Sana Biotechnology Stock Forecast - 20 Period Moving Average

SANA Stock  USD 10.00  0.54  5.71%   
The 20 Period Moving Average forecasted value of Sana Biotechnology on the next trading day is expected to be 9.46 with a mean absolute deviation of  1.08  and the sum of the absolute errors of 45.23. Sana Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sana Biotechnology stock prices and determine the direction of Sana Biotechnology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sana Biotechnology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sana Biotechnology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sana Biotechnology's systematic risk associated with finding meaningful patterns of Sana Biotechnology fundamentals over time.
Check out Historical Fundamental Analysis of Sana Biotechnology to cross-verify your projections.
For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.
  
As of March 28, 2024, Payables Turnover is expected to decline to 5.96. As of March 28, 2024, Common Stock Shares Outstanding is expected to decline to about 188.9 M. In addition to that, Net Loss is expected to decline to about (254.7 M).
Most investors in Sana Biotechnology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Sana Biotechnology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sana Biotechnology's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Sana Biotechnology is based on a synthetically constructed Sana Biotechnologydaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Sana Biotechnology 20 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of Sana Biotechnology on the next trading day is expected to be 9.46 with a mean absolute deviation of 1.08, mean absolute percentage error of 2.14, and the sum of the absolute errors of 45.23.
Please note that although there have been many attempts to predict Sana Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Sana Biotechnology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sana Biotechnology Stock Forecast Pattern

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Sana Biotechnology Forecasted Value

In the context of forecasting Sana Biotechnology's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Sana Biotechnology's downside and upside margins for the forecasting period are 1.59 and 17.34, respectively. We have considered Sana Biotechnology's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
10.00
9.46
Expected Value
17.34
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sana Biotechnology stock data series using in forecasting. Note that when a statistical model is used to represent Sana Biotechnology stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria83.9534
BiasArithmetic mean of the errors -0.9297
MADMean absolute deviation1.077
MAPEMean absolute percentage error0.1211
SAESum of the absolute errors45.233
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Sana Biotechnology 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Sana Biotechnology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sana Biotechnology. 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 Sana Biotechnology'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.
Hype
Prediction
LowEstimatedHigh
4.2212.0919.96
Details
Intrinsic
Valuation
LowRealHigh
1.819.6817.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
8.779.5210.26
Details
7 Analysts
Consensus
LowTargetHigh
9.1010.0011.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sana Biotechnology. Your research has to be compared to or analyzed against Sana Biotechnology's peers to derive any actionable benefits. When done correctly, Sana Biotechnology'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 Sana Biotechnology.

Other Forecasting Options for Sana Biotechnology

For every potential investor in Sana, whether a beginner or expert, Sana Biotechnology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sana. Basic forecasting techniques help filter out the noise by identifying Sana Biotechnology's price trends.

Sana Biotechnology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sana Biotechnology stock to make a market-neutral strategy. Peer analysis of Sana Biotechnology could also be used in its relative valuation, which is a method of valuing Sana Biotechnology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sana Biotechnology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sana Biotechnology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sana Biotechnology's current price.

Sana Biotechnology Market Strength Events

Market strength indicators help investors to evaluate how Sana Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sana Biotechnology shares will generate the highest return on investment. By undertsting and applying Sana Biotechnology stock market strength indicators, traders can identify Sana Biotechnology entry and exit signals to maximize returns.

Sana Biotechnology Risk Indicators

The analysis of Sana Biotechnology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sana Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sana stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Sana Biotechnology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sana Biotechnology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sana Biotechnology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sana Biotechnology Stock:
Check out Historical Fundamental Analysis of Sana Biotechnology to cross-verify your projections.
For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Sana Biotechnology's price analysis, check to measure Sana Biotechnology'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 Sana Biotechnology is operating at the current time. Most of Sana Biotechnology's value examination focuses on studying past and present price action to predict the probability of Sana Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sana Biotechnology's price. Additionally, you may evaluate how the addition of Sana Biotechnology to your portfolios can decrease your overall portfolio volatility.
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Is Sana Biotechnology's industry 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 Sana Biotechnology. If investors know Sana 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 Sana Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.46)
Return On Assets
(0.29)
Return On Equity
(0.72)
The market value of Sana Biotechnology is measured differently than its book value, which is the value of Sana that is recorded on the company's balance sheet. Investors also form their own opinion of Sana Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Sana Biotechnology'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 Sana Biotechnology's market value can be influenced by many factors that don't directly affect Sana Biotechnology'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 Sana Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sana Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sana Biotechnology'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.