Flora Growth Corp Stock Price Prediction

FLGC Stock  USD 1.81  0.17  8.59%   
The RSI of Flora Growth's the stock price is about 68. This usually indicates that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Flora, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
Flora Growth Corp stock price prediction is an act of determining the future value of Flora Growth shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Flora Growth'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 Flora Growth and does not consider all of the tangible or intangible factors available from Flora Growth's fundamental data. We analyze noise-free headlines and recent hype associated with Flora Growth Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Flora Growth's stock price prediction:
EPS Estimate Next Quarter
(0.05)
EPS Estimate Current Year
(0.48)
Wall Street Target Price
6
EPS Estimate Current Quarter
(0.07)
Quarterly Revenue Growth
0.704
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 Flora Growth based on different types of headlines from major news networks to social media. The Flora stock price prediction module provides an analysis of price elasticity to changes in media outlook on Flora Growth over a specific investment horizon. Using Flora Growth hype-based prediction, you can estimate the value of Flora Growth Corp from the perspective of Flora Growth 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 Flora Growth. 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 Flora Growth to buy its stock at a price that has no basis in reality. In that case, they are not buying Flora 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.

Flora Growth after-hype prediction price

    
  USD 1.8  
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.
  
Check out Flora Growth Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flora Growth'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.
Intrinsic
Valuation
LowRealHigh
0.326.3015.44
Details
2 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.17-0.17-0.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Flora Growth. Your research has to be compared to or analyzed against Flora Growth's peers to derive any actionable benefits. When done correctly, Flora Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Flora Growth Corp.

Flora Growth After-Hype Price Prediction Density Analysis

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

Flora Growth Estimiated After-Hype Price Volatility

In the context of predicting Flora Growth's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Flora Growth's historical news coverage. Flora Growth's after-hype downside and upside margins for the prediction period are 0.09 and 10.94, respectively. We have considered Flora Growth'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
1.81
1.80
After-hype Price
10.94
Upside
Flora Growth is risky at this time. Analysis and calculation of next after-hype price of Flora Growth Corp is based on 3 months time horizon.

Flora Growth Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Flora Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Flora Growth 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 Flora Growth, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.28 
9.07
  0.01 
 0.00  
7 Events / Month
6 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.81
1.80
0.55 
18,140  
Notes

Flora Growth Hype Timeline

Flora Growth Corp is currently traded for 1.81. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Flora is forecasted to decline in value after the next headline, with the price expected to drop to 1.8. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.55%, whereas the daily expected return is currently at 0.28%. The volatility of related hype on Flora Growth is about 96792.22%, with the expected price after the next announcement by competition of 1.81. About 18.0% of the company shares are held by company insiders. The book value of Flora Growth was currently reported as 0.72. The company recorded a loss per share of 6.34. Flora Growth Corp had not issued any dividends in recent years. The entity had 1:20 split on the 9th of June 2023. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days.
Check out Flora Growth Basic Forecasting Models to cross-verify your projections.

Flora Growth Related Hype Analysis

Having access to credible news sources related to Flora Growth's direct competition is more important than ever and may enhance your ability to predict Flora Growth's future price movements. Getting to know how Flora Growth'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 Flora Growth 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
CLVRClever Leaves Holdings 0.14 6 per month 4.91  0.08  14.48 (9.76) 35.76 
PRFXPainreformLtd 0.32 4 per month 0.00 (0.24) 5.05 (9.64) 38.70 
INCRINC Research Holdings 0.02 10 per month 3.24  0.14  12.78 (6.22) 22.34 
LOWLFLowell Farms 0.00 0 per month 0.00 (0.07) 13.33 (13.33) 57.21 
PCLOFPharmacielo 0.00 0 per month 0.00 (0.01) 15.38 (11.76) 33.05 
BBRRFBlueberries Medical Corp 0.00 0 per month 9.49  0.04  18.18 (18.95) 53.20 
STMHStem Holdings 0.00 0 per month 24.52  0.13  109.52 (38.89) 11,996 
MEDIFMedipharm Labs Corp 0.00 0 per month 3.18  0.04  6.52 (6.00) 25.83 
APNHFAspen Pharmacare Holdings 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BCBCFThe BC Bud 0.00 0 per month 0.00  0.19  19.74 (3.85) 61.51 
AXRXAmexdrug 0.00 0 per month 0.00  0.02  0.00  0.00  5.00 
ANTCFAion Therapeutic 0.00 0 per month 0.00  0.11  7.14 (6.25) 295.83 
PTPIPetros Pharmaceuticals 0.11 8 per month 0.00 (0.1) 10.00 (8.79) 49.94 
SBFMSunshine Biopharma 0.01 7 per month 0.00 (0.01) 20.00 (18.95) 111.74 
GHSIGuardion Health Sciences(0.58)4 per month 2.90  0.1  8.85 (7.60) 75.75 
SNOASonoma Pharmaceuticals 0.00 7 per month 0.00 (0.04) 9.52 (10.53) 31.26 
TKNOAlpha Teknova 0.14 5 per month 0.00 (0.1) 7.38 (8.78) 28.78 

Flora Growth Additional Predictive Modules

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

The successful prediction of Flora Growth 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 Flora Growth Corp, 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 Flora Growth based on analysis of Flora Growth hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Flora Growth's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Flora Growth's related companies.
 2023 2024 (projected)
Dividend Yield0.01930.0172
Price To Sales Ratio0.130.12

Story Coverage note for Flora Growth

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

Flora Growth Short Properties

Flora Growth's future price predictability will typically decrease when Flora Growth's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Flora Growth Corp often depends not only on the future outlook of the potential Flora Growth'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. Flora Growth's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding7.4 M
Cash And Short Term Investments4.4 M
When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock:
Check out Flora Growth Basic Forecasting Models to cross-verify your projections.
Note that the Flora Growth Corp information on this page should be used as a complementary analysis to other Flora Growth'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 the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Flora Stock analysis

When running Flora Growth's price analysis, check to measure Flora Growth'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 Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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Is Flora Growth'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 Flora Growth. If investors know Flora 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 Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.34)
Revenue Per Share
10.341
Quarterly Revenue Growth
0.704
Return On Assets
(0.13)
Return On Equity
(1.49)
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth'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 Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth'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 Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth'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.