Polypid Stock Odds of Future Stock Price Finishing Under 3.55
| PYPD Stock | USD 3.03 0.26 7.90% |
PolyPid |
PolyPid Target Price Odds to finish below 3.55
The tendency of PolyPid 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 $ 3.55 after 90 days |
| 3.03 | 90 days | 3.55 | about 79.08 |
Based on a normal probability distribution, the odds of PolyPid to stay under $ 3.55 after 90 days from now is about 79.08 (This PolyPid probability density function shows the probability of PolyPid Stock to fall within a particular range of prices over 90 days) . Probability of PolyPid price to stay between its current price of $ 3.03 and $ 3.55 at the end of the 90-day period is about 79.32 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.06 indicating PolyPid market returns are highly-sensitive to returns on the market. As the market goes up or down, PolyPid is expected to follow. Additionally PolyPid 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. PolyPid Price Density |
| Price |
Predictive Modules for PolyPid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PolyPid. 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.PolyPid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PolyPid is not an exception. The market had few large corrections towards the PolyPid'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 PolyPid, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PolyPid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.08 |
PolyPid 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 PolyPid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PolyPid can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PolyPid generated a negative expected return over the last 90 days | |
| PolyPid has high historical volatility and very poor performance | |
| PolyPid has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (23.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PolyPid currently holds about 23.78 M in cash with (17.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22. | |
| PolyPid has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: PolyPid receives Nasdaqs non-compliance letter |
PolyPid 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 PolyPid Stock often depends not only on the future outlook of the current and potential PolyPid'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. PolyPid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 M | |
| Cash And Short Term Investments | 5.6 M |
PolyPid Technical Analysis
PolyPid's future price can be derived by breaking down and analyzing its technical indicators over time. PolyPid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PolyPid. In general, you should focus on analyzing PolyPid Stock price patterns and their correlations with different microeconomic environments and drivers.
PolyPid Predictive Forecast Models
PolyPid's time-series forecasting models is one of many PolyPid'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 PolyPid'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 PolyPid
Checking the ongoing alerts about PolyPid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PolyPid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PolyPid generated a negative expected return over the last 90 days | |
| PolyPid has high historical volatility and very poor performance | |
| PolyPid has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (23.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PolyPid currently holds about 23.78 M in cash with (17.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22. | |
| PolyPid has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: PolyPid receives Nasdaqs non-compliance letter |
Check out PolyPid Backtesting, PolyPid Valuation, PolyPid Correlation, PolyPid Hype Analysis, PolyPid Volatility, PolyPid History as well as PolyPid Performance. For information on how to trade PolyPid Stock refer to our How to Trade PolyPid Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 PolyPid. If investors know PolyPid 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 PolyPid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.22) | Return On Assets (0.65) | Return On Equity (4.97) |
The market value of PolyPid is measured differently than its book value, which is the value of PolyPid that is recorded on the company's balance sheet. Investors also form their own opinion of PolyPid's value that differs from its market value or its book value, called intrinsic value, which is PolyPid'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 PolyPid's market value can be influenced by many factors that don't directly affect PolyPid'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 PolyPid's value and its price as these two are different measures arrived at by different means. Investors typically determine if PolyPid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PolyPid'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.