Rani Therapeutics Holdings Stock Probability of Future Stock Price Finishing Under 0.03
| RANI Stock | USD 1.99 0.04 2.05% |
Rani |
Rani Therapeutics Target Price Odds to finish below 0.03
The tendency of Rani 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 $ 0.03 or more in 90 days |
| 1.99 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of Rani Therapeutics to drop to $ 0.03 or more in 90 days from now is near 1 (This Rani Therapeutics Holdings probability density function shows the probability of Rani Stock to fall within a particular range of prices over 90 days) . Probability of Rani Therapeutics price to stay between $ 0.03 and its current price of $1.99 at the end of the 90-day period is about 8.57 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.01 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, Rani Therapeutics will likely underperform. Additionally Rani Therapeutics Holdings 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. Rani Therapeutics Price Density |
| Price |
Predictive Modules for Rani Therapeutics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rani Therapeutics. 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.Rani Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rani Therapeutics is not an exception. The market had few large corrections towards the Rani Therapeutics' 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 Rani Therapeutics Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rani Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.7 | |
β | Beta against Dow Jones | 3.01 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.05 |
Rani Therapeutics 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 Rani Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rani Therapeutics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rani Therapeutics generated a negative expected return over the last 90 days | |
| Rani Therapeutics has high historical volatility and very poor performance | |
| Rani Therapeutics may become a speculative penny stock | |
| Rani Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (33.97 M) with profit before overhead, payroll, taxes, and interest of 2.72 M. | |
| Rani Therapeutics Holdings currently holds about 98.17 M in cash with (51.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Rani Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: RANI Third Quarter Update |
Rani Therapeutics 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 Rani Stock often depends not only on the future outlook of the current and potential Rani Therapeutics' 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. Rani Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.5 M | |
| Cash And Short Term Investments | 48.5 M |
Rani Therapeutics Technical Analysis
Rani Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Rani Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rani Therapeutics Holdings. In general, you should focus on analyzing Rani Stock price patterns and their correlations with different microeconomic environments and drivers.
Rani Therapeutics Predictive Forecast Models
Rani Therapeutics' time-series forecasting models is one of many Rani Therapeutics' 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 Rani Therapeutics' 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 Rani Therapeutics
Checking the ongoing alerts about Rani Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rani Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rani Therapeutics generated a negative expected return over the last 90 days | |
| Rani Therapeutics has high historical volatility and very poor performance | |
| Rani Therapeutics may become a speculative penny stock | |
| Rani Therapeutics has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (33.97 M) with profit before overhead, payroll, taxes, and interest of 2.72 M. | |
| Rani Therapeutics Holdings currently holds about 98.17 M in cash with (51.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Rani Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: RANI Third Quarter Update |
Check out Rani Therapeutics Backtesting, Rani Therapeutics Valuation, Rani Therapeutics Correlation, Rani Therapeutics Hype Analysis, Rani Therapeutics Volatility, Rani Therapeutics History as well as Rani Therapeutics Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Rani Therapeutics. If investors know Rani 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 Rani Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Quarterly Revenue Growth (1.00) | Return On Assets (0.57) | Return On Equity (2.25) |
The market value of Rani Therapeutics is measured differently than its book value, which is the value of Rani that is recorded on the company's balance sheet. Investors also form their own opinion of Rani Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Rani Therapeutics' 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 Rani Therapeutics' market value can be influenced by many factors that don't directly affect Rani Therapeutics' 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 Rani Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rani Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rani Therapeutics' 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.