Quidel Stock Price Prediction

QDEL Stock  USD 41.35  0.25  0.60%   
As of now, The relative strength index (RSI) of Quidel's share price is at 53 indicating 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 Quidel, making its price go up or down.

Oversold Vs Overbought

53

 
Oversold
 
Overbought
The successful prediction of Quidel's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Quidel and does not consider all of the tangible or intangible factors available from Quidel's fundamental data. We analyze noise-free headlines and recent hype associated with Quidel, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Quidel's stock price prediction:
Quarterly Earnings Growth
(0.77)
EPS Estimate Next Quarter
1.04
EPS Estimate Current Year
1.7965
EPS Estimate Next Year
2.4501
Wall Street Target Price
51.1429
Using Quidel hype-based prediction, you can estimate the value of Quidel from the perspective of Quidel 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 Quidel to buy its stock at a price that has no basis in reality. In that case, they are not buying Quidel 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.

Quidel after-hype prediction price

    
  USD 41.55  
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 Quidel Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quidel'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.
Intrinsic
Valuation
LowRealHigh
37.2260.5063.59
Details
8 Analysts
Consensus
LowTargetHigh
107.51118.14131.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.420.450.47
Details

Quidel After-Hype Price Prediction Density Analysis

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

Quidel Estimiated After-Hype Price Volatility

In the context of predicting Quidel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Quidel's historical news coverage. Quidel's after-hype downside and upside margins for the prediction period are 38.46 and 44.64, respectively. We have considered Quidel'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
41.35
41.55
After-hype Price
44.64
Upside
Quidel is very steady at this time. Analysis and calculation of next after-hype price of Quidel is based on 3 months time horizon.

Quidel Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Quidel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Quidel 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 Quidel, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
3.09
  0.20 
 0.00  
11 Events / Month
13 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
41.35
41.55
0.48 
203.29  
Notes

Quidel Hype Timeline

Quidel is at this time traded for 41.35. The entity has historical hype elasticity of 0.2, and average elasticity to hype of competition of 0.0. Quidel is forecasted to increase in value after the next headline, with the price projected to jump to 41.55 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.48%, whereas the daily expected return is at this time at -0.13%. The volatility of related hype on Quidel is about 9118.03%, with the expected price after the next announcement by competition of 41.35. The company reported the previous year's revenue of 2.99 B. Net Loss for the year was (10.1 M) with profit before overhead, payroll, taxes, and interest of 1.94 B. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days.
Check out Quidel Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.

Quidel Related Hype Analysis

Having access to credible news sources related to Quidel's direct competition is more important than ever and may enhance your ability to predict Quidel's future price movements. Getting to know how Quidel'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 Quidel may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TNDMTandem Diabetes Care(0.31)10 per month 0.00 (0.14) 5.33 (6.23) 14.41 
DXCMDexCom Inc 1.21 10 per month 1.48  0.05  4.07 (2.43) 9.45 
INSPInspire Medical Systems(7.25)8 per month 0.00 (0.07) 4.84 (5.11) 11.93 
SWAVShockwave Medical 0.00 0 per month 2.04 (0.01) 3.76 (3.16) 16.22 
PENPenumbra 1.13 11 per month 1.79  0.10  4.55 (2.56) 10.88 
NUVANuVasive 0.46 3 per month 0.00 (0.07) 3.31 (2.75) 7.19 
GKOSGlaukos Corp(0.92)12 per month 1.73  0.03  4.77 (3.18) 13.23 
CNMDCONMED 1.32 12 per month 0.00 (0.07) 3.58 (3.84) 10.92 
LIVNLivaNova PLC 0.63 6 per month 1.42 (0) 3.30 (2.35) 8.68 
MASIMasimo(0.71)11 per month 0.85  0.26  4.84 (2.28) 14.35 
NARIInari Medical 0.91 9 per month 2.03  0.07  5.74 (3.84) 19.78 
PODDInsulet(1.09)10 per month 0.74  0.09  2.87 (1.68) 12.33 
STESTERIS plc 3.53 10 per month 0.00 (0.24) 1.66 (2.15) 8.04 
BRKRBruker 0.69 9 per month 0.00 (0.09) 4.74 (3.69) 12.99 
KIDSOrthopediatrics Corp(0.75)11 per month 0.00 (0.17) 4.85 (6.44) 16.62 
LUNGPulmonx Corp(0.05)9 per month 0.00 (0.12) 5.76 (5.99) 20.44 
SIBNSi Bone 0.25 9 per month 0.00 (0.06) 5.99 (4.54) 26.24 
NPCENeuropace 0.34 10 per month 2.98  0.12  9.73 (6.19) 35.38 

Quidel Additional Predictive Modules

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

The successful prediction of Quidel 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 Quidel, 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 Quidel based on analysis of Quidel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Quidel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Quidel's related companies.
 2023 2024 (projected)
Dividend Yield0.001219.69E-4
Price To Sales Ratio1.642.53

Story Coverage note for Quidel

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

Quidel Short Properties

Quidel's future price predictability will typically decrease when Quidel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Quidel often depends not only on the future outlook of the potential Quidel'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. Quidel's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding66.8 M
Cash And Short Term Investments167.3 M
When determining whether Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out Quidel Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Health Care Equipment & Supplies 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 Quidel. If investors know Quidel 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 Quidel 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
(0.77)
Earnings Share
(27.81)
Revenue Per Share
42.04
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0104
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel's 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 Quidel's market value can be influenced by many factors that don't directly affect Quidel's 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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel's 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.