Electromed Stock Price Prediction
ELMD Stock | USD 30.78 0.28 0.90% |
Oversold Vs Overbought
81
Oversold | Overbought |
Quarterly Earnings Growth 0.809 | EPS Estimate Next Quarter 0.19 | EPS Estimate Current Year 0.51 | EPS Estimate Next Year 0.61 | Wall Street Target Price 33 |
Using Electromed hype-based prediction, you can estimate the value of Electromed from the perspective of Electromed 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 Electromed to buy its stock at a price that has no basis in reality. In that case, they are not buying Electromed 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.
Electromed after-hype prediction price | USD 30.76 |
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.
Electromed |
Electromed After-Hype Price Prediction Density Analysis
As far as predicting the price of Electromed 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 Electromed 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 Electromed, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Electromed Estimiated After-Hype Price Volatility
In the context of predicting Electromed's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Electromed's historical news coverage. Electromed's after-hype downside and upside margins for the prediction period are 27.92 and 33.60, respectively. We have considered Electromed'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
Electromed is very steady at this time. Analysis and calculation of next after-hype price of Electromed is based on 3 months time horizon.
Electromed Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Electromed is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Electromed 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 Electromed, 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 |
0.96 | 2.84 | 0.02 | 0.32 | 10 Events / Month | 5 Events / Month | In about 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
30.78 | 30.76 | 0.06 |
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Electromed Hype Timeline
Electromed is currently traded for 30.78. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.32. Electromed is expected to decline in value after the next headline, with the price expected to drop to 30.76. 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 -0.06%, whereas the daily expected return is currently at 0.96%. The volatility of related hype on Electromed is about 854.14%, with the expected price after the next announcement by competition of 30.46. About 28.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 10 days. Check out Electromed Basic Forecasting Models to cross-verify your projections.Electromed Related Hype Analysis
Having access to credible news sources related to Electromed's direct competition is more important than ever and may enhance your ability to predict Electromed's future price movements. Getting to know how Electromed'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 Electromed may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
PROF | Profound Medical Corp | (0.25) | 5 per month | 0.00 | (0.08) | 4.26 | (3.53) | 18.74 | |
SIBN | Si Bone | (0.44) | 8 per month | 0.00 | (0.08) | 5.99 | (4.54) | 26.24 | |
NVRO | Nevro Corp | (1.78) | 8 per month | 0.00 | (0.07) | 8.28 | (7.61) | 25.58 | |
FNA | Paragon 28 | 0.18 | 8 per month | 4.10 | 0.06 | 7.32 | (6.30) | 43.16 | |
KIDS | Orthopediatrics Corp | (0.76) | 10 per month | 0.00 | (0.12) | 4.85 | (5.08) | 16.62 | |
OFIX | Orthofix Medical | 0.15 | 8 per month | 2.06 | 0.03 | 3.90 | (3.85) | 12.11 | |
NPCE | Neuropace | 0.13 | 11 per month | 3.01 | 0.09 | 9.73 | (6.19) | 35.38 | |
BVS | Bioventus | 0.11 | 10 per month | 3.63 | 0.08 | 5.34 | (4.82) | 26.44 |
Electromed Additional Predictive Modules
Most predictive techniques to examine Electromed price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Electromed using various technical indicators. When you analyze Electromed 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 | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Electromed Predictive Indicators
The successful prediction of Electromed 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 Electromed, 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 Electromed based on analysis of Electromed hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Electromed's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Electromed's related companies. 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 186.96 | 186.93 | 160.45 | 185.22 | PTB Ratio | 2.39 | 2.41 | 2.72 | 2.65 |
Story Coverage note for Electromed
The number of cover stories for Electromed depends on current market conditions and Electromed's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Electromed 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 Electromed'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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Electromed Short Properties
Electromed's future price predictability will typically decrease when Electromed's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Electromed often depends not only on the future outlook of the potential Electromed'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. Electromed's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 8.9 M | |
Cash And Short Term Investments | 16.1 M |
Complementary Tools for Electromed Stock analysis
When running Electromed's price analysis, check to measure Electromed'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 Electromed is operating at the current time. Most of Electromed's value examination focuses on studying past and present price action to predict the probability of Electromed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromed's price. Additionally, you may evaluate how the addition of Electromed to your portfolios can decrease your overall portfolio volatility.
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