Nkarta Stock Forward View

NKTX Stock  USD 2.22  0.21  8.64%   
Nkarta Stock outlook is based on your current time horizon.
At this time, The RSI of Nkarta's share price is at 54. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Nkarta, making its price go up or down.

Momentum 54

 Impartial

 
Oversold
 
Overbought
The successful prediction of Nkarta's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Nkarta Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Nkarta's stock price prediction:
EPS Estimate Next Quarter
(0.31)
EPS Estimate Current Year
(1.34)
EPS Estimate Next Year
(1.31)
Wall Street Target Price
11.25
EPS Estimate Current Quarter
(0.30)
Using Nkarta hype-based prediction, you can estimate the value of Nkarta Inc from the perspective of Nkarta response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Nkarta using Nkarta's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Nkarta using crowd psychology based on the activity and movement of Nkarta's stock price.

Nkarta Implied Volatility

    
  1.72  
Nkarta's implied volatility exposes the market's sentiment of Nkarta Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nkarta's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nkarta stock will not fluctuate a lot when Nkarta's options are near their expiration.
The Naive Prediction forecasted value of Nkarta Inc on the next trading day is expected to be 2.30 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.79.

Nkarta after-hype prediction price

    
  USD 2.21  
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 Nkarta to cross-verify your projections.

Open Interest Against 2026-03-20 Nkarta Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Nkarta's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Nkarta's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Nkarta stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Nkarta's open interest, investors have to compare it to Nkarta's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Nkarta is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Nkarta. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Nkarta Additional Predictive Modules

Most predictive techniques to examine Nkarta price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nkarta using various technical indicators. When you analyze Nkarta 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.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Nkarta's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2019-03-31
Previous Quarter
53.4 M
Current Value
60.1 M
Quarterly Volatility
57.6 M
 
Covid
 
Interest Hikes
A naive forecasting model for Nkarta is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Nkarta Inc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Nkarta Naive Prediction Price Forecast For the 2nd of February

Given 90 days horizon, the Naive Prediction forecasted value of Nkarta Inc on the next trading day is expected to be 2.30 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.79.
Please note that although there have been many attempts to predict Nkarta 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 Nkarta's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nkarta Stock Forecast Pattern

Backtest Nkarta  Nkarta Price Prediction  Buy or Sell Advice  

Nkarta Forecasted Value

In the context of forecasting Nkarta's 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. Nkarta's downside and upside margins for the forecasting period are 0.02 and 5.47, respectively. We have considered Nkarta's 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.
Market Value
2.22
2.30
Expected Value
5.47
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Nkarta stock data series using in forecasting. Note that when a statistical model is used to represent Nkarta 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.
AICAkaike Information Criteria113.0603
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0621
MAPEMean absolute percentage error0.0305
SAESum of the absolute errors3.7882
This model is not at all useful as a medium-long range forecasting tool of Nkarta Inc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Nkarta. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Nkarta

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nkarta Inc. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nkarta's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.112.215.39
Details
Intrinsic
Valuation
LowRealHigh
1.264.447.62
Details
7 Analysts
Consensus
LowTargetHigh
10.2411.2512.49
Details

Nkarta After-Hype Price Density Analysis

As far as predicting the price of Nkarta 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 Nkarta 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 Nkarta, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Nkarta Estimiated After-Hype Price Volatility

In the context of predicting Nkarta's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nkarta's historical news coverage. Nkarta's after-hype downside and upside margins for the prediction period are 0.11 and 5.39, respectively. We have considered Nkarta's 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
2.22
2.21
After-hype Price
5.39
Upside
Nkarta is moderately volatile at this time. Analysis and calculation of next after-hype price of Nkarta Inc is based on 3 months time horizon.

Nkarta Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Nkarta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nkarta 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 Nkarta, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
3.18
  0.01 
 0.00  
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.22
2.21
0.45 
4,543  
Notes

Nkarta Hype Timeline

Nkarta Inc is now traded for 2.22. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Nkarta is anticipated to decline in value after the next headline, with the price expected to drop to 2.21. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.45%, whereas the daily expected return is now at 0.16%. The volatility of related hype on Nkarta is about 14454.55%, with the expected price after the next announcement by competition of 2.22. About 86.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.51. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nkarta Inc recorded a loss per share of 1.26. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 6 days.
Check out Historical Fundamental Analysis of Nkarta to cross-verify your projections.

Nkarta Related Hype Analysis

Having access to credible news sources related to Nkarta's direct competition is more important than ever and may enhance your ability to predict Nkarta's future price movements. Getting to know how Nkarta's 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 Nkarta may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
STRRStar Equity Holdings 0.00 0 per month 0.00 (0.05) 3.21 (4.79) 12.75 
NOTVInotiv Inc 0.00 0 per month 0.00 (0.18) 7.41 (7.95) 39.39 
YI111 Inc 0.00 0 per month 4.08  0.13  15.20 (8.04) 47.07 
PRPOPrecipio 0.00 0 per month 2.91  0.09  8.79 (4.37) 21.67 
NMTCNeuroone Medical Technologies 0.00 0 per month 3.88  0.07  9.59 (6.85) 23.46 
RMTIRockwell Medical 0.15 8 per month 4.01  0  6.38 (6.52) 40.19 
ECORElectrocore LLC 0.07 10 per month 3.69  0.10  10.17 (6.20) 31.20 
BTAIBioXcel Therapeutics 0.00 0 per month 0.00 (0.03) 8.90 (6.97) 22.33 
CCELCryoCell International 0.00 0 per month 0.00 (0.15) 4.71 (4.94) 16.21 
VERUVeru Inc 0.00 0 per month 3.98  0.01  6.07 (6.69) 17.23 

Other Forecasting Options for Nkarta

For every potential investor in Nkarta, whether a beginner or expert, Nkarta's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nkarta Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nkarta. Basic forecasting techniques help filter out the noise by identifying Nkarta's price trends.

Nkarta 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 Nkarta stock to make a market-neutral strategy. Peer analysis of Nkarta could also be used in its relative valuation, which is a method of valuing Nkarta by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Nkarta Market Strength Events

Market strength indicators help investors to evaluate how Nkarta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nkarta shares will generate the highest return on investment. By undertsting and applying Nkarta stock market strength indicators, traders can identify Nkarta Inc entry and exit signals to maximize returns.

Nkarta Risk Indicators

The analysis of Nkarta's 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 Nkarta's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nkarta 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.
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 Nkarta

The number of cover stories for Nkarta depends on current market conditions and Nkarta's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nkarta 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 Nkarta's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Nkarta Short Properties

Nkarta's future price predictability will typically decrease when Nkarta's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nkarta Inc often depends not only on the future outlook of the potential Nkarta'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. Nkarta's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding67.9 M
Cash And Short Term Investments267.4 M

Additional Tools for Nkarta Stock Analysis

When running Nkarta's price analysis, check to measure Nkarta's 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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.