In8Bio Stock Technical Analysis


USD 1.62  0.12  8.00%   

As of the 29th of November, In8Bio owns the Semi Deviation of 7.24, standard deviation of 8.19, and Market Risk Adjusted Performance of (0.06). In8Bio Inc technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for In8Bio, which can be compared to its peers in the sector. Please check out In8Bio Inc mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if In8Bio Inc is priced some-what accurately, providing market reflects its prevailing price of 1.62 per share. Please also validate In8Bio total risk alpha, which is currently at (0.08) to confirm the company can sustain itself at some point in the future.

In8Bio Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as In8Bio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to In8Bio
In8Bio's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

In8Bio Analyst Consensus

Target PriceAdvice# of Analysts
15.5Strong Buy2Odds
In8Bio Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most In8Bio analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand In8Bio stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of In8Bio Inc, talking to its executives and customers, or listening to In8Bio conference calls.
In8Bio Analyst Advice Details
In8Bio 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 In8Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of In8Bio 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...

In8Bio Inc Technical Analysis

Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Normalized Average True Range is used to analyze tradable apportunities for In8Bio Inc across different markets.

In8Bio Inc Trend Analysis

Use this graph to draw trend lines for In8Bio Inc. You can use it to identify possible trend reversals for In8Bio as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual In8Bio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

In8Bio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for In8Bio Inc applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that In8Bio Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 12.66, which is the sum of squared deviations for the predicted In8Bio price change compared to its average price change.

About In8Bio Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of In8Bio Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of In8Bio Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on In8Bio Inc price pattern first instead of the macroeconomic environment surrounding In8Bio Inc. By analyzing In8Bio's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of In8Bio's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to In8Bio specific price patterns or momentum indicators. Please read more on our technical analysis page.

In8Bio November 29, 2022 Technical Indicators

Most technical analysis of In8Bio help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for In8Bio from various momentum indicators to cycle indicators. When you analyze In8Bio charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

In8Bio November 29, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as In8Bio stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please see Risk vs Return Analysis. Note that the In8Bio Inc information on this page should be used as a complementary analysis to other In8Bio's 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for In8Bio Stock analysis

When running In8Bio Inc price analysis, check to measure In8Bio'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 In8Bio is operating at the current time. Most of In8Bio's value examination focuses on studying past and present price action to predict the probability of In8Bio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move In8Bio's price. Additionally, you may evaluate how the addition of In8Bio to your portfolios can decrease your overall portfolio volatility.
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Is In8Bio'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 In8Bio. If investors know In8Bio 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 In8Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
39.7 M
Return On Assets
Return On Equity
The market value of In8Bio Inc is measured differently than its book value, which is the value of In8Bio that is recorded on the company's balance sheet. Investors also form their own opinion of In8Bio's value that differs from its market value or its book value, called intrinsic value, which is In8Bio'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 In8Bio's market value can be influenced by many factors that don't directly affect In8Bio'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 In8Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine In8Bio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, In8Bio'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.