Cronos Group Stock Price Prediction

CRON Stock  USD 1.89  0.03  1.61%   
As of today, The relative strength index (RSI) of Cronos' share price is at 51 suggesting 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 Cronos, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Cronos' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Cronos Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Cronos' stock price prediction:
Quarterly Earnings Growth
0.144
Wall Street Target Price
2.0564
Quarterly Revenue Growth
0.267
Using Cronos hype-based prediction, you can estimate the value of Cronos Group from the perspective of Cronos response to recently generated media hype and the effects of current headlines on its competitors.

Cronos Group Hype to Price Pattern

Investor biases related to Cronos' public news can be used to forecast risks associated with an investment in Cronos. The trend in average sentiment can be used to explain how an investor holding Cronos can time the market purely based on public headlines and social activities around Cronos Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Cronos' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Cronos.
The fear of missing out, i.e., FOMO, can cause potential investors in Cronos to buy its stock at a price that has no basis in reality. In that case, they are not buying Cronos 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.

Cronos after-hype prediction price

    
  USD 1.89  
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 Cronos Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.101.974.38
Details
Naive
Forecast
LowNextHigh
0.041.834.24
Details
5 Analysts
Consensus
LowTargetHigh
1.832.022.24
Details

Cronos After-Hype Price Prediction Density Analysis

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

Cronos Estimiated After-Hype Price Volatility

In the context of predicting Cronos' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cronos' historical news coverage. Cronos' after-hype downside and upside margins for the prediction period are 0.09 and 4.30, respectively. We have considered Cronos' 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
1.89
1.89
After-hype Price
4.30
Upside
Cronos is risky at this time. Analysis and calculation of next after-hype price of Cronos Group is based on 3 months time horizon.

Cronos Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Cronos is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cronos 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 Cronos, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
2.41
 0.00  
 0.00  
8 Events / Month
4 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.89
1.89
0.00 
6,025  
Notes

Cronos Hype Timeline

Cronos Group is currently traded for 1.89. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cronos is estimated 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 estimated to be very small, whereas the daily expected return is currently at -0.01%. %. The volatility of related hype on Cronos is about 28116.67%, with the expected price after the next announcement by competition of 1.89. About 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.67. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cronos Group had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 8 days.
Check out Cronos Basic Forecasting Models to cross-verify your projections.

Cronos Related Hype Analysis

Having access to credible news sources related to Cronos' direct competition is more important than ever and may enhance your ability to predict Cronos' future price movements. Getting to know how Cronos' 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 Cronos may potentially react to the hype associated with one of its peers.

Cronos Additional Predictive Modules

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

The successful prediction of Cronos 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 Cronos Group, 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 Cronos based on analysis of Cronos hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cronos's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cronos's related companies.
 2022 2023 2025 (projected)
Days Sales Outstanding124.28150.11164.11
PTB Ratio0.820.720.69

Story Coverage note for Cronos

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

Cronos Short Properties

Cronos' future price predictability will typically decrease when Cronos' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cronos Group often depends not only on the future outlook of the potential Cronos' 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. Cronos' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding382.1 M
Cash And Short Term Investments858.8 M
When determining whether Cronos Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cronos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cronos Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cronos Group Stock:
Check out Cronos Basic Forecasting Models to cross-verify your projections.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Pharmaceuticals space 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 Cronos. If investors know Cronos 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 Cronos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.144
Earnings Share
0.11
Revenue Per Share
0.308
Quarterly Revenue Growth
0.267
Return On Assets
(0.03)
The market value of Cronos Group is measured differently than its book value, which is the value of Cronos that is recorded on the company's balance sheet. Investors also form their own opinion of Cronos' value that differs from its market value or its book value, called intrinsic value, which is Cronos' 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 Cronos' market value can be influenced by many factors that don't directly affect Cronos' 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 Cronos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cronos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cronos' 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.