Precision Stock Market Value

DTIL -  USA Stock  

USD 12.86  0.28  2.23%

Precision Biosciences' market value is the price at which a share of Precision Biosciences stock trades on a public exchange. It measures the collective expectations of Precision Biosciences investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Precision Biosciences and determine expected loss or profit from investing in Precision Biosciences over a given investment horizon. Continue to Precision Biosciences Hype Analysis, Precision Biosciences Correlation, Precision Biosciences Valuation, Precision Biosciences Volatility, as well as analyze Precision Biosciences Alpha and Beta and Precision Biosciences Performance.
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The market value of Precision Biosciences is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Precision Biosciences' 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 Precision Biosciences' market value can be influenced by many factors that don't directly affect Precision Biosciences underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precision Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine Precision Biosciences value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Biosciences' 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.

Precision Biosciences 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Precision Biosciences' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Precision Biosciences.
0.00
12/22/2020
No Change 0.00  0.0 
In 8 months and 28 days
09/18/2021
0.00
If you would invest  0.00  in Precision Biosciences on December 22, 2020 and sell it all today you would earn a total of 0.00 from holding Precision Biosciences or generate 0.0% return on investment in Precision Biosciences over 270 days. Precision Biosciences is related to or competes with Dynavax Technologies. Precision BioSciences, Inc., a genome editing company, develops therapeutic products in the United States

Precision Biosciences Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Precision Biosciences' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Precision Biosciences upside and downside potential and time the market with a certain degree of confidence.

Precision Biosciences Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Precision Biosciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precision Biosciences' standard deviation. In reality, there are many statistical measures that can use Precision Biosciences historical prices to predict the future Precision Biosciences' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Precision Biosciences' 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. Please use the tools below to analyze the current value of Precision Biosciences in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.0612.9316.80
Details
Intrinsic
Valuation
LowReal ValueHigh
12.2716.1420.01
Details
Naive
Forecast
LowNext ValueHigh
8.0411.9215.79
Details
5 Analysts
Consensus
LowTarget PriceHigh
13.0020.0026.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Precision Biosciences. Your research has to be compared to or analyzed against Precision Biosciences' peers to derive any actionable benefits. When done correctly, Precision Biosciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Precision Biosciences.

Precision Biosciences Backtested Returns

Precision Biosciences appears to be not too volatile, given 3 months investment horizon. Precision Biosciences maintains Sharpe Ratio (i.e., Efficiency) of 0.0878, which implies the firm had 0.0878% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Precision Biosciences, which you can use to evaluate the future volatility of the company. Please evaluate Precision Biosciences' Semi Deviation of 3.33, risk adjusted performance of 0.0744, and Coefficient Of Variation of 1044.03 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Precision Biosciences holds a performance score of 6. The company holds a Beta of 1.1165, which implies a somewhat significant risk relative to the market. Let's try to break down what Precision's beta means in this case. Precision Biosciences returns are very sensitive to returns on the market. As the market goes up or down, Precision Biosciences is expected to follow. Although it is vital to follow Precision Biosciences current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Precision Biosciences technical indicators, you can presently evaluate if the expected return of 0.34% will be sustainable into the future. Please employ Precision Biosciences maximum drawdown, and the relationship between the information ratio and expected short fall to make a quick decision on whether Precision Biosciences historical price patterns will revert.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.14   

Insignificant predictability

Precision Biosciences has insignificant predictability. Overlapping area represents the amount of predictability between Precision Biosciences time series from 22nd of December 2020 to 6th of May 2021 and 6th of May 2021 to 18th of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Precision Biosciences price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Precision Biosciences price fluctuation can be explain by its past prices.
Correlation Coefficient0.14
Spearman Rank Test-0.17
Residual Average0.0
Price Variance1.45

Precision Biosciences lagged returns against current returns

Autocorrelation, which is Precision Biosciences stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Precision Biosciences' stock expected returns. We can calculate the autocorrelation of Precision Biosciences returns to help us make a trade decision. For example, suppose you find that Precision Biosciences stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Precision Biosciences regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Precision Biosciences stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Precision Biosciences stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Precision Biosciences stock over time.
 Current vs Lagged Prices 
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      Timeline 

Precision Biosciences Lagged Returns

When evaluating Precision Biosciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Precision Biosciences stock have on its future price. Precision Biosciences autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Precision Biosciences autocorrelation shows the relationship between Precision Biosciences stock current value and its past values and can show if there is a momentum factor associated with investing in Precision Biosciences.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Precision Biosciences without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Precision Biosciences

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precision Biosciences position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precision Biosciences will appreciate offsetting losses from the drop in the long position's value.

Precision Biosciences Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Precision Biosciences and Dynavax Technologies. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Precision Biosciences Hype Analysis, Precision Biosciences Correlation, Precision Biosciences Valuation, Precision Biosciences Volatility, as well as analyze Precision Biosciences Alpha and Beta and Precision Biosciences Performance. Note that the Precision Biosciences information on this page should be used as a complementary analysis to other Precision Biosciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Precision Biosciences price analysis, check to measure Precision Biosciences' 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 Precision Biosciences is operating at the current time. Most of Precision Biosciences' value examination focuses on studying past and present price action to predict the probability of Precision Biosciences' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Precision Biosciences' price. Additionally, you may evaluate how the addition of Precision Biosciences to your portfolios can decrease your overall portfolio volatility.
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Precision Biosciences technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Precision Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Precision Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...