Xoma Corp Stock Probability of Future Stock Price Finishing Under 31.16
| XOMA Stock | USD 30.20 0.13 0.43% |
XOMA |
XOMA Corp Target Price Odds to finish below 31.16
The tendency of XOMA 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 $ 31.16 after 90 days |
| 30.20 | 90 days | 31.16 | more than 94.0 |
Based on a normal probability distribution, the odds of XOMA Corp to stay under $ 31.16 after 90 days from now is more than 94.0 (This XOMA Corp probability density function shows the probability of XOMA Stock to fall within a particular range of prices over 90 days) . Probability of XOMA Corp price to stay between its current price of $ 30.20 and $ 31.16 at the end of the 90-day period is about 11.86 .
Given the investment horizon of 90 days XOMA Corp has a beta of 0.92. This entails XOMA Corp market returns are sensitive to returns on the market. As the market goes up or down, XOMA Corp is expected to follow. Additionally XOMA Corp has an alpha of 6.0E-4, implying that it can generate a 6.03E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). XOMA Corp Price Density |
| Price |
Predictive Modules for XOMA Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XOMA Corp. 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.XOMA Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XOMA Corp is not an exception. The market had few large corrections towards the XOMA Corp'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 XOMA Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XOMA Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.0006 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | -0.0035 |
XOMA Corp 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 XOMA Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XOMA Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XOMA Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.76 M. Net Loss for the year was (40.83 M) with profit before overhead, payroll, taxes, and interest of 5.87 M. | |
| XOMA Corp currently holds about 83.7 M in cash with (18.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.31. | |
| XOMA Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Twist Bioscience Corporation Among the Best Genomics Stocks to Buy Right Now |
XOMA Corp 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 XOMA Stock often depends not only on the future outlook of the current and potential XOMA Corp'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. XOMA Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.5 M | |
| Cash And Short Term Investments | 153.5 M |
XOMA Corp Technical Analysis
XOMA Corp's future price can be derived by breaking down and analyzing its technical indicators over time. XOMA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XOMA Corp. In general, you should focus on analyzing XOMA Stock price patterns and their correlations with different microeconomic environments and drivers.
XOMA Corp Predictive Forecast Models
XOMA Corp's time-series forecasting models is one of many XOMA Corp'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 XOMA Corp'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 XOMA Corp
Checking the ongoing alerts about XOMA Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XOMA Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XOMA Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.76 M. Net Loss for the year was (40.83 M) with profit before overhead, payroll, taxes, and interest of 5.87 M. | |
| XOMA Corp currently holds about 83.7 M in cash with (18.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.31. | |
| XOMA Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Twist Bioscience Corporation Among the Best Genomics Stocks to Buy Right Now |
Check out XOMA Corp Backtesting, XOMA Corp Valuation, XOMA Corp Correlation, XOMA Corp Hype Analysis, XOMA Corp Volatility, XOMA Corp History as well as XOMA Corp Performance. For information on how to trade XOMA Stock refer to our How to Trade XOMA Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 XOMA Corp. If investors know XOMA 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 XOMA Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.37 | Earnings Share (3.07) | Revenue Per Share 1.862 | Quarterly Revenue Growth 7.671 | Return On Assets (0.06) |
The market value of XOMA Corp is measured differently than its book value, which is the value of XOMA that is recorded on the company's balance sheet. Investors also form their own opinion of XOMA Corp's value that differs from its market value or its book value, called intrinsic value, which is XOMA Corp'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 XOMA Corp's market value can be influenced by many factors that don't directly affect XOMA Corp'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 XOMA Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if XOMA Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XOMA Corp'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.