Accuray Incorporated Stock Price Prediction

ARAY Stock  USD 2.23  0.12  5.69%   
At this time, the relative strength index (RSI) of Accuray Incorporated's share price is approaching 40. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Accuray Incorporated, making its price go up or down.

Oversold Vs Overbought

40

 
Oversold
 
Overbought
The successful prediction of Accuray Incorporated's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Accuray Incorporated, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Accuray Incorporated's stock price prediction:
Quarterly Earnings Growth
(0.96)
EPS Estimate Next Quarter
(0.02)
EPS Estimate Current Year
(0.17)
Wall Street Target Price
6.125
EPS Estimate Current Quarter
(0.05)
Using Accuray Incorporated hype-based prediction, you can estimate the value of Accuray Incorporated from the perspective of Accuray Incorporated response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Accuray Incorporated to buy its stock at a price that has no basis in reality. In that case, they are not buying Accuray 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.

Accuray Incorporated after-hype prediction price

    
  USD 2.24  
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.
  
Check out Accuray Incorporated Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.
Intrinsic
Valuation
LowRealHigh
0.183.637.92
Details
4 Analysts
Consensus
LowTargetHigh
7.558.309.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.04-0.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Accuray Incorporated. Your research has to be compared to or analyzed against Accuray Incorporated's peers to derive any actionable benefits. When done correctly, Accuray Incorporated'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 Accuray Incorporated.

Accuray Incorporated After-Hype Price Prediction Density Analysis

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

Accuray Incorporated Estimiated After-Hype Price Volatility

In the context of predicting Accuray Incorporated's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Accuray Incorporated's historical news coverage. Accuray Incorporated's after-hype downside and upside margins for the prediction period are 0.11 and 6.53, respectively. We have considered Accuray Incorporated'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
2.23
2.24
After-hype Price
6.53
Upside
Accuray Incorporated is unstable at this time. Analysis and calculation of next after-hype price of Accuray Incorporated is based on 3 months time horizon.

Accuray Incorporated Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Accuray Incorporated is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Accuray Incorporated 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 Accuray Incorporated, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
4.29
  0.01 
  0.02 
9 Events / Month
17 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.23
2.24
0.45 
8,580  
Notes

Accuray Incorporated Hype Timeline

Accuray Incorporated is presently traded for 2.23. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.02. Accuray is forecasted to increase in value after the next headline, with the price projected to jump to 2.24 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.45%, whereas the daily expected return is presently at 0.18%. The volatility of related hype on Accuray Incorporated is about 3864.86%, with the expected price after the next announcement by competition of 2.21. The company reported the previous year's revenue of 446.55 M. Net Loss for the year was (15.54 M) with profit before overhead, payroll, taxes, and interest of 153.96 M. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Accuray Incorporated Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.

Accuray Incorporated Related Hype Analysis

Having access to credible news sources related to Accuray Incorporated's direct competition is more important than ever and may enhance your ability to predict Accuray Incorporated's future price movements. Getting to know how Accuray Incorporated's 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 Accuray Incorporated 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
SRDXSurModics(0.07)6 per month 0.00 (0.21) 1.26 (1.01) 3.22 
AXGNAxogen Inc(0.84)9 per month 3.70  0.02  4.73 (5.50) 21.60 
BVSBioventus 0.11 10 per month 3.63  0.08  5.34 (4.82) 26.44 
CUTRCutera Inc(0.06)9 per month 0.00 (0.08) 12.12 (9.37) 44.12 
NUVANuVasive 0.46 3 per month 0.00 (0.09) 3.31 (2.75) 7.19 
FNAParagon 28(0.08)6 per month 4.10  0.06  7.32 (6.30) 43.16 
OFIXOrthofix Medical 0.15 8 per month 2.06  0.03  3.90 (3.85) 12.11 
SIBNSi Bone(0.44)8 per month 0.00 (0.08) 5.99 (4.54) 26.24 
AVNSAvanos Medical(1.04)7 per month 0.00 (0.16) 3.01 (2.71) 20.91 
AZYOAziyo Biologics 0.04 5 per month 3.84  0.1  8.44 (7.23) 30.62 
APYXApyx Medical(0.07)7 per month 3.37  0.05  10.00 (6.45) 32.02 
INVOINVO Bioscience 0.57 3 per month 4.69  0.02  6.67 (6.85) 105.62 
AORTArtivion(0.05)8 per month 1.51  0.03  2.65 (2.63) 9.51 
ANIKAnika Therapeutics(0.14)9 per month 0.00 (0.15) 3.09 (2.96) 34.28 
SGHTSight Sciences(0.22)9 per month 0.00 (0.21) 6.65 (7.84) 18.22 
CTSOCytosorbents Crp(0.02)8 per month 5.15 (0) 9.15 (8.55) 32.59 
NPCENeuropace 0.13 11 per month 3.01  0.09  9.73 (6.19) 35.38 
CLPTClearpoint Neuro 0.13 9 per month 3.51 (0.03) 6.76 (3.91) 24.80 
TELATela Bio(0.02)8 per month 2.69  0.01  6.43 (4.83) 15.40 
KIDSOrthopediatrics Corp(0.76)10 per month 0.00 (0.12) 4.85 (5.08) 16.62 

Accuray Incorporated Additional Predictive Modules

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

The successful prediction of Accuray Incorporated 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 Accuray Incorporated, 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 Accuray Incorporated based on analysis of Accuray Incorporated hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Accuray Incorporated's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Accuray Incorporated's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding80.1860.9875.256.0
PTB Ratio3.396.843.841.94

Story Coverage note for Accuray Incorporated

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

Accuray Incorporated Short Properties

Accuray Incorporated's future price predictability will typically decrease when Accuray Incorporated's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Accuray Incorporated often depends not only on the future outlook of the potential Accuray Incorporated'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. Accuray Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding98.3 M
Cash And Short Term Investments68.6 M

Additional Tools for Accuray Stock Analysis

When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.