Faro Technologies Stock Price Prediction
| FARO Stock | USD 18.62 0.38 2.00% |
Oversold Vs Overbought
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Oversold | Overbought |
FARO Technologies stock price prediction is an act of determining the future value of FARO Technologies shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of FARO Technologies' 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 FARO Technologies and does not consider all of the tangible or intangible factors available from FARO Technologies' fundamental data. We analyze noise-free headlines and recent hype associated with FARO Technologies, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting FARO Technologies' stock price prediction:EPS Estimate Next Quarter (0.10) | EPS Estimate Current Year 0.54 | EPS Estimate Next Year 1.04 | Wall Street Target Price 28 | EPS Estimate Current Quarter 0.21 |
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 FARO Technologies based on different types of headlines from major news networks to social media. The FARO stock price prediction module provides an analysis of price elasticity to changes in media outlook on FARO Technologies over a specific investment horizon. Using FARO Technologies hype-based prediction, you can estimate the value of FARO Technologies from the perspective of FARO Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards FARO Technologies using FARO Technologies' stock options and short interest. It helps to benchmark the overall future attitude of investors towards FARO using crowd psychology based on the activity and movement of FARO Technologies' stock price.
FARO Technologies Implied Volatility | 63.2 |
FARO Technologies' implied volatility exposes the market's sentiment of FARO Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if FARO Technologies' 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 FARO Technologies stock will not fluctuate a lot when FARO Technologies' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in FARO Technologies. 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 FARO Technologies to buy its stock at a price that has no basis in reality. In that case, they are not buying FARO 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.
FARO Technologies after-hype prediction price | USD 19.0 |
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.
FARO |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FARO Technologies' 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.
FARO Technologies After-Hype Price Prediction Density Analysis
As far as predicting the price of FARO Technologies 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 FARO Technologies 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 FARO Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
FARO Technologies Estimiated After-Hype Price Volatility
In the context of predicting FARO Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on FARO Technologies' historical news coverage. FARO Technologies' after-hype downside and upside margins for the prediction period are 16.60 and 21.40, respectively. We have considered FARO Technologies' 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
FARO Technologies is not too volatile at this time. Analysis and calculation of next after-hype price of FARO Technologies is based on 3 months time horizon.
FARO Technologies Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as FARO Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading FARO Technologies 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 FARO Technologies, 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 |
0.24 | 2.40 | 0.00 | 0.17 | 12 Events / Month | 4 Events / Month | In about 12 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.62 | 19.00 | 0.00 |
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FARO Technologies Hype Timeline
FARO Technologies is currently traded for 18.62. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.17. FARO is projected 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 projected to be very small, whereas the daily expected return is currently at -0.24%. %. The volatility of related hype on FARO Technologies is about 336.0%, with the expected price after the next announcement by competition of 18.45. About 100.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. FARO Technologies recorded a loss per share of 2.99. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 12 days. Check out FARO Technologies Basic Forecasting Models to cross-verify your projections.FARO Technologies Related Hype Analysis
Having access to credible news sources related to FARO Technologies' direct competition is more important than ever and may enhance your ability to predict FARO Technologies' future price movements. Getting to know how FARO Technologies' 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 FARO Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ESE | ESCO Technologies | (1.24) | 8 per month | 1.78 | (0.02) | 2.57 | (2.61) | 8.36 | |
| MLAB | Mesa Laboratories | 1.05 | 9 per month | 3.17 | 0.06 | 5.64 | (4.69) | 18.59 | |
| VPG | Vishay Precision Group | (0.51) | 8 per month | 1.64 | 0.02 | 2.58 | (2.54) | 14.50 | |
| ST | Sensata Technologies Holding | 0.65 | 11 per month | 2.29 | (0.04) | 2.25 | (3.17) | 12.97 | |
| SOTK | Sono Tek Corp | (0.16) | 9 per month | 0.00 | (0.21) | 3.95 | (4.55) | 12.88 | |
| NOVT | Novanta | (3.48) | 8 per month | 2.21 | (0.02) | 3.19 | (3.79) | 10.33 | |
| FTV | Fortive Corp | (1.31) | 10 per month | 0.63 | 0.07 | 1.61 | (1.29) | 6.80 |
FARO Technologies Additional Predictive Modules
Most predictive techniques to examine FARO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for FARO using various technical indicators. When you analyze FARO 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 FARO Technologies Predictive Indicators
The successful prediction of FARO Technologies 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 FARO Technologies, 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 FARO Technologies based on analysis of FARO Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to FARO Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to FARO Technologies's related companies. | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.001475 | 0.001696 | 0.001611 | Price To Sales Ratio | 3.77 | 1.19 | 1.13 |
Story Coverage note for FARO Technologies
The number of cover stories for FARO Technologies depends on current market conditions and FARO Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that FARO Technologies 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 FARO Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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FARO Technologies Short Properties
FARO Technologies' future price predictability will typically decrease when FARO Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of FARO Technologies often depends not only on the future outlook of the potential FARO Technologies' 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. FARO Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.9 M | |
| Cash And Short Term Investments | 96.3 M |
Check out FARO Technologies Basic Forecasting Models to cross-verify your projections. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for FARO Stock analysis
When running FARO Technologies' price analysis, check to measure FARO Technologies' 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 FARO Technologies is operating at the current time. Most of FARO Technologies' value examination focuses on studying past and present price action to predict the probability of FARO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FARO Technologies' price. Additionally, you may evaluate how the addition of FARO Technologies to your portfolios can decrease your overall portfolio volatility.
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Is FARO Technologies' 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 FARO Technologies. If investors know FARO 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 FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.99) | Revenue Per Share 18.968 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) | Return On Equity (0.20) |
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' 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 FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' 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 FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.