NetApp (UK) Price Prediction

0K6F Stock   123.62  0.98  0.80%   
At the present time, The relative strength index (RSI) of NetApp's share price is at 53. This suggests 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 NetApp, making its price go up or down.

Oversold Vs Overbought

53

 
Oversold
 
Overbought
The successful prediction of NetApp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NetApp and does not consider all of the tangible or intangible factors available from NetApp's fundamental data. We analyze noise-free headlines and recent hype associated with NetApp Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting NetApp's stock price prediction:
Quarterly Earnings Growth
0.696
Quarterly Revenue Growth
0.076
Using NetApp hype-based prediction, you can estimate the value of NetApp Inc from the perspective of NetApp 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 NetApp to buy its stock at a price that has no basis in reality. In that case, they are not buying NetApp 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.

NetApp after-hype prediction price

    
  USD 123.48  
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 NetApp Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
107.41109.20135.98
Details
Naive
Forecast
LowNextHigh
120.24122.03123.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
118.96122.20125.44
Details

NetApp After-Hype Price Prediction Density Analysis

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

NetApp Estimiated After-Hype Price Volatility

In the context of predicting NetApp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NetApp's historical news coverage. NetApp's after-hype downside and upside margins for the prediction period are 121.69 and 125.27, respectively. We have considered NetApp'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
123.62
121.69
Downside
123.48
After-hype Price
125.27
Upside
NetApp is very steady at this time. Analysis and calculation of next after-hype price of NetApp Inc is based on 3 months time horizon.

NetApp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as NetApp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NetApp 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 NetApp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
1.79
  0.14 
  0.12 
2 Events / Month
2 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
123.62
123.48
0.11 
114.01  
Notes

NetApp Hype Timeline

NetApp Inc is presently traded for 123.62on London Exchange of UK. The entity has historical hype elasticity of -0.14, and average elasticity to hype of competition of 0.12. NetApp is projected to decline in value after the next headline, with the price expected to drop to 123.48. The average volatility of media hype impact on the company price is about 114.01%. The price decline on the next news is expected to be -0.11%, whereas the daily expected return is presently at 0.09%. The volatility of related hype on NetApp is about 130.78%, with the expected price after the next announcement by competition of 123.74. About 94.0% of the company shares are owned by institutions such as pension funds. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in a few days.
Check out NetApp Basic Forecasting Models to cross-verify your projections.

NetApp Related Hype Analysis

Having access to credible news sources related to NetApp's direct competition is more important than ever and may enhance your ability to predict NetApp's future price movements. Getting to know how NetApp'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 NetApp may potentially react to the hype associated with one of its peers.

NetApp Additional Predictive Modules

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

The successful prediction of NetApp 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 NetApp Inc, 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 NetApp based on analysis of NetApp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NetApp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NetApp's related companies.

Story Coverage note for NetApp

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

NetApp Short Properties

NetApp's future price predictability will typically decrease when NetApp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NetApp Inc often depends not only on the future outlook of the potential NetApp'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. NetApp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding213 M
Cash And Short Term Investments3.3 B

Additional Tools for NetApp Stock Analysis

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