Can Fite Biopharma Stock Statistic Functions Linear Regression Intercept

CANF Stock  USD 2.20  0.10  4.76%   
Can Fite statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Can Fite. Can Fite value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Can Fite statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Linear Regression Intercept is the expected mean value of Can Fite Biopharma price seriese where values of its benchmark or peer price series are zero.

Can Fite Technical Analysis Modules

Most technical analysis of Can Fite help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Can from various momentum indicators to cycle indicators. When you analyze Can 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 Can Fite Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Can Fite Biopharma. We use our internally-developed statistical techniques to arrive at the intrinsic value of Can Fite Biopharma based on widely used predictive technical indicators. In general, we focus on analyzing Can Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Can Fite's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Can Fite's intrinsic value. In addition to deriving basic predictive indicators for Can Fite, we also check how macroeconomic factors affect Can Fite price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2024 (projected)
Current Ratio7.353.663.69
Net Debt To EBITDA0.330.290.78
Hype
Prediction
LowEstimatedHigh
0.112.216.34
Details
Intrinsic
Valuation
LowRealHigh
1.795.9210.05
Details
Naive
Forecast
LowNextHigh
0.052.616.74
Details
3 Analysts
Consensus
LowTargetHigh
15.7717.3319.24
Details

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When determining whether Can Fite Biopharma is a strong investment it is important to analyze Can Fite's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Can Fite's future performance. For an informed investment choice regarding Can Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Can Fite Biopharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Can Fite. If investors know Can 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 Can Fite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.60)
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.57)
Return On Equity
(1.58)
The market value of Can Fite Biopharma is measured differently than its book value, which is the value of Can that is recorded on the company's balance sheet. Investors also form their own opinion of Can Fite's value that differs from its market value or its book value, called intrinsic value, which is Can Fite'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 Can Fite's market value can be influenced by many factors that don't directly affect Can Fite'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 Can Fite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Can Fite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Can Fite'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.