Fortrea Holdings Stock Price Patterns
| FTRE Stock | 16.81 0.24 1.41% |
Momentum 51
Impartial
Oversold | Overbought |
Using Fortrea Holdings hype-based prediction, you can estimate the value of Fortrea Holdings from the perspective of Fortrea Holdings 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 Fortrea Holdings to buy its stock at a price that has no basis in reality. In that case, they are not buying Fortrea 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.
Fortrea Holdings after-hype prediction price | USD 16.81 |
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 Fortrea Holdings Basic Forecasting Models to cross-verify your projections. Fortrea Holdings After-Hype Price Density Analysis
As far as predicting the price of Fortrea Holdings 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 Fortrea Holdings 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 Fortrea Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fortrea Holdings Estimiated After-Hype Price Volatility
In the context of predicting Fortrea Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fortrea Holdings' historical news coverage. Fortrea Holdings' after-hype downside and upside margins for the prediction period are 11.73 and 21.89, respectively. We have considered Fortrea Holdings' 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
Fortrea Holdings is somewhat reliable at this time. Analysis and calculation of next after-hype price of Fortrea Holdings is based on 3 months time horizon.
Fortrea Holdings Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Fortrea Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortrea Holdings 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 Fortrea Holdings, 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 |
0.94 | 5.08 | 0.00 | 0.06 | 0 Events / Month | 4 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.81 | 16.81 | 0.00 |
|
Fortrea Holdings Hype Timeline
Fortrea Holdings is currently traded for 16.81. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.06. Fortrea is projected 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 projected to be very small, whereas the daily expected return is currently at 0.94%. %. The volatility of related hype on Fortrea Holdings is about 7815.38%, with the expected price after the next announcement by competition of 16.75. About 99.0% of the company shares are owned by institutional investors. The book value of Fortrea Holdings was currently reported as 6.3. The company has Price/Earnings To Growth (PEG) ratio of 1.16. Fortrea Holdings recorded a loss per share of 11.35. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in a few days. Check out Fortrea Holdings Basic Forecasting Models to cross-verify your projections.Fortrea Holdings Related Hype Analysis
Having access to credible news sources related to Fortrea Holdings' direct competition is more important than ever and may enhance your ability to predict Fortrea Holdings' future price movements. Getting to know how Fortrea Holdings' 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 Fortrea Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MRVI | Maravai Lifesciences Holdings | (0.12) | 8 per month | 3.59 | 0.01 | 8.38 | (6.37) | 22.00 | |
| XNCR | Xencor Inc | 0.00 | 0 per month | 0.00 | (0.06) | 6.33 | (4.92) | 16.84 | |
| PHAT | Phathom Pharmaceuticals | (0.60) | 7 per month | 3.73 | 0.01 | 5.99 | (4.86) | 24.16 | |
| VIR | Vir Biotechnology | (0.20) | 8 per month | 3.78 | 0.07 | 8.08 | (6.25) | 20.46 | |
| BBOT | BridgeBio Oncology Therapeutics | 0.00 | 0 per month | 3.57 | (0) | 8.45 | (6.24) | 27.79 | |
| KURA | Kura Oncology | 0.16 | 8 per month | 0.00 | (0.12) | 4.96 | (5.08) | 22.27 | |
| ANAB | AnaptysBio | 0.00 | 0 per month | 3.71 | 0.12 | 6.11 | (5.26) | 20.41 | |
| EYPT | Eyepoint Pharmaceuticals | 0.38 | 9 per month | 3.90 | 0.05 | 7.21 | (4.98) | 22.25 | |
| PROK | ProKidney Corp | (0.10) | 8 per month | 0.00 | (0.14) | 5.77 | (8.95) | 22.38 | |
| AVBP | ArriVent BioPharma Common | (0.17) | 4 per month | 3.17 | 0.06 | 6.71 | (6.03) | 18.12 |
Fortrea Holdings Additional Predictive Modules
Most predictive techniques to examine Fortrea price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fortrea using various technical indicators. When you analyze Fortrea 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 Fortrea Holdings Predictive Indicators
The successful prediction of Fortrea Holdings 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 Fortrea Holdings, 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 Fortrea Holdings based on analysis of Fortrea Holdings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fortrea Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fortrea Holdings's related companies.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Complementary Tools for Fortrea Stock analysis
When running Fortrea Holdings' price analysis, check to measure Fortrea Holdings' 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 Fortrea Holdings is operating at the current time. Most of Fortrea Holdings' value examination focuses on studying past and present price action to predict the probability of Fortrea Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortrea Holdings' price. Additionally, you may evaluate how the addition of Fortrea Holdings to your portfolios can decrease your overall portfolio volatility.
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