CONMED Stock Forward View
| CNMD Stock | USD 38.39 1.08 2.89% |
CONMED Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast CONMED stock prices and determine the direction of CONMED's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CONMED's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of CONMED's share price is approaching 40 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 CONMED, making its price go up or down. Momentum 40
Sell Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.50) | EPS Estimate Next Quarter 0.92 | EPS Estimate Current Year 4.3519 | EPS Estimate Next Year 4.9747 | Wall Street Target Price 48.6 |
Using CONMED hype-based prediction, you can estimate the value of CONMED from the perspective of CONMED response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards CONMED using CONMED's stock options and short interest. It helps to benchmark the overall future attitude of investors towards CONMED using crowd psychology based on the activity and movement of CONMED's stock price.
CONMED Short Interest
A significant increase or decrease in CONMED's short interest from the previous month could be a good indicator of investor sentiment towards CONMED. Short interest can provide insight into the potential direction of CONMED stock and how bullish or bearish investors feel about the market overall.
200 Day MA 48.8947 | Short Percent 0.1025 | Short Ratio 3.99 | Shares Short Prior Month 1 M | 50 Day MA 41.3402 |
CONMED Relative Strength Index
The Naive Prediction forecasted value of CONMED on the next trading day is expected to be 34.87 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 61.15.CONMED Hype to Price Pattern
Investor biases related to CONMED's public news can be used to forecast risks associated with an investment in CONMED. The trend in average sentiment can be used to explain how an investor holding CONMED can time the market purely based on public headlines and social activities around CONMED. 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 CONMED's market sentiment to its price can help taders to make decisions based on the overall investors consensus about CONMED.
CONMED Implied Volatility | 0.71 |
CONMED's implied volatility exposes the market's sentiment of CONMED stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CONMED'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 CONMED stock will not fluctuate a lot when CONMED's options are near their expiration.
The Naive Prediction forecasted value of CONMED on the next trading day is expected to be 34.87 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 61.15. CONMED after-hype prediction price | USD 38.39 |
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 Historical Fundamental Analysis of CONMED to cross-verify your projections. Prediction based on Rule 16 of the current CONMED contract
Based on the Rule 16, the options market is currently suggesting that CONMED will have an average daily up or down price movement of about 0.0444% per day over the life of the 2026-03-20 option contract. With CONMED trading at USD 38.39, that is roughly USD 0.017 . If you think that the market is fully incorporating CONMED's daily price movement you should consider acquiring CONMED options at the current volatility level of 0.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 CONMED Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CONMED's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in CONMED's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CONMED stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current CONMED's open interest, investors have to compare it to CONMED's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of CONMED is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in CONMED. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
CONMED Additional Predictive Modules
Most predictive techniques to examine CONMED price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CONMED using various technical indicators. When you analyze CONMED 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 |
CONMED Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the CONMED's financial statements to predict how it will affect future prices.
Cash | First Reported 1986-12-31 | Previous Quarter 33.9 M | Current Value 38.9 M | Quarterly Volatility 17.3 M |
CONMED Naive Prediction Price Forecast For the 1st of February
Given 90 days horizon, the Naive Prediction forecasted value of CONMED on the next trading day is expected to be 34.87 with a mean absolute deviation of 1.00, mean absolute percentage error of 1.59, and the sum of the absolute errors of 61.15.Please note that although there have been many attempts to predict CONMED Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that CONMED's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CONMED Stock Forecast Pattern
| Backtest CONMED | CONMED Price Prediction | Buy or Sell Advice |
CONMED Forecasted Value
In the context of forecasting CONMED's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. CONMED's downside and upside margins for the forecasting period are 32.34 and 37.40, respectively. We have considered CONMED's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of CONMED stock data series using in forecasting. Note that when a statistical model is used to represent CONMED stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.5771 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0025 |
| MAPE | Mean absolute percentage error | 0.0241 |
| SAE | Sum of the absolute errors | 61.1528 |
Predictive Modules for CONMED
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CONMED. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CONMED After-Hype Price Density Analysis
As far as predicting the price of CONMED 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 CONMED 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 CONMED, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
CONMED Estimiated After-Hype Price Volatility
In the context of predicting CONMED's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CONMED's historical news coverage. CONMED's after-hype downside and upside margins for the prediction period are 35.84 and 40.94, respectively. We have considered CONMED'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
CONMED is very steady at this time. Analysis and calculation of next after-hype price of CONMED is based on 3 months time horizon.
