Mannkind Corp Stock Price Prediction

MNKD Stock  USD 4.53  0.10  2.16%   
At the present time, The RSI of MannKind Corp's share price is at 56. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling MannKind Corp, making its price go up or down.

Oversold Vs Overbought

56

 
Oversold
 
Overbought
MannKind Corp stock price prediction is an act of determining the future value of MannKind Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of MannKind Corp's 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 MannKind Corp and does not consider all of the tangible or intangible factors available from MannKind Corp's fundamental data. We analyze noise-free headlines and recent hype associated with MannKind Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting MannKind Corp's stock price prediction:
EPS Estimate Next Quarter
0.01
EPS Estimate Current Year
0.1
EPS Estimate Next Year
0.25
Wall Street Target Price
7.08
Quarterly Revenue Growth
0.622
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 MannKind Corp based on different types of headlines from major news networks to social media. The MannKind stock price prediction module provides an analysis of price elasticity to changes in media outlook on MannKind Corp over a specific investment horizon. Using MannKind Corp hype-based prediction, you can estimate the value of MannKind Corp from the perspective of MannKind Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards MannKind Corp using MannKind Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards MannKind using crowd psychology based on the activity and movement of MannKind Corp's stock price.

MannKind Corp Implied Volatility

    
  96.01  
MannKind Corp's implied volatility exposes the market's sentiment of MannKind Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MannKind Corp's 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 MannKind Corp stock will not fluctuate a lot when MannKind Corp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in MannKind Corp. 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 MannKind Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying MannKind 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.

MannKind Corp after-hype prediction price

    
  USD 4.53  
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 MannKind contract

Based on the Rule 16, the options market is currently suggesting that MannKind Corp will have an average daily up or down price movement of about 6.0% per day over the life of the 2024-04-05 option contract. With MannKind Corp trading at USD 4.53, that is roughly USD 0.27 . If you think that the market is fully incorporating MannKind Corp's daily price movement you should consider acquiring MannKind Corp options at the current volatility level of 96.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out MannKind Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MannKind Corp'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.
Intrinsic
Valuation
LowRealHigh
0.183.697.52
Details
Naive
Forecast
LowNextHigh
0.564.398.22
Details
6 Analysts
Consensus
LowTargetHigh
6.607.258.05
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.010.030.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MannKind Corp. Your research has to be compared to or analyzed against MannKind Corp's peers to derive any actionable benefits. When done correctly, MannKind Corp'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 MannKind Corp.

MannKind Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of MannKind Corp 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 MannKind Corp 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 MannKind Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

MannKind Corp Estimiated After-Hype Price Volatility

In the context of predicting MannKind Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MannKind Corp's historical news coverage. MannKind Corp's after-hype downside and upside margins for the prediction period are 0.70 and 8.36, respectively. We have considered MannKind Corp's 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
4.53
4.53
After-hype Price
8.36
Upside
MannKind Corp is unstable at this time. Analysis and calculation of next after-hype price of MannKind Corp is based on 3 months time horizon.

MannKind Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as MannKind Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MannKind Corp 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 MannKind Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.31 
3.74
  0.11 
  0.06 
8 Events / Month
4 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.53
4.53
0.00 
1,069  
Notes

MannKind Corp Hype Timeline

MannKind Corp is now traded for 4.53. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of -0.06. MannKind is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.31%. %. The volatility of related hype on MannKind Corp is about 1893.67%, with the expected price after the next announcement by competition of 4.47. About 50.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.04. MannKind Corp last dividend was issued on the 3rd of March 2017. The entity had 1:5 split on the 3rd of March 2017. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days.
Check out MannKind Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.

MannKind Corp Related Hype Analysis

Having access to credible news sources related to MannKind Corp's direct competition is more important than ever and may enhance your ability to predict MannKind Corp's future price movements. Getting to know how MannKind Corp rivals 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 MannKind Corp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
AINSFAinsworth Game Technology 0.00 0 per month 0.00 (0.05) 4.65 (4.35) 14.51 
NGMSNeogamesSA 0.28 4 per month 0.43 (0.20) 0.85 (0.36) 3.53 
BYDBoyd Gaming(0.60)12 per month 1.24  0.0002  2.33 (1.93) 5.57 
PMPhilip Morris International(1.95)10 per month 0.93 (0.14) 1.57 (1.45) 5.34 
KOThe Coca Cola 0.57 11 per month 0.45 (0.07) 1.20 (0.81) 3.53 
GDEVGDEV Inc 0.00 2 per month 1.25 (0.02) 3.14 (2.86) 9.30 
KSMRFContagious Gaming 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
UVVUniversal 0.12 11 per month 0.00 (0.29) 1.96 (2.86) 9.12 

MannKind Corp Additional Predictive Modules

Most predictive techniques to examine MannKind price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MannKind using various technical indicators. When you analyze MannKind 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.

About MannKind Corp Predictive Indicators

The successful prediction of MannKind Corp 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 MannKind Corp, 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 MannKind Corp based on analysis of MannKind Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MannKind Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MannKind Corp's related companies.
 2021 2023 2024 (projected)
Dividend Yield4.57E-45.26E-45.0E-4
Price To Sales Ratio14.444.894.64

Story Coverage note for MannKind Corp

The number of cover stories for MannKind Corp depends on current market conditions and MannKind Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MannKind Corp 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 MannKind Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

MannKind Corp Short Properties

MannKind Corp's future price predictability will typically decrease when MannKind Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MannKind Corp often depends not only on the future outlook of the potential MannKind Corp'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. MannKind Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding267 M
Cash And Short Term Investments295.1 M
When determining whether MannKind Corp is a strong investment it is important to analyze MannKind Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:
Check out MannKind Corp Basic Forecasting Models to cross-verify your projections.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is MannKind Corp'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 MannKind Corp. If investors know MannKind 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 MannKind Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.745
Quarterly Revenue Growth
0.622
Return On Assets
0.0172
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.