Forum Energy Technologies Stock Price Prediction
| FET Stock | USD 14.74 0.23 1.54% |
Oversold Vs Overbought
51
Oversold | Overbought |
Quarterly Earnings Growth (0.58) | EPS Estimate Next Quarter 0.05 | EPS Estimate Current Year (0.43) | EPS Estimate Next Year 0.68 | Wall Street Target Price 30 |
Using Forum Energy hype-based prediction, you can estimate the value of Forum Energy Technologies from the perspective of Forum Energy 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 Forum Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Forum 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.
Forum Energy after-hype prediction price | USD 14.97 |
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.
Forum |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forum Energy'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.
Forum Energy After-Hype Price Prediction Density Analysis
As far as predicting the price of Forum Energy 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 Forum Energy 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 Forum Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Forum Energy Estimiated After-Hype Price Volatility
In the context of predicting Forum Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Forum Energy's historical news coverage. Forum Energy's after-hype downside and upside margins for the prediction period are 12.46 and 17.48, respectively. We have considered Forum Energy'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
Forum Energy is not too volatile at this time. Analysis and calculation of next after-hype price of Forum Energy Technologies is based on 3 months time horizon.
Forum Energy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Forum Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Forum Energy 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 Forum Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 2.51 | 0.00 | 0.01 | 9 Events / Month | 11 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
14.74 | 14.97 | 0.00 |
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Forum Energy Hype Timeline
On the 13th of December 2024 Forum Energy Technologies is traded for 14.74. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Forum 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 currently at -0.06%. %. The volatility of related hype on Forum Energy is about 1140.91%, with the expected price after the next announcement by competition of 14.75. About 71.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Forum Energy Technologies recorded a loss per share of 4.12. The entity last dividend was issued on the 10th of November 2020. The firm had 1:20 split on the 10th of November 2020. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Forum Energy Basic Forecasting Models to cross-verify your projections.Forum Energy Related Hype Analysis
Having access to credible news sources related to Forum Energy's direct competition is more important than ever and may enhance your ability to predict Forum Energy's future price movements. Getting to know how Forum Energy'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 Forum Energy may potentially react to the hype associated with one of its peers.
Forum Energy Additional Predictive Modules
Most predictive techniques to examine Forum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Forum using various technical indicators. When you analyze Forum 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.| Cycle Indicators | ||
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About Forum Energy Predictive Indicators
The successful prediction of Forum Energy 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 Forum Energy Technologies, 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 Forum Energy based on analysis of Forum Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Forum Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Forum Energy's related companies. | 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 90.68 | 88.68 | 56.45 | PTB Ratio | 0.28 | 0.55 | 0.52 |
Story Coverage note for Forum Energy
The number of cover stories for Forum Energy depends on current market conditions and Forum Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Forum Energy 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 Forum Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Forum Energy Short Properties
Forum Energy's future price predictability will typically decrease when Forum Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Forum Energy Technologies often depends not only on the future outlook of the potential Forum Energy'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. Forum Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.2 M | |
| Cash And Short Term Investments | 46.2 M |
Additional Tools for Forum Stock Analysis
When running Forum Energy's price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.