Avanos Medical Stock Price Prediction

AVNS Stock  USD 19.14  0.02  0.10%   
At this time, the relative strength index (RSI) of Avanos Medical's share price is approaching 34. 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 Avanos Medical, making its price go up or down.

Oversold Vs Overbought

34

 
Oversold
 
Overbought
The successful prediction of Avanos Medical'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 Avanos Medical and does not consider all of the tangible or intangible factors available from Avanos Medical's fundamental data. We analyze noise-free headlines and recent hype associated with Avanos Medical, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Avanos Medical's stock price prediction:
Quarterly Earnings Growth
(0.38)
EPS Estimate Next Quarter
0.48
EPS Estimate Current Year
1.32
EPS Estimate Next Year
1.6667
Wall Street Target Price
22.5
Using Avanos Medical hype-based prediction, you can estimate the value of Avanos Medical from the perspective of Avanos Medical 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 Avanos Medical to buy its stock at a price that has no basis in reality. In that case, they are not buying Avanos 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.

Avanos Medical after-hype prediction price

    
  USD 18.8  
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 Avanos Medical Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Avanos Stock please use our How to Invest in Avanos Medical guide.
Intrinsic
Valuation
LowRealHigh
17.2322.1024.97
Details
Naive
Forecast
LowNextHigh
17.0019.8822.75
Details
3 Analysts
Consensus
LowTargetHigh
27.3030.0033.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.330.330.33
Details

Avanos Medical After-Hype Price Prediction Density Analysis

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

Avanos Medical Estimiated After-Hype Price Volatility

In the context of predicting Avanos Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Avanos Medical's historical news coverage. Avanos Medical's after-hype downside and upside margins for the prediction period are 15.93 and 21.67, respectively. We have considered Avanos Medical'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
19.14
18.80
After-hype Price
21.67
Upside
Avanos Medical is not too volatile at this time. Analysis and calculation of next after-hype price of Avanos Medical is based on 3 months time horizon.

Avanos Medical Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Avanos Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avanos Medical 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 Avanos Medical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
2.85
  0.33 
  0.19 
10 Events / Month
12 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
19.14
18.80
1.78 
274.04  
Notes

Avanos Medical Hype Timeline

Avanos Medical is presently traded for 19.14. The entity has historical hype elasticity of -0.33, and average elasticity to hype of competition of -0.19. Avanos is estimated to decline in value after the next headline, with the price expected to drop to 18.8. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.78%, whereas the daily expected return is presently at -0.32%. The volatility of related hype on Avanos Medical is about 490.32%, with the expected price after the next announcement by competition of 18.95. About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Avanos Medical has Price/Earnings To Growth (PEG) ratio of 2.29. 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 10 days.
Check out Avanos Medical Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Avanos Stock please use our How to Invest in Avanos Medical guide.

Avanos Medical Related Hype Analysis

Having access to credible news sources related to Avanos Medical's direct competition is more important than ever and may enhance your ability to predict Avanos Medical's future price movements. Getting to know how Avanos Medical'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 Avanos Medical 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
AORTArtivion(0.32)7 per month 1.49  0.02  2.65 (2.63) 9.51 
ANIKAnika Therapeutics(0.14)9 per month 0.00 (0.13) 3.23 (2.96) 34.28 
SGHTSight Sciences(0.22)9 per month 0.00 (0.23) 6.65 (7.84) 18.22 
OFIXOrthofix Medical 0.15 8 per month 2.07  0.03  3.90 (3.85) 12.11 
AXGNAxogen Inc 0.49 10 per month 3.69  0.03  4.73 (5.50) 21.60 
SRDXSurModics(0.07)8 per month 0.59 (0.19) 1.26 (1.01) 3.22 
FNAParagon 28 0.18 7 per month 4.05  0.05  7.32 (6.30) 43.16 
GKOSGlaukos Corp(1.79)8 per month 1.68 (0.01) 3.30 (2.86) 13.23 
KIDSOrthopediatrics Corp(0.76)10 per month 0.00 (0.12) 4.85 (5.08) 16.62 
CNMDCONMED(1.41)11 per month 2.41 (0.03) 4.56 (3.84) 10.92 
LIVNLivaNova PLC(0.45)9 per month 1.49  0.01  3.73 (2.55) 8.68 
ITGRInteger Holdings Corp(2.86)9 per month 1.46  0.03  2.47 (2.16) 7.64 
TMCITreace Medical Concepts 0.08 8 per month 2.62  0.08  6.08 (4.39) 38.73 
ESTAEstablishment Labs Holdings(0.86)9 per month 4.13 (0.01) 8.20 (7.22) 22.26 
NVRONevro Corp(1.78)8 per month 0.00 (0.07) 8.28 (7.61) 25.58 
NUVANuVasive 0.46 3 per month 0.00 (0.09) 3.31 (2.75) 7.19 

Avanos Medical Additional Predictive Modules

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

The successful prediction of Avanos Medical 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 Avanos Medical, 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 Avanos Medical based on analysis of Avanos Medical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Avanos Medical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Avanos Medical's related companies.
 2023 2024 (projected)
PTB Ratio0.851.45
Dividend Yield0.290.26

Story Coverage note for Avanos Medical

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

Avanos Medical Short Properties

Avanos Medical's future price predictability will typically decrease when Avanos Medical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Avanos Medical often depends not only on the future outlook of the potential Avanos Medical'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. Avanos Medical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding46.6 M
Cash And Short Term Investments87.7 M

Additional Tools for Avanos Stock Analysis

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