CONMED Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as CONMED is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CONMED 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 CONMED, 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 |
0.22 | 2.53 | 0.28 | 0.05 | 11 Events / Month | 7 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
38.39 | 38.39 | 0.00 |
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CONMED Hype Timeline
CONMED is currently traded for 38.39. The entity has historical hype elasticity of 0.28, and average elasticity to hype of competition of 0.05. CONMED is expected 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 expected to be very small, whereas the daily expected return is currently at -0.22%. %. The volatility of related hype on CONMED is about 1109.65%, with the expected price after the next announcement by competition of 38.44. About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.15. Some equities with similar Price to Book (P/B) outperform the market in the long run. CONMED has Price/Earnings (P/E) ratio of 188.03. The entity last dividend was issued on the 15th of September 2025. The firm had 3:2 split on the 10th of September 2001. Given the investment horizon of 90 days the next expected press release will be in about 11 days. Check out Historical Fundamental Analysis of CONMED to cross-verify your projections.CONMED Related Hype Analysis
Having access to credible news sources related to CONMED's direct competition is more important than ever and may enhance your ability to predict CONMED's future price movements. Getting to know how CONMED'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 CONMED may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ESTA | Establishment Labs Holdings | 3.56 | 9 per month | 2.77 | 0.12 | 4.75 | (5.80) | 30.17 | |
| AHCO | Adapthealth Corp | 0.21 | 6 per month | 2.19 | 0.03 | 4.17 | (3.28) | 24.44 | |
| UFPT | UFP Technologies | 0.70 | 10 per month | 2.40 | 0.12 | 4.83 | (4.31) | 17.63 | |
| SSII | SS Innovations International | 0.51 | 23 per month | 0.00 | (0.22) | 7.43 | (7.29) | 20.25 | |
| NEOG | Neogen | (0.21) | 11 per month | 2.05 | 0.17 | 5.96 | (3.70) | 34.17 | |
| INMD | InMode | (0.20) | 9 per month | 1.99 | (0.01) | 2.37 | (2.29) | 11.78 | |
| KMTS | Kestra Medical Technologies | (2.04) | 9 per month | 0.00 | (0.03) | 4.59 | (7.02) | 20.54 | |
| NVCR | Novocure | 0.15 | 6 per month | 0.00 | (0.04) | 4.95 | (4.90) | 14.06 | |
| AZTA | Azenta Inc | (0.67) | 9 per month | 1.98 | 0.10 | 3.81 | (3.24) | 22.17 | |
| NTLA | Intellia Therapeutics | 0.27 | 9 per month | 0.00 | (0.01) | 10.12 | (7.99) | 33.96 |
Other Forecasting Options for CONMED
For every potential investor in CONMED, whether a beginner or expert, CONMED's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CONMED Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CONMED. Basic forecasting techniques help filter out the noise by identifying CONMED's price trends.CONMED Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CONMED stock to make a market-neutral strategy. Peer analysis of CONMED could also be used in its relative valuation, which is a method of valuing CONMED by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CONMED Market Strength Events
Market strength indicators help investors to evaluate how CONMED stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CONMED shares will generate the highest return on investment. By undertsting and applying CONMED stock market strength indicators, traders can identify CONMED entry and exit signals to maximize returns.
CONMED Risk Indicators
The analysis of CONMED's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CONMED's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting conmed stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.86 | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.43 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for CONMED
The number of cover stories for CONMED depends on current market conditions and CONMED's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CONMED 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 CONMED'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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Check out Historical Fundamental Analysis of CONMED to cross-verify your projections. For information on how to trade CONMED Stock refer to our How to Trade CONMED Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Will Health Care Equipment & Supplies sector continue expanding? Could CONMED diversify its offerings? Factors like these will boost the valuation of CONMED. Projected growth potential of CONMED fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every CONMED data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.50) | Dividend Share 0.6 | Earnings Share 1.55 | Revenue Per Share | Quarterly Revenue Growth 0.079 |
CONMED's market price often diverges from its book value, the accounting figure shown on CONMED's balance sheet. Smart investors calculate CONMED's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since CONMED's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between CONMED's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CONMED should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, CONMED'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.