Standard Biotools Stock Probability of Future Stock Price Finishing Under 2.23
| LAB Stock | USD 1.84 0.02 1.10% |
Standard |
Standard Biotools Target Price Odds to finish below 2.23
The tendency of Standard 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 $ 2.23 after 90 days |
| 1.84 | 90 days | 2.23 | about 97.0 |
Based on a normal probability distribution, the odds of Standard Biotools to stay under $ 2.23 after 90 days from now is about 97.0 (This Standard Biotools probability density function shows the probability of Standard Stock to fall within a particular range of prices over 90 days) . Probability of Standard Biotools price to stay between its current price of $ 1.84 and $ 2.23 at the end of the 90-day period is about 61.18 .
Considering the 90-day investment horizon Standard Biotools has a beta of -0.0178. This indicates as returns on the benchmark increase, returns on holding Standard Biotools are expected to decrease at a much lower rate. During a bear market, however, Standard Biotools is likely to outperform the market. Additionally Standard Biotools 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. Standard Biotools Price Density |
| Price |
Predictive Modules for Standard Biotools
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Standard Biotools. 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.Standard Biotools Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Standard Biotools is not an exception. The market had few large corrections towards the Standard Biotools' 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 Standard Biotools, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Standard Biotools within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.08 |
Standard Biotools 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 Standard Biotools for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Standard Biotools can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Standard Biotools generated a negative expected return over the last 90 days | |
| Standard Biotools may become a speculative penny stock | |
| Standard Biotools has high historical volatility and very poor performance | |
| Standard Biotools has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 106.34 M. Reported Net Loss for the year was (74.66 M) with loss before taxes, overhead, and interest of (1.45 M). | |
| Standard Biotools has about 81.31 M in cash with (43.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Standard Biotools has a poor financial position based on the latest SEC disclosures | |
| Roughly 73.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Acquisition by Casdin Partners Master Fund, L.p. of 545000 shares of Standard Biotools at 2.05 subject to Rule 16b-3 |
Standard Biotools 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 Standard Stock often depends not only on the future outlook of the current and potential Standard Biotools' 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. Standard Biotools' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.2 M | |
| Cash And Short Term Investments | 114.9 M |
Standard Biotools Technical Analysis
Standard Biotools' future price can be derived by breaking down and analyzing its technical indicators over time. Standard Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Standard Biotools. In general, you should focus on analyzing Standard Stock price patterns and their correlations with different microeconomic environments and drivers.
Standard Biotools Predictive Forecast Models
Standard Biotools' time-series forecasting models is one of many Standard Biotools' 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 Standard Biotools' 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 Standard Biotools
Checking the ongoing alerts about Standard Biotools for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Standard Biotools help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Standard Biotools generated a negative expected return over the last 90 days | |
| Standard Biotools may become a speculative penny stock | |
| Standard Biotools has high historical volatility and very poor performance | |
| Standard Biotools has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 106.34 M. Reported Net Loss for the year was (74.66 M) with loss before taxes, overhead, and interest of (1.45 M). | |
| Standard Biotools has about 81.31 M in cash with (43.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Standard Biotools has a poor financial position based on the latest SEC disclosures | |
| Roughly 73.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Acquisition by Casdin Partners Master Fund, L.p. of 545000 shares of Standard Biotools at 2.05 subject to Rule 16b-3 |
Check out Standard Biotools Backtesting, Standard Biotools Valuation, Standard Biotools Correlation, Standard Biotools Hype Analysis, Standard Biotools Volatility, Standard Biotools History as well as Standard Biotools Performance. For information on how to trade Standard Stock refer to our How to Trade Standard Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Life Sciences Tools & Services 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 Standard Biotools. If investors know Standard 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 Standard Biotools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 0.558 | Quarterly Revenue Growth (0.14) | Return On Assets (0.15) | Return On Equity (0.37) |
The market value of Standard Biotools is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard Biotools' value that differs from its market value or its book value, called intrinsic value, which is Standard Biotools' 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 Standard Biotools' market value can be influenced by many factors that don't directly affect Standard Biotools' 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 Standard Biotools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Biotools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard Biotools' 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.