Cybin Inc Stock Chance of Future Stock Price Finishing Under 11.74
| CYBN Stock | USD 9.53 0.01 0.10% |
Cybin |
Cybin Target Price Odds to finish below 11.74
The tendency of Cybin 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 $ 11.74 after 90 days |
| 9.53 | 90 days | 11.74 | about 98.0 |
Based on a normal probability distribution, the odds of Cybin to stay under $ 11.74 after 90 days from now is about 98.0 (This Cybin Inc probability density function shows the probability of Cybin Stock to fall within a particular range of prices over 90 days) . Probability of Cybin Inc price to stay between its current price of $ 9.53 and $ 11.74 at the end of the 90-day period is about 79.26 .
Given the investment horizon of 90 days Cybin has a beta of 0.51 suggesting as returns on the market go up, Cybin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cybin Inc will be expected to be much smaller as well. Additionally Cybin Inc has an alpha of 0.1419, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cybin Price Density |
| Price |
Predictive Modules for Cybin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cybin Inc. 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.Cybin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cybin is not an exception. The market had few large corrections towards the Cybin'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 Cybin Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cybin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.03 |
Cybin 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 Cybin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cybin Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cybin Inc generated a negative expected return over the last 90 days | |
| Cybin Inc has high historical volatility and very poor performance | |
| Cybin Inc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (78.08 M) with loss before overhead, payroll, taxes, and interest of (311 K). | |
| Cybin Inc currently holds about 30.21 M in cash with (68.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Latest headline from thelincolnianonline.com: Cybin Reaches New 52-Week High Heres Why |
Cybin 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 Cybin Stock often depends not only on the future outlook of the current and potential Cybin'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. Cybin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 M | |
| Cash And Short Term Investments | 209 M |
Cybin Technical Analysis
Cybin's future price can be derived by breaking down and analyzing its technical indicators over time. Cybin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cybin Inc. In general, you should focus on analyzing Cybin Stock price patterns and their correlations with different microeconomic environments and drivers.
Cybin Predictive Forecast Models
Cybin's time-series forecasting models is one of many Cybin'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 Cybin'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 Cybin Inc
Checking the ongoing alerts about Cybin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cybin Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cybin Inc generated a negative expected return over the last 90 days | |
| Cybin Inc has high historical volatility and very poor performance | |
| Cybin Inc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (78.08 M) with loss before overhead, payroll, taxes, and interest of (311 K). | |
| Cybin Inc currently holds about 30.21 M in cash with (68.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Latest headline from thelincolnianonline.com: Cybin Reaches New 52-Week High Heres Why |
Check out Cybin Backtesting, Cybin Valuation, Cybin Correlation, Cybin Hype Analysis, Cybin Volatility, Cybin History as well as Cybin Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Cybin. If investors know Cybin 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 Cybin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.97) | Return On Assets (0.33) | Return On Equity (0.49) |
The market value of Cybin Inc is measured differently than its book value, which is the value of Cybin that is recorded on the company's balance sheet. Investors also form their own opinion of Cybin's value that differs from its market value or its book value, called intrinsic value, which is Cybin'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 Cybin's market value can be influenced by many factors that don't directly affect Cybin'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 Cybin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cybin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cybin'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.