In the current market scenario, this stock has a beta of 2 and is rated far below the other healthcare stock options. This stock has been showing high growth potential with a high profit margin as well. In the first month of this quarter it was reported that this stock was one of the five options that could double themselves. The stock had been facing some difficulty in the past but had started to recover. The latest reports on the current market trends suggest that this is one of the five most promising stock options but is a bit risky. I believe that this could be a good stock to invest in once its position becomes more stable and consistent.
Summary of the 10th percentile net composite return.
The best expected daily return of 0.5947% occurs on day 4 where there is a 10% chance that EXEL will rise to $6.44 (+11.41%) and there is a 10% chance it will fall to $5.26 (-9.01%). There is a 20% that EXEL will cross one of these price levels in 4 days, and adding the returns of +11.41% and -9.01% yields a net composite return of 2.40%. A net return of 2.40% in 4 days is an EDR of 0.5947% per day.
Summary of the 20th percentile net composite return.
The best expected daily return of 0.5538% occurs on day 5 where there is a 20% chance that EXEL will rise to $6.30 (+9.00%) and there is a 20% chance it will fall to $5.42 (-6.20%). There is a 40% that EXEL will cross one of these price levels in 5 days, and adding the returns of +9.00% and -6.20% yields a net composite return of 2.80%. A net return of 2.80% in 5 days is an EDR of 0.5538% per day.
Summary of the 30th percentile net composite return.
The best expected daily return of 0.5871% occurs on day 5 where there is a 30% chance that EXEL will rise to $6.18 (+6.85%) and there is a 30% chance it will fall to $5.56 (-3.88%). There is a 60% that EXEL will cross one of these price levels in 5 days, and adding the returns of +6.85% and -3.88% yields a net composite return of 2.97%. A net return of 2.97% in 5 days is an EDR of 0.5871% per day.
Summary of the 40th percentile net composite return.
The best expected daily return of 0.6634% occurs on day 4 where there is a 40% chance that EXEL will rise to $6.05 (+4.71%) and there is a 40% chance it will fall to $5.66 (-2.03%). There is a 80% that EXEL will cross one of these price levels in 4 days, and adding the returns of +4.71% and -2.03% yields a net composite return of 2.68%. A net return of 2.68% in 4 days is an EDR of 0.6634% per day.
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