Kodiak Sciences Stock Probability of Future Stock Price Finishing Over 3.95
| KOD Stock | USD 8.94 1.06 10.60% |
Closest to current price Kodiak long CALL Option Payoff at Expiration
Kodiak |
Kodiak Sciences Target Price Odds to finish over 3.95
The tendency of Kodiak 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 above $ 3.95 in 90 days |
| 8.94 | 90 days | 3.95 | about 56.24 |
Based on a normal probability distribution, the odds of Kodiak Sciences to stay above $ 3.95 in 90 days from now is about 56.24 (This Kodiak Sciences probability density function shows the probability of Kodiak Stock to fall within a particular range of prices over 90 days) . Probability of Kodiak Sciences price to stay between $ 3.95 and its current price of $8.94 at the end of the 90-day period is about 55.54 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.39 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kodiak Sciences will likely underperform. In addition to that Kodiak Sciences has an alpha of 2.161, implying that it can generate a 2.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kodiak Sciences Price Density |
| Price |
Predictive Modules for Kodiak Sciences
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kodiak 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.Kodiak Sciences Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kodiak Sciences is not an exception. The market had few large corrections towards the Kodiak Sciences' 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 Kodiak Sciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kodiak Sciences within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.16 | |
β | Beta against Dow Jones | 1.39 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | 0.41 |
Kodiak Sciences 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 Kodiak Sciences for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kodiak 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.| Kodiak Sciences is way too risky over 90 days horizon | |
| Kodiak Sciences appears to be risky and price may revert if volatility continues | |
| Kodiak is showing solid risk-adjusted performance over 90 days | |
| Reported Net Loss for the year was (260.49 M) with profit before taxes, overhead, and interest of 0. | |
| Kodiak Sciences has about 597.88 M in cash with (154.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Kodiak Sciences has a frail financial position based on the latest SEC disclosures | |
| Over 78.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: KOD Stock Up as Jefferies Upgrades Rating on Huge Pipeline Potential |
Kodiak Sciences 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 Kodiak Stock often depends not only on the future outlook of the current and potential Kodiak Sciences' 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. Kodiak Sciences' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.4 M | |
| Cash And Short Term Investments | 285.5 M |
Kodiak Sciences Technical Analysis
Kodiak Sciences' future price can be derived by breaking down and analyzing its technical indicators over time. Kodiak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kodiak Sciences. In general, you should focus on analyzing Kodiak Stock price patterns and their correlations with different microeconomic environments and drivers.
Kodiak Sciences Predictive Forecast Models
Kodiak Sciences' time-series forecasting models is one of many Kodiak Sciences' 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 Kodiak Sciences' 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 Kodiak Sciences
Checking the ongoing alerts about Kodiak Sciences for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kodiak Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kodiak Sciences is way too risky over 90 days horizon | |
| Kodiak Sciences appears to be risky and price may revert if volatility continues | |
| Kodiak is showing solid risk-adjusted performance over 90 days | |
| Reported Net Loss for the year was (260.49 M) with profit before taxes, overhead, and interest of 0. | |
| Kodiak Sciences has about 597.88 M in cash with (154.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Kodiak Sciences has a frail financial position based on the latest SEC disclosures | |
| Over 78.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: KOD Stock Up as Jefferies Upgrades Rating on Huge Pipeline Potential |
Check out Kodiak Sciences Backtesting, Kodiak Sciences Valuation, Kodiak Sciences Correlation, Kodiak Sciences Hype Analysis, Kodiak Sciences Volatility, Kodiak Sciences History as well as Kodiak Sciences Performance. For information on how to trade Kodiak Stock refer to our How to Trade Kodiak Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Kodiak Sciences. If investors know Kodiak 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 Kodiak Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.64) | Return On Assets (0.27) | Return On Equity (0.71) |
The market value of Kodiak Sciences is measured differently than its book value, which is the value of Kodiak that is recorded on the company's balance sheet. Investors also form their own opinion of Kodiak Sciences' value that differs from its market value or its book value, called intrinsic value, which is Kodiak Sciences' 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 Kodiak Sciences' market value can be influenced by many factors that don't directly affect Kodiak Sciences' 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 Kodiak Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kodiak Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kodiak Sciences' 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.