Annexon Stock Odds of Future Stock Price Finishing Under 4.39
| ANNX Stock | USD 4.85 0.02 0.41% |
Annexon |
Annexon Target Price Odds to finish below 4.39
The tendency of Annexon 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 drop to $ 4.39 or more in 90 days |
| 4.85 | 90 days | 4.39 | near 1 |
Based on a normal probability distribution, the odds of Annexon to drop to $ 4.39 or more in 90 days from now is near 1 (This Annexon probability density function shows the probability of Annexon Stock to fall within a particular range of prices over 90 days) . Probability of Annexon price to stay between $ 4.39 and its current price of $4.85 at the end of the 90-day period is roughly 2.35 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.8 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Annexon will likely underperform. Additionally Annexon 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. Annexon Price Density |
| Price |
Predictive Modules for Annexon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Annexon. 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.Annexon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Annexon is not an exception. The market had few large corrections towards the Annexon'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 Annexon, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Annexon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.53 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | -0.12 |
Annexon 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 Annexon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Annexon can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Annexon generated a negative expected return over the last 90 days | |
| Annexon has high historical volatility and very poor performance | |
| Net Loss for the year was (134.24 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Annexon currently holds about 177.59 M in cash with (121.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73. | |
| Annexon has a frail financial position based on the latest SEC disclosures | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Annexon to Present Phase 2 ARCHER Data on Protection of Vision and Photoreceptors with ANX007 in Geographic Atrophy at the Floretina-ICOOR 2024 Meeting |
Annexon 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 Annexon Stock often depends not only on the future outlook of the current and potential Annexon'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. Annexon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.7 M | |
| Cash And Short Term Investments | 259.7 M |
Annexon Technical Analysis
Annexon's future price can be derived by breaking down and analyzing its technical indicators over time. Annexon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Annexon. In general, you should focus on analyzing Annexon Stock price patterns and their correlations with different microeconomic environments and drivers.
Annexon Predictive Forecast Models
Annexon's time-series forecasting models is one of many Annexon'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 Annexon'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 Annexon
Checking the ongoing alerts about Annexon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Annexon help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Annexon generated a negative expected return over the last 90 days | |
| Annexon has high historical volatility and very poor performance | |
| Net Loss for the year was (134.24 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Annexon currently holds about 177.59 M in cash with (121.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73. | |
| Annexon has a frail financial position based on the latest SEC disclosures | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Annexon to Present Phase 2 ARCHER Data on Protection of Vision and Photoreceptors with ANX007 in Geographic Atrophy at the Floretina-ICOOR 2024 Meeting |
Additional Tools for Annexon Stock Analysis
When running Annexon's price analysis, check to measure Annexon'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 Annexon is operating at the current time. Most of Annexon's value examination focuses on studying past and present price action to predict the probability of Annexon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Annexon's price. Additionally, you may evaluate how the addition of Annexon to your portfolios can decrease your overall portfolio volatility.