Ionq Inc Stock Chance of Future Stock Price Finishing Under 16.45
| IONQ Stock | USD 36.50 4.29 13.32% |
IONQ |
IONQ Target Price Odds to finish below 16.45
The tendency of IONQ 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 drop to $ 16.45 or more in 90 days |
| 36.50 | 90 days | 16.45 | about 60.18 |
Based on a normal probability distribution, the odds of IONQ to drop to $ 16.45 or more in 90 days from now is about 60.18 (This IONQ Inc probability density function shows the probability of IONQ Stock to fall within a particular range of prices over 90 days) . Probability of IONQ Inc price to stay between $ 16.45 and its current price of $36.5 at the end of the 90-day period is about 39.45 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.33 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, IONQ will likely underperform. In addition to that IONQ Inc has an alpha of 2.2754, implying that it can generate a 2.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IONQ Price Density |
| Price |
Predictive Modules for IONQ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IONQ Inc. 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.IONQ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IONQ is not an exception. The market had few large corrections towards the IONQ'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 IONQ Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IONQ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.28 | |
β | Beta against Dow Jones | 2.33 | |
σ | Overall volatility | 8.09 | |
Ir | Information ratio | 0.31 |
IONQ 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 IONQ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IONQ Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IONQ Inc is way too risky over 90 days horizon | |
| IONQ Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 22.04 M. Net Loss for the year was (157.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| IONQ Inc currently holds about 423.35 M in cash with (78.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| IONQ Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: What the Options Market Tells Us About IonQ |
IONQ 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 IONQ Stock often depends not only on the future outlook of the current and potential IONQ'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. IONQ's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 202.6 M | |
| Cash And Short Term Investments | 355.4 M |
IONQ Technical Analysis
IONQ's future price can be derived by breaking down and analyzing its technical indicators over time. IONQ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IONQ Inc. In general, you should focus on analyzing IONQ Stock price patterns and their correlations with different microeconomic environments and drivers.
IONQ Predictive Forecast Models
IONQ's time-series forecasting models is one of many IONQ'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 IONQ'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 IONQ Inc
Checking the ongoing alerts about IONQ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IONQ Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IONQ Inc is way too risky over 90 days horizon | |
| IONQ Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 22.04 M. Net Loss for the year was (157.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| IONQ Inc currently holds about 423.35 M in cash with (78.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| IONQ Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: What the Options Market Tells Us About IonQ |
Additional Tools for IONQ Stock Analysis
When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.