Novavax (UK) Odds of Future Stock Price Finishing Over 43.37
| 0A3S Stock | 11.90 3.17 36.31% |
Novavax |
Novavax Target Price Odds to finish over 43.37
The tendency of Novavax 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 move over 43.37 or more in 90 days |
| 11.90 | 90 days | 43.37 | close to zero percent |
Based on a normal probability distribution, the odds of Novavax to move over 43.37 or more in 90 days from now is close to zero percent (This Novavax probability density function shows the probability of Novavax Stock to fall within a particular range of prices over 90 days) . Probability of Novavax price to stay between its current price of 11.90 and 43.37 at the end of the 90-day period is about 36.13 .
Assuming the 90 days trading horizon Novavax has a beta of 0.33. This suggests as returns on the market go up, Novavax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Novavax will be expected to be much smaller as well. Additionally Novavax has an alpha of 0.8871, implying that it can generate a 0.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Novavax Price Density |
| Price |
Predictive Modules for Novavax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novavax. 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.Novavax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Novavax is not an exception. The market had few large corrections towards the Novavax'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 Novavax, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Novavax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.89 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.06 |
Novavax 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 Novavax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novavax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novavax is way too risky over 90 days horizon | |
| Novavax appears to be risky and price may revert if volatility continues | |
| Novavax has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 885.19 M. Net Loss for the year was (657.94 M) with loss before overhead, payroll, taxes, and interest of (156.04 M). | |
| Novavax generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Institutional investors control 53 percent of Novavax, Inc. and were rewarded last week after stock increased 6.3 percent - Yahoo Finance |
Novavax Technical Analysis
Novavax's future price can be derived by breaking down and analyzing its technical indicators over time. Novavax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novavax. In general, you should focus on analyzing Novavax Stock price patterns and their correlations with different microeconomic environments and drivers.
Novavax Predictive Forecast Models
Novavax's time-series forecasting models is one of many Novavax'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 Novavax'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 Novavax
Checking the ongoing alerts about Novavax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Novavax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Novavax is way too risky over 90 days horizon | |
| Novavax appears to be risky and price may revert if volatility continues | |
| Novavax has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 885.19 M. Net Loss for the year was (657.94 M) with loss before overhead, payroll, taxes, and interest of (156.04 M). | |
| Novavax generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Institutional investors control 53 percent of Novavax, Inc. and were rewarded last week after stock increased 6.3 percent - Yahoo Finance |
Additional Tools for Novavax Stock Analysis
When running Novavax's price analysis, check to measure Novavax'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 Novavax is operating at the current time. Most of Novavax's value examination focuses on studying past and present price action to predict the probability of Novavax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novavax's price. Additionally, you may evaluate how the addition of Novavax to your portfolios can decrease your overall portfolio volatility.