Relmada Therapeutics Stock Probability of Future Stock Price Finishing Over 3.02
| RLMD Stock | USD 3.02 0.12 4.14% |
Closest to current price Relmada long CALL Option Payoff at Expiration
Relmada |
Relmada Therapeutics Target Price Odds to finish over 3.02
The tendency of Relmada 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 above the current price in 90 days |
| 3.02 | 90 days | 3.02 | about 72.78 |
Based on a normal probability distribution, the odds of Relmada Therapeutics to move above the current price in 90 days from now is about 72.78 (This Relmada Therapeutics probability density function shows the probability of Relmada Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Relmada Therapeutics has a beta of 0.97 indicating Relmada Therapeutics market returns are highly-sensitive to returns on the market. As the market goes up or down, Relmada Therapeutics is expected to follow. Additionally Relmada Therapeutics has an alpha of 0.1762, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Relmada Therapeutics Price Density |
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Predictive Modules for Relmada 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 Relmada 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.Relmada Therapeutics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Relmada Therapeutics is not an exception. The market had few large corrections towards the Relmada 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 Relmada Therapeutics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Relmada Therapeutics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | 0.04 |
Relmada 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 Relmada Therapeutics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Relmada 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.| Relmada Therapeutics had very high historical volatility over the last 90 days | |
| Relmada Therapeutics has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (98.79 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Relmada Therapeutics currently holds about 211.96 M in cash with (51.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Relmada Therapeutics has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Relmada Therapeutics to Present at Jefferies London Healthcare Conference |
Relmada 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 Relmada Stock often depends not only on the future outlook of the current and potential Relmada 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. Relmada Therapeutics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.1 M | |
| Cash And Short Term Investments | 96.3 M |
Relmada Therapeutics Technical Analysis
Relmada Therapeutics' future price can be derived by breaking down and analyzing its technical indicators over time. Relmada Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Relmada Therapeutics. In general, you should focus on analyzing Relmada Stock price patterns and their correlations with different microeconomic environments and drivers.
Relmada Therapeutics Predictive Forecast Models
Relmada Therapeutics' time-series forecasting models is one of many Relmada 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 Relmada 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 Relmada Therapeutics
Checking the ongoing alerts about Relmada Therapeutics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Relmada Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Relmada Therapeutics had very high historical volatility over the last 90 days | |
| Relmada Therapeutics has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (98.79 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Relmada Therapeutics currently holds about 211.96 M in cash with (51.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Relmada Therapeutics has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Relmada Therapeutics to Present at Jefferies London Healthcare Conference |
Check out Relmada Therapeutics Backtesting, Relmada Therapeutics Valuation, Relmada Therapeutics Correlation, Relmada Therapeutics Hype Analysis, Relmada Therapeutics Volatility, Relmada Therapeutics History as well as Relmada Therapeutics Performance. For information on how to trade Relmada Stock refer to our How to Trade Relmada Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Pharmaceuticals 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 Relmada Therapeutics. If investors know Relmada 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 Relmada 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 (2.86) | Return On Assets (0.59) | Return On Equity (1.00) |
The market value of Relmada Therapeutics is measured differently than its book value, which is the value of Relmada that is recorded on the company's balance sheet. Investors also form their own opinion of Relmada Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Relmada 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 Relmada Therapeutics' market value can be influenced by many factors that don't directly affect Relmada 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 Relmada Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Relmada Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Relmada 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.