Inhibrx Stock Price Prediction

INBX Stock  USD 14.86  0.78  5.54%   
At this time, The RSI of Inhibrx's share price is at 53. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Inhibrx, making its price go up or down.

Oversold Vs Overbought

53

 
Oversold
 
Overbought
The successful prediction of Inhibrx's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Inhibrx, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Inhibrx's stock price prediction:
EPS Estimate Next Quarter
(3.45)
EPS Estimate Current Year
102.04
EPS Estimate Next Year
(11.03)
Wall Street Target Price
15
EPS Estimate Current Quarter
(3.38)
Using Inhibrx hype-based prediction, you can estimate the value of Inhibrx from the perspective of Inhibrx response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Inhibrx to buy its stock at a price that has no basis in reality. In that case, they are not buying Inhibrx because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Inhibrx after-hype prediction price

    
  USD 14.9  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Inhibrx Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Inhibrx Stock please use our How to Invest in Inhibrx guide.
Intrinsic
Valuation
LowRealHigh
13.3722.3125.45
Details
Naive
Forecast
LowNextHigh
10.6313.7716.91
Details
0 Analysts
Consensus
LowTargetHigh
42.5446.7551.89
Details
Earnings
Estimates (0)
LowProjected EPSHigh
21.8825.5129.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Inhibrx. Your research has to be compared to or analyzed against Inhibrx's peers to derive any actionable benefits. When done correctly, Inhibrx's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Inhibrx.

Inhibrx After-Hype Price Prediction Density Analysis

As far as predicting the price of Inhibrx at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Inhibrx or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Inhibrx, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Inhibrx Estimiated After-Hype Price Volatility

In the context of predicting Inhibrx's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Inhibrx's historical news coverage. Inhibrx's after-hype downside and upside margins for the prediction period are 11.76 and 18.04, respectively. We have considered Inhibrx's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
14.86
14.90
After-hype Price
18.04
Upside
Inhibrx is not too volatile at this time. Analysis and calculation of next after-hype price of Inhibrx is based on 3 months time horizon.

Inhibrx Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Inhibrx is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inhibrx backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Inhibrx, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
3.23
  0.15 
  0.02 
6 Events / Month
14 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.86
14.90
0.27 
323.00  
Notes

Inhibrx Hype Timeline

Inhibrx is currently traded for 14.86. The entity has historical hype elasticity of 0.15, and average elasticity to hype of competition of -0.02. Inhibrx is forecasted to increase in value after the next headline, with the price projected to jump to 14.9 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.27%, whereas the daily expected return is currently at 0.15%. The volatility of related hype on Inhibrx is about 2266.67%, with the expected price after the next announcement by competition of 14.84. The company reported the previous year's revenue of 1.8 M. Net Loss for the year was (241.36 M) with loss before overhead, payroll, taxes, and interest of (107.99 M). Given the investment horizon of 90 days the next forecasted press release will be in about 6 days.
Check out Inhibrx Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Inhibrx Stock please use our How to Invest in Inhibrx guide.

Inhibrx Related Hype Analysis

Having access to credible news sources related to Inhibrx's direct competition is more important than ever and may enhance your ability to predict Inhibrx's future price movements. Getting to know how Inhibrx's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Inhibrx may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CRNXCrinetics Pharmaceuticals 1.32 9 per month 2.43 (0.01) 3.67 (3.45) 16.75 
MRUSMerus BV(1.93)8 per month 0.00 (0.17) 3.08 (2.83) 10.85 
LYELLyell Immunopharma(0.07)6 per month 0.00 (0.07) 13.39 (9.47) 36.92 
KRONKronos Bio 0.01 9 per month 0.00 (0.06) 5.56 (6.25) 16.20 
OPTOpthea 0.11 11 per month 3.89  0.02  8.65 (7.49) 24.20 
MLYSMineralys Therapeutics, Common 0.14 8 per month 3.37  0.03  6.27 (5.79) 20.98 
ELYMEliem Therapeutics 0.25 4 per month 0.00 (0.20) 6.21 (9.35) 34.87 
ANEBAnebulo Pharmaceuticals 0.03 5 per month 0.00 (0.02) 8.85 (11.48) 76.00 
MACKMerrimack Pharmaceuticals 0.00 0 per month 0.00 (0.16) 1.89 (1.74) 7.02 
CELCCelcuity LLC(0.36)7 per month 0.00 (0.16) 4.02 (5.73) 16.97 
ELVNEnliven Therapeutics(0.55)9 per month 2.04  0  5.84 (4.07) 12.96 
GLUEMonte Rosa Therapeutics(0.25)9 per month 3.86  0.08  10.11 (8.18) 102.66 
DSGNDesign Therapeutics(0.24)5 per month 5.31  0.04  9.61 (8.21) 35.31 
HOWLWerewolf Therapeutics(0.02)6 per month 4.85 (0.01) 9.21 (8.75) 49.02 
IKNAIkena Oncology(0.05)4 per month 1.39 (0.07) 1.81 (1.74) 13.50 
STOKStoke Therapeutics(0.04)10 per month 0.00 (0.09) 4.68 (6.99) 21.35 
PTGXProtagonist Therapeutics(1.25)8 per month 2.23  0.03  3.70 (3.74) 14.61 
DICEDice Molecules Holdings 0.02 7 per month 1.14  0.10  5.66 (2.91) 37.64 
LRMRLarimar Therapeutics(0.49)9 per month 0.00 (0.06) 10.87 (9.55) 26.71 
VRDNViridian Therapeutics 0.52 11 per month 3.48  0.08  6.84 (5.29) 44.89 

Inhibrx Additional Predictive Modules

Most predictive techniques to examine Inhibrx price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inhibrx using various technical indicators. When you analyze Inhibrx charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Inhibrx Predictive Indicators

The successful prediction of Inhibrx stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Inhibrx, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Inhibrx based on analysis of Inhibrx hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Inhibrx's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Inhibrx's related companies.
 2023 2024 (projected)
Dividend Yield0.0017050.002089
Price To Sales Ratio994.971.0K

Story Coverage note for Inhibrx

The number of cover stories for Inhibrx depends on current market conditions and Inhibrx's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Inhibrx is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Inhibrx's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Inhibrx Short Properties

Inhibrx's future price predictability will typically decrease when Inhibrx's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Inhibrx often depends not only on the future outlook of the potential Inhibrx'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. Inhibrx's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding47.1 M
Cash And Short Term Investments277.9 M

Additional Tools for Inhibrx Stock Analysis

When running Inhibrx's price analysis, check to measure Inhibrx'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 Inhibrx is operating at the current time. Most of Inhibrx's value examination focuses on studying past and present price action to predict the probability of Inhibrx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibrx's price. Additionally, you may evaluate how the addition of Inhibrx to your portfolios can decrease your overall portfolio volatility.