Sensient Technologies Stock Forward View - Simple Moving Average
| SXT Stock | USD 94.52 1.08 1.13% |
Sensient Stock outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Sensient Technologies' share price is approaching 49. This usually implies 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 Sensient Technologies, making its price go up or down. Momentum 49
Impartial
Oversold | Overbought |
Using Sensient Technologies hype-based prediction, you can estimate the value of Sensient Technologies from the perspective of Sensient Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Sensient Technologies on the next trading day is expected to be 94.52 with a mean absolute deviation of 1.27 and the sum of the absolute errors of 75.22. Sensient Technologies after-hype prediction price | USD 94.63 |
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 Sensient Technologies to cross-verify your projections. Sensient Technologies Additional Predictive Modules
Most predictive techniques to examine Sensient price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sensient using various technical indicators. When you analyze Sensient 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 |
Sensient Technologies Simple Moving Average Price Forecast For the 2nd of February
Given 90 days horizon, the Simple Moving Average forecasted value of Sensient Technologies on the next trading day is expected to be 94.52 with a mean absolute deviation of 1.27, mean absolute percentage error of 2.35, and the sum of the absolute errors of 75.22.Please note that although there have been many attempts to predict Sensient 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 Sensient Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sensient Technologies Stock Forecast Pattern
| Backtest Sensient Technologies | Sensient Technologies Price Prediction | Buy or Sell Advice |
Sensient Technologies Forecasted Value
In the context of forecasting Sensient Technologies' 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. Sensient Technologies' downside and upside margins for the forecasting period are 92.85 and 96.19, respectively. We have considered Sensient Technologies' 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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Sensient Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Sensient Technologies 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 | 115.2883 |
| Bias | Arithmetic mean of the errors | -0.0114 |
| MAD | Mean absolute deviation | 1.2749 |
| MAPE | Mean absolute percentage error | 0.0134 |
| SAE | Sum of the absolute errors | 75.22 |
Predictive Modules for Sensient Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sensient Technologies. 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 Sensient Technologies' 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.
Sensient Technologies After-Hype Price Density Analysis
As far as predicting the price of Sensient Technologies 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 Sensient Technologies 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 Sensient Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sensient Technologies Estimiated After-Hype Price Volatility
In the context of predicting Sensient Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sensient Technologies' historical news coverage. Sensient Technologies' after-hype downside and upside margins for the prediction period are 92.96 and 96.30, respectively. We have considered Sensient Technologies' 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
Sensient Technologies is very steady at this time. Analysis and calculation of next after-hype price of Sensient Technologies is based on 3 months time horizon.
Sensient Technologies Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Sensient Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sensient Technologies 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 Sensient Technologies, 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 |
0.07 | 1.67 | 0.00 | 0.08 | 0 Events / Month | 5 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
94.52 | 94.63 | 0.12 |
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Sensient Technologies Hype Timeline
On the 1st of February Sensient Technologies is traded for 94.52. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.08. Sensient is anticipated to increase in value after the next headline, with the price projected to jump to 94.63 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is projected to be 0.12%, whereas the daily expected return is at this time at 0.07%. The volatility of related hype on Sensient Technologies is about 155.78%, with the expected price after the next announcement by competition of 94.60. The company reported the last year's revenue of 1.56 B. Total Income to common stockholders was 124.67 M with profit before taxes, overhead, and interest of 539.72 M. Considering the 90-day investment horizon the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Sensient Technologies to cross-verify your projections.Sensient Technologies Related Hype Analysis
Having access to credible news sources related to Sensient Technologies' direct competition is more important than ever and may enhance your ability to predict Sensient Technologies' future price movements. Getting to know how Sensient Technologies' 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 Sensient Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SSL | Sasol | 0.00 | 0 per month | 3.39 | 0.06 | 5.23 | (4.81) | 18.92 | |
| CBT | Cabot | 0.04 | 9 per month | 1.89 | 0 | 3.72 | (2.71) | 8.68 | |
| PRM | Perimeter Solutions SA | (0.19) | 10 per month | 2.30 | 0.1 | 3.38 | (2.61) | 30.19 | |
| FUL | H B Fuller | (0.31) | 10 per month | 1.51 | (0.02) | 3.48 | (2.38) | 8.23 | |
| CE | Celanese | 0.00 | 0 per month | 2.29 | 0.09 | 6.75 | (4.78) | 20.15 | |
| AVNT | Avient Corp | 1.25 | 26 per month | 1.42 | 0.09 | 3.41 | (2.45) | 8.87 | |
| BCPC | Balchem | 0.00 | 0 per month | 0.82 | 0.11 | 3.26 | (1.53) | 7.13 | |
| HWKN | Hawkins | 0.65 | 7 per month | 0.00 | (0.15) | 3.29 | (5.80) | 14.80 | |
| WDFC | WD 40 Company | 6.97 | 8 per month | 1.72 | 0.13 | 3.03 | (1.91) | 10.75 | |
| KNF | Knife River | 2.31 | 13 per month | 2.38 | 0.04 | 3.85 | (3.57) | 16.62 |
Other Forecasting Options for Sensient Technologies
For every potential investor in Sensient, whether a beginner or expert, Sensient Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sensient Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sensient. Basic forecasting techniques help filter out the noise by identifying Sensient Technologies' price trends.Sensient Technologies 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 Sensient Technologies stock to make a market-neutral strategy. Peer analysis of Sensient Technologies could also be used in its relative valuation, which is a method of valuing Sensient Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sensient Technologies Market Strength Events
Market strength indicators help investors to evaluate how Sensient Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sensient Technologies shares will generate the highest return on investment. By undertsting and applying Sensient Technologies stock market strength indicators, traders can identify Sensient Technologies entry and exit signals to maximize returns.
Sensient Technologies Risk Indicators
The analysis of Sensient Technologies' 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 Sensient Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sensient 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 | 1.24 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 2.74 | |||
| Semi Variance | 2.41 | |||
| Expected Short fall | (1.35) |
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 Sensient Technologies
The number of cover stories for Sensient Technologies depends on current market conditions and Sensient Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sensient Technologies 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 Sensient Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Sensient Technologies Short Properties
Sensient Technologies' future price predictability will typically decrease when Sensient Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sensient Technologies often depends not only on the future outlook of the potential Sensient Technologies' 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. Sensient Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.4 M | |
| Cash And Short Term Investments | 26.6 M |
Additional Tools for Sensient Stock Analysis
When running Sensient Technologies' price analysis, check to measure Sensient Technologies' 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 Sensient Technologies is operating at the current time. Most of Sensient Technologies' value examination focuses on studying past and present price action to predict the probability of Sensient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sensient Technologies' price. Additionally, you may evaluate how the addition of Sensient Technologies to your portfolios can decrease your overall portfolio volatility.