Recon Technology Stock Price Prediction
| RCON Stock | USD 0.1 0 1.20% |
Oversold Vs Overbought
44
Oversold | Overbought |
Recon Technology stock price prediction is an act of determining the future value of Recon Technology shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Recon Technology'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 Recon Technology and does not consider all of the tangible or intangible factors available from Recon Technology's fundamental data. We analyze noise-free headlines and recent hype associated with Recon Technology, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Recon Technology's stock price prediction:EPS Estimate Current Year (0.21) | EPS Estimate Next Year (0.11) | Wall Street Target Price 2.01 | Quarterly Revenue Growth (0.27) |
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 Recon Technology based on different types of headlines from major news networks to social media. The Recon stock price prediction module provides an analysis of price elasticity to changes in media outlook on Recon Technology over a specific investment horizon. Using Recon Technology hype-based prediction, you can estimate the value of Recon Technology from the perspective of Recon Technology response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Recon Technology using Recon Technology's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Recon using crowd psychology based on the activity and movement of Recon Technology's stock price.
Recon Technology Implied Volatility | 0.0 |
Recon Technology's implied volatility exposes the market's sentiment of Recon Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Recon Technology's 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 Recon Technology stock will not fluctuate a lot when Recon Technology's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Recon Technology. 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 Recon Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Recon 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.
Recon Technology after-hype prediction price | USD 0.1 |
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.
Recon |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Recon Technology'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.
Recon Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Recon Technology 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 Recon Technology 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 Recon Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Recon Technology Estimiated After-Hype Price Volatility
In the context of predicting Recon Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Recon Technology's historical news coverage. Recon Technology's after-hype downside and upside margins for the prediction period are 0.01 and 6.63, respectively. We have considered Recon Technology'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
Recon Technology is out of control at this time. Analysis and calculation of next after-hype price of Recon Technology is based on 3 months time horizon.
Recon Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Recon Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Recon Technology 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 Recon Technology, 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 |
1.06 | 6.53 | 0.00 | 0.23 | 8 Events / Month | 1 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.1 | 0.10 | 1.63 |
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Recon Technology Hype Timeline
Recon Technology is at this time traded for 0.1. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.23. Recon is estimated to increase in value after the next headline, with the price projected to jump to 0.1 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is projected to be 1.63%, whereas the daily expected return is at this time at -1.06%. The volatility of related hype on Recon Technology is about 3037.21%, with the expected price after the next announcement by competition of 0.33. The company reported the previous year's revenue of 67.11 M. Net Loss for the year was (61.48 M) with profit before overhead, payroll, taxes, and interest of 19.42 M. Given the investment horizon of 90 days the next estimated press release will be in about 8 days. Check out Recon Technology Basic Forecasting Models to cross-verify your projections.Recon Technology Related Hype Analysis
Having access to credible news sources related to Recon Technology's direct competition is more important than ever and may enhance your ability to predict Recon Technology's future price movements. Getting to know how Recon Technology'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 Recon Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MRC | MRC Global | 0.28 | 11 per month | 1.22 | 0.08 | 2.38 | (2.05) | 16.54 | |
| XPRO | Expro Group Holdings | 0.15 | 10 per month | 1.95 | 0.06 | 3.33 | (3.07) | 10.56 |
Recon Technology Additional Predictive Modules
Most predictive techniques to examine Recon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Recon using various technical indicators. When you analyze Recon 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 Recon Technology Predictive Indicators
The successful prediction of Recon Technology 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 Recon Technology, 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 Recon Technology based on analysis of Recon Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Recon Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Recon Technology's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.002849 | 0.002533 | Price To Sales Ratio | 1.12 | 0.63 |
Story Coverage note for Recon Technology
The number of cover stories for Recon Technology depends on current market conditions and Recon Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Recon Technology 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 Recon Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Recon Technology Short Properties
Recon Technology's future price predictability will typically decrease when Recon Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Recon Technology often depends not only on the future outlook of the potential Recon Technology'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. Recon Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.9 M | |
| Cash And Short Term Investments | 288.3 M |
Check out Recon Technology Basic Forecasting Models to cross-verify your projections. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Recon Stock analysis
When running Recon Technology's price analysis, check to measure Recon Technology'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 Recon Technology is operating at the current time. Most of Recon Technology's value examination focuses on studying past and present price action to predict the probability of Recon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recon Technology's price. Additionally, you may evaluate how the addition of Recon Technology to your portfolios can decrease your overall portfolio volatility.
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Is Recon Technology's 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 Recon Technology. If investors know Recon 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 Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Revenue Per Share 1.978 | Quarterly Revenue Growth (0.27) | Return On Assets (0.08) | Return On Equity (0.14) |
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology's 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 Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology's 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 Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology'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.