Cannae Holdings Stock Price Prediction

CNNE Stock  USD 18.69  0.45  2.47%   
At the present time, the relative strength index (RSI) of Cannae Holdings' share price is approaching 48 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Cannae Holdings, making its price go up or down.

Oversold Vs Overbought

48

 
Oversold
 
Overbought
The successful prediction of Cannae Holdings' 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 Cannae Holdings and does not consider all of the tangible or intangible factors available from Cannae Holdings' fundamental data. We analyze noise-free headlines and recent hype associated with Cannae Holdings, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Cannae Holdings' stock price prediction:
Quarterly Earnings Growth
(0.67)
EPS Estimate Next Quarter
(0.18)
EPS Estimate Current Year
(4.22)
EPS Estimate Next Year
(0.73)
Wall Street Target Price
27
Using Cannae Holdings hype-based prediction, you can estimate the value of Cannae Holdings from the perspective of Cannae Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Cannae Holdings to buy its stock at a price that has no basis in reality. In that case, they are not buying Cannae 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.

Cannae Holdings after-hype prediction price

    
  USD 18.69  
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 Cannae Holdings Basic Forecasting Models to cross-verify your projections.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cannae Holdings' 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
16.8222.0323.91
Details
Naive
Forecast
LowNextHigh
16.7418.6220.51
Details
3 Analysts
Consensus
LowTargetHigh
28.9831.8535.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.34-0.22-0.05
Details

Cannae Holdings After-Hype Price Prediction Density Analysis

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

Cannae Holdings Estimiated After-Hype Price Volatility

In the context of predicting Cannae Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cannae Holdings' historical news coverage. Cannae Holdings' after-hype downside and upside margins for the prediction period are 16.81 and 20.57, respectively. We have considered Cannae Holdings' 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
18.69
18.69
After-hype Price
20.57
Upside
Cannae Holdings is very steady at this time. Analysis and calculation of next after-hype price of Cannae Holdings is based on 3 months time horizon.

Cannae Holdings Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Cannae Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cannae Holdings 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 Cannae Holdings, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
1.88
 0.00  
 0.00  
8 Events / Month
2 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.69
18.69
0.00 
458.54  
Notes

Cannae Holdings Hype Timeline

Cannae Holdings is currently traded for 18.69. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cannae is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Cannae Holdings is about 3357.14%, with the expected price after the next announcement by competition of 18.69. About 83.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cannae Holdings recorded a loss per share of 6.74. The entity last dividend was issued on the 16th of September 2024. Given the investment horizon of 90 days the next estimated press release will be in about 8 days.
Check out Cannae Holdings Basic Forecasting Models to cross-verify your projections.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Cannae Holdings Related Hype Analysis

Having access to credible news sources related to Cannae Holdings' direct competition is more important than ever and may enhance your ability to predict Cannae Holdings' future price movements. Getting to know how Cannae Holdings' 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 Cannae Holdings may potentially react to the hype associated with one of its peers.

Cannae Holdings Additional Predictive Modules

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

The successful prediction of Cannae Holdings 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 Cannae Holdings, 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 Cannae Holdings based on analysis of Cannae Holdings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cannae Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cannae Holdings's related companies.
 2021 2022 2024 (projected)
Days Sales Outstanding8.71.0522.59
PTB Ratio0.950.621.23

Story Coverage note for Cannae Holdings

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

Cannae Holdings Short Properties

Cannae Holdings' future price predictability will typically decrease when Cannae Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cannae Holdings often depends not only on the future outlook of the potential Cannae Holdings' 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. Cannae Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding73.4 M
Cash And Short Term Investments121.8 M

Complementary Tools for Cannae Stock analysis

When running Cannae Holdings' price analysis, check to measure Cannae Holdings' 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 Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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