Finning International Stock Price Prediction

FTT Stock  CAD 40.08  1.89  4.95%   
As of today, The relative strength index (RSI) of Finning International's share price is at 54. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Finning International, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
Finning International stock price prediction is an act of determining the future value of Finning International shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Finning International'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 Finning International and does not consider all of the tangible or intangible factors available from Finning International's fundamental data. We analyze noise-free headlines and recent hype associated with Finning International, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Finning International's stock price prediction:
Quarterly Earnings Growth
(0.34)
EPS Estimate Next Quarter
0.89
EPS Estimate Current Year
3.94
EPS Estimate Next Year
4.16
Wall Street Target Price
47
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 Finning International based on different types of headlines from major news networks to social media. The Finning stock price prediction module provides an analysis of price elasticity to changes in media outlook on Finning International over a specific investment horizon. Using Finning International hype-based prediction, you can estimate the value of Finning International from the perspective of Finning International response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Finning International. 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 Finning International to buy its stock at a price that has no basis in reality. In that case, they are not buying Finning 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.

Finning International after-hype prediction price

    
  CAD 40.05  
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.
  
Check out Finning International Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Finning International'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.
Intrinsic
Valuation
LowRealHigh
36.6538.6840.71
Details
Naive
Forecast
LowNextHigh
36.8638.8940.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.810.850.91
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Finning International. Your research has to be compared to or analyzed against Finning International's peers to derive any actionable benefits. When done correctly, Finning International's 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 Finning International.

Finning International After-Hype Price Prediction Density Analysis

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

Finning International Estimiated After-Hype Price Volatility

In the context of predicting Finning International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Finning International's historical news coverage. Finning International's after-hype downside and upside margins for the prediction period are 38.02 and 42.08, respectively. We have considered Finning International'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
40.08
40.05
After-hype Price
42.08
Upside
Finning International is very steady at this time. Analysis and calculation of next after-hype price of Finning International is based on 3 months time horizon.

Finning International Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Finning International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Finning International 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 Finning International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
2.03
  0.03 
  0.05 
4 Events / Month
1 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
40.08
40.05
0.07 
751.85  
Notes

Finning International Hype Timeline

Finning International is currently traded for 40.08on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.05. Finning is anticipated to decline in value after the next headline, with the price expected to drop to 40.05. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -0.07%, whereas the daily expected return is currently at 0.1%. The volatility of related hype on Finning International is about 448.26%, with the expected price after the next announcement by competition of 40.13. About 41.0% of the company shares are owned by institutional investors. The book value of Finning International was currently reported as 17.46. The company has Price/Earnings To Growth (PEG) ratio of 2.41. Finning International last dividend was issued on the 21st of February 2024. The entity had 2:1 split on the 28th of May 2007. Assuming the 90 days trading horizon the next anticipated press release will be in about 4 days.
Check out Finning International Basic Forecasting Models to cross-verify your projections.

Finning International Related Hype Analysis

Having access to credible news sources related to Finning International's direct competition is more important than ever and may enhance your ability to predict Finning International's future price movements. Getting to know how Finning International 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 Finning International may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TIHToromont Industries 1.07 4 per month 0.60  0.06  1.63 (1.02) 6.50 
WJXWajax 1.40 3 per month 1.65  0.05  2.21 (2.16) 10.02 
TRIThomson Reuters Corp 1.18 10 per month 0.58  0.04  1.70 (1.02) 6.82 
KBLK Bro Linen(0.67)6 per month 1.24  0.02  1.66 (2.09) 9.01 
EFNElement Fleet Management 0.13 5 per month 1.04 (0.05) 1.88 (1.71) 5.50 
BDTBird Construction(0.09)8 per month 1.14  0.14  2.71 (2.27) 10.85 
MTLMullen Group 0.15 6 per month 1.24 (0.02) 2.10 (1.75) 9.09 

Finning International Additional Predictive Modules

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

The successful prediction of Finning International 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 Finning International, 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 Finning International based on analysis of Finning International hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Finning International's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Finning International's related companies.
 2021 2022 2023 (projected)
Dividend Yield0.02710.02760.0258
Price To Sales Ratio0.70.560.54

Story Coverage note for Finning International

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Finning International Short Properties

Finning International's future price predictability will typically decrease when Finning International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Finning International often depends not only on the future outlook of the potential Finning International'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. Finning International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding144 M
Check out Finning International Basic Forecasting Models to cross-verify your projections.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Finning Stock analysis

When running Finning International's price analysis, check to measure Finning International'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 Finning International is operating at the current time. Most of Finning International's value examination focuses on studying past and present price action to predict the probability of Finning International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finning International's price. Additionally, you may evaluate how the addition of Finning International to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Money Managers
Screen money managers from public funds and ETFs managed around the world
Stocks Directory
Find actively traded stocks across global markets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Please note, there is a significant difference between Finning International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finning International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finning International'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.