Makemytrip Limited Stock Price Prediction
| MMYT Stock | USD 61.22 1.59 2.53% |
Oversold Vs Overbought
72
Oversold | Overbought |
MakeMyTrip Limited stock price prediction is an act of determining the future value of MakeMyTrip shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of MakeMyTrip'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 MakeMyTrip and does not consider all of the tangible or intangible factors available from MakeMyTrip's fundamental data. We analyze noise-free headlines and recent hype associated with MakeMyTrip Limited, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting MakeMyTrip's stock price prediction:Quarterly Earnings Growth 257.252 | EPS Estimate Next Quarter 0.21 | EPS Estimate Current Year 0.87 | EPS Estimate Next Year 1.33 | Wall Street Target Price 65.44 |
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 MakeMyTrip based on different types of headlines from major news networks to social media. The MakeMyTrip stock price prediction module provides an analysis of price elasticity to changes in media outlook on MakeMyTrip over a specific investment horizon. Using MakeMyTrip hype-based prediction, you can estimate the value of MakeMyTrip Limited from the perspective of MakeMyTrip response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards MakeMyTrip using MakeMyTrip's stock options and short interest. It helps to benchmark the overall future attitude of investors towards MakeMyTrip using crowd psychology based on the activity and movement of MakeMyTrip's stock price.
MakeMyTrip Short Interest
A significant increase or decrease in MakeMyTrip's short interest from the previous month could be a good indicator of investor sentiment towards MakeMyTrip. Short interest can provide insight into the potential direction of MakeMyTrip stock and how bullish or bearish investors feel about the market overall. An investor who is long MakeMyTrip may also wish to track short interest. As short interest increases, investors should be becoming more worried about MakeMyTrip and may potentially protect profits, hedge MakeMyTrip with its derivative instruments, or be ready for some potential downside.
200 Day MA 45.8724 | Short Percent 0.08 | Short Ratio 5.27 | Shares Short Prior Month 3.8 M | 50 Day MA 63.5744 |
MakeMyTrip Limited Hype to Price Pattern
Investor biases related to MakeMyTrip's public news can be used to forecast risks associated with an investment in MakeMyTrip. The trend in average sentiment can be used to explain how an investor holding MakeMyTrip can time the market purely based on public headlines and social activities around MakeMyTrip Limited. 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 MakeMyTrip's market sentiment to its price can help taders to make decisions based on the overall investors consensus about MakeMyTrip.
MakeMyTrip Implied Volatility | 133.09 |
MakeMyTrip's implied volatility exposes the market's sentiment of MakeMyTrip Limited stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MakeMyTrip'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 MakeMyTrip stock will not fluctuate a lot when MakeMyTrip's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in MakeMyTrip. 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 MakeMyTrip to buy its stock at a price that has no basis in reality. In that case, they are not buying MakeMyTrip 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.
MakeMyTrip after-hype prediction price | USD 63.13 |
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 MakeMyTrip contract
Based on the Rule 16, the options market is currently suggesting that MakeMyTrip Limited will have an average daily up or down price movement of about 8.32% per day over the life of the 2024-04-19 option contract. With MakeMyTrip trading at USD 61.22, that is roughly USD 5.09 . If you think that the market is fully incorporating MakeMyTrip's daily price movement you should consider acquiring MakeMyTrip Limited options at the current volatility level of 133.09%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
MakeMyTrip |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MakeMyTrip'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.
MakeMyTrip After-Hype Price Prediction Density Analysis
As far as predicting the price of MakeMyTrip 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 MakeMyTrip 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 MakeMyTrip, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MakeMyTrip Estimiated After-Hype Price Volatility
In the context of predicting MakeMyTrip's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MakeMyTrip's historical news coverage. MakeMyTrip's after-hype downside and upside margins for the prediction period are 60.35 and 65.91, respectively. We have considered MakeMyTrip'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
MakeMyTrip is very steady at this time. Analysis and calculation of next after-hype price of MakeMyTrip Limited is based on 3 months time horizon.
MakeMyTrip Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as MakeMyTrip is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MakeMyTrip 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 MakeMyTrip, 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 |
0.37 | 2.80 | 0.29 | 0.03 | 11 Events / Month | 2 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
61.22 | 63.13 | 0.51 |
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MakeMyTrip Hype Timeline
MakeMyTrip Limited is now traded for 61.22. The entity has historical hype elasticity of 0.29, and average elasticity to hype of competition of 0.03. MakeMyTrip is anticipated to increase in value after the next headline, with the price projected to jump to 63.13 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.51%, whereas the daily expected return is now at 0.37%. The volatility of related hype on MakeMyTrip is about 3414.63%, with the expected price after the next announcement by competition of 61.25. The company reported the previous year's revenue of 593.04 M. Net Loss for the year was (11.17 M) with profit before overhead, payroll, taxes, and interest of 283.5 M. Given the investment horizon of 90 days the next anticipated press release will be in about 11 days. Check out MakeMyTrip Basic Forecasting Models to cross-verify your projections.MakeMyTrip Related Hype Analysis
Having access to credible news sources related to MakeMyTrip's direct competition is more important than ever and may enhance your ability to predict MakeMyTrip's future price movements. Getting to know how MakeMyTrip'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 MakeMyTrip may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TUIFF | TUI AG | 0.00 | 0 per month | 0.00 | (0.07) | 4.94 | (5.14) | 23.95 | |
| ISPO | Inspirato | (0.12) | 9 per month | 2.76 | (0.0002) | 3.98 | (3.54) | 16.66 | |
| TRIP | TripAdvisor | (0.11) | 6 per month | 1.34 | 0.15 | 3.80 | (2.20) | 18.53 | |
| TNL | Travel Leisure Co | 0.64 | 10 per month | 1.38 | 0.08 | 2.89 | (2.26) | 9.69 | |
| AMADF | Amadeus IT Group | 0.00 | 0 per month | 0.00 | (0.1) | 4.68 | (4.19) | 11.59 |
MakeMyTrip Additional Predictive Modules
Most predictive techniques to examine MakeMyTrip price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MakeMyTrip using various technical indicators. When you analyze MakeMyTrip 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 MakeMyTrip Predictive Indicators
The successful prediction of MakeMyTrip 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 MakeMyTrip Limited, 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 MakeMyTrip based on analysis of MakeMyTrip hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MakeMyTrip's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MakeMyTrip's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.002045 | 0.00135 | Price To Sales Ratio | 5.27 | 7.58 |
Story Coverage note for MakeMyTrip
The number of cover stories for MakeMyTrip depends on current market conditions and MakeMyTrip's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MakeMyTrip 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 MakeMyTrip'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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MakeMyTrip Short Properties
MakeMyTrip's future price predictability will typically decrease when MakeMyTrip's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MakeMyTrip Limited often depends not only on the future outlook of the potential MakeMyTrip'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. MakeMyTrip's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.1 M | |
| Cash And Short Term Investments | 481.1 M |
Check out MakeMyTrip Basic Forecasting Models to cross-verify your projections. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for MakeMyTrip Stock analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.
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| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is MakeMyTrip'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 MakeMyTrip. If investors know MakeMyTrip 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 MakeMyTrip 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 257.252 | Earnings Share 0.46 | Revenue Per Share 6.582 | Quarterly Revenue Growth 0.256 | Return On Assets 0.0246 |
The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip'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 MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip'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 MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip'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.