Immunocore Holdings Stock Probability of Future Stock Price Finishing Under 35.59
| IMCR Stock | USD 32.74 0.09 0.27% |
Immunocore |
Immunocore Holdings Target Price Odds to finish below 35.59
The tendency of Immunocore 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 $ 35.59 after 90 days |
| 32.74 | 90 days | 35.59 | over 95.94 |
Based on a normal probability distribution, the odds of Immunocore Holdings to stay under $ 35.59 after 90 days from now is over 95.94 (This Immunocore Holdings probability density function shows the probability of Immunocore Stock to fall within a particular range of prices over 90 days) . Probability of Immunocore Holdings price to stay between its current price of $ 32.74 and $ 35.59 at the end of the 90-day period is about 47.24 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.05 . This usually indicates Immunocore Holdings market returns are sensible to returns on the market. As the market goes up or down, Immunocore Holdings is expected to follow. Additionally Immunocore Holdings 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. Immunocore Holdings Price Density |
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Predictive Modules for Immunocore Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Immunocore Holdings. 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 Immunocore Holdings' 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.
Immunocore Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Immunocore Holdings is not an exception. The market had few large corrections towards the Immunocore Holdings' 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 Immunocore Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Immunocore Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | -0.1 |
Immunocore Holdings 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 Immunocore Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Immunocore Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Immunocore Holdings generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 249.43 M. Net Loss for the year was (43.37 M) with profit before overhead, payroll, taxes, and interest of 54.11 M. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Immunocore Holdings plc This Small-Cap Stock Is Ready To Explode |
Immunocore Holdings 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 Immunocore Stock often depends not only on the future outlook of the current and potential Immunocore Holdings' 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. Immunocore Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.9 M | |
| Cash And Short Term Investments | 442.6 M |
Immunocore Holdings Technical Analysis
Immunocore Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Immunocore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Immunocore Holdings. In general, you should focus on analyzing Immunocore Stock price patterns and their correlations with different microeconomic environments and drivers.
Immunocore Holdings Predictive Forecast Models
Immunocore Holdings' time-series forecasting models is one of many Immunocore Holdings' 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 Immunocore Holdings' 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 Immunocore Holdings
Checking the ongoing alerts about Immunocore Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Immunocore Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Immunocore Holdings generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 249.43 M. Net Loss for the year was (43.37 M) with profit before overhead, payroll, taxes, and interest of 54.11 M. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Immunocore Holdings plc This Small-Cap Stock Is Ready To Explode |
Additional Tools for Immunocore Stock Analysis
When running Immunocore Holdings' price analysis, check to measure Immunocore Holdings' 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 Immunocore Holdings is operating at the current time. Most of Immunocore Holdings' value examination focuses on studying past and present price action to predict the probability of Immunocore Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunocore Holdings' price. Additionally, you may evaluate how the addition of Immunocore Holdings to your portfolios can decrease your overall portfolio volatility.