Chimerix Stock Odds of Future Stock Price Finishing Over 0.9
| CMRX Stock | USD 0.90 0.01 1.10% |
Chimerix |
Chimerix Target Price Odds to finish over 0.9
The tendency of Chimerix 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 above the current price in 90 days |
| 0.90 | 90 days | 0.90 | about 56.96 |
Based on a normal probability distribution, the odds of Chimerix to move above the current price in 90 days from now is about 56.96 (This Chimerix probability density function shows the probability of Chimerix Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Chimerix has a beta of -0.52 suggesting as returns on the benchmark increase, returns on holding Chimerix are expected to decrease at a much lower rate. During a bear market, however, Chimerix is likely to outperform the market. Additionally Chimerix 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. Chimerix Price Density |
| Price |
Predictive Modules for Chimerix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chimerix. 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.Chimerix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chimerix is not an exception. The market had few large corrections towards the Chimerix'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 Chimerix, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chimerix within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.1 |
Chimerix 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 Chimerix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chimerix can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chimerix generated a negative expected return over the last 90 days | |
| Chimerix has some characteristics of a very speculative penny stock | |
| Chimerix has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 324 K. Net Loss for the year was (82.09 M) with loss before overhead, payroll, taxes, and interest of (36.49 M). | |
| Chimerix currently holds about 42.79 M in cash with (69.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Chimerix has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Chimerix Change In Receivables -0.13 Mil - GuruFocus.com |
Chimerix 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 Chimerix Stock often depends not only on the future outlook of the current and potential Chimerix'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. Chimerix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.6 M | |
| Cash And Short Term Investments | 182.8 M |
Chimerix Technical Analysis
Chimerix's future price can be derived by breaking down and analyzing its technical indicators over time. Chimerix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chimerix. In general, you should focus on analyzing Chimerix Stock price patterns and their correlations with different microeconomic environments and drivers.
Chimerix Predictive Forecast Models
Chimerix's time-series forecasting models is one of many Chimerix'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 Chimerix'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 Chimerix
Checking the ongoing alerts about Chimerix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chimerix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chimerix generated a negative expected return over the last 90 days | |
| Chimerix has some characteristics of a very speculative penny stock | |
| Chimerix has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 324 K. Net Loss for the year was (82.09 M) with loss before overhead, payroll, taxes, and interest of (36.49 M). | |
| Chimerix currently holds about 42.79 M in cash with (69.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Chimerix has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Chimerix Change In Receivables -0.13 Mil - GuruFocus.com |
Additional Tools for Chimerix Stock Analysis
When running Chimerix's price analysis, check to measure Chimerix'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 Chimerix is operating at the current time. Most of Chimerix's value examination focuses on studying past and present price action to predict the probability of Chimerix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chimerix's price. Additionally, you may evaluate how the addition of Chimerix to your portfolios can decrease your overall portfolio volatility.