ScanSource Price Prediction and Hype Density Breakdown

SCSC -- USA Stock  

USD 30.14  1.13  3.61%

We analyze noise-free headlines and recent hype associated with ScanSource which may create opportunities for some arbitrage if properly timed. With ScanSource hype-based prediction module you can estimate the value of ScanSource from the prospective of ScanSource response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on ScanSource over a specific investment horizon. Also please take a look at ScanSource Basic Forecasting Models to cross-verify your projections.
Horizon     30 Days    Login   to change

ScanSource After-Hype Price Density Analysis

 Next price density 
      Expected price to next headline 

ScanSource Estimiated After-Hype Price Volatility

August 21, 2019
30.14
Current Value
30.14
After-hype Price
35.45
Upside
ScanSource is not too volatile asset. Analysis and calculation of next after-hype price of ScanSource is based on 2 months time horizon.

ScanSource Next Price Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.09% 1.77% 0.00%  0.03% 10 Events / Month8 Events / MonthIn about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
30.1430.140.00%
17,700% 

ScanSource Hype Timeline

ScanSource is at this time traded for30.14. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. ScanSource is projected not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 17700.0%. The immediate return on the next news is projected to be very small where as daily expected return is at this time at -0.09%. The volatility of relative hype elasticity to ScanSource is about 498.59%%. The volatility of related hype on ScanSource is about 498.59% with expected price after next announcement by competition of 30.11. About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.9. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ScanSource has Price/Earnings To Growth (PEG) ratio of 0.67. The entity had not issued any dividends in recent years. The firm had 2:1 split on 2006-06-06. Given the investment horizon of 30 days, the next projected press release will be in about 10 days.
Also please take a look at ScanSource Basic Forecasting Models to cross-verify your projections.

ScanSource Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Vipshop Holdings Limited(0.19) 9 per month 2.99  0.06  5.31 (4.72)  13.23 
Barnes Noble 0.02 6 per month 0.00 (0.0092)  1.07 (1.64)  3.43 
Rite Aid Corporation 0.16 9 per month 0.00 (0.0404)  7.12 (7.70)  31.83 
Sally Beauty Holdings Inc Na(0.51) 7 per month 0.00 (0.08)  3.38 (5.16)  16.78 
Sprouts Farmers Market(0.01) 7 per month 0.00 (0.0357)  2.88 (2.69)  10.77 
Spectrum Brands Holdings(1.47) 8 per month 0.00 (0.0486)  3.17 (2.97)  7.83 
SuperValu 0.00 0 per month 0.00  4.18  0.00  0.00  0.06 
Sysco Corporation(0.01) 8 per month 1.00  0.09  1.87 (1.52)  4.63 
Target Corporation(1.01) 7 per month 1.17  0.14  2.69 (2.22)  6.11 
Walgreens Boots Alliance(0.53) 8 per month 0.00 (0.0089)  2.06 (2.31)  9.10 
Also please take a look at ScanSource Basic Forecasting Models to cross-verify your projections. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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