. ATAI Life's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 158.8 M | |
| Cash And Short Term Investments | 179.3 M |
ATAI Life Technical Analysis
ATAI Life's future price can be derived by breaking down and analyzing its technical indicators over time. ATAI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ATAI Life Sciences. In general, you should focus on analyzing ATAI Stock price patterns and their correlations with different microeconomic environments and drivers.
ATAI Life Predictive Forecast Models
ATAI Life's time-series forecasting models is one of many ATAI Life'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 ATAI Life'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 ATAI Life Sciences
Checking the ongoing alerts about ATAI Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ATAI Life Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ATAI Life Sciences had very high historical volatility over the last 90 days | |
| ATAI Life Sciences may become a speculative penny stock | |
| The company reported the previous year's revenue of 314 K. Net Loss for the year was (40.22 M) with profit before overhead, payroll, taxes, and interest of 233 K. | |
| ATAI Life Sciences currently holds about 304.06 M in cash with (84.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| ATAI Life Sciences has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: ATAI Life Sciences Stock Surges Over 5 percent Amidst Biotech Industry Gains |
Check out ATAI Life Backtesting, ATAI Life Valuation, ATAI Life Correlation, ATAI Life Hype Analysis, ATAI Life Volatility, ATAI Life History as well as ATAI Life Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 ATAI Life. If investors know ATAI 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 ATAI Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share (0.80) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.54) | Return On Assets (0.25) |
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.