DENTSPLY SIRONA Stock Forward View - Simple Exponential Smoothing
| DY2 Stock | 10.59 0.04 0.38% |
DENTSPLY Stock outlook is based on your current time horizon.
At this time, The relative strength momentum indicator of DENTSPLY SIRONA's share price is at 52 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling DENTSPLY SIRONA, making its price go up or down. Momentum 52
Impartial
Oversold | Overbought |
Using DENTSPLY SIRONA hype-based prediction, you can estimate the value of DENTSPLY SIRONA from the perspective of DENTSPLY SIRONA response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of DENTSPLY SIRONA on the next trading day is expected to be 10.59 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.21. DENTSPLY SIRONA after-hype prediction price | EUR 10.73 |
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.
DENTSPLY |
DENTSPLY SIRONA Additional Predictive Modules
Most predictive techniques to examine DENTSPLY price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for DENTSPLY using various technical indicators. When you analyze DENTSPLY 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
DENTSPLY SIRONA Simple Exponential Smoothing Price Forecast For the 20th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of DENTSPLY SIRONA on the next trading day is expected to be 10.59 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.21.Please note that although there have been many attempts to predict DENTSPLY Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that DENTSPLY SIRONA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
DENTSPLY SIRONA Stock Forecast Pattern
| Backtest DENTSPLY SIRONA | DENTSPLY SIRONA Price Prediction | Research Analysis |
DENTSPLY SIRONA Forecasted Value
In the context of forecasting DENTSPLY SIRONA'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. DENTSPLY SIRONA's downside and upside margins for the forecasting period are 7.76 and 13.42, respectively. We have considered DENTSPLY SIRONA'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of DENTSPLY SIRONA stock data series using in forecasting. Note that when a statistical model is used to represent DENTSPLY SIRONA 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 | 113.7931 |
| Bias | Arithmetic mean of the errors | -0.0328 |
| MAD | Mean absolute deviation | 0.2035 |
| MAPE | Mean absolute percentage error | 0.0197 |
| SAE | Sum of the absolute errors | 12.21 |
Predictive Modules for DENTSPLY SIRONA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DENTSPLY SIRONA. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DENTSPLY SIRONA'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.
DENTSPLY SIRONA After-Hype Price Density Analysis
As far as predicting the price of DENTSPLY SIRONA 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 DENTSPLY SIRONA 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 DENTSPLY SIRONA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
DENTSPLY SIRONA Estimiated After-Hype Price Volatility
In the context of predicting DENTSPLY SIRONA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on DENTSPLY SIRONA's historical news coverage. DENTSPLY SIRONA's after-hype downside and upside margins for the prediction period are 7.90 and 13.56, respectively. We have considered DENTSPLY SIRONA'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
DENTSPLY SIRONA is somewhat reliable at this time. Analysis and calculation of next after-hype price of DENTSPLY SIRONA is based on 3 months time horizon.
DENTSPLY SIRONA Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as DENTSPLY SIRONA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DENTSPLY SIRONA 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 DENTSPLY SIRONA, 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 |
0.40 | 2.83 | 0.14 | 0.61 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
10.59 | 10.73 | 1.32 |
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DENTSPLY SIRONA Hype Timeline
DENTSPLY SIRONA is currently traded for 10.59on Stuttgart Exchange of Germany. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of -0.61. DENTSPLY is anticipated to increase in value after the next headline, with the price projected to jump to 10.73 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is anticipated to be 1.32%, whereas the daily expected return is currently at 0.4%. The volatility of related hype on DENTSPLY SIRONA is about 185.88%, with the expected price after the next announcement by competition of 9.98. The company reported the revenue of 3.79 B. Net Loss for the year was (910 M) with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days trading horizon the next anticipated press release will be in about 7 days. Check out Historical Fundamental Analysis of DENTSPLY SIRONA to cross-verify your projections.DENTSPLY SIRONA Related Hype Analysis
Having access to credible news sources related to DENTSPLY SIRONA's direct competition is more important than ever and may enhance your ability to predict DENTSPLY SIRONA's future price movements. Getting to know how DENTSPLY SIRONA'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 DENTSPLY SIRONA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DFA1 | DAIRY FARM INTL | 0.04 | 1 per month | 1.32 | 0.10 | 4.22 | (2.63) | 9.55 | |
| AY5 | Australian Agricultural | 0.00 | 2 per month | 1.57 | (0) | 3.90 | (2.53) | 10.13 | |
| 1ZO | ZhongAn Online P | 0.01 | 4 per month | 0.00 | (0.07) | 4.12 | (2.86) | 8.29 | |
| UAO | Sterling Construction | (11.80) | 7 per month | 4.98 | 0.02 | 6.41 | (8.37) | 19.28 | |
| TCW | Tokyu Construction Co | (0.05) | 3 per month | 1.12 | 0.23 | 5.47 | (2.74) | 13.53 | |
| EK7A | AGRICULTBK HADR25 YC | (0.30) | 1 per month | 0.00 | (0.16) | 2.10 | (2.72) | 7.27 | |
| MNL | Gruppo Mutuionline SpA | (0.10) | 1 per month | 0.00 | (0.19) | 2.77 | (3.26) | 12.90 | |
| EK7 | Agricultural Bank of | 0.02 | 1 per month | 0.00 | (0.03) | 5.26 | (6.15) | 26.17 |
Other Forecasting Options for DENTSPLY SIRONA
For every potential investor in DENTSPLY, whether a beginner or expert, DENTSPLY SIRONA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DENTSPLY Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DENTSPLY. Basic forecasting techniques help filter out the noise by identifying DENTSPLY SIRONA's price trends.DENTSPLY SIRONA 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 DENTSPLY SIRONA stock to make a market-neutral strategy. Peer analysis of DENTSPLY SIRONA could also be used in its relative valuation, which is a method of valuing DENTSPLY SIRONA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DENTSPLY SIRONA Market Strength Events
Market strength indicators help investors to evaluate how DENTSPLY SIRONA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DENTSPLY SIRONA shares will generate the highest return on investment. By undertsting and applying DENTSPLY SIRONA stock market strength indicators, traders can identify DENTSPLY SIRONA entry and exit signals to maximize returns.
DENTSPLY SIRONA Risk Indicators
The analysis of DENTSPLY SIRONA'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 DENTSPLY SIRONA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dentsply 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 | 2.0 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.83 | |||
| Downside Variance | 4.95 | |||
| Semi Variance | 4.05 | |||
| Expected Short fall | (2.43) |
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 DENTSPLY SIRONA
The number of cover stories for DENTSPLY SIRONA depends on current market conditions and DENTSPLY SIRONA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that DENTSPLY SIRONA 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 DENTSPLY SIRONA'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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Additional Tools for DENTSPLY Stock Analysis
When running DENTSPLY SIRONA's price analysis, check to measure DENTSPLY SIRONA'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 DENTSPLY SIRONA is operating at the current time. Most of DENTSPLY SIRONA's value examination focuses on studying past and present price action to predict the probability of DENTSPLY SIRONA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DENTSPLY SIRONA's price. Additionally, you may evaluate how the addition of DENTSPLY SIRONA to your portfolios can decrease your overall portfolio volatility.