Ross Stores Stock Price Prediction
| ROST Stock | USD 131.80 0.99 0.75% |
Oversold Vs Overbought
33
Oversold | Overbought |
Ross Stores stock price prediction is an act of determining the future value of Ross Stores shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Ross Stores' 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 Ross Stores and does not consider all of the tangible or intangible factors available from Ross Stores' fundamental data. We analyze noise-free headlines and recent hype associated with Ross Stores, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Ross Stores' stock price prediction:Quarterly Earnings Growth 0.401 | EPS Estimate Current Year 5.4 | EPS Estimate Next Year 5.91 | Wall Street Target Price 163.25 | EPS Estimate Current Quarter 1.65 |
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 Ross Stores based on different types of headlines from major news networks to social media. The Ross stock price prediction module provides an analysis of price elasticity to changes in media outlook on Ross Stores over a specific investment horizon. Using Ross Stores hype-based prediction, you can estimate the value of Ross Stores from the perspective of Ross Stores response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Ross Stores using Ross Stores' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Ross using crowd psychology based on the activity and movement of Ross Stores' stock price.
Ross Stores Short Interest
A significant increase or decrease in Ross Stores' short interest from the previous month could be a good indicator of investor sentiment towards Ross. Short interest can provide insight into the potential direction of Ross Stores stock and how bullish or bearish investors feel about the market overall. An investor who is long Ross Stores may also wish to track short interest. As short interest increases, investors should be becoming more worried about Ross Stores and may potentially protect profits, hedge Ross Stores with its derivative instruments, or be ready for some potential downside.
200 Day MA 128.1785 | Short Percent 0.0107 | Short Ratio 1.45 | Shares Short Prior Month 3.3 M | 50 Day MA 144.1638 |
Ross Stores Hype to Price Pattern
Investor biases related to Ross Stores' public news can be used to forecast risks associated with an investment in Ross. The trend in average sentiment can be used to explain how an investor holding Ross can time the market purely based on public headlines and social activities around Ross Stores. 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 Ross Stores' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Ross Stores.
Ross Stores Implied Volatility | 97.45 |
Ross Stores' implied volatility exposes the market's sentiment of Ross Stores stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ross Stores' 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 Ross Stores stock will not fluctuate a lot when Ross Stores' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Ross Stores. 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 Ross Stores to buy its stock at a price that has no basis in reality. In that case, they are not buying Ross 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.
Ross Stores after-hype prediction price | USD 131.65 |
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 Ross contract
Based on the Rule 16, the options market is currently suggesting that Ross Stores will have an average daily up or down price movement of about 6.09% per day over the life of the 2024-04-19 option contract. With Ross Stores trading at USD 131.8, that is roughly USD 8.03 . If you think that the market is fully incorporating Ross Stores' daily price movement you should consider acquiring Ross Stores options at the current volatility level of 97.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ross Stores' 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.
Ross Stores After-Hype Price Prediction Density Analysis
As far as predicting the price of Ross Stores 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 Ross Stores 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 Ross Stores, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ross Stores Estimiated After-Hype Price Volatility
In the context of predicting Ross Stores' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ross Stores' historical news coverage. Ross Stores' after-hype downside and upside margins for the prediction period are 130.71 and 132.59, respectively. We have considered Ross Stores' 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
Ross Stores is very steady at this time. Analysis and calculation of next after-hype price of Ross Stores is based on 3 months time horizon.
Ross Stores Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Ross Stores is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ross Stores 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 Ross Stores, 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 |
0.07 | 0.94 | 0.15 | 0.06 | 11 Events / Month | 10 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
131.80 | 131.65 | 0.11 |
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Ross Stores Hype Timeline
Ross Stores is at this time traded for 131.80. The entity has historical hype elasticity of -0.15, and average elasticity to hype of competition of -0.06. Ross is projected to decline in value after the next headline, with the price expected to drop to 131.65. The average volatility of media hype impact on the company price is about 43.52%. The price decrease on the next news is expected to be -0.11%, whereas the daily expected return is at this time at -0.07%. The volatility of related hype on Ross Stores is about 116.71%, with the expected price after the next announcement by competition of 131.74. About 91.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.29. Ross Stores recorded earning per share (EPS) of 5.56. The entity last dividend was issued on the 14th of March 2024. The firm had 2:1 split on the 12th of June 2015. Given the investment horizon of 90 days the next projected press release will be in about 11 days. Check out Ross Stores Basic Forecasting Models to cross-verify your projections.Ross Stores Related Hype Analysis
Having access to credible news sources related to Ross Stores' direct competition is more important than ever and may enhance your ability to predict Ross Stores' future price movements. Getting to know how Ross Stores' 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 Ross Stores may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BURL | Burlington Stores | (0.54) | 11 per month | 0.00 | (0.08) | 3.26 | (3.05) | 11.97 | |
| AEO | American Eagle Outfitters | 0.26 | 9 per month | 1.77 | 0.04 | 3.82 | (3.10) | 8.73 | |
| LULU | Lululemon Athletica | (9.34) | 7 per month | 0.00 | (0.20) | 2.09 | (3.94) | 19.13 | |
| FL | Foot Locker | (0.55) | 11 per month | 0.00 | (0.06) | 6.07 | (4.77) | 36.40 | |
| PLCE | Childrens Place | (0.90) | 8 per month | 0.00 | (0.05) | 16.46 | (16.45) | 99.19 | |
| BKE | Buckle Inc | 0.33 | 8 per month | 1.94 | (0.02) | 2.71 | (2.96) | 9.04 | |
| HIBB | Hibbett Sports | 1.29 | 8 per month | 2.51 | 0.03 | 3.78 | (4.05) | 12.41 | |
| GES | Guess Inc | (3.18) | 9 per month | 2.04 | 0.09 | 3.55 | (3.60) | 27.41 | |
| SCVL | Shoe Carnival | (1.06) | 9 per month | 1.60 | 0.14 | 3.49 | (2.90) | 11.59 | |
| URBN | Urban Outfitters | (0.13) | 13 per month | 0.00 | (0.05) | 2.91 | (3.62) | 16.62 | |
| ANF | Abercrombie Fitch | 1.77 | 8 per month | 3.44 | 0.04 | 4.49 | (5.34) | 14.82 | |
| GPS | Gap Inc | 1.50 | 10 per month | 2.36 | 0.02 | 4.93 | (4.11) | 12.81 | |
| EXPR | Express | 0.08 | 8 per month | 0.00 | (0.23) | 6.45 | (18.14) | 60.18 |
Ross Stores Additional Predictive Modules
Most predictive techniques to examine Ross price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ross using various technical indicators. When you analyze Ross 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 Ross Stores Predictive Indicators
The successful prediction of Ross Stores 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 Ross Stores, 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 Ross Stores based on analysis of Ross Stores hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ross Stores's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ross Stores's related companies. | 2011 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.0102 | 0.009195 | 0.009444 | 0.008882 | Price To Sales Ratio | 1.41 | 2.51 | 2.36 | 1.72 |
Story Coverage note for Ross Stores
The number of cover stories for Ross Stores depends on current market conditions and Ross Stores' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ross Stores 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 Ross Stores' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Ross Stores Short Properties
Ross Stores' future price predictability will typically decrease when Ross Stores' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ross Stores often depends not only on the future outlook of the potential Ross Stores' 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. Ross Stores' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 337.4 M | |
| Cash And Short Term Investments | 4.9 B |
Check out Ross Stores Basic Forecasting Models to cross-verify your projections. For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Ross Stock analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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Is Ross Stores' 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 Ross Stores. If investors know Ross 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 Ross Stores 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 0.401 | Dividend Share 1.34 | Earnings Share 5.56 | Revenue Per Share 60.793 | Quarterly Revenue Growth 0.155 |
The market value of Ross Stores is measured differently than its book value, which is the value of Ross that is recorded on the company's balance sheet. Investors also form their own opinion of Ross Stores' value that differs from its market value or its book value, called intrinsic value, which is Ross Stores' 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 Ross Stores' market value can be influenced by many factors that don't directly affect Ross Stores' 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 Ross Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ross Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ross Stores' 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.