AngioDynamics Stock Future Price Prediction

ANGO Stock  USD 12.45  0.20  1.63%   
AngioDynamics stock price prediction is an act of determining the future value of AngioDynamics shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of AngioDynamics' 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 AngioDynamics and does not consider all of the tangible or intangible factors available from AngioDynamics' fundamental data. We analyze noise-free headlines and recent hype associated with AngioDynamics, which may create opportunities for some arbitrage if properly timed.
Please continue to AngioDynamics Basic Forecasting Models to cross-verify your projections.
  
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 AngioDynamics based on different types of headlines from major news networks to social media. The AngioDynamics stock price prediction module provides an analysis of price elasticity to changes in media outlook on AngioDynamics over a specific investment horizon.
EPS Estimate Current Year
(0.01) 
EPS Estimate Next Year
0.11
Wall Street Target Price
24
EPS Estimate Current Quarter
(0.01) 
Quarterly Revenue Growth
0.091
Using AngioDynamics hype-based prediction, you can estimate the value of AngioDynamics from the perspective of AngioDynamics response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards AngioDynamics using AngioDynamics' stock options and short interest. It helps to benchmark the overall future attitude of investors towards AngioDynamics using crowd psychology based on the activity and movement of AngioDynamics' stock price.
AngioDynamics Net Current Assets as percentage of Total Assets are very stable at the moment as compared to the past year. AngioDynamics reported last year Net Current Assets as percentage of Total Assets of 14.36. As of 22nd of March 2023, Book Value per Share is likely to grow to 11.27, while Interest Coverage is likely to drop 2.76.

AngioDynamics Short Interest

A significant increase or decrease in AngioDynamics' short interest from the previous month could be a good indicator of investor sentiment towards AngioDynamics. Short interest can provide insight into the potential direction of AngioDynamics stock and how bullish or bearish investors feel about the market overall. An investor who is long AngioDynamics may also wish to track short interest. As short interest increases, investors should be becoming more worried about AngioDynamics and may potentially protect profits, hedge AngioDynamics with its derivative instruments, or be ready for some potential downside.
200 Day MA
16.7354
Short Percent
0.0373
Short Ratio
5.01
Shares Short Prior Month
1.1 M
50 Day MA
12.856

AngioDynamics Hype to Price Pattern

Investor biases related to AngioDynamics' public news can be used to forecast risks associated with investment in AngioDynamics. The trend in average sentiment can be used to explain how an investor holding AngioDynamics can time the market purely based on public headlines and social activities around AngioDynamics. Please note that most equiteis 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 AngioDynamics' market sentiment to its price can help taders to make decisions based on the overall investors consensus about AngioDynamics.

AngioDynamics Implied Volatility

    
  31.07  
AngioDynamics' implied volatility exposes the market's sentiment of AngioDynamics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if AngioDynamics' 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 AngioDynamics stock will not fluctuate a lot when AngioDynamics' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in AngioDynamics. 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 AngioDynamics to buy its stock at a price that has no basis in reality. In that case, they are not buying AngioDynamics 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.

AngioDynamics after-hype prediction price

    
  USD 12.46  
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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AngioDynamics' 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. Please use the tools below to analyze the current value of AngioDynamics in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
11.2116.5919.50
Details
3 Analysts
Consensus
LowTarget PriceHigh
22.0028.5035.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
-0.010.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AngioDynamics. Your research has to be compared to or analyzed against AngioDynamics' peers to derive any actionable benefits. When done correctly, AngioDynamics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in AngioDynamics.

AngioDynamics After-Hype Price Prediction Density Analysis

As far as predicting the price of AngioDynamics 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 AngioDynamics 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 AngioDynamics, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

AngioDynamics Estimiated After-Hype Price Volatility

In the context of predicting AngioDynamics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on AngioDynamics' historical news coverage. AngioDynamics' after-hype downside and upside margins for the prediction period are 9.55 and 15.37, respectively. We have considered AngioDynamics' 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 12.45
12.46
After-hype Price
15.37
Upside
AngioDynamics is not too volatile asset. Analysis and calculation of next after-hype price of AngioDynamics is based on 3 months time horizon.

