Danimer Scientific Stock Probability of Future Stock Price Finishing Over 33.96
| DNMR Stock | USD 4.67 0.47 9.14% |
Closest to current price Danimer long CALL Option Payoff at Expiration
Danimer |
Danimer Scientific Target Price Odds to finish over 33.96
The tendency of Danimer 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 over $ 33.96 or more in 90 days |
| 4.67 | 90 days | 33.96 | near 1 |
Based on a normal probability distribution, the odds of Danimer Scientific to move over $ 33.96 or more in 90 days from now is near 1 (This Danimer Scientific probability density function shows the probability of Danimer Stock to fall within a particular range of prices over 90 days) . Probability of Danimer Scientific price to stay between its current price of $ 4.67 and $ 33.96 at the end of the 90-day period is over 95.65 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.34 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Danimer Scientific will likely underperform. Additionally Danimer Scientific 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. Danimer Scientific Price Density |
| Price |
Predictive Modules for Danimer Scientific
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Danimer Scientific. 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.Danimer Scientific Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Danimer Scientific is not an exception. The market had few large corrections towards the Danimer Scientific'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 Danimer Scientific, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Danimer Scientific within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.26 | |
β | Beta against Dow Jones | 1.34 | |
σ | Overall volatility | 4.58 | |
Ir | Information ratio | -0.14 |
Danimer Scientific 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 Danimer Scientific for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Danimer Scientific can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Danimer Scientific generated a negative expected return over the last 90 days | |
| Danimer Scientific has high historical volatility and very poor performance | |
| Danimer Scientific has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 46.68 M. Net Loss for the year was (155.47 M) with profit before overhead, payroll, taxes, and interest of 2.8 M. | |
| Danimer Scientific currently holds about 140.39 M in cash with (47.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39. | |
| Danimer Scientific has a poor financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Danimer Scientific director resigns, no disagreement cited |
Danimer Scientific 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 Danimer Stock often depends not only on the future outlook of the current and potential Danimer Scientific'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. Danimer Scientific's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 102 M | |
| Cash And Short Term Investments | 59.2 M |
Danimer Scientific Technical Analysis
Danimer Scientific's future price can be derived by breaking down and analyzing its technical indicators over time. Danimer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Danimer Scientific. In general, you should focus on analyzing Danimer Stock price patterns and their correlations with different microeconomic environments and drivers.
Danimer Scientific Predictive Forecast Models
Danimer Scientific's time-series forecasting models is one of many Danimer Scientific'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 Danimer Scientific'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 Danimer Scientific
Checking the ongoing alerts about Danimer Scientific for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Danimer Scientific help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Danimer Scientific generated a negative expected return over the last 90 days | |
| Danimer Scientific has high historical volatility and very poor performance | |
| Danimer Scientific has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 46.68 M. Net Loss for the year was (155.47 M) with profit before overhead, payroll, taxes, and interest of 2.8 M. | |
| Danimer Scientific currently holds about 140.39 M in cash with (47.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39. | |
| Danimer Scientific has a poor financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Danimer Scientific director resigns, no disagreement cited |
Additional Tools for Danimer Stock Analysis
When running Danimer Scientific's price analysis, check to measure Danimer Scientific'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 Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.