Hooker Furniture Stock Forecast - Naive Prediction
| HOFT Stock | USD 13.16 0.09 0.69% |
The Naive Prediction forecasted value of Hooker Furniture on the next trading day is expected to be 13.31 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.80. Hooker Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Hooker Furniture's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.575 | EPS Estimate Current Year (0.34) | EPS Estimate Next Year 0.88 | Wall Street Target Price 15 | EPS Estimate Current Quarter (0.14) |
Using Hooker Furniture hype-based prediction, you can estimate the value of Hooker Furniture from the perspective of Hooker Furniture response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Hooker Furniture using Hooker Furniture's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Hooker using crowd psychology based on the activity and movement of Hooker Furniture's stock price.
Hooker Furniture Implied Volatility | 2.08 |
Hooker Furniture's implied volatility exposes the market's sentiment of Hooker Furniture stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hooker Furniture'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 Hooker Furniture stock will not fluctuate a lot when Hooker Furniture's options are near their expiration.
The Naive Prediction forecasted value of Hooker Furniture on the next trading day is expected to be 13.31 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.80. Hooker Furniture after-hype prediction price | USD 11.59 |
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 Hooker Furniture to cross-verify your projections. Prediction based on Rule 16 of the current Hooker contract
Based on the Rule 16, the options market is currently suggesting that Hooker Furniture will have an average daily up or down price movement of about 0.13% per day over the life of the 2026-03-20 option contract. With Hooker Furniture trading at USD 13.16, that is roughly USD 0.0171 . If you think that the market is fully incorporating Hooker Furniture's daily price movement you should consider acquiring Hooker Furniture options at the current volatility level of 2.08%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Hooker Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hooker Furniture'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 Hooker Furniture's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hooker Furniture 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 Hooker Furniture's open interest, investors have to compare it to Hooker Furniture'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 Hooker Furniture 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 Hooker. 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.
Hooker Furniture Additional Predictive Modules
Most predictive techniques to examine Hooker price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hooker using various technical indicators. When you analyze Hooker 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 |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Hooker Furniture's financial statements to predict how it will affect future prices.
Cash | First Reported 1999-01-31 | Previous Quarter 821 K | Current Value 1.4 M | Quarterly Volatility 18.7 M |
Hooker Furniture Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of Hooker Furniture on the next trading day is expected to be 13.31 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.80.Please note that although there have been many attempts to predict Hooker 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 Hooker Furniture's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hooker Furniture Stock Forecast Pattern
| Backtest Hooker Furniture | Hooker Furniture Price Prediction | Buy or Sell Advice |
Hooker Furniture Forecasted Value
In the context of forecasting Hooker Furniture'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. Hooker Furniture's downside and upside margins for the forecasting period are 10.66 and 15.95, respectively. We have considered Hooker Furniture'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 Hooker Furniture stock data series using in forecasting. Note that when a statistical model is used to represent Hooker Furniture 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 | 117.0344 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1742 |
| MAPE | Mean absolute percentage error | 0.016 |
| SAE | Sum of the absolute errors | 10.8018 |
Predictive Modules for Hooker Furniture
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hooker Furniture. 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.Hooker Furniture After-Hype Price Prediction Density Analysis
As far as predicting the price of Hooker Furniture 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 Hooker Furniture 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 Hooker Furniture, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hooker Furniture Estimiated After-Hype Price Volatility
In the context of predicting Hooker Furniture's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hooker Furniture's historical news coverage. Hooker Furniture's after-hype downside and upside margins for the prediction period are 8.95 and 14.23, respectively. We have considered Hooker Furniture'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
Hooker Furniture is not too volatile at this time. Analysis and calculation of next after-hype price of Hooker Furniture is based on 3 months time horizon.
