Phathom Pharmaceuticals Stock Probability of Future Stock Price Finishing Under 10.73
| PHAT Stock | USD 8.84 0.13 1.49% |
Phathom |
Phathom Pharmaceuticals Target Price Odds to finish below 10.73
The tendency of Phathom 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 $ 10.73 after 90 days |
| 8.84 | 90 days | 10.73 | about 9.88 |
Based on a normal probability distribution, the odds of Phathom Pharmaceuticals to stay under $ 10.73 after 90 days from now is about 9.88 (This Phathom Pharmaceuticals probability density function shows the probability of Phathom Stock to fall within a particular range of prices over 90 days) . Probability of Phathom Pharmaceuticals price to stay between its current price of $ 8.84 and $ 10.73 at the end of the 90-day period is about 6.41 .
Given the investment horizon of 90 days Phathom Pharmaceuticals has a beta of 0.22 indicating as returns on the market go up, Phathom Pharmaceuticals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Phathom Pharmaceuticals will be expected to be much smaller as well. Additionally Phathom Pharmaceuticals 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. Phathom Pharmaceuticals Price Density |
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Predictive Modules for Phathom Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phathom Pharmaceuticals. 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.Phathom Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phathom Pharmaceuticals is not an exception. The market had few large corrections towards the Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phathom Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 3.60 | |
Ir | Information ratio | -0.15 |
Phathom Pharmaceuticals 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 Phathom Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phathom Pharmaceuticals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phathom Pharmaceuticals generated a negative expected return over the last 90 days | |
| Phathom Pharmaceuticals has high historical volatility and very poor performance | |
| Phathom Pharmaceuticals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 682 K. Net Loss for the year was (201.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Phathom Pharmaceuticals currently holds about 207.39 M in cash with (137.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39. | |
| Phathom Pharmaceuticals has a poor financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Phathom Pharmaceuticals Upgraded to Buy Heres What You Should Know |
Phathom Pharmaceuticals 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 Phathom Stock often depends not only on the future outlook of the current and potential Phathom Pharmaceuticals' 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. Phathom Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.3 M | |
| Cash And Short Term Investments | 381.4 M |
Phathom Pharmaceuticals Technical Analysis
Phathom Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Phathom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phathom Pharmaceuticals. In general, you should focus on analyzing Phathom Stock price patterns and their correlations with different microeconomic environments and drivers.
Phathom Pharmaceuticals Predictive Forecast Models
Phathom Pharmaceuticals' time-series forecasting models is one of many Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals
Checking the ongoing alerts about Phathom Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phathom Pharmaceuticals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phathom Pharmaceuticals generated a negative expected return over the last 90 days | |
| Phathom Pharmaceuticals has high historical volatility and very poor performance | |
| Phathom Pharmaceuticals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 682 K. Net Loss for the year was (201.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Phathom Pharmaceuticals currently holds about 207.39 M in cash with (137.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39. | |
| Phathom Pharmaceuticals has a poor financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Phathom Pharmaceuticals Upgraded to Buy Heres What You Should Know |
Additional Tools for Phathom Stock Analysis
When running Phathom Pharmaceuticals' price analysis, check to measure Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals is operating at the current time. Most of Phathom Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Phathom Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phathom Pharmaceuticals' price. Additionally, you may evaluate how the addition of Phathom Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.