Shimmick Common Stock Price Prediction
| SHIM Stock | 2.74 0.28 11.38% |
Oversold Vs Overbought
70
Oversold | Overbought |
EPS Estimate Next Quarter (0.34) | EPS Estimate Current Year (2.23) | EPS Estimate Next Year (0.41) | Wall Street Target Price 3 | EPS Estimate Current Quarter (0.12) |
Using Shimmick Common hype-based prediction, you can estimate the value of Shimmick Common from the perspective of Shimmick Common 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 Shimmick Common to buy its stock at a price that has no basis in reality. In that case, they are not buying Shimmick 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.
Shimmick Common after-hype prediction price | USD 2.68 |
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.
Shimmick |
Shimmick Common After-Hype Price Prediction Density Analysis
As far as predicting the price of Shimmick Common 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 Shimmick Common 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 Shimmick Common, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Shimmick Common Estimiated After-Hype Price Volatility
In the context of predicting Shimmick Common's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shimmick Common's historical news coverage. Shimmick Common's after-hype downside and upside margins for the prediction period are 0.13 and 8.13, respectively. We have considered Shimmick Common'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
Shimmick Common is very risky at this time. Analysis and calculation of next after-hype price of Shimmick Common is based on 3 months time horizon.
Shimmick Common Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Shimmick Common is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shimmick Common 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 Shimmick Common, 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 |
0.27 | 5.45 | 0.06 | 0.15 | 7 Events / Month | 5 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.74 | 2.68 | 2.19 |
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Shimmick Common Hype Timeline
Shimmick Common is at this time traded for 2.74. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of -0.15. Shimmick is forecasted to decline in value after the next headline, with the price expected to drop to 2.68. 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 -2.19%, whereas the daily expected return is at this time at 0.27%. The volatility of related hype on Shimmick Common is about 960.35%, with the expected price after the next announcement by competition of 2.59. About 91.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 3.08. Shimmick Common had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Shimmick Common Basic Forecasting Models to cross-verify your projections.Shimmick Common Related Hype Analysis
Having access to credible news sources related to Shimmick Common's direct competition is more important than ever and may enhance your ability to predict Shimmick Common's future price movements. Getting to know how Shimmick Common'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 Shimmick Common may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MMSI | Merit Medical Systems | (0.47) | 9 per month | 0.00 | (0.04) | 2.03 | (1.93) | 7.20 | |
| VRRM | Verra Mobility Corp | (0.11) | 10 per month | 0.00 | (0.13) | 2.49 | (2.88) | 14.00 | |
| SCL | Stepan Company | (0.11) | 9 per month | 0.00 | (0.11) | 2.04 | (2.72) | 13.51 | |
| AMGN | Amgen Inc | (4.12) | 8 per month | 0.00 | (0.22) | 1.85 | (4.16) | 9.43 | |
| SNCY | Sun Country Airlines | (0.05) | 9 per month | 2.55 | 0.13 | 7.47 | (3.87) | 16.71 | |
| COTY | Coty Inc | 0.15 | 10 per month | 0.00 | (0.17) | 3.48 | (2.91) | 15.90 | |
| GZITF | Yuexiu Transport Infrastructure | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 26.67 | |
| RYAAY | Ryanair Holdings PLC | 0.17 | 8 per month | 0.00 | (0.04) | 3.10 | (3.02) | 8.49 |
Shimmick Common Additional Predictive Modules
Most predictive techniques to examine Shimmick price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shimmick using various technical indicators. When you analyze Shimmick 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Shimmick Common Predictive Indicators
The successful prediction of Shimmick Common 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 Shimmick Common, 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 Shimmick Common based on analysis of Shimmick Common hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Shimmick Common's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Shimmick Common's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 99.37 | 75.47 | 67.93 | 74.33 | PTB Ratio | 3.5 | 3.1 | 3.56 | 3.29 |
Story Coverage note for Shimmick Common
The number of cover stories for Shimmick Common depends on current market conditions and Shimmick Common's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shimmick Common 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 Shimmick Common'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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Latest Perspective From Macroaxis
Shimmick Common Short Properties
Shimmick Common's future price predictability will typically decrease when Shimmick Common's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Shimmick Common often depends not only on the future outlook of the potential Shimmick Common'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. Shimmick Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.4 M | |
| Cash And Short Term Investments | 62.9 M |
Check out Shimmick Common Basic Forecasting Models to cross-verify your projections. To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 21.127 | Quarterly Revenue Growth (0.42) | Return On Assets (0.15) | Return On Equity (4.02) |
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.