Macrogenics Stock Price Prediction
| MGNX Stock | USD 15.70 0.53 3.27% |
Oversold Vs Overbought
61
Oversold | Overbought |
MacroGenics stock price prediction is an act of determining the future value of MacroGenics shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of MacroGenics' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of MacroGenics and does not consider all of the tangible or intangible factors available from MacroGenics' fundamental data. We analyze noise-free headlines and recent hype associated with MacroGenics, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting MacroGenics' stock price prediction:EPS Estimate Next Quarter (0.49) | EPS Estimate Current Year (2.58) | EPS Estimate Next Year (2.01) | Wall Street Target Price 24.78 | EPS Estimate Current Quarter (0.15) |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of MacroGenics based on different types of headlines from major news networks to social media. The MacroGenics stock price prediction module provides an analysis of price elasticity to changes in media outlook on MacroGenics over a specific investment horizon. Using MacroGenics hype-based prediction, you can estimate the value of MacroGenics from the perspective of MacroGenics response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards MacroGenics using MacroGenics' stock options and short interest. It helps to benchmark the overall future attitude of investors towards MacroGenics using crowd psychology based on the activity and movement of MacroGenics' stock price.
MacroGenics Implied Volatility | 103.32 |
MacroGenics' implied volatility exposes the market's sentiment of MacroGenics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MacroGenics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that MacroGenics stock will not fluctuate a lot when MacroGenics' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in MacroGenics. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in MacroGenics to buy its stock at a price that has no basis in reality. In that case, they are not buying MacroGenics 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.
MacroGenics after-hype prediction price | USD 16.23 |
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.
Prediction based on Rule 16 of the current MacroGenics contract
Based on the Rule 16, the options market is currently suggesting that MacroGenics will have an average daily up or down price movement of about 6.46% per day over the life of the 2024-05-17 option contract. With MacroGenics trading at USD 15.7, that is roughly USD 1.01 . If you think that the market is fully incorporating MacroGenics' daily price movement you should consider acquiring MacroGenics options at the current volatility level of 103.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
MacroGenics |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MacroGenics' 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.
MacroGenics After-Hype Price Prediction Density Analysis
As far as predicting the price of MacroGenics 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 MacroGenics 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 MacroGenics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MacroGenics Estimiated After-Hype Price Volatility
In the context of predicting MacroGenics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MacroGenics' historical news coverage. MacroGenics' after-hype downside and upside margins for the prediction period are 10.66 and 21.80, respectively. We have considered MacroGenics' 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
MacroGenics is somewhat reliable at this time. Analysis and calculation of next after-hype price of MacroGenics is based on 3 months time horizon.
MacroGenics Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as MacroGenics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MacroGenics 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 MacroGenics, 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 |
0.52 | 5.57 | 0.03 | 0.19 | 9 Events / Month | 15 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
15.70 | 16.23 | 0.00 |
|
MacroGenics Hype Timeline
MacroGenics is now traded for 15.70. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.19. MacroGenics is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.52%. %. The volatility of related hype on MacroGenics is about 1562.41%, with the expected price after the next announcement by competition of 15.51. About 97.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.01. MacroGenics recorded a loss per share of 0.15. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 9 days. Check out MacroGenics Basic Forecasting Models to cross-verify your projections.MacroGenics Related Hype Analysis
Having access to credible news sources related to MacroGenics' direct competition is more important than ever and may enhance your ability to predict MacroGenics' future price movements. Getting to know how MacroGenics' 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 MacroGenics may potentially react to the hype associated with one of its peers.
MacroGenics Additional Predictive Modules
Most predictive techniques to examine MacroGenics price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MacroGenics using various technical indicators. When you analyze MacroGenics 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About MacroGenics Predictive Indicators
The successful prediction of MacroGenics 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 MacroGenics, 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 MacroGenics based on analysis of MacroGenics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MacroGenics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MacroGenics's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.17 | 1.51 | 0.0961 | 0.0913 | Days Of Inventory On Hand | 604.16 | 71.72 | 719.98 | 755.97 |
Story Coverage note for MacroGenics
The number of cover stories for MacroGenics depends on current market conditions and MacroGenics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MacroGenics 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 MacroGenics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
MacroGenics Short Properties
MacroGenics' future price predictability will typically decrease when MacroGenics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MacroGenics often depends not only on the future outlook of the potential MacroGenics' 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. MacroGenics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.9 M | |
| Cash And Short Term Investments | 229.8 M |
Check out MacroGenics Basic Forecasting Models to cross-verify your projections. For more information on how to buy MacroGenics Stock please use our How to Invest in MacroGenics guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for MacroGenics Stock analysis
When running MacroGenics' price analysis, check to measure MacroGenics' 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 MacroGenics is operating at the current time. Most of MacroGenics' value examination focuses on studying past and present price action to predict the probability of MacroGenics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroGenics' price. Additionally, you may evaluate how the addition of MacroGenics to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
Is MacroGenics' 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 MacroGenics. If investors know MacroGenics 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 MacroGenics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 0.949 | Quarterly Revenue Growth (0.85) | Return On Assets (0.36) | Return On Equity (0.06) |
The market value of MacroGenics is measured differently than its book value, which is the value of MacroGenics that is recorded on the company's balance sheet. Investors also form their own opinion of MacroGenics' value that differs from its market value or its book value, called intrinsic value, which is MacroGenics' 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 MacroGenics' market value can be influenced by many factors that don't directly affect MacroGenics' 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 MacroGenics' value and its price as these two are different measures arrived at by different means. Investors typically determine if MacroGenics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MacroGenics' 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.