Atkore Stock Future Price Prediction

ATKR -  USA Stock  

USD 71.25  0.66  0.92%

Atkore Inc stock price prediction is an act of determining the future value of Atkore shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Atkore'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 Atkore and does not consider all of the tangible or intangible factors available from Atkore's fundamental data. We analyze noise-free headlines and recent hype associated with Atkore Inc, which may create opportunities for some arbitrage if properly timed.
Please continue to Atkore Basic Forecasting Models to cross-verify your projections.

Search Price Prediction 

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 Atkore based on different types of headlines from major news networks to social media. The Atkore stock price prediction module provides an analysis of price elasticity to changes in media outlook on Atkore over a specific investment horizon. Using Atkore hype-based prediction, you can estimate the value of Atkore Inc from the perspective of Atkore response to recently generated media hype and the effects of current headlines on its competitors.
Atkore Operating Margin is relatively stable at the moment as compared to the past year. Atkore reported last year Operating Margin of 12.21. As of 07/28/2021, Cash and Equivalents Turnover is likely to grow to 10.19, while Return on Investment is likely to drop 15.18.
This module is based on analyzing investor sentiment around taking a position in Atkore. 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 Atkore to buy its stock at a price that has no basis in reality. In that case, they are not buying Atkore 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.

Atkore after-hype prediction price

  $ 71.32  
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 Atkore'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. Please use the tools below to analyze the current value of Atkore in the context of predictive analytics.
LowReal ValueHigh
LowNext ValueHigh
2 Analysts
LowTarget PriceHigh
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atkore. Your research has to be compared to or analyzed against Atkore's peers to derive any actionable benefits. When done correctly, Atkore's 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 Atkore Inc.

Atkore After-Hype Price Prediction Density Analysis

As far as predicting the price of Atkore 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 Atkore 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 smart people who confused the symmetrical distributions of stock prices, such as prices of Atkore, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Atkore Estimiated After-Hype Price Volatility

In the context of predicting Atkore's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Atkore's historical news coverage. Atkore's after-hype downside and upside margins for the prediction period are 68.93 and 73.71, respectively. We have considered Atkore'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
28th of July 2021
After-hype Price
Atkore is very steady asset. Analysis and calculation of next after-hype price of Atkore Inc is based on 3 months time horizon.

Atkore Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Atkore is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Atkore 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 Atkore, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.12  2.40  0.09   0.02  5 Events / Month8 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Atkore Hype Timeline

Atkore Inc is presently traded for 71.25. The entity has historical hype elasticity of 0.09 and average elasticity to hype of competition of -0.02. Atkore is forecasted to increase in value after the next headline with price projected to jump to 71.32 or above. The average volatility of media hype impact on the company stock price is over 100%. The price gain on the next news is projected to be 0.1% whereas the daily expected return is presently at -0.12%. The volatility of related hype on Atkore is about 1276.6% with expected price after next announcement by competition of 71.23. The company reported the previous year's revenue of 2.01 B. Net Income was 282.59 M with profit before overhead, payroll, taxes, and interest of 491.31 M. Given the investment horizon of 90 days the next forecastedpress releasewill be in about 5 days.
Please continue to Atkore Basic Forecasting Models to cross-verify your projections.

Atkore Related Hype Analysis

Having access to credible news sources related to Atkore's direct competition is more important than ever and may enhance your ability to predict Atkore's future price movements. Getting to know how Atkore 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 Atkore may potentially react to the hype associated with one of its peers.
At Risk
Barnes Group 0.42 9 per month 0.00 (0.03)  3.02 (2.24)  7.79 
Crane Company(0.48) 8 per month 1.69 (0.0157)  2.91 (2.55)  8.16 
Curtiss-Wright Corp(0.75) 7 per month 0.00 (0.09)  2.50 (2.90)  6.78 
General Electric 0.30 9 per month 0.00 (0.0424)  2.99 (2.91)  11.47 
Hillenbrand 0.21 7 per month 0.00 (0.1)  2.58 (3.14)  7.88 
Ingersoll Rand(0.15) 7 per month 0.00 (0.08)  2.32 (3.57)  7.09 
Actuant Corp(1.31) 4 per month 0.00 (0.05)  3.57 (3.28)  10.63 
Franklin Electric 0.59 8 per month 0.00 (0.0429)  2.86 (2.41)  7.60 
SPX Flow(0.98) 10 per month 1.48  0.09  3.63 (3.22)  23.18 
Amtek Inc 0.27 7 per month 1.16 (0.0171)  1.83 (1.66)  5.39 

Atkore Additional Predictive Modules

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

The successful prediction of Atkore 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 Atkore Inc, 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 Atkore based on analysis of Atkore hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Atkore's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Atkore's related companies.
 2018 2019 2020 2021 (projected)
Long Term Debt to Equity3.632.121.912.24
Interest Coverage4.435.985.385.81

Story Coverage note for Atkore

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

Atkore Short Properties

Atkore's future price predictability will typically decrease when Atkore's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Atkore Inc often depends not only on the future outlook of the potential Atkore'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. Atkore's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.82%
Short Percent Of Float2.07%
Float Shares46.59M
Average Daily Volume Last 10 Day283.46k
Shares Short Prior Month871.03k
Average Daily Volume In Three Month428.63k
Date Short Interest28th of May 2021
Please continue to Atkore Basic Forecasting Models to cross-verify your projections. Note that the Atkore Inc information on this page should be used as a complementary analysis to other Atkore's 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Atkore Inc price analysis, check to measure Atkore'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 Atkore is operating at the current time. Most of Atkore's value examination focuses on studying past and present price action to predict the probability of Atkore's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atkore's price. Additionally, you may evaluate how the addition of Atkore to your portfolios can decrease your overall portfolio volatility.
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The market value of Atkore Inc is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore's value that differs from its market value or its book value, called intrinsic value, which is Atkore'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 Atkore's market value can be influenced by many factors that don't directly affect Atkore Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atkore's value and its price as these two are different measures arrived at by different means. Investors typically determine Atkore value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore'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.