Enact Holdings Etf Price Prediction
| ACT Etf | USD 29.48 0.20 0.68% |
Oversold Vs Overbought
64
Oversold | Overbought |
Enact Holdings etf price prediction is an act of determining the future value of Enact Holdings shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Enact Holdings' 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 Enact Holdings and does not consider all of the tangible or intangible factors available from Enact Holdings' fundamental data. We analyze noise-free headlines and recent hype associated with Enact Holdings, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Enact Holdings' stock price prediction:Quarterly Earnings Growth 0.113 | EPS Estimate Next Quarter 0.91 | EPS Estimate Current Year 3.79 | EPS Estimate Next Year 3.92 | Wall Street Target Price 33.6 |
It is a matter of debate whether etf price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Enact Holdings based on different types of headlines from major news networks to social media. The Enact price prediction module provides an analysis of price elasticity to changes in media outlook on Enact Holdings over a specific investment horizon. Using Enact Holdings hype-based prediction, you can estimate the value of Enact Holdings from the perspective of Enact Holdings response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Enact Holdings using Enact Holdings' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Enact using crowd psychology based on the activity and movement of Enact Holdings' stock price.
Enact Holdings Implied Volatility | 0.0 |
Enact Holdings' implied volatility exposes the market's sentiment of Enact Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Enact Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Enact Holdings stock will not fluctuate a lot when Enact Holdings' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Enact Holdings. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Enact Holdings to buy its etf at a price that has no basis in reality. In that case, they are not buying Enact 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 etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Enact Holdings after-hype prediction price | USD 29.45 |
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 etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Enact |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enact Holdings' 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.
Enact Holdings After-Hype Price Prediction Density Analysis
As far as predicting the price of Enact Holdings 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 Enact Holdings 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 Etf prices, such as prices of Enact Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Enact Holdings Estimiated After-Hype Price Volatility
In the context of predicting Enact Holdings' etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Enact Holdings' historical news coverage. Enact Holdings' after-hype downside and upside margins for the prediction period are 28.20 and 30.70, respectively. We have considered Enact Holdings' 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
Enact Holdings is very steady at this time. Analysis and calculation of next after-hype price of Enact Holdings is based on 3 months time horizon.
Enact Holdings Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Enact Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enact Holdings 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 Etf 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 Enact Holdings, 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 |
0.07 | 1.25 | 0.03 | 0.00 | 11 Events / Month | 7 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
29.48 | 29.45 | 0.10 |
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Enact Holdings Hype Timeline
On the 19th of April Enact Holdings is traded for 29.48. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. Enact is forecasted to decline in value after the next headline, with the price expected to drop to 29.45. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.1%, whereas the daily expected return is presently at 0.07%. The volatility of related hype on Enact Holdings is about 2450.98%, with the expected price after the next announcement by competition of 29.48. About 82.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.01. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enact Holdings last dividend was issued on the 27th of February 2024. The entity had 2:1 split on the October 30, 1997. Considering the 90-day investment horizon the next forecasted press release will be in about 11 days. Check out Enact Holdings Basic Forecasting Models to cross-verify your projections.Enact Holdings Related Hype Analysis
Having access to credible news sources related to Enact Holdings' direct competition is more important than ever and may enhance your ability to predict Enact Holdings' future price movements. Getting to know how Enact Holdings' 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 Enact Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGO | Assured Guaranty | (0.26) | 13 per month | 1.29 | (0.02) | 2.17 | (2.09) | 14.51 | |
| AMSF | AMERISAFE | 0.27 | 10 per month | 0.94 | 0.04 | 2.32 | (1.51) | 5.30 | |
| MBI | MBIA Inc | 0.13 | 8 per month | 2.32 | 0.06 | 5.43 | (4.05) | 16.58 | |
| ICCH | ICC Holdings | 0.00 | 6 per month | 1.07 | 0.01 | 3.16 | (2.90) | 9.23 | |
| AMBC | Ambac Financial Group | (0.04) | 11 per month | 0.00 | (0.10) | 3.12 | (4.21) | 10.03 | |
| EIG | Employers Holdings | (0.65) | 10 per month | 0.69 | 0.08 | 2.15 | (1.55) | 5.48 | |
| JRVR | James River Group | (0.18) | 12 per month | 4.17 | 0.04 | 5.62 | (3.85) | 24.31 | |
| MTG | MGIC Investment Corp | 0.11 | 10 per month | 1.51 | (0.01) | 2.09 | (2.22) | 10.93 | |
| NMIH | NMI Holdings | 0.24 | 11 per month | 1.40 | (0.03) | 2.33 | (2.30) | 7.15 | |
| RDN | Radian Group | (0.13) | 9 per month | 1.63 | 0 | 2.47 | (2.56) | 11.46 |
Enact Holdings Additional Predictive Modules
Most predictive techniques to examine Enact price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Enact using various technical indicators. When you analyze Enact 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 Enact Holdings Predictive Indicators
The successful prediction of Enact Holdings 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 Enact 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 Enact Holdings based on analysis of Enact Holdings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Enact Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Enact Holdings's related companies. Story Coverage note for Enact Holdings
The number of cover stories for Enact Holdings depends on current market conditions and Enact Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Enact Holdings 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 Enact Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Enact Holdings Short Properties
Enact Holdings' future price predictability will typically decrease when Enact Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Enact Holdings often depends not only on the future outlook of the potential Enact Holdings' 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. Enact Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161.8 M | |
| Cash And Short Term Investments | 5.9 B |
Check out Enact Holdings Basic Forecasting Models to cross-verify your projections. For more information on how to buy Enact Etf please use our How to Invest in Enact Holdings guide.Note that the Enact Holdings information on this page should be used as a complementary analysis to other Enact Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Enact Holdings is measured differently than its book value, which is the value of Enact that is recorded on the company's balance sheet. Investors also form their own opinion of Enact Holdings' value that differs from its market value or its book value, called intrinsic value, which is Enact Holdings' 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 Enact Holdings' market value can be influenced by many factors that don't directly affect Enact Holdings' 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 Enact Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enact Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enact Holdings' 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.