Firan Technology Group Stock Price Prediction
| FTG Stock | CAD 7.52 0.02 0.27% |
Oversold Vs Overbought
71
Oversold | Overbought |
Quarterly Earnings Growth 1.2 | Wall Street Target Price 10 | EPS Estimate Current Quarter 0.08 | Quarterly Revenue Growth 0.177 |
Using Firan Technology hype-based prediction, you can estimate the value of Firan Technology Group from the perspective of Firan Technology 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 Firan Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Firan 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.
Firan Technology after-hype prediction price | CAD 7.46 |
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.
Firan |
Firan Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Firan 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 Firan 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 Firan Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Firan Technology Estimiated After-Hype Price Volatility
In the context of predicting Firan Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Firan Technology's historical news coverage. Firan Technology's after-hype downside and upside margins for the prediction period are 5.49 and 9.43, respectively. We have considered Firan 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
Firan Technology is somewhat reliable at this time. Analysis and calculation of next after-hype price of Firan Technology is based on 3 months time horizon.
Firan Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Firan Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Firan 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 Firan 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 |
0.34 | 1.97 | 0.04 | 0.08 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
7.52 | 7.46 | 0.53 |
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Firan Technology Hype Timeline
Firan Technology is currently traded for 7.52on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.08. Firan is forecasted to decline in value after the next headline, with the price expected to drop to 7.46. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -0.53%, whereas the daily expected return is currently at 0.34%. The volatility of related hype on Firan Technology is about 804.08%, with the expected price after the next announcement by competition of 7.60. About 33.0% of the company shares are held by company insiders. The book value of Firan Technology was currently reported as 2.81. The company had not issued any dividends in recent years. Firan Technology had 1:40 split on the 5th of January 1999. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Firan Technology Basic Forecasting Models to cross-verify your projections.Firan Technology Related Hype Analysis
Having access to credible news sources related to Firan Technology's direct competition is more important than ever and may enhance your ability to predict Firan Technology's future price movements. Getting to know how Firan 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 Firan Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ECN | ECN Capital Corp | (0.04) | 1 per month | 1.45 | 0.11 | 3.81 | (3.74) | 27.96 | |
| MRE | Martinrea International | (0.20) | 2 per month | 0.00 | (0.09) | 2.62 | (3.02) | 14.86 | |
| CCL-B | CCL Industries | 0.85 | 3 per month | 1.14 | (0.08) | 1.79 | (1.64) | 5.21 | |
| FSV | FirstService Corp | 0.37 | 4 per month | 0.52 | 0.09 | 1.81 | (1.16) | 4.59 |
Firan Technology Additional Predictive Modules
Most predictive techniques to examine Firan price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Firan using various technical indicators. When you analyze Firan 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Firan Technology Predictive Indicators
The successful prediction of Firan 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 Firan Technology Group, 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 Firan Technology based on analysis of Firan Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Firan Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Firan Technology's related companies. | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 78.23 | 83.11 | 54.87 | PTB Ratio | 1.8 | 1.08 | 1.34 |
Story Coverage note for Firan Technology
The number of cover stories for Firan Technology depends on current market conditions and Firan 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 Firan 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 Firan 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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Firan Technology Short Properties
Firan Technology's future price predictability will typically decrease when Firan Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Firan Technology Group often depends not only on the future outlook of the potential Firan 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. Firan Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.2 M | |
| Cash And Short Term Investments | 6.6 M |
Other Information on Investing in Firan Stock
Firan Technology financial ratios help investors to determine whether Firan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Firan with respect to the benefits of owning Firan Technology security.