Soleno Therapeutics Stock Probability of Future Stock Price Finishing Under 48.14
| SLNO Stock | USD 47.35 0.57 1.19% |
Soleno |
Soleno Therapeutics Target Price Odds to finish below 48.14
The tendency of Soleno 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 $ 48.14 after 90 days |
| 47.35 | 90 days | 48.14 | about 7.23 |
Based on a normal probability distribution, the odds of Soleno Therapeutics to stay under $ 48.14 after 90 days from now is about 7.23 (This Soleno Therapeutics probability density function shows the probability of Soleno Stock to fall within a particular range of prices over 90 days) . Probability of Soleno Therapeutics price to stay between its current price of $ 47.35 and $ 48.14 at the end of the 90-day period is roughly 2.9 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.05 . This usually implies Soleno Therapeutics market returns are highly reactive to returns on the market. As the market goes up or down, Soleno Therapeutics is expected to follow. Additionally Soleno Therapeutics 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. Soleno Therapeutics Price Density |
| Price |
Predictive Modules for Soleno Therapeutics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Soleno Therapeutics. 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.Soleno Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Soleno Therapeutics is not an exception. The market had few large corrections towards the Soleno Therapeutics' 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 Soleno Therapeutics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Soleno Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 3.13 | |
Ir | Information ratio | -0.04 |
Soleno Therapeutics 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 Soleno Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Soleno Therapeutics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Soleno Therapeutics generated a negative expected return over the last 90 days | |
| Soleno Therapeutics has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (38.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Soleno Therapeutics currently holds about 24.07 M in cash with (24.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Charles Schwab Investment Management Inc. Purchases 130,080 Shares of Soleno Therapeutics, Inc. - MarketBeat |
Soleno Therapeutics 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 Soleno Stock often depends not only on the future outlook of the current and potential Soleno Therapeutics' 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. Soleno Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.5 M | |
| Cash And Short Term Investments | 169.7 M |
Soleno Therapeutics Technical Analysis
Soleno Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Soleno Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Soleno Therapeutics. In general, you should focus on analyzing Soleno Stock price patterns and their correlations with different microeconomic environments and drivers.
Soleno Therapeutics Predictive Forecast Models
Soleno Therapeutics' time-series forecasting models is one of many Soleno Therapeutics' 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 Soleno Therapeutics' 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 Soleno Therapeutics
Checking the ongoing alerts about Soleno Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Soleno Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Soleno Therapeutics generated a negative expected return over the last 90 days | |
| Soleno Therapeutics has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (38.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Soleno Therapeutics currently holds about 24.07 M in cash with (24.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Charles Schwab Investment Management Inc. Purchases 130,080 Shares of Soleno Therapeutics, Inc. - MarketBeat |
Check out Soleno Therapeutics Backtesting, Soleno Therapeutics Valuation, Soleno Therapeutics Correlation, Soleno Therapeutics Hype Analysis, Soleno Therapeutics Volatility, Soleno Therapeutics History as well as Soleno Therapeutics Performance. To learn how to invest in Soleno Stock, please use our How to Invest in Soleno Therapeutics guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Soleno Therapeutics. If investors know Soleno 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 Soleno Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.79) | Return On Assets (0.48) | Return On Equity (0.91) |
The market value of Soleno Therapeutics is measured differently than its book value, which is the value of Soleno that is recorded on the company's balance sheet. Investors also form their own opinion of Soleno Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Soleno Therapeutics' 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 Soleno Therapeutics' market value can be influenced by many factors that don't directly affect Soleno Therapeutics' 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 Soleno Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Soleno Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soleno Therapeutics' 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.