Desktop Metal Stock Price Prediction
| DM Stock | USD 4.39 0.12 2.81% |
Oversold Vs Overbought
35
Oversold | Overbought |
EPS Estimate Next Quarter (0.38) | EPS Estimate Current Year (1.80) | EPS Estimate Next Year (0.69) | Wall Street Target Price 5 | EPS Estimate Current Quarter (0.43) |
Using Desktop Metal hype-based prediction, you can estimate the value of Desktop Metal from the perspective of Desktop Metal response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Desktop Metal using Desktop Metal's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Desktop using crowd psychology based on the activity and movement of Desktop Metal's stock price.
Desktop Metal Implied Volatility | 0.0 |
Desktop Metal's implied volatility exposes the market's sentiment of Desktop Metal stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Desktop Metal'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 Desktop Metal stock will not fluctuate a lot when Desktop Metal's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Desktop Metal to buy its stock at a price that has no basis in reality. In that case, they are not buying Desktop 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.
Desktop Metal after-hype prediction price | USD 4.38 |
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.
Desktop |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Desktop Metal'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.
Desktop Metal After-Hype Price Prediction Density Analysis
As far as predicting the price of Desktop Metal 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 Desktop Metal 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 Desktop Metal, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Desktop Metal Estimiated After-Hype Price Volatility
In the context of predicting Desktop Metal's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Desktop Metal's historical news coverage. Desktop Metal's after-hype downside and upside margins for the prediction period are 0.22 and 11.25, respectively. We have considered Desktop Metal'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
Desktop Metal is very risky at this time. Analysis and calculation of next after-hype price of Desktop Metal is based on 3 months time horizon.
Desktop Metal Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Desktop Metal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Desktop Metal 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 Desktop Metal, 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 |
0.23 | 6.81 | 0.01 | 0.08 | 13 Events / Month | 1 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
4.39 | 4.38 | 0.23 |
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Desktop Metal Hype Timeline
As of August 31, 2024 Desktop Metal is listed for 4.39. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.08. Desktop is expected to decline in value after the next headline, with the price expected to drop to 4.38. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.23%, whereas the daily expected return is currently at -0.23%. The volatility of related hype on Desktop Metal is about 1945.71%, with the expected price after the next announcement by competition of 4.31. About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. Desktop Metal recorded a loss per share of 11.53. The entity last dividend was issued on the 11th of January 2019. The firm had 1:10 split on the 11th of June 2024. Allowing for the 90-day total investment horizon the next expected press release will be in about 13 days. Check out Desktop Metal Basic Forecasting Models to cross-verify your projections.Desktop Metal Related Hype Analysis
Having access to credible news sources related to Desktop Metal's direct competition is more important than ever and may enhance your ability to predict Desktop Metal's future price movements. Getting to know how Desktop Metal'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 Desktop Metal may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KOPN | Kopin | (0.01) | 6 per month | 4.34 | 0.05 | 12.09 | (7.06) | 27.28 | |
| OLED | Universal Display | (0.69) | 6 per month | 4.04 | 0.03 | 4.38 | (4.87) | 23.37 |
Desktop Metal Additional Predictive Modules
Most predictive techniques to examine Desktop price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Desktop using various technical indicators. When you analyze Desktop 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 Desktop Metal Predictive Indicators
The successful prediction of Desktop Metal 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 Desktop Metal, 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 Desktop Metal based on analysis of Desktop Metal hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Desktop Metal's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Desktop Metal's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.18 | 7.73 | 10.03 | 10.53 | Days Of Inventory On Hand | 253.63 | 172.64 | 165.32 | 206.28 |
Story Coverage note for Desktop Metal
The number of cover stories for Desktop Metal depends on current market conditions and Desktop Metal's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Desktop Metal 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 Desktop Metal'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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Desktop Metal Short Properties
Desktop Metal's future price predictability will typically decrease when Desktop Metal's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Desktop Metal often depends not only on the future outlook of the potential Desktop Metal'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. Desktop Metal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 322.2 M | |
| Cash And Short Term Investments | 84.7 M |
Additional Information and Resources on Investing in Desktop Stock
When determining whether Desktop Metal is a strong investment it is important to analyze Desktop Metal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Desktop Metal's future performance. For an informed investment choice regarding Desktop Stock, refer to the following important reports:Check out Desktop Metal Basic Forecasting Models to cross-verify your projections. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electronic Equipment, Instruments & Components space 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.53) | Revenue Per Share 5.349 | Quarterly Revenue Growth (0.27) | Return On Assets (0.17) | Return On Equity (1.38) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.