Illumina Stock Price Prediction
| ILMN Stock | USD 140.14 3.15 2.30% |
Oversold Vs Overbought
58
Oversold | Overbought |
Quarterly Earnings Growth (0.96) | EPS Estimate Next Quarter 0.94 | EPS Estimate Current Year 4.1193 | EPS Estimate Next Year 4.4485 | Wall Street Target Price 164.5972 |
Using Illumina hype-based prediction, you can estimate the value of Illumina from the perspective of Illumina response to recently generated media hype and the effects of current headlines on its competitors.
Illumina Hype to Price Pattern
Investor biases related to Illumina's public news can be used to forecast risks associated with an investment in Illumina. The trend in average sentiment can be used to explain how an investor holding Illumina can time the market purely based on public headlines and social activities around Illumina. 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 Illumina's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Illumina.
The fear of missing out, i.e., FOMO, can cause potential investors in Illumina to buy its stock at a price that has no basis in reality. In that case, they are not buying Illumina 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.
Illumina after-hype prediction price | USD 139.45 |
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.
Illumina |
Illumina After-Hype Price Prediction Density Analysis
As far as predicting the price of Illumina 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 Illumina 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 Illumina, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Illumina Estimiated After-Hype Price Volatility
In the context of predicting Illumina's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Illumina's historical news coverage. Illumina's after-hype downside and upside margins for the prediction period are 137.17 and 141.73, respectively. We have considered Illumina'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
Illumina is very steady at this time. Analysis and calculation of next after-hype price of Illumina is based on 3 months time horizon.
Illumina Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Illumina is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Illumina 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 Illumina, 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 |
0.13 | 2.28 | 0.69 | 0.66 | 11 Events / Month | 7 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
140.14 | 139.45 | 0.49 |
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Illumina Hype Timeline
Illumina is currently traded for 140.14. The entity has historical hype elasticity of -0.69, and average elasticity to hype of competition of -0.66. Illumina is expected to decline in value after the next headline, with the price expected to drop to 139.45. The average volatility of media hype impact on the company price is about 43.02%. The price decrease on the next news is expected to be -0.49%, whereas the daily expected return is currently at 0.13%. The volatility of related hype on Illumina is about 44.65%, with the expected price after the next announcement by competition of 139.48. About 95.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.62. Illumina recorded a loss per share of 9.96. The entity had not issued any dividends in recent years. The firm had 1028:1000 split on the 25th of June 2024. Given the investment horizon of 90 days the next expected press release will be in about 11 days. Check out Illumina Basic Forecasting Models to cross-verify your projections.Illumina Related Hype Analysis
Having access to credible news sources related to Illumina's direct competition is more important than ever and may enhance your ability to predict Illumina's future price movements. Getting to know how Illumina'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 Illumina may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TMO | Thermo Fisher Scientific | (9.71) | 9 per month | 0.00 | (0.31) | 1.56 | (1.98) | 7.00 | |
| DHR | Danaher | (5.65) | 10 per month | 0.00 | (0.24) | 1.47 | (2.30) | 7.35 | |
| WAT | Waters | (6.71) | 9 per month | 1.34 | 0.02 | 3.00 | (2.31) | 24.69 | |
| IDXX | IDEXX Laboratories | (8.44) | 10 per month | 0.00 | (0.21) | 2.26 | (2.12) | 13.04 | |
| A | Agilent Technologies | (0.09) | 7 per month | 0.00 | (0.12) | 2.29 | (2.42) | 9.02 | |
| EXAS | EXACT Sciences | (1.62) | 8 per month | 0.00 | (0.05) | 6.01 | (3.29) | 33.31 | |
| NTRA | Natera Inc | (9.68) | 6 per month | 2.25 | 0.12 | 4.30 | (3.75) | 25.26 | |
| CDNA | Caredx Inc | (1.03) | 11 per month | 0.00 | (0.14) | 4.05 | (6.01) | 24.22 | |
| TWST | Twist Bioscience Corp | (3.03) | 9 per month | 3.83 | (0.02) | 6.77 | (6.21) | 17.59 |
Illumina Additional Predictive Modules
Most predictive techniques to examine Illumina price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Illumina using various technical indicators. When you analyze Illumina 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 Illumina Predictive Indicators
The successful prediction of Illumina 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 Illumina, 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 Illumina based on analysis of Illumina hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Illumina's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Illumina's related companies. | 2017 | 2018 | 2023 | 2024 (projected) | Days Sales Outstanding | 54.51 | 54.78 | 60.94 | 89.64 | PTB Ratio | 10.9 | 4.68 | 3.72 | 5.32 |
Story Coverage note for Illumina
The number of cover stories for Illumina depends on current market conditions and Illumina's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Illumina 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 Illumina'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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Illumina Short Properties
Illumina's future price predictability will typically decrease when Illumina's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Illumina often depends not only on the future outlook of the potential Illumina'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. Illumina's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 158 M | |
| Cash And Short Term Investments | 1.1 B |
Check out Illumina Basic Forecasting Models to cross-verify your projections. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Life Sciences Tools & Services 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 Illumina. If investors know Illumina 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 Illumina 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 (0.96) | Earnings Share (9.96) | Revenue Per Share 27.654 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0262 |
The market value of Illumina is measured differently than its book value, which is the value of Illumina that is recorded on the company's balance sheet. Investors also form their own opinion of Illumina's value that differs from its market value or its book value, called intrinsic value, which is Illumina'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 Illumina's market value can be influenced by many factors that don't directly affect Illumina'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 Illumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illumina'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.