Hooker Furniture Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Hooker Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hooker Furniture 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 Hooker Furniture, 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 |
0.66 | 2.64 | 6.78 | 0.03 | 2 Events / Month | 6 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
13.16 | 11.59 | 11.93 |
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Hooker Furniture Hype Timeline
Hooker Furniture is currently traded for 13.16. The entity has historical hype elasticity of -6.78, and average elasticity to hype of competition of -0.03. Hooker is forecasted to decline in value after the next headline, with the price expected to drop to 11.59. The average volatility of media hype impact on the company price is about 25.68%. The price decrease on the next news is expected to be -11.93%, whereas the daily expected return is currently at 0.66%. The volatility of related hype on Hooker Furniture is about 6947.37%, with the expected price after the next announcement by competition of 13.13. About 75.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hooker Furniture has Price/Earnings To Growth (PEG) ratio of 2.43. The entity recorded a loss per share of 1.93. The firm last dividend was issued on the 19th of December 2025. Hooker Furniture had 2:1 split on the 2nd of February 2004. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Hooker Furniture to cross-verify your projections.Hooker Furniture Related Hype Analysis
Having access to credible news sources related to Hooker Furniture's direct competition is more important than ever and may enhance your ability to predict Hooker Furniture's future price movements. Getting to know how Hooker Furniture'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 Hooker Furniture may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NVFY | NVFY Old | 0.32 | 8 per month | 3.04 | 0.19 | 11.36 | (7.81) | 68.23 | |
| PRPL | Purple Innovation | (0.02) | 9 per month | 0.00 | (0.06) | 6.25 | (5.48) | 27.01 | |
| LCUT | Lifetime Brands | (0.08) | 12 per month | 3.09 | 0.05 | 6.01 | (4.39) | 21.40 | |
| FLL | Full House Resorts | 0.05 | 7 per month | 0.00 | (0.06) | 4.86 | (4.87) | 16.22 | |
| VIRC | Virco Manufacturing | 0.06 | 8 per month | 0.00 | (0.1) | 3.53 | (3.72) | 11.88 | |
| DIBS | 1StdibsCom | (0.03) | 18 per month | 2.13 | 0.26 | 9.58 | (4.17) | 23.12 | |
| NCL | Northann Corp | 0.03 | 8 per month | 0.00 | (0.10) | 11.76 | (13.33) | 81.07 | |
| GP | GreenPower Motor | 0.02 | 9 per month | 0.00 | (0.15) | 7.14 | (10.58) | 61.80 | |
| STKS | One Group Hospitality | (0.56) | 2 per month | 0.00 | (0.03) | 5.75 | (5.69) | 28.79 | |
| UFI | Unifi Inc | (0.17) | 8 per month | 0.00 | (0.06) | 5.80 | (5.47) | 24.16 |
Other Forecasting Options for Hooker Furniture
For every potential investor in Hooker, whether a beginner or expert, Hooker Furniture's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hooker Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hooker. Basic forecasting techniques help filter out the noise by identifying Hooker Furniture's price trends.Hooker Furniture 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 Hooker Furniture stock to make a market-neutral strategy. Peer analysis of Hooker Furniture could also be used in its relative valuation, which is a method of valuing Hooker Furniture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hooker Furniture Market Strength Events
Market strength indicators help investors to evaluate how Hooker Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hooker Furniture shares will generate the highest return on investment. By undertsting and applying Hooker Furniture stock market strength indicators, traders can identify Hooker Furniture entry and exit signals to maximize returns.
| Accumulation Distribution | 1146.49 | |||
| Daily Balance Of Power | 0.1552 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 12.98 | |||
| Day Typical Price | 13.04 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | 0.09 |
Hooker Furniture Risk Indicators
The analysis of Hooker Furniture'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 Hooker Furniture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hooker 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 | 1.93 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.81 | |||
| Downside Variance | 6.53 | |||
| Semi Variance | 4.06 | |||
| Expected Short fall | (2.14) |
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 Hooker Furniture
The number of cover stories for Hooker Furniture depends on current market conditions and Hooker Furniture's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hooker Furniture 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 Hooker Furniture'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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Hooker Furniture Short Properties
Hooker Furniture's future price predictability will typically decrease when Hooker Furniture's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hooker Furniture often depends not only on the future outlook of the potential Hooker Furniture'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. Hooker Furniture's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.5 M | |
| Cash And Short Term Investments | 6.3 M |
Additional Tools for Hooker Stock Analysis
When running Hooker Furniture's price analysis, check to measure Hooker Furniture'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 Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.