Genenta Science Spa Stock Probability of Future Stock Price Finishing Over 11.62
| GNTA Stock | USD 4.69 0.11 2.29% |
Genenta |
Genenta Science Target Price Odds to finish over 11.62
The tendency of Genenta 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 $ 11.62 or more in 90 days |
| 4.69 | 90 days | 11.62 | near 1 |
Based on a normal probability distribution, the odds of Genenta Science to move over $ 11.62 or more in 90 days from now is near 1 (This Genenta Science SpA probability density function shows the probability of Genenta Stock to fall within a particular range of prices over 90 days) . Probability of Genenta Science SpA price to stay between its current price of $ 4.69 and $ 11.62 at the end of the 90-day period is about 48.36 .
Given the investment horizon of 90 days Genenta Science has a beta of 0.74. This usually indicates as returns on the market go up, Genenta Science average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Genenta Science SpA will be expected to be much smaller as well. Additionally Genenta Science SpA has an alpha of 0.3125, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Genenta Science Price Density |
| Price |
Predictive Modules for Genenta Science
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genenta Science SpA. 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 Genenta Science'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.
Genenta Science Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genenta Science is not an exception. The market had few large corrections towards the Genenta Science'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 Genenta Science SpA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genenta Science within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.04 |
Genenta Science 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 Genenta Science for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genenta Science SpA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genenta Science SpA had very high historical volatility over the last 90 days | |
| Genenta Science SpA has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Genenta Science SpA currently holds about 37.24 M in cash with (11.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.04. | |
| Genenta Science SpA has a frail financial position based on the latest SEC disclosures | |
| Roughly 39.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Genenta Science Shares Down 4.9 percent - Whats Next - MarketBeat |
Genenta Science 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 Genenta Stock often depends not only on the future outlook of the current and potential Genenta Science'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. Genenta Science's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.2 M | |
| Cash And Short Term Investments | 18.8 M | |
| Shares Float | 11.2 M |
Genenta Science Technical Analysis
Genenta Science's future price can be derived by breaking down and analyzing its technical indicators over time. Genenta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genenta Science SpA. In general, you should focus on analyzing Genenta Stock price patterns and their correlations with different microeconomic environments and drivers.
Genenta Science Predictive Forecast Models
Genenta Science's time-series forecasting models is one of many Genenta Science'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 Genenta Science'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 Genenta Science SpA
Checking the ongoing alerts about Genenta Science for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genenta Science SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genenta Science SpA had very high historical volatility over the last 90 days | |
| Genenta Science SpA has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Genenta Science SpA currently holds about 37.24 M in cash with (11.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.04. | |
| Genenta Science SpA has a frail financial position based on the latest SEC disclosures | |
| Roughly 39.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Genenta Science Shares Down 4.9 percent - Whats Next - MarketBeat |
Check out Genenta Science Backtesting, Genenta Science Valuation, Genenta Science Correlation, Genenta Science Hype Analysis, Genenta Science Volatility, Genenta Science History as well as Genenta Science Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Genenta Science. If investors know Genenta 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 Genenta Science listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Return On Assets (0.26) | Return On Equity (0.43) |
The market value of Genenta Science SpA is measured differently than its book value, which is the value of Genenta that is recorded on the company's balance sheet. Investors also form their own opinion of Genenta Science's value that differs from its market value or its book value, called intrinsic value, which is Genenta Science'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 Genenta Science's market value can be influenced by many factors that don't directly affect Genenta Science'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 Genenta Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genenta Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genenta Science'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.