Canada Goose Holdings Stock Price Prediction
| GOOS Stock | CAD 14.13 0.06 0.42% |
Oversold Vs Overbought
44
Oversold | Overbought |
Quarterly Earnings Growth 0.467 | EPS Estimate Next Quarter 1.66 | EPS Estimate Current Year 0.87 | EPS Estimate Next Year 1.05 | Wall Street Target Price 12.8371 |
Using Canada Goose hype-based prediction, you can estimate the value of Canada Goose Holdings from the perspective of Canada Goose 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 Canada Goose to buy its stock at a price that has no basis in reality. In that case, they are not buying Canada 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.
Canada Goose after-hype prediction price | CAD 14.17 |
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.
Canada |
Canada Goose After-Hype Price Prediction Density Analysis
As far as predicting the price of Canada Goose 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 Canada Goose 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 Canada Goose, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canada Goose Estimiated After-Hype Price Volatility
In the context of predicting Canada Goose's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canada Goose's historical news coverage. Canada Goose's after-hype downside and upside margins for the prediction period are 11.43 and 16.91, respectively. We have considered Canada Goose'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
Canada Goose is not too volatile at this time. Analysis and calculation of next after-hype price of Canada Goose Holdings is based on 3 months time horizon.
Canada Goose Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Canada Goose is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canada Goose 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 Canada Goose, 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 |
0.03 | 2.73 | 0.01 | 0.01 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
14.13 | 14.17 | 0.14 |
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Canada Goose Hype Timeline
Canada Goose Holdings is currently traded for 14.13on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.01. Canada is estimated to decline in value after the next headline, with the price expected to drop to 14.17. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.14%, whereas the daily expected return is currently at 0.03%. The volatility of related hype on Canada Goose is about 643.87%, with the expected price after the next announcement by competition of 14.14. About 83.0% of the company shares are owned by institutional investors. The book value of Canada Goose was currently reported as 3.7. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be in about 5 days. Check out Canada Goose Basic Forecasting Models to cross-verify your projections.Canada Goose Related Hype Analysis
Having access to credible news sources related to Canada Goose's direct competition is more important than ever and may enhance your ability to predict Canada Goose's future price movements. Getting to know how Canada Goose'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 Canada Goose may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ATZ | Aritzia | (0.57) | 3 per month | 1.93 | 0.01 | 4.02 | (3.54) | 9.94 | |
| QSR | Restaurant Brands International | 0.93 | 4 per month | 0.97 | 0.02 | 1.99 | (1.93) | 6.46 | |
| DOL | Dollarama | 2.29 | 6 per month | 1.19 | 0.05 | 2.25 | (1.36) | 13.31 | |
| SHOP | Shopify | (0.89) | 3 per month | 1.11 | 0.24 | 4.67 | (2.31) | 26.27 | |
| LSPD | Lightspeed Commerce | 0.36 | 5 per month | 1.57 | 0.16 | 4.46 | (1.87) | 21.51 |
Canada Goose Additional Predictive Modules
Most predictive techniques to examine Canada price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canada using various technical indicators. When you analyze Canada 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 Canada Goose Predictive Indicators
The successful prediction of Canada Goose 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 Canada Goose Holdings, 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 Canada Goose based on analysis of Canada Goose hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canada Goose's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canada Goose's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.11 | 0.096 | Price To Sales Ratio | 1.26 | 1.2 |
Story Coverage note for Canada Goose
The number of cover stories for Canada Goose depends on current market conditions and Canada Goose's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canada Goose 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 Canada Goose'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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Canada Goose Short Properties
Canada Goose's future price predictability will typically decrease when Canada Goose's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canada Goose Holdings often depends not only on the future outlook of the potential Canada Goose'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. Canada Goose's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.8 M | |
| Cash And Short Term Investments | 144.9 M |
Check out Canada Goose Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.