Amarin Plc Stock Probability of Future Stock Price Finishing Over 0.77
| AMRN Stock | USD 0.51 0.02 3.77% |
Amarin |
Amarin PLC Target Price Odds to finish over 0.77
The tendency of Amarin 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 $ 0.77 or more in 90 days |
| 0.51 | 90 days | 0.77 | near 1 |
Based on a normal probability distribution, the odds of Amarin PLC to move over $ 0.77 or more in 90 days from now is near 1 (This Amarin PLC probability density function shows the probability of Amarin Stock to fall within a particular range of prices over 90 days) . Probability of Amarin PLC price to stay between its current price of $ 0.51 and $ 0.77 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days Amarin PLC has a beta of 0.69. This suggests as returns on the market go up, Amarin PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amarin PLC will be expected to be much smaller as well. Additionally Amarin PLC 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. Amarin PLC Price Density |
| Price |
Predictive Modules for Amarin PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amarin PLC. 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.Amarin PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amarin PLC is not an exception. The market had few large corrections towards the Amarin PLC'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 Amarin PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amarin PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.12 |
Amarin PLC 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 Amarin PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amarin PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amarin PLC generated a negative expected return over the last 90 days | |
| Amarin PLC has some characteristics of a very speculative penny stock | |
| Amarin PLC has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 306.91 M. Net Loss for the year was (59.11 M) with profit before overhead, payroll, taxes, and interest of 260.56 M. | |
| Latest headline from MacroaxisInsider: Insider Trading |
Amarin PLC 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 Amarin Stock often depends not only on the future outlook of the current and potential Amarin PLC'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. Amarin PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 407.7 M | |
| Cash And Short Term Investments | 320.7 M |
Amarin PLC Technical Analysis
Amarin PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Amarin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amarin PLC. In general, you should focus on analyzing Amarin Stock price patterns and their correlations with different microeconomic environments and drivers.
Amarin PLC Predictive Forecast Models
Amarin PLC's time-series forecasting models is one of many Amarin PLC'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 Amarin PLC'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 Amarin PLC
Checking the ongoing alerts about Amarin PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amarin PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amarin PLC generated a negative expected return over the last 90 days | |
| Amarin PLC has some characteristics of a very speculative penny stock | |
| Amarin PLC has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 306.91 M. Net Loss for the year was (59.11 M) with profit before overhead, payroll, taxes, and interest of 260.56 M. | |
| Latest headline from MacroaxisInsider: Insider Trading |
Check out Amarin PLC Backtesting, Amarin PLC Valuation, Amarin PLC Correlation, Amarin PLC Hype Analysis, Amarin PLC Volatility, Amarin PLC History as well as Amarin PLC Performance. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Amarin PLC. If investors know Amarin 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 Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share (0.10) | Revenue Per Share 0.588 | Quarterly Revenue Growth (0.36) | Return On Assets (0.03) |
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC'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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC'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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.