AngioDynamics Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as AngioDynamics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AngioDynamics 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 AngioDynamics, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11  2.91  0.01   0.01  11 Events / Month5 Events / MonthIn about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
12.4512.460.08 
2,645  

AngioDynamics Hype Timeline

AngioDynamics is presently traded for 12.45. The entity has historical hype elasticity of 0.01 and average elasticity to hype of competition of 0.01. AngioDynamics is forecasted to increase in value after the next headline with the price projected to jump to 12.46 or above. The average volatility of media hype impact on the company stock price is over 100%. The price boost on the next news is forecasted to be 0.08% whereas the daily expected return is presently at -0.11%. The volatility of related hype on AngioDynamics is about 2400.0% with expected price after next announcement by competition of 12.46. The company reported the previous year's revenue of 316.22 M. Net Loss for the year was (26.55 M) with profit before overhead, payroll, taxes, and interest of 164.93 M. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days.
Please continue to AngioDynamics Basic Forecasting Models to cross-verify your projections.

AngioDynamics Related Hype Analysis

Having access to credible news sources related to AngioDynamics' direct competition is more important than ever and may enhance your ability to predict AngioDynamics' future price movements. Getting to know how AngioDynamics rivals 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 AngioDynamics may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PFEPfizer Inc 0.67 3 per month 0.00 (0.29)  1.30 (2.34)  7.51 
INTCIntel(0.54) 2 per month 2.43  0.043  3.86 (3.94)  10.65 
BIIBBiogen Inc 2.19 9 per month 0.00 (0.05)  2.16 (2.18)  6.31 
BACBank Of America(0.20) 2 per month 0.00 (0.07)  1.89 (3.20)  8.39 
ONCTOncternal Therapeutics(0.05) 8 per month 0.00 (0.11)  6.59 (7.35)  26.26 
CVSCVS Health Corp 0.77 6 per month 0.00 (0.32)  1.34 (2.20)  6.99 
JNJJohnson Johnson 0.58 4 per month 0.00 (0.19)  1.03 (1.52)  4.85 
DGXQuest Diagnostics Incorporated(2.45) 11 per month 0.00 (0.08)  1.81 (2.12)  6.53 

AngioDynamics Additional Predictive Modules

Most predictive techniques to examine AngioDynamics price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AngioDynamics using various technical indicators. When you analyze AngioDynamics 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.

About AngioDynamics Predictive Indicators

The successful prediction of AngioDynamics 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 AngioDynamics, 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 AngioDynamics based on analysis of AngioDynamics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to AngioDynamics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to AngioDynamics's related companies.
 2022 2023 (projected)
Long Term Debt to Equity0.06770.0695
Interest Coverage3.12.76

Story Coverage note for AngioDynamics

The number of cover stories for AngioDynamics depends on current market conditions and AngioDynamics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that AngioDynamics 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 AngioDynamics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

AngioDynamics Short Properties

AngioDynamics' future price predictability will typically decrease when AngioDynamics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of AngioDynamics often depends not only on the future outlook of the potential AngioDynamics' 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. AngioDynamics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding39 M
Cash And Short Term Investments28.8 M
Please continue to AngioDynamics Basic Forecasting Models to cross-verify your projections. Note that the AngioDynamics information on this page should be used as a complementary analysis to other AngioDynamics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is AngioDynamics' 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 AngioDynamics. If investors know AngioDynamics 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 AngioDynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.84) 
Revenue Per Share
8.353
Quarterly Revenue Growth
0.091
Return On Assets
(0.0247) 
Return On Equity
(0.08) 
The market value of AngioDynamics is measured differently than its book value, which is the value of AngioDynamics that is recorded on the company's balance sheet. Investors also form their own opinion of AngioDynamics' value that differs from its market value or its book value, called intrinsic value, which is AngioDynamics' 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 AngioDynamics' market value can be influenced by many factors that don't directly affect AngioDynamics' 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 AngioDynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine AngioDynamics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngioDynamics' 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.