DAKT Daktronics stock Stock Price Prediction

DAKT -  USA Stock  

USD 6.45  0.32  4.73%

Daktronics stock price prediction is an act of determining the future value of Daktronics shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Daktronics stock future price could yield a significant profit.
We analyze noise-free headlines and recent hype associated with Daktronics, which may create opportunities for some arbitrage if properly timed. Continue to Daktronics Basic Forecasting Models to cross-verify your projections.

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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 Daktronics based on different types of headlines from major news networks to social media. The DAKT Daktronics stock price prediction module provides an analysis of price elasticity to changes in media outlook on Daktronics over a specific investment horizon. Using Daktronics hype-based prediction, you can estimate the value of Daktronics from the perspective of Daktronics 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 Daktronics. 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 Daktronics to buy its stock at a price that has no basis in reality. In that case, they are not buying DAKT Daktronics 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.

Daktronics after-hype prediction price

  $ 6.48  
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 Daktronics' 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 Daktronics in the context of predictive analytics.
LowReal ValueHigh
LowNext ValueHigh
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daktronics. Your research has to be compared to or analyzed against Daktronics' peers to derive any actionable benefits. When done correctly, Daktronics' 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 Daktronics.

Daktronics After-Hype Price Prediction Density Analysis

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

Daktronics Estimiated After-Hype Price Volatility

In the context of predicting Daktronics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Daktronics' historical news coverage. Daktronics' after-hype downside and upside margins for the prediction period are 4.01 and 8.95, respectively. We have considered Daktronics' 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
21st of June 2021
After-hype Price
Daktronics is slightly risky asset. Analysis and calculation of next after-hype price of Daktronics is based on 3 months time horizon.

Daktronics Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Daktronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Daktronics 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 Daktronics, 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  2.13  0.02   0.00  7 Events / Month7 Events / MonthIn about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Daktronics Hype Timeline

Daktronics is currently traded for 6.45. The entity has historical hype elasticity of 0.02 and average elasticity to hype of competition of 0.0. DAKT Daktronics is forecasted to increase in value after the next headline with price projected to jump to 6.48 or above. The average volatility of media hype impact on the company stock price is over 100%. The price appreciation on the next news is forecasted to be 0.47% whereas the daily expected return is currently at 0.12%. The volatility of related hype on Daktronics is about 6553.85% with expected price after next announcement by competition of 6.45. The company reported the previous year's revenue of 491.26 M. Net Income was 9.59 M with profit before overhead, payroll, taxes, and interest of 138.7 M. Given the investment horizon of 90 days the next forecastedpress releasewill be in about 7 days.
Continue to Daktronics Basic Forecasting Models to cross-verify your projections.

Daktronics Related Hype Analysis

Having access to credible news sources related to Daktronics' direct competition is more important than ever and may enhance your ability to predict Daktronics' future price movements. Getting to know how Daktronics 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 Daktronics may potentially react to the hype associated with one of its peers.
At Risk
Desktop Metal(0.51) 4 per month 0.00 (0.11)  8.37 (7.59)  23.31 
Exeo Entertainment 0.05 4 per month 7.69  0.0485  16.67 (16.67)  78.33 
Canon Inc(0.51) 5 per month 1.30  0.0391  2.50 (1.89)  9.36 
Canaan Inc ADR 0.45 8 per month 0.00 (0.17)  13.05 (13.06)  50.35 
3D Systems Corp 1.53 9 per month 5.19 (0.0027)  10.98 (8.37)  47.75 
HP Inc(1.30) 9 per month 0.00 (0.06)  2.05 (2.92)  14.86 
Hauppauge Digital 0.005 4 per month 6.99  0.0473  27.00 (15.15)  56.67 
Hawkeye Systems 0.00 2 per month 0.00 (0.0177)  18.18 (16.67)  53.08 
Identiv 0.18 9 per month 0.00 (0.06)  8.71 (7.58)  22.50 
Key Tronic Cp(0.22) 4 per month 0.00 (0.16)  2.98 (4.01)  11.62 

Daktronics Additional Predictive Modules

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

The successful prediction of Daktronics 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 Daktronics, 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 Daktronics based on analysis of Daktronics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Daktronics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Daktronics's related companies.
 2010 2020 2021 (projected)
Long Term Debt to Equity1.09E-49.8E-59.7E-5
Interest Coverage263.2236.88235.49

Story Coverage note for Daktronics

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

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Latest Perspective on Daktronics

Daktronics Short Properties

Daktronics' future price predictability will typically decrease when Daktronics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Daktronics often depends not only on the future outlook of the potential Daktronics' 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. Daktronics' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.71%
Short Percent Of Float5.43%
Float Shares36.89M
Average Daily Volume Last 10 Day199.08k
Shares Short Prior Month1.24M
Average Daily Volume In Three Month183.31k
Date Short Interest15th of April 2021
Continue to Daktronics Basic Forecasting Models to cross-verify your projections. Note that the Daktronics information on this page should be used as a complementary analysis to other Daktronics' 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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