Hologic Stock Price Prediction
| HOLX Stock | USD 79.39 0.63 0.80% |
Oversold Vs Overbought
46
Oversold | Overbought |
Quarterly Earnings Growth 1.116 | EPS Estimate Next Quarter 1.03 | EPS Estimate Current Year 4.08 | EPS Estimate Next Year 4.32 | Wall Street Target Price 89.08 |
Using Hologic hype-based prediction, you can estimate the value of Hologic from the perspective of Hologic response to recently generated media hype and the effects of current headlines on its competitors.
Hologic Hype to Price Pattern
Investor biases related to Hologic's public news can be used to forecast risks associated with an investment in Hologic. The trend in average sentiment can be used to explain how an investor holding Hologic can time the market purely based on public headlines and social activities around Hologic. 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 Hologic's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Hologic.
The fear of missing out, i.e., FOMO, can cause potential investors in Hologic to buy its stock at a price that has no basis in reality. In that case, they are not buying Hologic 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.
Hologic after-hype prediction price | USD 79.4 |
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.
Hologic |
Hologic After-Hype Price Prediction Density Analysis
As far as predicting the price of Hologic 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 Hologic 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 Hologic, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hologic Estimiated After-Hype Price Volatility
In the context of predicting Hologic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hologic's historical news coverage. Hologic's after-hype downside and upside margins for the prediction period are 78.17 and 80.63, respectively. We have considered Hologic'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
Hologic is very steady at this time. Analysis and calculation of next after-hype price of Hologic is based on 3 months time horizon.
Hologic Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Hologic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hologic 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 Hologic, 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 |
0.02 | 1.23 | 0.01 | 0.00 | 8 Events / Month | 9 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
79.39 | 79.40 | 0.01 |
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Hologic Hype Timeline
Hologic is currently traded for 79.39. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Hologic is expected to increase in value after the next headline, with the price projected to jump to 79.4 or above. The average volatility of media hype impact on the company the price is about 178.26%. The price jump on the next news is projected to be 0.01%, whereas the daily expected return is currently at -0.02%. The volatility of related hype on Hologic is about 2544.83%, with the expected price after the next announcement by competition of 79.39. The company reported the previous year's revenue of 4.03 B. Net Income was 789.5 M with profit before overhead, payroll, taxes, and interest of 2.48 B. Given the investment horizon of 90 days the next expected press release will be in about 8 days. Check out Hologic Basic Forecasting Models to cross-verify your projections.Hologic Related Hype Analysis
Having access to credible news sources related to Hologic's direct competition is more important than ever and may enhance your ability to predict Hologic's future price movements. Getting to know how Hologic'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 Hologic may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HAE | Haemonetics | (0.13) | 11 per month | 1.18 | 0.05 | 4.24 | (2.10) | 9.68 | |
| ICUI | ICU Medical | 0.33 | 10 per month | 1.26 | 0.04 | 2.97 | (2.50) | 9.65 | |
| NVST | Envista Holdings Corp | 0.38 | 8 per month | 1.72 | 0.09 | 4.16 | (2.79) | 13.77 | |
| COO | The Cooper Companies, | 0.11 | 8 per month | 0.94 | (0.0007) | 1.53 | (1.79) | 13.98 | |
| WST | West Pharmaceutical Services | 3.15 | 7 per month | 1.62 | 0.02 | 2.78 | (2.07) | 22.31 | |
| TFX | Teleflex Incorporated | (6.30) | 7 per month | 0.00 | (0.17) | 1.72 | (1.87) | 17.00 | |
| ALC | Alcon AG | 0.40 | 10 per month | 0.00 | (0.18) | 1.74 | (1.90) | 4.83 | |
| RMD | ResMed Inc | (1.39) | 8 per month | 1.38 | 0.03 | 2.50 | (2.59) | 12.38 | |
| BDX | Becton Dickinson and | 0.74 | 10 per month | 1.23 | (0.15) | 1.49 | (1.31) | 7.77 | |
| MMSI | Merit Medical Systems | 2.66 | 10 per month | 0.57 | 0.04 | 2.11 | (1.20) | 5.55 | |
| ANGO | AngioDynamics | (0.05) | 12 per month | 3.78 | (0.04) | 4.04 | (4.24) | 20.78 | |
| ATR | AptarGroup | 0.68 | 9 per month | 0.26 | 0.15 | 1.67 | (1.18) | 5.06 |
Hologic Additional Predictive Modules
Most predictive techniques to examine Hologic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hologic using various technical indicators. When you analyze Hologic 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 Hologic Predictive Indicators
The successful prediction of Hologic 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 Hologic, 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 Hologic based on analysis of Hologic hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Hologic's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Hologic's related companies. | 2016 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 46.36 | 56.66 | 54.37 | 91.23 | PTB Ratio | 3.25 | 3.41 | 3.74 | 3.56 |
Story Coverage note for Hologic
The number of cover stories for Hologic depends on current market conditions and Hologic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hologic 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 Hologic'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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Hologic Short Properties
Hologic's future price predictability will typically decrease when Hologic's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hologic often depends not only on the future outlook of the potential Hologic'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. Hologic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 237.6 M | |
| Cash And Short Term Investments | 2.3 B |
Additional Tools for Hologic Stock Analysis
When running Hologic's price analysis, check to measure Hologic'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 Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.