Espey Mfg Electronics Stock Price Prediction
| ESP Stock | USD 30.18 0.16 0.53% |
Oversold Vs Overbought
47
Oversold | Overbought |
Quarterly Earnings Growth 1.015 | Wall Street Target Price 25 | Quarterly Revenue Growth 0.392 |
Using Espey Mfg hype-based prediction, you can estimate the value of Espey Mfg Electronics from the perspective of Espey Mfg 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 Espey Mfg to buy its stock at a price that has no basis in reality. In that case, they are not buying Espey 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.
Espey Mfg after-hype prediction price | USD 30.35 |
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.
Espey |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Espey Mfg'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.
Espey Mfg After-Hype Price Prediction Density Analysis
As far as predicting the price of Espey Mfg 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 Espey Mfg 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 Espey Mfg, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Espey Mfg Estimiated After-Hype Price Volatility
In the context of predicting Espey Mfg's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Espey Mfg's historical news coverage. Espey Mfg's after-hype downside and upside margins for the prediction period are 26.70 and 34.00, respectively. We have considered Espey Mfg'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
Espey Mfg is not too volatile at this time. Analysis and calculation of next after-hype price of Espey Mfg Electronics is based on 3 months time horizon.
Espey Mfg Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Espey Mfg is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Espey Mfg 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 Espey Mfg, 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 |
0.50 | 3.65 | 0.17 | 0.21 | 10 Events / Month | 4 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
30.18 | 30.35 | 0.56 |
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Espey Mfg Hype Timeline
On the 30th of November Espey Mfg Electronics is traded for 30.18. The entity has historical hype elasticity of 0.17, and average elasticity to hype of competition of -0.21. Espey is projected to increase in value after the next headline, with the price projected to jump to 30.35 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is forecasted to be 0.56%, whereas the daily expected return is currently at 0.5%. The volatility of related hype on Espey Mfg is about 877.4%, with the expected price after the next announcement by competition of 29.97. The company reported the last year's revenue of 38.74 M. Total Income to common stockholders was 5.82 M with profit before taxes, overhead, and interest of 8.05 M. Considering the 90-day investment horizon the next projected press release will be in about 10 days. Check out Espey Mfg Basic Forecasting Models to cross-verify your projections.Espey Mfg Related Hype Analysis
Having access to credible news sources related to Espey Mfg's direct competition is more important than ever and may enhance your ability to predict Espey Mfg's future price movements. Getting to know how Espey Mfg'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 Espey Mfg may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CVR | Chicago Rivet Machine | 0.44 | 6 per month | 0.00 | (0.1) | 5.51 | (4.81) | 15.96 | |
| EML | Eastern Co | 0.82 | 9 per month | 0.00 | (0.08) | 3.39 | (3.42) | 11.83 | |
| SVT | Servotronics | 0.04 | 2 per month | 0.00 | (0.07) | 4.88 | (4.67) | 16.72 | |
| EVBN | Evans Bancorp | (0.38) | 8 per month | 1.22 | 0.12 | 2.80 | (2.10) | 13.27 | |
| DIT | AMCON Distributing | (3.00) | 4 per month | 3.03 | (0.03) | 7.69 | (5.43) | 20.23 |
Espey Mfg Additional Predictive Modules
Most predictive techniques to examine Espey price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Espey using various technical indicators. When you analyze Espey 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 Espey Mfg Predictive Indicators
The successful prediction of Espey Mfg 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 Espey Mfg Electronics, 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 Espey Mfg based on analysis of Espey Mfg hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Espey Mfg's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Espey Mfg's related companies. | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0119 | 0.0314 | 0.0398 | Price To Sales Ratio | 1.08 | 1.38 | 1.2 |
Story Coverage note for Espey Mfg
The number of cover stories for Espey Mfg depends on current market conditions and Espey Mfg's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Espey Mfg 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 Espey Mfg'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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Espey Mfg Short Properties
Espey Mfg's future price predictability will typically decrease when Espey Mfg's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Espey Mfg Electronics often depends not only on the future outlook of the potential Espey Mfg'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. Espey Mfg's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 M | |
| Cash And Short Term Investments | 23.2 M |
Additional Tools for Espey Stock Analysis
When running Espey Mfg's price analysis, check to measure Espey Mfg'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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.