Canon Inc Stock Price Prediction

CAJFF Stock  USD 31.50  1.25  3.82%   
As of 29th of November 2024, the relative strength index (RSI) of Canon's share price is approaching 37 suggesting that the pink sheet 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 Canon, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
The successful prediction of Canon'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 Canon and does not consider all of the tangible or intangible factors available from Canon's fundamental data. We analyze noise-free headlines and recent hype associated with Canon Inc, which may create opportunities for some arbitrage if properly timed.
Using Canon hype-based prediction, you can estimate the value of Canon Inc from the perspective of Canon 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 Canon to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Canon 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Canon after-hype prediction price

    
  USD 31.5  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Canon Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
29.9632.1634.36
Details
Naive
Forecast
LowNextHigh
29.3731.5733.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.8332.5334.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canon. Your research has to be compared to or analyzed against Canon's peers to derive any actionable benefits. When done correctly, Canon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canon Inc.

Canon After-Hype Price Prediction Density Analysis

As far as predicting the price of Canon 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 Canon 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 Pink Sheet prices, such as prices of Canon, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Canon Estimiated After-Hype Price Volatility

In the context of predicting Canon's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canon's historical news coverage. Canon's after-hype downside and upside margins for the prediction period are 29.30 and 33.70, respectively. We have considered Canon'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
31.50
31.50
After-hype Price
33.70
Upside
Canon is very steady at this time. Analysis and calculation of next after-hype price of Canon Inc is based on 3 months time horizon.

Canon Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Canon is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canon 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 Pink Sheet 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 Canon, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
2.22
 0.00  
 0.00  
0 Events / Month
7 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
31.50
31.50
0.00 
0.00  
Notes

Canon Hype Timeline

Canon Inc is currently traded for 31.50. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Canon 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.03%. %. The volatility of related hype on Canon is about 7557.45%, with the expected price after the next announcement by competition of 31.50. About 29.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canon Inc has Price/Earnings To Growth (PEG) ratio of 2.73. The entity last dividend was issued on the 29th of December 2022. The firm had 3:2 split on the 24th of July 2006. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Canon Basic Forecasting Models to cross-verify your projections.

Canon Related Hype Analysis

Having access to credible news sources related to Canon's direct competition is more important than ever and may enhance your ability to predict Canon's future price movements. Getting to know how Canon'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 Canon may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
VJETVoxeljet Ag 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
OSSOne Stop Systems 0.00 0 per month 0.00 (0.03) 9.54 (6.95) 21.17 
AITXArtificial Intelligence Technology 0.00 0 per month 4.36 (0.01) 3.85 (6.90) 64.29 
QUBTQuantum Computing 0.00 0 per month 6.62  0.27  29.35 (10.40) 122.30 
CRSRCorsair Gaming 0.00 0 per month 2.74 (0.0005) 5.25 (4.32) 12.24 
NTAPNetApp Inc 1.05 7 per month 0.00 (0.11) 2.62 (3.43) 9.64 
STXSeagate Technology PLC 0.02 8 per month 2.13 (0.06) 2.78 (2.78) 12.18 
DELLDell Technologies(3.56)8 per month 3.04  0.03  4.33 (4.54) 10.85 
WDCWestern Digital(1.81)9 per month 1.76  0.04  4.61 (2.94) 11.83 
NNDMNano Dimension 0.00 0 per month 2.27 (0.03) 3.07 (3.69) 15.26 
SMCISuper Micro Computer 2.31 7 per month 0.00 (0.04) 15.79 (12.18) 48.46 
PSTGPure Storage 0.73 12 per month 0.00 (0.09) 3.58 (6.29) 15.80 
EBONEbang International Holdings 0.77 2 per month 4.56  0.06  8.55 (8.87) 34.79 
DMDesktop Metal 0.01 10 per month 0.00 (0.05) 2.86 (4.44) 23.02 
HPQHP Inc(0.20)9 per month 0.00 (0.06) 2.22 (2.79) 6.13 
CRCTCricut Inc 0.21 9 per month 0.00 (0.08) 4.30 (5.75) 20.08 

Canon Additional Predictive Modules

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

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

Story Coverage note for Canon

The number of cover stories for Canon depends on current market conditions and Canon's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canon 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 Canon'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

Canon Short Properties

Canon's future price predictability will typically decrease when Canon's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canon Inc often depends not only on the future outlook of the potential Canon'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. Canon's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingB

Complementary Tools for Canon Pink Sheet analysis

When running Canon's price analysis, check to measure Canon'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 Canon is operating at the current time. Most of Canon's value examination focuses on studying past and present price action to predict the probability of Canon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canon's price. Additionally, you may evaluate how the addition of Canon to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk