Sol Gel Technologies Stock Odds of Future Stock Price Finishing Over 1.84
| SLGL Stock | USD 0.97 0.01 0.94% |
Sol |
Sol Gel Target Price Odds to finish over 1.84
The tendency of Sol 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 over $ 1.84 or more in 90 days |
| 0.97 | 90 days | 1.84 | near 1 |
Based on a normal probability distribution, the odds of Sol Gel to move over $ 1.84 or more in 90 days from now is near 1 (This Sol Gel Technologies probability density function shows the probability of Sol Stock to fall within a particular range of prices over 90 days) . Probability of Sol Gel Technologies price to stay between its current price of $ 0.97 and $ 1.84 at the end of the 90-day period is about 1.04 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.96 . 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, Sol Gel will likely underperform. In addition to that Sol Gel Technologies has an alpha of 2.8761, implying that it can generate a 2.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sol Gel Price Density |
| Price |
Predictive Modules for Sol Gel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sol Gel Technologies. 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.Sol Gel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sol Gel is not an exception. The market had few large corrections towards the Sol Gel'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 Sol Gel Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sol Gel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.88 | |
β | Beta against Dow Jones | 1.96 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.08 |
Sol Gel 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 Sol Gel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sol Gel Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sol Gel Technologies is way too risky over 90 days horizon | |
| Sol Gel Technologies has some characteristics of a very speculative penny stock | |
| Sol Gel Technologies appears to be risky and price may revert if volatility continues | |
| Sol Gel Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.55 M. Net Loss for the year was (27.24 M) with loss before overhead, payroll, taxes, and interest of (8.8 M). | |
| Sol Gel Technologies currently holds about 36.61 M in cash with (17.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sol Gel Technologies has a frail financial position based on the latest SEC disclosures | |
| Roughly 65.0% of the company outstanding shares are owned by corporate insiders |
Sol Gel 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 Sol Stock often depends not only on the future outlook of the current and potential Sol Gel'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. Sol Gel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.1 M | |
| Cash And Short Term Investments | 38 M |
Sol Gel Technical Analysis
Sol Gel's future price can be derived by breaking down and analyzing its technical indicators over time. Sol Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sol Gel Technologies. In general, you should focus on analyzing Sol Stock price patterns and their correlations with different microeconomic environments and drivers.
Sol Gel Predictive Forecast Models
Sol Gel's time-series forecasting models is one of many Sol Gel'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 Sol Gel'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 Sol Gel Technologies
Checking the ongoing alerts about Sol Gel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sol Gel Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sol Gel Technologies is way too risky over 90 days horizon | |
| Sol Gel Technologies has some characteristics of a very speculative penny stock | |
| Sol Gel Technologies appears to be risky and price may revert if volatility continues | |
| Sol Gel Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.55 M. Net Loss for the year was (27.24 M) with loss before overhead, payroll, taxes, and interest of (8.8 M). | |
| Sol Gel Technologies currently holds about 36.61 M in cash with (17.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sol Gel Technologies has a frail financial position based on the latest SEC disclosures | |
| Roughly 65.0% of the company outstanding shares are owned by corporate insiders |
Check out Sol Gel Backtesting, Sol Gel Valuation, Sol Gel Correlation, Sol Gel Hype Analysis, Sol Gel Volatility, Sol Gel History as well as Sol Gel Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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 Sol Gel. If investors know Sol 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 Sol Gel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 0.235 | Quarterly Revenue Growth 8.146 | Return On Assets (0.22) | Return On Equity (0.36) |
The market value of Sol Gel Technologies is measured differently than its book value, which is the value of Sol that is recorded on the company's balance sheet. Investors also form their own opinion of Sol Gel's value that differs from its market value or its book value, called intrinsic value, which is Sol Gel'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 Sol Gel's market value can be influenced by many factors that don't directly affect Sol Gel'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 Sol Gel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sol Gel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sol Gel'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.