Photocure (Norway) Price Prediction
PHO Stock | NOK 53.90 0.10 0.19% |
Oversold Vs Overbought
50
Oversold | Overbought |
Photocure stock price prediction is an act of determining the future value of Photocure shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Photocure'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 Photocure and does not consider all of the tangible or intangible factors available from Photocure's fundamental data. We analyze noise-free headlines and recent hype associated with Photocure, which may create opportunities for some arbitrage if properly timed.
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 Photocure based on different types of headlines from major news networks to social media. The Photocure stock price prediction module provides an analysis of price elasticity to changes in media outlook on Photocure over a specific investment horizon. Using Photocure hype-based prediction, you can estimate the value of Photocure from the perspective of Photocure 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 Photocure. 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 Photocure to buy its stock at a price that has no basis in reality. In that case, they are not buying Photocure 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.
Photocure after-hype prediction price | NOK 53.9 |
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.
Photocure |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Photocure'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.
Photocure After-Hype Price Prediction Density Analysis
As far as predicting the price of Photocure 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 Photocure 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 Photocure, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Photocure Estimiated After-Hype Price Volatility
In the context of predicting Photocure's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Photocure's historical news coverage. Photocure's after-hype downside and upside margins for the prediction period are 51.41 and 56.39, respectively. We have considered Photocure'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
Photocure is very steady at this time. Analysis and calculation of next after-hype price of Photocure is based on 3 months time horizon.
Photocure Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Photocure is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Photocure 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 Photocure, 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 |
0.36 | 2.49 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
53.90 | 53.90 | 0.00 |
|
Photocure Hype Timeline
Photocure is at this time traded for 53.90on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Photocure is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at -0.36%. %. The volatility of related hype on Photocure is about 0.0%, with the expected price after the next announcement by competition of 53.90. About 49.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 2.53. Photocure last dividend was issued on the 23rd of May 2013. The entity had 515:504 split on the 25th of January 2006. Assuming the 90 days trading horizon the next estimated press release will be within a week. Check out Photocure Basic Forecasting Models to cross-verify your projections.Photocure Related Hype Analysis
Having access to credible news sources related to Photocure's direct competition is more important than ever and may enhance your ability to predict Photocure's future price movements. Getting to know how Photocure'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 Photocure may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
EQNR | Equinor ASA | 0.00 | 0 per month | 1.80 | (0.02) | 2.28 | (2.09) | 10.29 | |
DNB | DnB ASA | 0.00 | 0 per month | 0.00 | (0.09) | 1.35 | (2.16) | 4.63 | |
TEL | Telenor ASA | 0.00 | 0 per month | 0.00 | (0.09) | 1.62 | (1.23) | 3.31 | |
AKRBP | Aker BP ASA | 0.00 | 0 per month | 1.19 | 0.01 | 2.32 | (2.12) | 7.23 | |
SRBNK | Sparebank 1 SR | 0.00 | 0 per month | 1.12 | (0.02) | 1.28 | (1.62) | 6.48 | |
YAR | Yara International ASA | 0.00 | 0 per month | 0.00 | (0.05) | 2.44 | (2.08) | 8.15 | |
NHY | Norsk Hydro ASA | 0.00 | 0 per month | 1.39 | 0.07 | 5.13 | (2.85) | 10.81 | |
SVEG | Sparebanken Vest | 0.00 | 0 per month | 0.91 | 0.10 | 1.98 | (1.12) | 11.22 | |
ADE | Adevinta ASA | 0.00 | 0 per month | 0.38 | (0.13) | 0.62 | (0.52) | 2.53 | |
VAR | Var Energi ASA | 0.00 | 0 per month | 1.42 | 0.19 | 3.12 | (2.71) | 6.98 |
Photocure Additional Predictive Modules
Most predictive techniques to examine Photocure price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Photocure using various technical indicators. When you analyze Photocure 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 Photocure Predictive Indicators
The successful prediction of Photocure 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 Photocure, 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 Photocure based on analysis of Photocure hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Photocure's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Photocure's related companies. Story Coverage note for Photocure
The number of cover stories for Photocure depends on current market conditions and Photocure's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Photocure 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 Photocure'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
Story Categories
Currently Trending Categories
Photocure Short Properties
Photocure's future price predictability will typically decrease when Photocure's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Photocure often depends not only on the future outlook of the potential Photocure'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. Photocure's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 79.9 M | |
Cash And Short Term Investments | 319 M |
Check out Photocure Basic Forecasting Models to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Photocure Stock analysis
When running Photocure's price analysis, check to measure Photocure'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 Photocure is operating at the current time. Most of Photocure's value examination focuses on studying past and present price action to predict the probability of Photocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photocure's price. Additionally, you may evaluate how the addition of Photocure to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |