Precigen Stock Odds of Future Stock Price Finishing Under 0.02
| PGEN Stock | USD 0.91 0.05 5.81% |
Precigen |
Precigen Target Price Odds to finish below 0.02
The tendency of Precigen 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 $ 0.02 or more in 90 days |
| 0.91 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Precigen to drop to $ 0.02 or more in 90 days from now is near 1 (This Precigen probability density function shows the probability of Precigen Stock to fall within a particular range of prices over 90 days) . Probability of Precigen price to stay between $ 0.02 and its current price of $0.91 at the end of the 90-day period is about 44.39 .
Given the investment horizon of 90 days Precigen has a beta of 0.64 indicating as returns on the market go up, Precigen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precigen will be expected to be much smaller as well. Additionally Precigen 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. Precigen Price Density |
| Price |
Predictive Modules for Precigen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Precigen. 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 Precigen's 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.
Precigen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Precigen is not an exception. The market had few large corrections towards the Precigen'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 Precigen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Precigen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.09 |
Precigen 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 Precigen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Precigen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Precigen generated a negative expected return over the last 90 days | |
| Precigen has some characteristics of a very speculative penny stock | |
| Precigen has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 6.22 M. Net Loss for the year was (95.9 M) with profit before overhead, payroll, taxes, and interest of 20.57 M. | |
| Precigen currently holds about 115.3 M in cash with (66.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55. | |
| Roughly 64.0% of the company shares are owned by institutional investors |
Precigen 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 Precigen Stock often depends not only on the future outlook of the current and potential Precigen'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. Precigen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 244.5 M | |
| Cash And Short Term Investments | 62.9 M |
Precigen Technical Analysis
Precigen's future price can be derived by breaking down and analyzing its technical indicators over time. Precigen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Precigen. In general, you should focus on analyzing Precigen Stock price patterns and their correlations with different microeconomic environments and drivers.
Precigen Predictive Forecast Models
Precigen's time-series forecasting models is one of many Precigen'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 Precigen'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 Precigen
Checking the ongoing alerts about Precigen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Precigen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Precigen generated a negative expected return over the last 90 days | |
| Precigen has some characteristics of a very speculative penny stock | |
| Precigen has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 6.22 M. Net Loss for the year was (95.9 M) with profit before overhead, payroll, taxes, and interest of 20.57 M. | |
| Precigen currently holds about 115.3 M in cash with (66.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55. | |
| Roughly 64.0% of the company shares are owned by institutional investors |
Check out Precigen Backtesting, Precigen Valuation, Precigen Correlation, Precigen Hype Analysis, Precigen Volatility, Precigen History as well as Precigen Performance. To learn how to invest in Precigen Stock, please use our How to Invest in Precigen guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Business 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 Precigen. If investors know Precigen 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 Precigen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Precigen is measured differently than its book value, which is the value of Precigen that is recorded on the company's balance sheet. Investors also form their own opinion of Precigen's value that differs from its market value or its book value, called intrinsic value, which is Precigen'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 Precigen's market value can be influenced by many factors that don't directly affect Precigen'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 Precigen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precigen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precigen'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.