Mannkind Corp Stock Price Prediction

MNKD Stock  USD 6.90  0.02  0.29%   
The RSI of MannKind Corp's the stock price is about 69. This indicates that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling MannKind, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of MannKind Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of MannKind Corp and does not consider all of the tangible or intangible factors available from MannKind Corp's fundamental data. We analyze noise-free headlines and recent hype associated with MannKind Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting MannKind Corp's stock price prediction:
Quarterly Earnings Growth
5.246
EPS Estimate Next Quarter
0.03
EPS Estimate Current Year
0.11
EPS Estimate Next Year
0.165
Wall Street Target Price
9.25
Using MannKind Corp hype-based prediction, you can estimate the value of MannKind Corp from the perspective of MannKind Corp 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 MannKind Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying MannKind 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.

MannKind Corp after-hype prediction price

    
  USD 6.9  
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 MannKind Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
Intrinsic
Valuation
LowRealHigh
3.435.647.85
Details
Naive
Forecast
LowNextHigh
4.206.428.63
Details
4 Analysts
Consensus
LowTargetHigh
6.607.258.05
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.030.030.03
Details

MannKind Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of MannKind Corp 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 MannKind Corp 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 MannKind Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

MannKind Corp Estimiated After-Hype Price Volatility

In the context of predicting MannKind Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MannKind Corp's historical news coverage. MannKind Corp's after-hype downside and upside margins for the prediction period are 4.69 and 9.11, respectively. We have considered MannKind Corp'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
6.90
6.90
After-hype Price
9.11
Upside
MannKind Corp is somewhat reliable at this time. Analysis and calculation of next after-hype price of MannKind Corp is based on 3 months time horizon.

MannKind Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as MannKind Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MannKind Corp 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 MannKind Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.41 
2.21
  0.04 
  0.07 
8 Events / Month
15 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.90
6.90
0.00 
2,210  
Notes

MannKind Corp Hype Timeline

MannKind Corp is now traded for 6.90. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.07. MannKind is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.41%. %. The volatility of related hype on MannKind Corp is about 1366.4%, with the expected price after the next announcement by competition of 6.83. About 57.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 3rd of March 2017. MannKind Corp had 1:5 split on the 3rd of March 2017. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days.
Check out MannKind Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.

MannKind Corp Related Hype Analysis

Having access to credible news sources related to MannKind Corp's direct competition is more important than ever and may enhance your ability to predict MannKind Corp's future price movements. Getting to know how MannKind Corp'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 MannKind Corp 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
BMRNBiomarin Pharmaceutical(0.19)8 per month 0.00 (0.25) 1.42 (3.32) 18.88 
PCVXVaxcyte(10.51)10 per month 2.22  0.03  3.16 (4.09) 42.81 
LQDALiquidia Technologies 0.17 10 per month 2.07 (0.01) 3.53 (3.51) 18.78 
LEGNLegend Biotech Corp 0.27 9 per month 0.00 (0.19) 4.29 (5.82) 17.18 
TECHBio Techne Corp 2.02 8 per month 0.00 (0.05) 4.07 (3.19) 14.31 
UTHRUnited Therapeutics 5.57 12 per month 1.89 (0.02) 2.89 (3.07) 9.81 
LRMRLarimar Therapeutics(0.49)9 per month 0.00 (0.07) 10.87 (9.55) 26.71 
DAWNDay One Biopharmaceuticals 0.23 9 per month 0.00 (0.07) 3.84 (3.69) 11.44 
KNSAKiniksa Pharmaceuticals(0.29)9 per month 0.00 (0.14) 4.20 (3.69) 20.12 
VSTMVerastem(0.50)11 per month 4.69  0.13  11.15 (5.69) 31.27 
IMGNImmunoGen 0.00 0 per month 1.44  0.17  8.32 (4.16) 141.41 
IMMPImmutep Ltd ADR 0.06 4 per month 0.00 (0.13) 5.02 (5.56) 18.55 
ICPTIntercept Pharmaceuticals 0.66 3 per month 0.00 (0.17) 5.23 (8.32) 38.17 
ELEVElevation Oncology 0.01 10 per month 0.00 (0.1) 5.77 (8.22) 22.21 
RLFFDRelief Therapeutics Holding 0.00 0 per month 0.00  0.15  7.77 (11.19) 36,552 
ACERAcer Therapeutics(0.03)1 per month 0.00 (0.07) 8.33 (7.37) 21.89 
NRXPWNRx Pharmaceuticals 0.00 3 per month 15.84  0.03  27.27 (29.69) 100.20 
KTTAPasithea Therapeutics Corp 0.05 5 per month 0.00 (0.03) 8.27 (11.00) 68.44 
SABSSAB Biotherapeutics(0.39)8 per month 6.39  0.05  17.06 (11.25) 45.73 
INKTMink Therapeutics(0.01)6 per month 0.00 (0.16) 4.00 (3.85) 12.30 
AFMDAffimed NV(0.18)10 per month 0.00 (0.21) 6.39 (6.82) 21.26 
ADAPAdaptimmune Therapeutics Plc 0.02 10 per month 0.00 (0.20) 5.56 (6.00) 33.29 
SGMOSangamo Therapeutics(0.19)8 per month 4.50  0.16  24.14 (7.53) 50.57 

MannKind Corp Additional Predictive Modules

Most predictive techniques to examine MannKind price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MannKind using various technical indicators. When you analyze MannKind 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 MannKind Corp Predictive Indicators

The successful prediction of MannKind Corp 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 MannKind Corp, 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 MannKind Corp based on analysis of MannKind Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MannKind Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MannKind Corp's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover5.595.26.557.12
Days Of Inventory On Hand67.18138.21165.98174.28

Story Coverage note for MannKind Corp

The number of cover stories for MannKind Corp depends on current market conditions and MannKind Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MannKind Corp 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 MannKind Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

MannKind Corp Short Properties

MannKind Corp's future price predictability will typically decrease when MannKind Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MannKind Corp often depends not only on the future outlook of the potential MannKind 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. MannKind Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding267 M
Cash And Short Term Investments295.1 M

Complementary Tools for MannKind Stock analysis

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