Ppg Industries Stock Price Prediction
| PPG Stock | USD 130.40 0.03 0.02% |
Oversold Vs Overbought
41
Oversold | Overbought |
PPG Industries stock price prediction is an act of determining the future value of PPG Industries shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of PPG Industries' 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 PPG Industries and does not consider all of the tangible or intangible factors available from PPG Industries' fundamental data. We analyze noise-free headlines and recent hype associated with PPG Industries, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting PPG Industries' stock price prediction:Quarterly Earnings Growth 0.523 | EPS Estimate Next Quarter 2.55 | EPS Estimate Current Year 8.45 | EPS Estimate Next Year 9.34 | Wall Street Target Price 157.62 |
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 PPG Industries based on different types of headlines from major news networks to social media. The PPG stock price prediction module provides an analysis of price elasticity to changes in media outlook on PPG Industries over a specific investment horizon. Using PPG Industries hype-based prediction, you can estimate the value of PPG Industries from the perspective of PPG Industries response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards PPG Industries using PPG Industries' stock options and short interest. It helps to benchmark the overall future attitude of investors towards PPG using crowd psychology based on the activity and movement of PPG Industries' stock price.
PPG Industries Short Interest
A significant increase or decrease in PPG Industries' short interest from the previous month could be a good indicator of investor sentiment towards PPG. Short interest can provide insight into the potential direction of PPG Industries stock and how bullish or bearish investors feel about the market overall. An investor who is long PPG Industries may also wish to track short interest. As short interest increases, investors should be becoming more worried about PPG Industries and may potentially protect profits, hedge PPG Industries with its derivative instruments, or be ready for some potential downside.
200 Day MA 138.896 | Short Percent 0.0197 | Short Ratio 2.31 | Shares Short Prior Month 3.6 M | 50 Day MA 139.856 |
PPG Industries Hype to Price Pattern
Investor biases related to PPG Industries' public news can be used to forecast risks associated with an investment in PPG. The trend in average sentiment can be used to explain how an investor holding PPG can time the market purely based on public headlines and social activities around PPG Industries. 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 PPG Industries' market sentiment to its price can help taders to make decisions based on the overall investors consensus about PPG Industries.
PPG Industries Implied Volatility | 28.84 |
PPG Industries' implied volatility exposes the market's sentiment of PPG Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PPG Industries' 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 PPG Industries stock will not fluctuate a lot when PPG Industries' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in PPG Industries. 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 PPG Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying PPG 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.
PPG Industries after-hype prediction price | USD 130.43 |
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 PPG contract
Based on the Rule 16, the options market is currently suggesting that PPG Industries will have an average daily up or down price movement of about 1.8% per day over the life of the 2024-04-26 option contract. With PPG Industries trading at USD 130.4, that is roughly USD 2.35 . If you think that the market is fully incorporating PPG Industries' daily price movement you should consider acquiring PPG Industries options at the current volatility level of 28.84%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
PPG |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PPG Industries' 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.
PPG Industries After-Hype Price Prediction Density Analysis
As far as predicting the price of PPG Industries 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 PPG Industries 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 PPG Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PPG Industries Estimiated After-Hype Price Volatility
In the context of predicting PPG Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PPG Industries' historical news coverage. PPG Industries' after-hype downside and upside margins for the prediction period are 129.29 and 131.57, respectively. We have considered PPG Industries' 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
PPG Industries is very steady at this time. Analysis and calculation of next after-hype price of PPG Industries is based on 3 months time horizon.
PPG Industries Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PPG Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PPG Industries 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 PPG Industries, 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 |
0.13 | 1.14 | 0.09 | 0.29 | 9 Events / Month | 1 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
130.40 | 130.43 | 0.00 |
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PPG Industries Hype Timeline
On the 24th of April PPG Industries is traded for 130.40. The entity has historical hype elasticity of -0.09, and average elasticity to hype of competition of -0.29. PPG 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 about 162.86%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at -0.13%. %. The volatility of related hype on PPG Industries is about 50.67%, with the expected price after the next announcement by competition of 130.11. About 84.0% of the company shares are owned by institutional investors. The book value of PPG Industries was at this time reported as 33.86. The company has Price/Earnings To Growth (PEG) ratio of 1.16. PPG Industries recorded earning per share (EPS) of 5.93. The entity last dividend was issued on the 9th of May 2024. The firm had 2:1 split on the 15th of June 2015. Considering the 90-day investment horizon the next projected press release will be in about 9 days. Check out PPG Industries Basic Forecasting Models to cross-verify your projections.PPG Industries Related Hype Analysis
Having access to credible news sources related to PPG Industries' direct competition is more important than ever and may enhance your ability to predict PPG Industries' future price movements. Getting to know how PPG Industries' 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 PPG Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ECL | Ecolab Inc | (3.63) | 11 per month | 0.75 | 0.04 | 1.52 | (1.61) | 10.87 | |
| SHW | Sherwin Williams Co | (0.87) | 11 per month | 1.36 | (0.08) | 1.81 | (1.78) | 6.43 |
PPG Industries Additional Predictive Modules
Most predictive techniques to examine PPG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PPG using various technical indicators. When you analyze PPG 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 PPG Industries Predictive Indicators
The successful prediction of PPG Industries 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 PPG Industries, 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 PPG Industries based on analysis of PPG Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PPG Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PPG Industries's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0131 | 0.0192 | 0.0169 | 0.0281 | Price To Sales Ratio | 2.44 | 1.68 | 1.93 | 1.05 |
Story Coverage note for PPG Industries
The number of cover stories for PPG Industries depends on current market conditions and PPG Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PPG Industries 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 PPG Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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PPG Industries Short Properties
PPG Industries' future price predictability will typically decrease when PPG Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of PPG Industries often depends not only on the future outlook of the potential PPG Industries' 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. PPG Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 237.2 M | |
| Cash And Short Term Investments | 1.6 B |
Check out PPG Industries Basic Forecasting Models to cross-verify your projections. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for PPG Stock analysis
When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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Is PPG Industries' 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 PPG Industries. If investors know PPG 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 PPG Industries 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 0.523 | Dividend Share 2.57 | Earnings Share 5.93 | Revenue Per Share 77.038 | Quarterly Revenue Growth (0.02) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.