Nucana Plc Stock Price Prediction
| NCNA Stock | USD 3.03 0.03 0.98% |
Oversold Vs Overbought
37
Oversold | Overbought |
EPS Estimate Next Quarter (3.63) | EPS Estimate Current Year (8.83) | EPS Estimate Next Year (8.37) | Wall Street Target Price 124.56 | EPS Estimate Current Quarter (3.49) |
Using NuCana PLC hype-based prediction, you can estimate the value of NuCana PLC from the perspective of NuCana PLC 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 NuCana PLC to buy its stock at a price that has no basis in reality. In that case, they are not buying NuCana 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.
NuCana PLC after-hype prediction price | USD 2.77 |
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.
NuCana |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NuCana PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NuCana PLC After-Hype Price Prediction Density Analysis
As far as predicting the price of NuCana PLC 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 NuCana PLC 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 NuCana PLC, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NuCana PLC Estimiated After-Hype Price Volatility
In the context of predicting NuCana PLC's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NuCana PLC's historical news coverage. NuCana PLC's after-hype downside and upside margins for the prediction period are 0.14 and 8.11, respectively. We have considered NuCana PLC'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
NuCana PLC is very risky at this time. Analysis and calculation of next after-hype price of NuCana PLC is based on 3 months time horizon.
NuCana PLC Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NuCana PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NuCana PLC 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 NuCana PLC, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.60 | 5.34 | 0.26 | 0.55 | 8 Events / Month | 2 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.03 | 2.77 | 8.58 |
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NuCana PLC Hype Timeline
NuCana PLC is now traded for 3.03. The entity has historical hype elasticity of -0.26, and average elasticity to hype of competition of 0.55. NuCana is estimated to decline in value after the next headline, with the price expected to drop to 2.77. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -8.58%, whereas the daily expected return is now at -1.6%. The volatility of related hype on NuCana PLC is about 1540.38%, with the expected price after the next announcement by competition of 3.58. About 16.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NuCana PLC recorded a loss per share of 16.22. The entity had not issued any dividends in recent years. The firm had 1:25 split on the 16th of April 2024. Given the investment horizon of 90 days the next estimated press release will be in about 8 days. Check out NuCana PLC Basic Forecasting Models to cross-verify your projections.NuCana PLC Related Hype Analysis
Having access to credible news sources related to NuCana PLC's direct competition is more important than ever and may enhance your ability to predict NuCana PLC's future price movements. Getting to know how NuCana PLC'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 NuCana PLC may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ELYM | Eliem Therapeutics | 0.08 | 8 per month | 3.70 | 0.20 | 20.98 | (7.38) | 86.31 | |
| GLUE | Monte Rosa Therapeutics | (0.03) | 10 per month | 0.00 | (0.08) | 7.66 | (8.78) | 31.83 | |
| EWTX | Edgewise Therapeutics | 0.99 | 7 per month | 3.79 | 0.02 | 5.22 | (5.89) | 17.83 |
NuCana PLC Additional Predictive Modules
Most predictive techniques to examine NuCana price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NuCana using various technical indicators. When you analyze NuCana 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.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About NuCana PLC Predictive Indicators
The successful prediction of NuCana PLC 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 NuCana PLC, 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 NuCana PLC based on analysis of NuCana PLC hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NuCana PLC's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NuCana PLC's related companies. | 2023 | 2024 (projected) | Days Sales Outstanding | 8.4K | 7.5K | PTB Ratio | 0.88 | 0.84 |
Story Coverage note for NuCana PLC
The number of cover stories for NuCana PLC depends on current market conditions and NuCana PLC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NuCana PLC 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 NuCana PLC's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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NuCana PLC Short Properties
NuCana PLC's future price predictability will typically decrease when NuCana PLC's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NuCana PLC often depends not only on the future outlook of the potential NuCana PLC'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. NuCana PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 M | |
| Cash And Short Term Investments | 17.2 M |
Complementary Tools for NuCana Stock analysis
When running NuCana PLC's price analysis, check to measure NuCana PLC'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 NuCana PLC is operating at the current time. Most of NuCana PLC's value examination focuses on studying past and present price action to predict the probability of NuCana PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuCana PLC's price. Additionally, you may evaluate how the addition of NuCana PLC to your portfolios can decrease your overall portfolio volatility.
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