Compugen (Israel) Odds of Future Stock Price Finishing Under 1080.9
| CGEN Stock | ILA 755.00 20.00 2.72% |
Compugen |
Compugen Target Price Odds to finish below 1080.9
The tendency of Compugen 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 1,081 after 90 days |
| 755.00 | 90 days | 1,081 | about 98.0 |
Based on a normal probability distribution, the odds of Compugen to stay under 1,081 after 90 days from now is about 98.0 (This Compugen probability density function shows the probability of Compugen Stock to fall within a particular range of prices over 90 days) . Probability of Compugen price to stay between its current price of 755.00 and 1,081 at the end of the 90-day period is about 72.72 .
Assuming the 90 days trading horizon Compugen has a beta of 0.13 suggesting as returns on the market go up, Compugen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Compugen will be expected to be much smaller as well. Additionally Compugen has an alpha of 0.4343, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Compugen Price Density |
| Price |
Predictive Modules for Compugen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compugen. 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 Compugen'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.
Compugen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compugen is not an exception. The market had few large corrections towards the Compugen'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 Compugen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compugen within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.43 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 117.27 | |
Ir | Information ratio | 0.06 |
Compugen 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 Compugen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compugen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compugen generated a negative expected return over the last 90 days | |
| Compugen has high historical volatility and very poor performance | |
| The company reported the revenue of 6 M. Net Loss for the year was (34.2 M) with profit before overhead, payroll, taxes, and interest of 5.32 M. | |
| Compugen has accumulated about 110.41 M in cash with (22.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. |
Compugen 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 Compugen Stock often depends not only on the future outlook of the current and potential Compugen'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. Compugen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.4 M |
Compugen Technical Analysis
Compugen's future price can be derived by breaking down and analyzing its technical indicators over time. Compugen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compugen. In general, you should focus on analyzing Compugen Stock price patterns and their correlations with different microeconomic environments and drivers.
Compugen Predictive Forecast Models
Compugen's time-series forecasting models is one of many Compugen'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 Compugen'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 Compugen
Checking the ongoing alerts about Compugen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compugen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compugen generated a negative expected return over the last 90 days | |
| Compugen has high historical volatility and very poor performance | |
| The company reported the revenue of 6 M. Net Loss for the year was (34.2 M) with profit before overhead, payroll, taxes, and interest of 5.32 M. | |
| Compugen has accumulated about 110.41 M in cash with (22.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. |
Check out Compugen Backtesting, Compugen Valuation, Compugen Correlation, Compugen Hype Analysis, Compugen Volatility, Compugen History as well as Compugen Performance. For information on how to trade Compugen Stock refer to our How to Trade Compugen Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Compugen Stock analysis
When running Compugen's price analysis, check to measure Compugen'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 Compugen is operating at the current time. Most of Compugen's value examination focuses on studying past and present price action to predict the probability of Compugen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compugen's price. Additionally, you may evaluate how the addition of Compugen to your portfolios can decrease your overall portfolio volatility.
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