Candel Therapeutics Stock Probability of Future Stock Price Finishing Over 12.85
| CADL Stock | USD 4.84 0.20 3.97% |
Candel |
Candel Therapeutics Target Price Odds to finish over 12.85
The tendency of Candel 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 $ 12.85 or more in 90 days |
| 4.84 | 90 days | 12.85 | near 1 |
Based on a normal probability distribution, the odds of Candel Therapeutics to move over $ 12.85 or more in 90 days from now is near 1 (This Candel Therapeutics probability density function shows the probability of Candel Stock to fall within a particular range of prices over 90 days) . Probability of Candel Therapeutics price to stay between its current price of $ 4.84 and $ 12.85 at the end of the 90-day period is about 86.48 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.64 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Candel Therapeutics will likely underperform. Additionally Candel Therapeutics 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. Candel Therapeutics Price Density |
| Price |
Predictive Modules for Candel Therapeutics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Candel Therapeutics. 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 Candel Therapeutics' 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.
Candel Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Candel Therapeutics is not an exception. The market had few large corrections towards the Candel Therapeutics' 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 Candel Therapeutics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Candel Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 1.64 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.06 |
Candel Therapeutics 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 Candel Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Candel Therapeutics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Candel Therapeutics generated a negative expected return over the last 90 days | |
| Candel Therapeutics has high historical volatility and very poor performance | |
| Candel Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 31 K. Net Loss for the year was (37.94 M) with loss before overhead, payroll, taxes, and interest of (20.66 M). | |
| Candel Therapeutics currently holds about 86.78 M in cash with (34.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0. | |
| Candel Therapeutics has a poor financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Tak Paul Peter of 12900 shares of Candel Therapeutics at 1.55 subject to Rule 16b-3 |
Candel Therapeutics 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 Candel Stock often depends not only on the future outlook of the current and potential Candel Therapeutics' 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. Candel Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.9 M | |
| Cash And Short Term Investments | 35.4 M |
Candel Therapeutics Technical Analysis
Candel Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Candel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Candel Therapeutics. In general, you should focus on analyzing Candel Stock price patterns and their correlations with different microeconomic environments and drivers.
Candel Therapeutics Predictive Forecast Models
Candel Therapeutics' time-series forecasting models is one of many Candel Therapeutics' 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 Candel Therapeutics' 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 Candel Therapeutics
Checking the ongoing alerts about Candel Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Candel Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Candel Therapeutics generated a negative expected return over the last 90 days | |
| Candel Therapeutics has high historical volatility and very poor performance | |
| Candel Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 31 K. Net Loss for the year was (37.94 M) with loss before overhead, payroll, taxes, and interest of (20.66 M). | |
| Candel Therapeutics currently holds about 86.78 M in cash with (34.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0. | |
| Candel Therapeutics has a poor financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Tak Paul Peter of 12900 shares of Candel Therapeutics at 1.55 subject to Rule 16b-3 |
Check out Candel Therapeutics Backtesting, Candel Therapeutics Valuation, Candel Therapeutics Correlation, Candel Therapeutics Hype Analysis, Candel Therapeutics Volatility, Candel Therapeutics History as well as Candel Therapeutics Performance. For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Candel Therapeutics. If investors know Candel 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 Candel Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Revenue Per Share 0.001 | Return On Assets (0.52) | Return On Equity (4.81) |
The market value of Candel Therapeutics is measured differently than its book value, which is the value of Candel that is recorded on the company's balance sheet. Investors also form their own opinion of Candel Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Candel Therapeutics' 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 Candel Therapeutics' market value can be influenced by many factors that don't directly affect Candel Therapeutics' 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 Candel Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Candel Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Candel Therapeutics' 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.