Sellas Life Sciences Stock Probability of Future Stock Price Finishing Under 1.29
| SLS Stock | USD 1.17 0.05 4.10% |
Sellas |
Sellas Life Target Price Odds to finish below 1.29
The tendency of Sellas 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 stay under $ 1.29 after 90 days |
| 1.17 | 90 days | 1.29 | about 82.18 |
Based on a normal probability distribution, the odds of Sellas Life to stay under $ 1.29 after 90 days from now is about 82.18 (This Sellas Life Sciences probability density function shows the probability of Sellas Stock to fall within a particular range of prices over 90 days) . Probability of Sellas Life Sciences price to stay between its current price of $ 1.17 and $ 1.29 at the end of the 90-day period is about 72.7 .
Considering the 90-day investment horizon Sellas Life has a beta of 0.22. This usually implies as returns on the market go up, Sellas Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sellas Life Sciences will be expected to be much smaller as well. Additionally Sellas Life Sciences 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. Sellas Life Price Density |
| Price |
Predictive Modules for Sellas Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sellas Life Sciences. 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.Sellas Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sellas Life is not an exception. The market had few large corrections towards the Sellas Life'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 Sellas Life Sciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sellas Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.06 |
Sellas Life 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 Sellas Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sellas Life Sciences can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sellas Life Sciences generated a negative expected return over the last 90 days | |
| Sellas Life Sciences may become a speculative penny stock | |
| Sellas Life Sciences has high historical volatility and very poor performance | |
| Reported Net Loss for the year was (37.34 M) with profit before taxes, overhead, and interest of 900 K. | |
| Sellas Life Sciences has about 26.99 M in cash with (31.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from finance.yahoo.com: Sims Lifecycle Services Listed as a Representative Vendor in the 2024 Gartner Market Guide for IT Asset Disposition |
Sellas Life 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 Sellas Stock often depends not only on the future outlook of the current and potential Sellas Life'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. Sellas Life's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.8 M | |
| Cash And Short Term Investments | 2.5 M |
Sellas Life Technical Analysis
Sellas Life's future price can be derived by breaking down and analyzing its technical indicators over time. Sellas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sellas Life Sciences. In general, you should focus on analyzing Sellas Stock price patterns and their correlations with different microeconomic environments and drivers.
Sellas Life Predictive Forecast Models
Sellas Life's time-series forecasting models is one of many Sellas Life'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 Sellas Life'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 Sellas Life Sciences
Checking the ongoing alerts about Sellas Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sellas Life Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sellas Life Sciences generated a negative expected return over the last 90 days | |
| Sellas Life Sciences may become a speculative penny stock | |
| Sellas Life Sciences has high historical volatility and very poor performance | |
| Reported Net Loss for the year was (37.34 M) with profit before taxes, overhead, and interest of 900 K. | |
| Sellas Life Sciences has about 26.99 M in cash with (31.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from finance.yahoo.com: Sims Lifecycle Services Listed as a Representative Vendor in the 2024 Gartner Market Guide for IT Asset Disposition |
Additional Tools for Sellas Stock Analysis
When running Sellas Life's price analysis, check to measure Sellas Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sellas Life is operating at the current time. Most of Sellas Life's value examination focuses on studying past and present price action to predict the probability of Sellas Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sellas Life's price. Additionally, you may evaluate how the addition of Sellas Life to your portfolios can decrease your overall portfolio volatility.