Equillium Stock Probability of Future Stock Price Finishing Under 0.74
| EQ Stock | USD 0.71 0.01 1.39% |
Equillium |
Equillium Target Price Odds to finish below 0.74
The tendency of Equillium 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 stay under $ 0.74 after 90 days |
| 0.71 | 90 days | 0.74 | about 15.81 |
Based on a normal probability distribution, the odds of Equillium to stay under $ 0.74 after 90 days from now is about 15.81 (This Equillium probability density function shows the probability of Equillium Stock to fall within a particular range of prices over 90 days) . Probability of Equillium price to stay between its current price of $ 0.71 and $ 0.74 at the end of the 90-day period is under 4.
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.34 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, Equillium will likely underperform. Additionally Equillium 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. Equillium Price Density |
| Price |
Predictive Modules for Equillium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equillium. 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.Equillium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equillium is not an exception. The market had few large corrections towards the Equillium'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 Equillium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equillium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 2.34 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.03 |
Equillium 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 Equillium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equillium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Equillium generated a negative expected return over the last 90 days | |
| Equillium has high historical volatility and very poor performance | |
| Equillium has some characteristics of a very speculative penny stock | |
| The company generated the yearly revenue of 36.08 M. Annual Net Loss to common stockholders was (13.34 M) with gross profit of 15.76 M. | |
| Equillium reports about 57.56 M in cash with (21.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Equillium has a very weak financial position based on the latest SEC disclosures | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Equillium GAAP EPS of 0.00 misses by 0.02, revenue of 12.16M beats by 0.61M |
Equillium 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 Equillium Stock often depends not only on the future outlook of the current and potential Equillium'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. Equillium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.7 M | |
| Cash And Short Term Investments | 40.9 M |
Equillium Technical Analysis
Equillium's future price can be derived by breaking down and analyzing its technical indicators over time. Equillium Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equillium. In general, you should focus on analyzing Equillium Stock price patterns and their correlations with different microeconomic environments and drivers.
Equillium Predictive Forecast Models
Equillium's time-series forecasting models is one of many Equillium'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 Equillium'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 Equillium
Checking the ongoing alerts about Equillium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equillium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Equillium generated a negative expected return over the last 90 days | |
| Equillium has high historical volatility and very poor performance | |
| Equillium has some characteristics of a very speculative penny stock | |
| The company generated the yearly revenue of 36.08 M. Annual Net Loss to common stockholders was (13.34 M) with gross profit of 15.76 M. | |
| Equillium reports about 57.56 M in cash with (21.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Equillium has a very weak financial position based on the latest SEC disclosures | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Equillium GAAP EPS of 0.00 misses by 0.02, revenue of 12.16M beats by 0.61M |
Additional Tools for Equillium Stock Analysis
When running Equillium's price analysis, check to measure Equillium'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 Equillium is operating at the current time. Most of Equillium's value examination focuses on studying past and present price action to predict the probability of Equillium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equillium's price. Additionally, you may evaluate how the addition of Equillium to your portfolios can decrease your overall portfolio volatility.