Anixa Biosciences Stock Forward View - Simple Regression
| ANIX Stock | USD 3.10 0.07 2.31% |
Anixa Stock outlook is based on your current time horizon.
At this time, the value of RSI of Anixa Biosciences' share price is approaching 42. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Anixa Biosciences, making its price go up or down. Momentum 42
Sell Extended
Oversold | Overbought |
Using Anixa Biosciences hype-based prediction, you can estimate the value of Anixa Biosciences from the perspective of Anixa Biosciences response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Anixa Biosciences on the next trading day is expected to be 2.98 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.61. Anixa Biosciences after-hype prediction price | USD 3.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Anixa Biosciences to cross-verify your projections. For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.Anixa Biosciences Additional Predictive Modules
Most predictive techniques to examine Anixa price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Anixa using various technical indicators. When you analyze Anixa charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Anixa Biosciences Simple Regression Price Forecast For the 30th of January
Given 90 days horizon, the Simple Regression forecasted value of Anixa Biosciences on the next trading day is expected to be 2.98 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.61.Please note that although there have been many attempts to predict Anixa Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Anixa Biosciences' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Anixa Biosciences Stock Forecast Pattern
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Anixa Biosciences Forecasted Value
In the context of forecasting Anixa Biosciences' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Anixa Biosciences' downside and upside margins for the forecasting period are 0.03 and 8.50, respectively. We have considered Anixa Biosciences' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Anixa Biosciences stock data series using in forecasting. Note that when a statistical model is used to represent Anixa Biosciences stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.4659 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3215 |
| MAPE | Mean absolute percentage error | 0.0798 |
| SAE | Sum of the absolute errors | 19.6117 |
Predictive Modules for Anixa Biosciences
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anixa Biosciences. 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.Anixa Biosciences After-Hype Price Density Analysis
As far as predicting the price of Anixa Biosciences at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Anixa Biosciences or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Anixa Biosciences, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Anixa Biosciences Estimiated After-Hype Price Volatility
In the context of predicting Anixa Biosciences' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Anixa Biosciences' historical news coverage. Anixa Biosciences' after-hype downside and upside margins for the prediction period are 0.16 and 8.62, respectively. We have considered Anixa Biosciences' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Anixa Biosciences is very risky at this time. Analysis and calculation of next after-hype price of Anixa Biosciences is based on 3 months time horizon.
Anixa Biosciences Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Anixa Biosciences is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Anixa Biosciences backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Anixa Biosciences, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 5.52 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.10 | 3.10 | 0.00 |
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Anixa Biosciences Hype Timeline
Anixa Biosciences is presently traded for 3.10. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Anixa is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.31%. %. The volatility of related hype on Anixa Biosciences is about 0.0%, with the expected price after the next announcement by competition of 3.10. About 16.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.34. Anixa Biosciences had not issued any dividends in recent years. The entity had 1:25 split on the 26th of June 2015. Given the investment horizon of 90 days the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Anixa Biosciences to cross-verify your projections. For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.Anixa Biosciences Related Hype Analysis
Having access to credible news sources related to Anixa Biosciences' direct competition is more important than ever and may enhance your ability to predict Anixa Biosciences' future price movements. Getting to know how Anixa Biosciences' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Anixa Biosciences may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ENTX | Entera Bio | 0.00 | 0 per month | 0.00 | (0.23) | 8.57 | (8.05) | 22.41 | |
| INO | Inovio Pharmaceuticals | 0.00 | 0 per month | 0.00 | (0.10) | 6.38 | (6.80) | 36.52 | |
| HURA | TuHURA Biosciences | 0.00 | 0 per month | 0.00 | (0.31) | 7.73 | (10.53) | 50.34 | |
| IRD | Opus Genetics | 0.00 | 0 per month | 3.83 | 0.07 | 6.70 | (6.10) | 17.79 | |
| ABOS | Acumen Pharmaceuticals | 0.00 | 0 per month | 4.41 | 0.08 | 9.94 | (7.18) | 27.46 | |
| VTGN | VistaGen Therapeutics | 0.00 | 0 per month | 0.00 | (0.15) | 7.61 | (12.80) | 96.59 | |
| SEER | Seer Inc | 0.00 | 0 per month | 0.00 | (0.19) | 3.28 | (2.76) | 6.37 | |
| SPRO | Spero Therapeutics | 0.00 | 0 per month | 0.00 | (0.06) | 3.59 | (5.04) | 13.07 | |
| ACTU | Actuate Therapeutics Common | 0.00 | 0 per month | 0.00 | (0.11) | 5.40 | (7.00) | 20.01 | |
| AGEN | Agenus Inc | 0.00 | 0 per month | 0.00 | (0.09) | 6.63 | (6.79) | 30.06 |
Other Forecasting Options for Anixa Biosciences
For every potential investor in Anixa, whether a beginner or expert, Anixa Biosciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Anixa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Anixa. Basic forecasting techniques help filter out the noise by identifying Anixa Biosciences' price trends.Anixa Biosciences Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anixa Biosciences stock to make a market-neutral strategy. Peer analysis of Anixa Biosciences could also be used in its relative valuation, which is a method of valuing Anixa Biosciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Anixa Biosciences Market Strength Events
Market strength indicators help investors to evaluate how Anixa Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anixa Biosciences shares will generate the highest return on investment. By undertsting and applying Anixa Biosciences stock market strength indicators, traders can identify Anixa Biosciences entry and exit signals to maximize returns.
Anixa Biosciences Risk Indicators
The analysis of Anixa Biosciences' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Anixa Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anixa stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.57 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.48 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Anixa Biosciences
The number of cover stories for Anixa Biosciences depends on current market conditions and Anixa Biosciences' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Anixa Biosciences is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Anixa Biosciences' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Anixa Biosciences Short Properties
Anixa Biosciences' future price predictability will typically decrease when Anixa Biosciences' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Anixa Biosciences often depends not only on the future outlook of the potential Anixa Biosciences' 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. Anixa Biosciences' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.5 M | |
| Cash And Short Term Investments | 15.2 M |
Additional Tools for Anixa Stock Analysis
When running Anixa Biosciences' price analysis, check to measure Anixa Biosciences' 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 Anixa Biosciences is operating at the current time. Most of Anixa Biosciences' value examination focuses on studying past and present price action to predict the probability of Anixa Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anixa Biosciences' price. Additionally, you may evaluate how the addition of Anixa Biosciences to your portfolios can decrease your overall portfolio volatility.