Processa Pharmaceuticals Stock Probability of Future Stock Price Finishing Under 0.94
| PCSA Stock | USD 1.16 0.18 18.37% |
Processa |
Processa Pharmaceuticals Target Price Odds to finish below 0.94
The tendency of Processa 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 $ 0.94 or more in 90 days |
| 1.16 | 90 days | 0.94 | under 4 |
Based on a normal probability distribution, the odds of Processa Pharmaceuticals to drop to $ 0.94 or more in 90 days from now is under 4 (This Processa Pharmaceuticals probability density function shows the probability of Processa Stock to fall within a particular range of prices over 90 days) . Probability of Processa Pharmaceuticals price to stay between $ 0.94 and its current price of $1.16 at the end of the 90-day period is about 27.81 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.4 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Processa Pharmaceuticals will likely underperform. Additionally Processa Pharmaceuticals 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. Processa Pharmaceuticals Price Density |
| Price |
Predictive Modules for Processa Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Processa Pharmaceuticals. 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 Processa Pharmaceuticals' 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.
Processa Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Processa Pharmaceuticals is not an exception. The market had few large corrections towards the Processa Pharmaceuticals' 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 Processa Pharmaceuticals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Processa Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 1.40 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.08 |
Processa Pharmaceuticals 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 Processa Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Processa Pharmaceuticals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Processa Pharmaceuticals generated a negative expected return over the last 90 days | |
| Processa Pharmaceuticals may become a speculative penny stock | |
| Processa Pharmaceuticals has high historical volatility and very poor performance | |
| Processa Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (11.12 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Processa Pharmaceuticals currently holds about 12.06 M in cash with (8.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76. | |
| Processa Pharmaceuticals has a poor financial position based on the latest SEC disclosures |
Processa Pharmaceuticals 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 Processa Stock often depends not only on the future outlook of the current and potential Processa Pharmaceuticals' 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. Processa Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 M | |
| Cash And Short Term Investments | 4.7 M |
Processa Pharmaceuticals Technical Analysis
Processa Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Processa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Processa Pharmaceuticals. In general, you should focus on analyzing Processa Stock price patterns and their correlations with different microeconomic environments and drivers.
Processa Pharmaceuticals Predictive Forecast Models
Processa Pharmaceuticals' time-series forecasting models is one of many Processa Pharmaceuticals' 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 Processa Pharmaceuticals' 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 Processa Pharmaceuticals
Checking the ongoing alerts about Processa Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Processa Pharmaceuticals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Processa Pharmaceuticals generated a negative expected return over the last 90 days | |
| Processa Pharmaceuticals may become a speculative penny stock | |
| Processa Pharmaceuticals has high historical volatility and very poor performance | |
| Processa Pharmaceuticals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (11.12 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Processa Pharmaceuticals currently holds about 12.06 M in cash with (8.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76. | |
| Processa Pharmaceuticals has a poor financial position based on the latest SEC disclosures |
Check out Processa Pharmaceuticals Backtesting, Processa Pharmaceuticals Valuation, Processa Pharmaceuticals Correlation, Processa Pharmaceuticals Hype Analysis, Processa Pharmaceuticals Volatility, Processa Pharmaceuticals History as well as Processa Pharmaceuticals Performance. For information on how to trade Processa Stock refer to our How to Trade Processa Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Processa Pharmaceuticals. If investors know Processa 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 Processa Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.80) | Return On Assets (1.13) | Return On Equity (2.12) |
The market value of Processa Pharmaceuticals is measured differently than its book value, which is the value of Processa that is recorded on the company's balance sheet. Investors also form their own opinion of Processa Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Processa Pharmaceuticals' 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 Processa Pharmaceuticals' market value can be influenced by many factors that don't directly affect Processa Pharmaceuticals' 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 Processa Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Processa Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Processa Pharmaceuticals' 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.