Kineta Inc Stock Chance of Future Stock Price Finishing Over 8.74
| KA Stock | 0.48 0.04 7.69% |
Kineta |
Kineta Target Price Odds to finish over 8.74
The tendency of Kineta 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 8.74 or more in 90 days |
| 0.48 | 90 days | 8.74 | close to zero percent |
Based on a normal probability distribution, the odds of Kineta to move over 8.74 or more in 90 days from now is close to zero percent (This Kineta Inc probability density function shows the probability of Kineta Stock to fall within a particular range of prices over 90 days) . Probability of Kineta Inc price to stay between its current price of 0.48 and 8.74 at the end of the 90-day period is close to 99 .
Allowing for the 90-day total investment horizon Kineta Inc has a beta of -1.22. This indicates as returns on its benchmark rise, returns on holding Kineta Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kineta is expected to outperform its benchmark. Additionally Kineta Inc 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. Kineta Price Density |
| Price |
Predictive Modules for Kineta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kineta 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.Kineta Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kineta is not an exception. The market had few large corrections towards the Kineta'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 Kineta Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kineta within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -1.22 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.05 |
Kineta 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 Kineta for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kineta 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.| Kineta Inc generated a negative expected return over the last 90 days | |
| Kineta Inc has high historical volatility and very poor performance | |
| Kineta Inc has some characteristics of a very speculative penny stock | |
| Kineta Inc has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (14.1 M) with gross profit of 9.09 M. | |
| Kineta generates negative cash flow from operations | |
| Kineta Inc has a frail financial position based on the latest SEC disclosures | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: ARMISTICE CAPITAL, LLC Acquires New Stake in Kineta Inc - GuruFocus.com |
Kineta 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 Kineta Stock often depends not only on the future outlook of the current and potential Kineta'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. Kineta's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.1 M | |
| Cash And Short Term Investments | 5.9 M |
Kineta Technical Analysis
Kineta's future price can be derived by breaking down and analyzing its technical indicators over time. Kineta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kineta Inc. In general, you should focus on analyzing Kineta Stock price patterns and their correlations with different microeconomic environments and drivers.
Kineta Predictive Forecast Models
Kineta's time-series forecasting models is one of many Kineta'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 Kineta'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 Kineta Inc
Checking the ongoing alerts about Kineta for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kineta Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kineta Inc generated a negative expected return over the last 90 days | |
| Kineta Inc has high historical volatility and very poor performance | |
| Kineta Inc has some characteristics of a very speculative penny stock | |
| Kineta Inc has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (14.1 M) with gross profit of 9.09 M. | |
| Kineta generates negative cash flow from operations | |
| Kineta Inc has a frail financial position based on the latest SEC disclosures | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: ARMISTICE CAPITAL, LLC Acquires New Stake in Kineta Inc - GuruFocus.com |
Check out Kineta Backtesting, Kineta Valuation, Kineta Correlation, Kineta Hype Analysis, Kineta Volatility, Kineta History as well as Kineta Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Kineta. If investors know Kineta 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 Kineta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.64) | Quarterly Revenue Growth (1.00) | Return On Assets (1.14) | Return On Equity (3.69) |
The market value of Kineta Inc is measured differently than its book value, which is the value of Kineta that is recorded on the company's balance sheet. Investors also form their own opinion of Kineta's value that differs from its market value or its book value, called intrinsic value, which is Kineta'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 Kineta's market value can be influenced by many factors that don't directly affect Kineta'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 Kineta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kineta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kineta'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.