Flora Growth Corp Stock Price Prediction
| FLGC Stock | USD 1.31 0.09 7.38% |
Oversold Vs Overbought
42
Oversold | Overbought |
EPS Estimate Next Quarter (0.01) | EPS Estimate Current Year (0.78) | EPS Estimate Next Year 0.07 | Wall Street Target Price 4 | EPS Estimate Current Quarter (0.08) |
Using Flora Growth hype-based prediction, you can estimate the value of Flora Growth Corp from the perspective of Flora Growth 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 Flora Growth to buy its stock at a price that has no basis in reality. In that case, they are not buying Flora 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.
Flora Growth after-hype prediction price | USD 1.38 |
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.
Flora |
Flora Growth After-Hype Price Prediction Density Analysis
As far as predicting the price of Flora Growth 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 Flora Growth 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 Flora Growth, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Flora Growth Estimiated After-Hype Price Volatility
In the context of predicting Flora Growth's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Flora Growth's historical news coverage. Flora Growth's after-hype downside and upside margins for the prediction period are 0.07 and 9.80, respectively. We have considered Flora Growth'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
Flora Growth is risky at this time. Analysis and calculation of next after-hype price of Flora Growth Corp is based on 3 months time horizon.
Flora Growth Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Flora Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Flora Growth 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 Flora Growth, 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 |
0.66 | 8.48 | 0.07 | 0.07 | 11 Events / Month | 4 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.31 | 1.38 | 5.34 |
|
Flora Growth Hype Timeline
Flora Growth Corp is currently traded for 1.31. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of 0.07. Flora is forecasted to increase in value after the next headline, with the price projected to jump to 1.38 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 5.34%, whereas the daily expected return is currently at 0.66%. The volatility of related hype on Flora Growth is about 7950.0%, with the expected price after the next announcement by competition of 1.38. Flora Growth Corp currently holds about 10.27 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out Flora Growth Basic Forecasting Models to cross-verify your projections.Flora Growth Related Hype Analysis
Having access to credible news sources related to Flora Growth's direct competition is more important than ever and may enhance your ability to predict Flora Growth's future price movements. Getting to know how Flora Growth'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 Flora Growth may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CTLT | Catalent | 0.35 | 10 per month | 0.00 | (0.19) | 0.72 | (0.65) | 3.36 | |
| AMPH | Amphastar P | 1.35 | 7 per month | 0.00 | (0.05) | 3.37 | (3.61) | 17.30 | |
| ANIP | ANI Pharmaceuticals | (0.14) | 11 per month | 0.00 | (0.1) | 3.70 | (3.75) | 10.82 | |
| ALKS | Alkermes Plc | (0.42) | 12 per month | 2.11 | (0.04) | 4.14 | (3.59) | 9.74 | |
| RDY | Dr Reddys Laboratories | (0.16) | 7 per month | 0.00 | (0.24) | 1.46 | (2.20) | 6.89 | |
| PCRX | Pacira BioSciences, | (0.34) | 9 per month | 1.93 | 0.10 | 3.96 | (3.21) | 10.38 |
Flora Growth Additional Predictive Modules
Most predictive techniques to examine Flora price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Flora using various technical indicators. When you analyze Flora 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 |
About Flora Growth Predictive Indicators
The successful prediction of Flora Growth 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 Flora Growth Corp, 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 Flora Growth based on analysis of Flora Growth hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Flora Growth's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Flora Growth's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.71 | 2.91 | 11.41 | 11.98 | Days Of Inventory On Hand | 168.72 | 161.82 | 53.24 | 50.57 |
Story Coverage note for Flora Growth
The number of cover stories for Flora Growth depends on current market conditions and Flora Growth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Flora Growth 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 Flora Growth's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Flora Growth Short Properties
Flora Growth's future price predictability will typically decrease when Flora Growth's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Flora Growth Corp often depends not only on the future outlook of the potential Flora Growth'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. Flora Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.4 M | |
| Cash And Short Term Investments | 4.3 M |
Complementary Tools for Flora Stock analysis
When running Flora Growth's price analysis, check to measure Flora Growth'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 Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |