Electrocore Llc Stock Price Prediction
| ECOR Stock | USD 5.58 0.08 1.41% |
Oversold Vs Overbought
40
Oversold | Overbought |
Electrocore LLC stock price prediction is an act of determining the future value of Electrocore LLC shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Electrocore LLC'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 Electrocore LLC and does not consider all of the tangible or intangible factors available from Electrocore LLC's fundamental data. We analyze noise-free headlines and recent hype associated with Electrocore LLC, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Electrocore LLC's stock price prediction:EPS Estimate Next Quarter (0.64) | EPS Estimate Current Year (1.89) | EPS Estimate Next Year (0.62) | Wall Street Target Price 23.1 | EPS Estimate Current Quarter (0.61) |
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 Electrocore LLC based on different types of headlines from major news networks to social media. The Electrocore stock price prediction module provides an analysis of price elasticity to changes in media outlook on Electrocore LLC over a specific investment horizon. Using Electrocore LLC hype-based prediction, you can estimate the value of Electrocore LLC from the perspective of Electrocore LLC 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 Electrocore LLC. 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 Electrocore LLC to buy its stock at a price that has no basis in reality. In that case, they are not buying Electrocore 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.
Electrocore LLC after-hype prediction price | USD 5.66 |
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.
Electrocore |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electrocore LLC'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.
Electrocore LLC After-Hype Price Prediction Density Analysis
As far as predicting the price of Electrocore LLC 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 Electrocore LLC 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 Electrocore LLC, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Electrocore LLC Estimiated After-Hype Price Volatility
In the context of predicting Electrocore LLC's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Electrocore LLC's historical news coverage. Electrocore LLC's after-hype downside and upside margins for the prediction period are 2.59 and 8.73, respectively. We have considered Electrocore LLC'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
Electrocore LLC is slightly risky at this time. Analysis and calculation of next after-hype price of Electrocore LLC is based on 3 months time horizon.
Electrocore LLC Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Electrocore LLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Electrocore LLC 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 Electrocore LLC, 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 |
0.41 | 3.07 | 0.10 | 0.01 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.58 | 5.66 | 0.00 |
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Electrocore LLC Hype Timeline
Electrocore LLC is currently traded for 5.58. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of -0.01. Electrocore 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 over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.41%. %. The volatility of related hype on Electrocore LLC is about 20466.67%, with the expected price after the next announcement by competition of 5.57. About 19.0% of the company shares are held by company insiders. The book value of Electrocore LLC was currently reported as 1.24. The company recorded a loss per share of 3.42. Electrocore LLC had not issued any dividends in recent years. The entity had 1:15 split on the 15th of February 2023. Given the investment horizon of 90 days the next estimated press release will be in about 5 days. Check out Electrocore LLC Basic Forecasting Models to cross-verify your projections.Electrocore LLC Related Hype Analysis
Having access to credible news sources related to Electrocore LLC's direct competition is more important than ever and may enhance your ability to predict Electrocore LLC's future price movements. Getting to know how Electrocore LLC'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 Electrocore LLC may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| THMO | Thermogenesis Holdings | (0.05) | 2 per month | 5.95 | 0.13 | 18.89 | (10.14) | 54.53 | |
| MOTS | Motus GI Holdings | 0.02 | 8 per month | 0.00 | (0.23) | 6.56 | (28.18) | 120.11 |
Electrocore LLC Additional Predictive Modules
Most predictive techniques to examine Electrocore price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Electrocore using various technical indicators. When you analyze Electrocore 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 Electrocore LLC Predictive Indicators
The successful prediction of Electrocore LLC 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 Electrocore LLC, 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 Electrocore LLC based on analysis of Electrocore LLC hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Electrocore LLC's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Electrocore LLC's related companies. | 2023 | 2024 (projected) | Dividend Yield | 17.83 | 15.85 | Price To Sales Ratio | 2.05 | 1.94 |
Story Coverage note for Electrocore LLC
The number of cover stories for Electrocore LLC depends on current market conditions and Electrocore LLC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Electrocore LLC 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 Electrocore LLC'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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Electrocore LLC Short Properties
Electrocore LLC's future price predictability will typically decrease when Electrocore LLC's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Electrocore LLC often depends not only on the future outlook of the potential Electrocore LLC'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. Electrocore LLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.5 M | |
| Cash And Short Term Investments | 10.6 M |
Check out Electrocore LLC Basic Forecasting Models to cross-verify your projections. To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Electrocore Stock analysis
When running Electrocore LLC's price analysis, check to measure Electrocore LLC'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 Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.
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Is Electrocore LLC'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 Electrocore LLC. If investors know Electrocore 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 Electrocore LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.42) | Revenue Per Share 2.907 | Quarterly Revenue Growth 1.028 | Return On Assets (0.58) | Return On Equity (1.54) |
The market value of Electrocore LLC is measured differently than its book value, which is the value of Electrocore that is recorded on the company's balance sheet. Investors also form their own opinion of Electrocore LLC's value that differs from its market value or its book value, called intrinsic value, which is Electrocore LLC'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 Electrocore LLC's market value can be influenced by many factors that don't directly affect Electrocore LLC'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 Electrocore LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrocore LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrocore LLC'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.