Sana Biotechnology Stock Probability of Future Stock Price Finishing Under 0.12
| SANA Stock | USD 2.48 0.13 4.98% |
Sana |
Sana Biotechnology Target Price Odds to finish below 0.12
The tendency of Sana 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 $ 0.12 or more in 90 days |
| 2.48 | 90 days | 0.12 | near 1 |
Based on a normal probability distribution, the odds of Sana Biotechnology to drop to $ 0.12 or more in 90 days from now is near 1 (This Sana Biotechnology probability density function shows the probability of Sana Stock to fall within a particular range of prices over 90 days) . Probability of Sana Biotechnology price to stay between $ 0.12 and its current price of $2.48 at the end of the 90-day period is nearly 4.64 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.74 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sana Biotechnology will likely underperform. Additionally Sana Biotechnology 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. Sana Biotechnology Price Density |
| Price |
Predictive Modules for Sana Biotechnology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sana Biotechnology. 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.Sana Biotechnology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sana Biotechnology is not an exception. The market had few large corrections towards the Sana Biotechnology'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 Sana Biotechnology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sana Biotechnology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.3 | |
β | Beta against Dow Jones | 1.74 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.27 |
Sana Biotechnology 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 Sana Biotechnology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sana Biotechnology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sana Biotechnology generated a negative expected return over the last 90 days | |
| Sana Biotechnology has high historical volatility and very poor performance | |
| Sana Biotechnology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (283.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sana Biotechnology currently holds about 484.8 M in cash with (253.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sana Biotechnology has a frail financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Williams Douglas E of 67083 shares of Sana Biotechnology subject to Rule 16b-3 |
Sana Biotechnology 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 Sana Stock often depends not only on the future outlook of the current and potential Sana Biotechnology'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. Sana Biotechnology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 194.5 M | |
| Cash And Short Term Investments | 205.2 M |
Sana Biotechnology Technical Analysis
Sana Biotechnology's future price can be derived by breaking down and analyzing its technical indicators over time. Sana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sana Biotechnology. In general, you should focus on analyzing Sana Stock price patterns and their correlations with different microeconomic environments and drivers.
Sana Biotechnology Predictive Forecast Models
Sana Biotechnology's time-series forecasting models is one of many Sana Biotechnology'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 Sana Biotechnology'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 Sana Biotechnology
Checking the ongoing alerts about Sana Biotechnology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sana Biotechnology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sana Biotechnology generated a negative expected return over the last 90 days | |
| Sana Biotechnology has high historical volatility and very poor performance | |
| Sana Biotechnology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (283.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sana Biotechnology currently holds about 484.8 M in cash with (253.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sana Biotechnology has a frail financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Williams Douglas E of 67083 shares of Sana Biotechnology subject to Rule 16b-3 |
Check out Sana Biotechnology Backtesting, Sana Biotechnology Valuation, Sana Biotechnology Correlation, Sana Biotechnology Hype Analysis, Sana Biotechnology Volatility, Sana Biotechnology History as well as Sana Biotechnology Performance. For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Sana Biotechnology. If investors know Sana 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 Sana Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Return On Assets (0.31) | Return On Equity (0.93) |
The market value of Sana Biotechnology is measured differently than its book value, which is the value of Sana that is recorded on the company's balance sheet. Investors also form their own opinion of Sana Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Sana Biotechnology'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 Sana Biotechnology's market value can be influenced by many factors that don't directly affect Sana Biotechnology'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 Sana Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sana Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sana Biotechnology'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.