Saga Communications Stock Price Prediction

SGA Stock  USD 13.00  0.09  0.69%   
The relative strength momentum indicator of Saga Communications' share price is below 30 at this time. This usually implies that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Saga Communications, making its price go up or down.

Oversold Vs Overbought

25

 
Oversold
 
Overbought
The successful prediction of Saga Communications' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Saga Communications, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Saga Communications' stock price prediction:
Quarterly Earnings Growth
(0.55)
EPS Estimate Next Quarter
0.21
Wall Street Target Price
24
EPS Estimate Current Quarter
0.13
Quarterly Revenue Growth
(0.04)
Using Saga Communications hype-based prediction, you can estimate the value of Saga Communications from the perspective of Saga Communications 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 Saga Communications to buy its stock at a price that has no basis in reality. In that case, they are not buying Saga 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.

Saga Communications after-hype prediction price

    
  USD 12.99  
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 Saga Communications Basic Forecasting Models to cross-verify your projections.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.
Intrinsic
Valuation
LowRealHigh
11.7016.5118.17
Details
1 Analysts
Consensus
LowTargetHigh
24.5727.0029.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Saga Communications. Your research has to be compared to or analyzed against Saga Communications' peers to derive any actionable benefits. When done correctly, Saga Communications' 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 Saga Communications.

Saga Communications After-Hype Price Prediction Density Analysis

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

Saga Communications Estimiated After-Hype Price Volatility

In the context of predicting Saga Communications' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Saga Communications' historical news coverage. Saga Communications' after-hype downside and upside margins for the prediction period are 11.33 and 14.65, respectively. We have considered Saga Communications' 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
13.00
12.99
After-hype Price
14.65
Upside
Saga Communications is very steady at this time. Analysis and calculation of next after-hype price of Saga Communications is based on 3 months time horizon.

Saga Communications Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Saga Communications is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Saga Communications 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 Saga Communications, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
1.67
  0.01 
  0.09 
10 Events / Month
6 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13.00
12.99
0.08 
2,386  
Notes

Saga Communications Hype Timeline

On the 27th of November Saga Communications is traded for 13.00. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.09. Saga is forecasted to decline in value after the next headline, with the price expected to drop to 12.99. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.08%, whereas the daily expected return is at this time at -0.16%. The volatility of related hype on Saga Communications is about 288.64%, with the expected price after the next announcement by competition of 13.09. About 24.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Saga Communications last dividend was issued on the 25th of November 2024. The entity had 4:3 split on the 17th of January 2013. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days.
Check out Saga Communications Basic Forecasting Models to cross-verify your projections.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.

Saga Communications Related Hype Analysis

Having access to credible news sources related to Saga Communications' direct competition is more important than ever and may enhance your ability to predict Saga Communications' future price movements. Getting to know how Saga Communications' 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 Saga Communications 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
DISWalt Disney(1.21)9 per month 0.60  0.18  2.34 (1.38) 7.57 
ROKURoku Inc 0.72 7 per month 4.18 (0.02) 4.96 (4.28) 24.17 
NFLXNetflix 3.59 7 per month 1.32  0.12  2.80 (2.47) 13.04 
AMCAMC Entertainment Holdings 0.19 11 per month 0.00 (0.06) 4.33 (3.94) 11.40 
WBDWarner Bros Discovery 0.32 8 per month 2.17  0.09  5.42 (3.45) 18.30 
NWSANews Corp A 0.54 9 per month 1.21 (0.04) 1.73 (1.68) 6.51 
NWSNews Corp B(0.10)10 per month 1.13  0.02  1.77 (1.64) 6.61 

Saga Communications Additional Predictive Modules

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

The successful prediction of Saga Communications 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 Saga Communications, 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 Saga Communications based on analysis of Saga Communications hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Saga Communications's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Saga Communications's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01340.140.150.16
Price To Sales Ratio1.321.231.192.17

Story Coverage note for Saga Communications

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

Saga Communications Short Properties

Saga Communications' future price predictability will typically decrease when Saga Communications' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Saga Communications often depends not only on the future outlook of the potential Saga Communications' 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. Saga Communications' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingM
Cash And Short Term Investments40.2 M

Complementary Tools for Saga Stock analysis

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