Align Technology Stock Price Prediction
| ALGN Stock | USD 225.89 2.32 1.02% |
Oversold Vs Overbought
49
Oversold | Overbought |
Quarterly Earnings Growth (0.02) | EPS Estimate Next Quarter 2.55 | EPS Estimate Current Year 9.3415 | EPS Estimate Next Year 10.2621 | Wall Street Target Price 261.24 |
Using Align Technology hype-based prediction, you can estimate the value of Align Technology from the perspective of Align Technology response to recently generated media hype and the effects of current headlines on its competitors.
Align Technology Hype to Price Pattern
Investor biases related to Align Technology's public news can be used to forecast risks associated with an investment in Align. The trend in average sentiment can be used to explain how an investor holding Align can time the market purely based on public headlines and social activities around Align Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Align Technology's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Align Technology.
The fear of missing out, i.e., FOMO, can cause potential investors in Align Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Align 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.
Align Technology after-hype prediction price | USD 228.21 |
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.
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Align Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Align Technology 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 Align Technology 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 Align Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Align Technology Estimiated After-Hype Price Volatility
In the context of predicting Align Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Align Technology's historical news coverage. Align Technology's after-hype downside and upside margins for the prediction period are 225.95 and 230.47, respectively. We have considered Align Technology'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
Align Technology is very steady at this time. Analysis and calculation of next after-hype price of Align Technology is based on 3 months time horizon.
Align Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Align Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Align Technology 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 Align Technology, 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 |
0.01 | 2.26 | 0.04 | 0.00 | 10 Events / Month | 10 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
225.89 | 228.21 | 0.00 |
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Align Technology Hype Timeline
Align Technology is presently traded for 225.89. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.0. Align is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 53.81%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.01%. %. The volatility of related hype on Align Technology is about 876.45%, with the expected price after the next announcement by competition of 225.89. About 90.0% of the company shares are held by institutions such as insurance companies. The book value of Align Technology was presently reported as 52.76. The company has Price/Earnings To Growth (PEG) ratio of 1.31. Align Technology recorded earning per share (EPS) of 5.86. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Align Technology Basic Forecasting Models to cross-verify your projections.Align Technology Related Hype Analysis
Having access to credible news sources related to Align Technology's direct competition is more important than ever and may enhance your ability to predict Align Technology's future price movements. Getting to know how Align Technology'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 Align Technology may potentially react to the hype associated with one of its peers.
Align Technology Additional Predictive Modules
Most predictive techniques to examine Align price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Align using various technical indicators. When you analyze Align 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Align Technology Predictive Indicators
The successful prediction of Align Technology 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 Align Technology, 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 Align Technology based on analysis of Align Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Align Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Align Technology's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Inventory Turnover | 4.42 | 3.25 | 3.85 | 3.66 | ROIC | 0.21 | 0.11 | 0.12 | 0.08 |
Story Coverage note for Align Technology
The number of cover stories for Align Technology depends on current market conditions and Align Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Align Technology 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 Align Technology'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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Latest Perspective From Macroaxis
Align Technology Short Properties
Align Technology's future price predictability will typically decrease when Align Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Align Technology often depends not only on the future outlook of the potential Align Technology'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. Align Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 76.6 M | |
| Cash And Short Term Investments | 972.7 M |
Check out Align Technology Basic Forecasting Models to cross-verify your projections. To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Align Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 5.86 | Revenue Per Share 52.669 | Quarterly Revenue Growth 0.018 | Return On Assets 0.067 |
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Align Technology's market value can be influenced by many factors that don't directly affect Align Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.