Check Cap Stock Probability of Future Stock Price Finishing Over 1.08
| CHEK Stock | USD 0.81 0.01 1.25% |
Check |
Check Cap Target Price Odds to finish over 1.08
The tendency of Check 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 $ 1.08 or more in 90 days |
| 0.81 | 90 days | 1.08 | about 75.89 |
Based on a normal probability distribution, the odds of Check Cap to move over $ 1.08 or more in 90 days from now is about 75.89 (This Check Cap probability density function shows the probability of Check Stock to fall within a particular range of prices over 90 days) . Probability of Check Cap price to stay between its current price of $ 0.81 and $ 1.08 at the end of the 90-day period is about 16.51 .
Given the investment horizon of 90 days Check Cap has a beta of 0.71 suggesting as returns on the market go up, Check Cap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Check Cap will be expected to be much smaller as well. Additionally Check Cap 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. Check Cap Price Density |
| Price |
Predictive Modules for Check Cap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Check Cap. 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 Check Cap'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.
Check Cap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Check Cap is not an exception. The market had few large corrections towards the Check Cap'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 Check Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Check Cap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.21 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.27 |
Check Cap 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 Check Cap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Check Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Check Cap generated a negative expected return over the last 90 days | |
| Check Cap has some characteristics of a very speculative penny stock | |
| Check Cap has high historical volatility and very poor performance | |
| Check Cap has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (17.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Check Cap currently holds about 49.84 M in cash with (16.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Check Cap has a poor financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Check-Cap Ltd. Short Interest Down 13.4 percent in October |
Check Cap 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 Check Stock often depends not only on the future outlook of the current and potential Check Cap'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. Check Cap's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.8 M | |
| Cash And Short Term Investments | 24.8 M |
Check Cap Technical Analysis
Check Cap's future price can be derived by breaking down and analyzing its technical indicators over time. Check Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Check Cap. In general, you should focus on analyzing Check Stock price patterns and their correlations with different microeconomic environments and drivers.
Check Cap Predictive Forecast Models
Check Cap's time-series forecasting models is one of many Check Cap'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 Check Cap'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 Check Cap
Checking the ongoing alerts about Check Cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Check Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Check Cap generated a negative expected return over the last 90 days | |
| Check Cap has some characteristics of a very speculative penny stock | |
| Check Cap has high historical volatility and very poor performance | |
| Check Cap has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (17.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Check Cap currently holds about 49.84 M in cash with (16.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Check Cap has a poor financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Check-Cap Ltd. Short Interest Down 13.4 percent in October |
Check out Check Cap Backtesting, Check Cap Valuation, Check Cap Correlation, Check Cap Hype Analysis, Check Cap Volatility, Check Cap History as well as Check Cap Performance. For more information on how to buy Check Stock please use our How to buy in Check Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Health Care Equipment & Supplies 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 Check Cap. If investors know Check 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 Check Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.00) | Return On Assets (0.32) | Return On Equity (0.54) |
The market value of Check Cap is measured differently than its book value, which is the value of Check that is recorded on the company's balance sheet. Investors also form their own opinion of Check Cap's value that differs from its market value or its book value, called intrinsic value, which is Check Cap'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 Check Cap's market value can be influenced by many factors that don't directly affect Check Cap'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 Check Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Check Cap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Check Cap'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.