Canadian Solar Stock Price Prediction
| CSIQ Stock | USD 14.54 0.58 3.84% |
Oversold Vs Overbought
39
Oversold | Overbought |
Canadian Solar stock price prediction is an act of determining the future value of Canadian Solar shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Canadian Solar'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 Canadian Solar and does not consider all of the tangible or intangible factors available from Canadian Solar's fundamental data. We analyze noise-free headlines and recent hype associated with Canadian Solar, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Canadian Solar's stock price prediction:Quarterly Earnings Growth (0.71) | EPS Estimate Next Quarter 0.47 | EPS Estimate Current Year 3.43 | EPS Estimate Next Year 4.95 | Wall Street Target Price 31.55 |
It is a matter of debate whether stock 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 Canadian Solar based on different types of headlines from major news networks to social media. The Canadian stock price prediction module provides an analysis of price elasticity to changes in media outlook on Canadian Solar over a specific investment horizon. Using Canadian Solar hype-based prediction, you can estimate the value of Canadian Solar from the perspective of Canadian Solar response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Canadian Solar using Canadian Solar's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Canadian using crowd psychology based on the activity and movement of Canadian Solar's stock price.
Canadian Solar Short Interest
A significant increase or decrease in Canadian Solar's short interest from the previous month could be a good indicator of investor sentiment towards Canadian. Short interest can provide insight into the potential direction of Canadian Solar stock and how bullish or bearish investors feel about the market overall. An investor who is long Canadian Solar may also wish to track short interest. As short interest increases, investors should be becoming more worried about Canadian Solar and may potentially protect profits, hedge Canadian Solar with its derivative instruments, or be ready for some potential downside.
200 Day MA 24.7369 | Short Percent 0.1343 | Short Ratio 5.04 | Shares Short Prior Month 6.9 M | 50 Day MA 19.9816 |
Canadian Solar Hype to Price Pattern
Investor biases related to Canadian Solar's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Solar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Canadian Solar's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Canadian Solar.
Canadian Solar Implied Volatility | 130.18 |
Canadian Solar's implied volatility exposes the market's sentiment of Canadian Solar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canadian Solar's 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 Canadian Solar stock will not fluctuate a lot when Canadian Solar's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Canadian Solar. 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 Canadian Solar to buy its stock at a price that has no basis in reality. In that case, they are not buying Canadian 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.
Canadian Solar after-hype prediction price | USD 15.58 |
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.
Prediction based on Rule 16 of the current Canadian contract
Based on the Rule 16, the options market is currently suggesting that Canadian Solar will have an average daily up or down price movement of about 8.14% per day over the life of the 2024-04-19 option contract. With Canadian Solar trading at USD 14.54, that is roughly USD 1.18 . If you think that the market is fully incorporating Canadian Solar's daily price movement you should consider acquiring Canadian Solar options at the current volatility level of 130.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Canadian |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Solar'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.
Canadian Solar After-Hype Price Prediction Density Analysis
As far as predicting the price of Canadian Solar 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 Canadian Solar 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 Canadian Solar, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canadian Solar Estimiated After-Hype Price Volatility
In the context of predicting Canadian Solar's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canadian Solar's historical news coverage. Canadian Solar's after-hype downside and upside margins for the prediction period are 11.74 and 19.42, respectively. We have considered Canadian Solar'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
Canadian Solar is not too volatile at this time. Analysis and calculation of next after-hype price of Canadian Solar is based on 3 months time horizon.
Canadian Solar Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Canadian Solar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Solar 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 Canadian Solar, 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 |
0.42 | 3.87 | 0.54 | 0.17 | 12 Events / Month | 1 Events / Month | In about 12 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
14.54 | 15.58 | 3.04 |
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Canadian Solar Hype Timeline
Canadian Solar is currently traded for 14.54. The entity has historical hype elasticity of 0.54, and average elasticity to hype of competition of -0.17. Canadian is forecasted to increase in value after the next headline, with the price projected to jump to 15.58 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 projected to be 3.04%, whereas the daily expected return is currently at -0.42%. The volatility of related hype on Canadian Solar is about 979.75%, with the expected price after the next announcement by competition of 14.37. The company currently holds 4.48 B in liabilities with Debt to Equity (D/E) ratio of 1.21, which is about average as compared to similar companies. Given the investment horizon of 90 days the next forecasted press release will be in about 12 days. Check out Canadian Solar Basic Forecasting Models to cross-verify your projections.Canadian Solar Related Hype Analysis
Having access to credible news sources related to Canadian Solar's direct competition is more important than ever and may enhance your ability to predict Canadian Solar's future price movements. Getting to know how Canadian Solar'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 Canadian Solar may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RUN | Sunrun Inc | (0.44) | 9 per month | 0.00 | (0.07) | 9.60 | (8.16) | 28.48 | |
| NOVA | Sunnova Energy International | (0.35) | 6 per month | 0.00 | (0.18) | 11.49 | (11.79) | 40.80 |
Canadian Solar Additional Predictive Modules
Most predictive techniques to examine Canadian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canadian using various technical indicators. When you analyze Canadian 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 Canadian Solar Predictive Indicators
The successful prediction of Canadian Solar 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 Canadian Solar, 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 Canadian Solar based on analysis of Canadian Solar hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canadian Solar's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canadian Solar's related companies. | 2020 | 2024 (projected) | Dividend Yield | 0.0122 | 0.0116 | Price To Sales Ratio | 0.88 | 0.21 |
Story Coverage note for Canadian Solar
The number of cover stories for Canadian Solar depends on current market conditions and Canadian Solar's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canadian Solar 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 Canadian Solar'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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Canadian Solar Short Properties
Canadian Solar's future price predictability will typically decrease when Canadian Solar's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canadian Solar often depends not only on the future outlook of the potential Canadian Solar'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. Canadian Solar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.2 M | |
| Cash And Short Term Investments | 2.9 B |
Check out Canadian Solar Basic Forecasting Models to cross-verify your projections. To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Solar's industry 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 Canadian Solar. If investors know Canadian 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 Canadian Solar 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 (0.71) | Earnings Share 4.99 | Revenue Per Share 116.461 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0271 |
The market value of Canadian Solar is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Solar's value that differs from its market value or its book value, called intrinsic value, which is Canadian Solar'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 Canadian Solar's market value can be influenced by many factors that don't directly affect Canadian Solar'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 Canadian Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Solar'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.