Basic Fit (UK) Price Patterns

0RHD Stock   31.73  0.78  2.52%   
The relative strength index (RSI) of Basic Fit's stock price is slightly above 60. This suggests that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Basic, making its price go up or down.

Momentum 60

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Basic Fit'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 Basic Fit and does not consider all of the tangible or intangible factors available from Basic Fit's fundamental data. We analyze noise-free headlines and recent hype associated with Basic Fit NV, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Basic Fit's stock price prediction:
Quarterly Earnings Growth
0.478
Quarterly Revenue Growth
0.158
Using Basic Fit hype-based prediction, you can estimate the value of Basic Fit NV from the perspective of Basic Fit 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 Basic Fit to buy its stock at a price that has no basis in reality. In that case, they are not buying Basic 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.

Basic Fit after-hype prediction price

    
  EUR 32.65  
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 Basic Fit Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
25.5127.5934.90
Details
Naive
Forecast
LowNextHigh
28.9531.0333.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.1431.3039.46
Details

Basic Fit After-Hype Price Density Analysis

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

Basic Fit Estimiated After-Hype Price Volatility

In the context of predicting Basic Fit's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Basic Fit's historical news coverage. Basic Fit's after-hype downside and upside margins for the prediction period are 30.57 and 34.73, respectively. We have considered Basic Fit'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
31.73
32.65
After-hype Price
34.73
Upside
Basic Fit is very steady at this time. Analysis and calculation of next after-hype price of Basic Fit NV is based on 3 months time horizon.

Basic Fit Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Basic Fit is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Basic Fit 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 Basic Fit, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.46 
2.08
  0.92 
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
31.73
32.65
2.90 
104.52  
Notes

Basic Fit Hype Timeline

Basic Fit NV is presently traded for 31.73on London Exchange of UK. The entity has historical hype elasticity of 0.92, and average elasticity to hype of competition of 0.0. Basic is projected to increase in value after the next headline, with the price projected to jump to 32.65 or above. The average volatility of media hype impact on the company the price is about 104.52%. The price appreciation on the next news is projected to be 2.9%, whereas the daily expected return is presently at 0.46%. The volatility of related hype on Basic Fit is about 19622.64%, with the expected price after the next announcement by competition of 31.73. Assuming the 90 days trading horizon the next projected press release will be very soon.
Check out Basic Fit Basic Forecasting Models to cross-verify your projections.

Basic Fit Related Hype Analysis

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

Basic Fit Additional Predictive Modules

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

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

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Additional Tools for Basic Stock Analysis

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