Saia Inc Stock Price Prediction
| SAIA Stock | USD 546.28 23.66 4.53% |
Oversold Vs Overbought
58
Oversold | Overbought |
Saia Inc stock price prediction is an act of determining the future value of Saia shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Saia'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 Saia and does not consider all of the tangible or intangible factors available from Saia's fundamental data. We analyze noise-free headlines and recent hype associated with Saia Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Saia's stock price prediction:Quarterly Earnings Growth 0.255 | EPS Estimate Next Quarter 3.45 | EPS Estimate Current Year 16.34 | EPS Estimate Next Year 19.82 | Wall Street Target Price 594.81 |
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 Saia based on different types of headlines from major news networks to social media. The Saia stock price prediction module provides an analysis of price elasticity to changes in media outlook on Saia over a specific investment horizon. Using Saia hype-based prediction, you can estimate the value of Saia Inc from the perspective of Saia response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Saia using Saia's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Saia using crowd psychology based on the activity and movement of Saia's stock price.
Saia Short Interest
A significant increase or decrease in Saia's short interest from the previous month could be a good indicator of investor sentiment towards Saia. Short interest can provide insight into the potential direction of Saia stock and how bullish or bearish investors feel about the market overall. An investor who is long Saia may also wish to track short interest. As short interest increases, investors should be becoming more worried about Saia and may potentially protect profits, hedge Saia with its derivative instruments, or be ready for some potential downside.
200 Day MA 454.3579 | Short Percent 0.0621 | Short Ratio 4.7 | Shares Short Prior Month 1.5 M | 50 Day MA 571.8318 |
Saia Inc Hype to Price Pattern
Investor biases related to Saia's public news can be used to forecast risks associated with an investment in Saia. The trend in average sentiment can be used to explain how an investor holding Saia can time the market purely based on public headlines and social activities around Saia Inc. 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 Saia's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Saia.
Saia Implied Volatility | 53.45 |
Saia's implied volatility exposes the market's sentiment of Saia Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Saia'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 Saia stock will not fluctuate a lot when Saia's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Saia. 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 Saia to buy its stock at a price that has no basis in reality. In that case, they are not buying Saia 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.
Saia after-hype prediction price | USD 546.77 |
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 Saia contract
Based on the Rule 16, the options market is currently suggesting that Saia Inc will have an average daily up or down price movement of about 3.34% per day over the life of the 2024-05-17 option contract. With Saia trading at USD 546.28, that is roughly USD 18.25 . If you think that the market is fully incorporating Saia's daily price movement you should consider acquiring Saia Inc options at the current volatility level of 53.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Saia |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Saia'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.
Saia After-Hype Price Prediction Density Analysis
As far as predicting the price of Saia 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 Saia 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 Saia, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Saia Estimiated After-Hype Price Volatility
In the context of predicting Saia's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Saia's historical news coverage. Saia's after-hype downside and upside margins for the prediction period are 544.15 and 549.39, respectively. We have considered Saia'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
Saia is very steady at this time. Analysis and calculation of next after-hype price of Saia Inc is based on 3 months time horizon.
Saia Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Saia is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Saia 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 Saia, 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 |
0.34 | 2.62 | 0.49 | 0.14 | 10 Events / Month | 9 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
546.28 | 546.77 | 0.09 |
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Saia Hype Timeline
Saia Inc is at this time traded for 546.28. The entity has historical hype elasticity of 0.49, and average elasticity to hype of competition of -0.14. Saia is forecasted to increase in value after the next headline, with the price projected to jump to 546.77 or above. The average volatility of media hype impact on the company the price is about 183.22%. The price jump on the next news is projected to be 0.09%, whereas the daily expected return is at this time at 0.34%. The volatility of related hype on Saia is about 642.94%, with the expected price after the next announcement by competition of 546.14. The company reported the previous year's revenue of 2.88 B. Net Income was 354.86 M with profit before overhead, payroll, taxes, and interest of 748.17 M. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Saia Basic Forecasting Models to cross-verify your projections.Saia Related Hype Analysis
Having access to credible news sources related to Saia's direct competition is more important than ever and may enhance your ability to predict Saia's future price movements. Getting to know how Saia'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 Saia may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| XPO | XPO Logistics | 1.17 | 12 per month | 1.25 | 0.15 | 4.20 | (2.66) | 23.19 | |
| KNX | Knight Transportation | 0.31 | 7 per month | 0.00 | (0.18) | 2.62 | (2.72) | 8.13 | |
| ARCB | ArcBest Corp | (4.04) | 10 per month | 2.08 | 0.09 | 4.81 | (3.53) | 14.71 | |
| YELL | Yellow Corp | (0.40) | 8 per month | 11.66 | 0.11 | 28.30 | (29.03) | 192.69 | |
| MRTN | Marten Transport | (0.15) | 9 per month | 0.00 | (0.22) | 2.55 | (3.43) | 9.30 | |
| TFII | TFI International | (0.64) | 8 per month | 1.51 | 0.05 | 2.64 | (2.07) | 10.36 | |
| ULH | Universal Logistics Holdings | (1.05) | 8 per month | 2.03 | 0.07 | 3.26 | (3.75) | 12.05 | |
| HTLD | Heartland Express | (0.09) | 10 per month | 0.00 | (0.27) | 2.37 | (2.53) | 8.40 | |
| WERN | Werner Enterprises | (0.26) | 11 per month | 0.00 | (0.15) | 2.26 | (2.65) | 8.81 | |
| PTSI | PAM Transportation Services | 0.08 | 6 per month | 0.00 | (0.24) | 5.61 | (5.05) | 13.98 | |
| SNDR | Schneider National | (0.11) | 11 per month | 0.00 | (0.19) | 1.87 | (3.50) | 7.39 | |
| CVLG | Covenant Logistics Group | 0.29 | 10 per month | 0.00 | (0.09) | 3.04 | (2.93) | 8.10 |
Saia Additional Predictive Modules
Most predictive techniques to examine Saia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Saia using various technical indicators. When you analyze Saia 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 Saia Predictive Indicators
The successful prediction of Saia 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 Saia 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 Saia based on analysis of Saia hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Saia's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Saia's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 4.15E-4 | 8.11E-4 | 7.9E-4 | 7.5E-4 | Price To Sales Ratio | 3.88 | 1.99 | 4.05 | 4.25 |
Story Coverage note for Saia
The number of cover stories for Saia depends on current market conditions and Saia's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Saia 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 Saia'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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Saia Short Properties
Saia's future price predictability will typically decrease when Saia's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Saia Inc often depends not only on the future outlook of the potential Saia'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. Saia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.8 M | |
| Cash And Short Term Investments | 296.2 M |
Check out Saia Basic Forecasting Models to cross-verify your projections. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Saia Stock analysis
When running Saia's price analysis, check to measure Saia'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 Saia is operating at the current time. Most of Saia's value examination focuses on studying past and present price action to predict the probability of Saia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saia's price. Additionally, you may evaluate how the addition of Saia to your portfolios can decrease your overall portfolio volatility.
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Is Saia'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 Saia. If investors know Saia 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 Saia 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 0.255 | Earnings Share 13.27 | Revenue Per Share 108.194 | Quarterly Revenue Growth 0.146 | Return On Assets 0.1212 |
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia'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 Saia's market value can be influenced by many factors that don't directly affect Saia'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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.