Velan Inc Stock Chance of Future Stock Price Finishing Under 13.52
| VLN Stock | CAD 5.82 0.18 3.19% |
Velan |
Velan Target Price Odds to finish below 13.52
The tendency of Velan 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 C$ 13.52 after 90 days |
| 5.82 | 90 days | 13.52 | close to 99 |
Based on a normal probability distribution, the odds of Velan to stay under C$ 13.52 after 90 days from now is close to 99 (This Velan Inc probability density function shows the probability of Velan Stock to fall within a particular range of prices over 90 days) . Probability of Velan Inc price to stay between its current price of C$ 5.82 and C$ 13.52 at the end of the 90-day period is about 14.63 .
Assuming the 90 days trading horizon Velan has a beta of 0.58. This entails as returns on the market go up, Velan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Velan Inc will be expected to be much smaller as well. Additionally Velan Inc has an alpha of 0.0765, implying that it can generate a 0.0765 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Velan Price Density |
| Price |
Predictive Modules for Velan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Velan Inc. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Velan'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.
Velan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Velan is not an exception. The market had few large corrections towards the Velan'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 Velan Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Velan within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 0.58 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | 0.02 |
Velan 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 Velan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Velan Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 370.43 M. Net Loss for the year was (55.46 M) with profit before overhead, payroll, taxes, and interest of 133.83 M. | |
| About 29.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Closing Bell Velan Inc Sv down on Friday - The Globe and Mail |
Velan 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 Velan Stock often depends not only on the future outlook of the current and potential Velan'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. Velan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.6 M | |
| Cash And Short Term Investments | 50.5 M |
Velan Technical Analysis
Velan's future price can be derived by breaking down and analyzing its technical indicators over time. Velan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Velan Inc. In general, you should focus on analyzing Velan Stock price patterns and their correlations with different microeconomic environments and drivers.
Velan Predictive Forecast Models
Velan's time-series forecasting models is one of many Velan'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 Velan'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 Velan Inc
Checking the ongoing alerts about Velan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Velan Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 370.43 M. Net Loss for the year was (55.46 M) with profit before overhead, payroll, taxes, and interest of 133.83 M. | |
| About 29.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Closing Bell Velan Inc Sv down on Friday - The Globe and Mail |
Check out Velan Backtesting, Velan Valuation, Velan Correlation, Velan Hype Analysis, Velan Volatility, Velan History as well as Velan Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Velan Stock analysis
When running Velan's price analysis, check to measure Velan'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 Velan is operating at the current time. Most of Velan's value examination focuses on studying past and present price action to predict the probability of Velan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Velan's price. Additionally, you may evaluate how the addition of Velan to your portfolios can decrease your overall portfolio volatility.
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