Exact Sciences Stock Price Prediction

EXAS Stock  USD 69.06  2.18  3.26%   
At this time, the RSI of EXACT Sciences' share price is approaching 43 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling EXACT Sciences, making its price go up or down.

Oversold Vs Overbought

43

 
Oversold
 
Overbought
EXACT Sciences stock price prediction is an act of determining the future value of EXACT Sciences shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of EXACT Sciences' 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 EXACT Sciences and does not consider all of the tangible or intangible factors available from EXACT Sciences' fundamental data. We analyze noise-free headlines and recent hype associated with EXACT Sciences, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting EXACT Sciences' stock price prediction:
EPS Estimate Next Quarter
(0.38)
EPS Estimate Current Year
(0.83)
EPS Estimate Next Year
0.07
Wall Street Target Price
89.91
EPS Estimate Current Quarter
(0.46)
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 EXACT Sciences based on different types of headlines from major news networks to social media. The EXACT stock price prediction module provides an analysis of price elasticity to changes in media outlook on EXACT Sciences over a specific investment horizon. Using EXACT Sciences hype-based prediction, you can estimate the value of EXACT Sciences from the perspective of EXACT Sciences response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards EXACT Sciences using EXACT Sciences' stock options and short interest. It helps to benchmark the overall future attitude of investors towards EXACT using crowd psychology based on the activity and movement of EXACT Sciences' stock price.

EXACT Sciences Short Interest

A significant increase or decrease in EXACT Sciences' short interest from the previous month could be a good indicator of investor sentiment towards EXACT. Short interest can provide insight into the potential direction of EXACT Sciences stock and how bullish or bearish investors feel about the market overall. An investor who is long EXACT Sciences may also wish to track short interest. As short interest increases, investors should be becoming more worried about EXACT Sciences and may potentially protect profits, hedge EXACT Sciences with its derivative instruments, or be ready for some potential downside.
200 Day MA
72.7465
Short Percent
0.0362
Short Ratio
3
Shares Short Prior Month
M
50 Day MA
61.8856

EXACT Sciences Hype to Price Pattern

Investor biases related to EXACT Sciences' public news can be used to forecast risks associated with an investment in EXACT. The trend in average sentiment can be used to explain how an investor holding EXACT can time the market purely based on public headlines and social activities around EXACT Sciences. 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 EXACT Sciences' market sentiment to its price can help taders to make decisions based on the overall investors consensus about EXACT Sciences.

EXACT Sciences Implied Volatility

    
  77.99  
EXACT Sciences' implied volatility exposes the market's sentiment of EXACT Sciences stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EXACT Sciences' 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 EXACT Sciences stock will not fluctuate a lot when EXACT Sciences' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in EXACT Sciences. 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 EXACT Sciences to buy its stock at a price that has no basis in reality. In that case, they are not buying EXACT 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.

EXACT Sciences after-hype prediction price

    
  USD 69.06  
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 EXACT contract

Based on the Rule 16, the options market is currently suggesting that EXACT Sciences will have an average daily up or down price movement of about 4.87% per day over the life of the 2024-04-19 option contract. With EXACT Sciences trading at USD 69.06, that is roughly USD 3.37 . If you think that the market is fully incorporating EXACT Sciences' daily price movement you should consider acquiring EXACT Sciences options at the current volatility level of 77.99%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out EXACT Sciences Basic Forecasting Models to cross-verify your projections.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EXACT Sciences' 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
64.2867.0469.80
Details
Naive
Forecast
LowNextHigh
66.6269.3872.14
Details
23 Analysts
Consensus
LowTargetHigh
96.81106.38118.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.63-0.46-0.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EXACT Sciences. Your research has to be compared to or analyzed against EXACT Sciences' peers to derive any actionable benefits. When done correctly, EXACT Sciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EXACT Sciences.

EXACT Sciences After-Hype Price Prediction Density Analysis

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

EXACT Sciences Estimiated After-Hype Price Volatility

In the context of predicting EXACT Sciences' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on EXACT Sciences' historical news coverage. EXACT Sciences' after-hype downside and upside margins for the prediction period are 66.30 and 71.82, respectively. We have considered EXACT Sciences' 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
69.06
69.06
After-hype Price
71.82
Upside
EXACT Sciences is very steady at this time. Analysis and calculation of next after-hype price of EXACT Sciences is based on 3 months time horizon.

EXACT Sciences Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as EXACT Sciences is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EXACT Sciences 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 EXACT Sciences, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
2.79
  0.04 
  0.01 
9 Events / Month
6 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
69.06
69.06
0.00 
435.94  
Notes

EXACT Sciences Hype Timeline

EXACT Sciences is currently traded for 69.06. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.01. EXACT is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.07%. %. The volatility of related hype on EXACT Sciences is about 2472.15%, with the expected price after the next announcement by competition of 69.05. About 89.0% of the company shares are held by institutions such as insurance companies. The book value of EXACT Sciences was currently reported as 17.34. The company recorded a loss per share of 1.17. EXACT Sciences had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out EXACT Sciences Basic Forecasting Models to cross-verify your projections.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.

EXACT Sciences Related Hype Analysis

Having access to credible news sources related to EXACT Sciences' direct competition is more important than ever and may enhance your ability to predict EXACT Sciences' future price movements. Getting to know how EXACT Sciences rivals 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 EXACT Sciences may potentially react to the hype associated with one of its peers.

EXACT Sciences Additional Predictive Modules

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

The successful prediction of EXACT Sciences 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 EXACT Sciences, 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 EXACT Sciences based on analysis of EXACT Sciences hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to EXACT Sciences's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to EXACT Sciences's related companies.
 2021 2022 2023 (projected)
Dividend Yield0.0028120.01270.0114
Price To Sales Ratio7.554.195.33

Story Coverage note for EXACT Sciences

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

EXACT Sciences Short Properties

EXACT Sciences' future price predictability will typically decrease when EXACT Sciences' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of EXACT Sciences often depends not only on the future outlook of the potential EXACT Sciences' 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. EXACT Sciences' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding180.1 M
Cash And Short Term Investments777.6 M
When determining whether EXACT Sciences is a strong investment it is important to analyze EXACT Sciences' 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 EXACT Sciences' future performance. For an informed investment choice regarding EXACT Stock, refer to the following important reports:
Check out EXACT Sciences Basic Forecasting Models to cross-verify your projections.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.
Note that the EXACT Sciences information on this page should be used as a complementary analysis to other EXACT Sciences' 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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When running EXACT Sciences' price analysis, check to measure EXACT Sciences' 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 EXACT Sciences is operating at the current time. Most of EXACT Sciences' value examination focuses on studying past and present price action to predict the probability of EXACT Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EXACT Sciences' price. Additionally, you may evaluate how the addition of EXACT Sciences to your portfolios can decrease your overall portfolio volatility.
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Is EXACT Sciences' 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 EXACT Sciences. If investors know EXACT 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 EXACT Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Revenue Per Share
13.876
Quarterly Revenue Growth
0.17
Return On Assets
(0.03)
Return On Equity
(0.07)
The market value of EXACT Sciences is measured differently than its book value, which is the value of EXACT that is recorded on the company's balance sheet. Investors also form their own opinion of EXACT Sciences' value that differs from its market value or its book value, called intrinsic value, which is EXACT Sciences' 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 EXACT Sciences' market value can be influenced by many factors that don't directly affect EXACT Sciences' 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 EXACT Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if EXACT Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EXACT Sciences' 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.