Innodata Stock Price Prediction

INOD Stock  USD 45.39  0.62  1.38%   
At the present time The relative strength index (RSI) of Innodata's share price is above 80 . This usually indicates that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

92

 
Oversold
 
Overbought
The successful prediction of Innodata'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 Innodata and does not consider all of the tangible or intangible factors available from Innodata's fundamental data. We analyze noise-free headlines and recent hype associated with Innodata, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Innodata's stock price prediction:
Quarterly Earnings Growth
50
EPS Estimate Next Quarter
0.11
EPS Estimate Current Year
0.27
EPS Estimate Next Year
0.49
Wall Street Target Price
46.33
Using Innodata hype-based prediction, you can estimate the value of Innodata from the perspective of Innodata 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 Innodata to buy its stock at a price that has no basis in reality. In that case, they are not buying Innodata 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.

Innodata after-hype prediction price

    
  USD 44.81  
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 Innodata Basic Forecasting Models to cross-verify your projections.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
Intrinsic
Valuation
LowRealHigh
10.6821.2749.93
Details
Naive
Forecast
LowNextHigh
34.3844.9755.55
Details
3 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.080.120.18
Details

Innodata After-Hype Price Prediction Density Analysis

As far as predicting the price of Innodata 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 Innodata 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 Innodata, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Innodata Estimiated After-Hype Price Volatility

In the context of predicting Innodata's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Innodata's historical news coverage. Innodata's after-hype downside and upside margins for the prediction period are 34.22 and 55.40, respectively. We have considered Innodata'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
45.39
44.81
After-hype Price
55.40
Upside
Innodata is relatively risky at this time. Analysis and calculation of next after-hype price of Innodata is based on 3 months time horizon.

Innodata Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Innodata is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innodata 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 Innodata, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.91 
10.58
  0.65 
  0.04 
10 Events / Month
12 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
45.39
44.81
1.28 
3,112  
Notes

Innodata Hype Timeline

Innodata is currently traded for 45.39. The entity has historical hype elasticity of -0.65, and average elasticity to hype of competition of -0.04. Innodata is estimated to decline in value after the next headline, with the price expected to drop to 44.81. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.28%, whereas the daily expected return is currently at 1.91%. The volatility of related hype on Innodata is about 49439.25%, with the expected price after the next announcement by competition of 45.35. About 40.0% of the company shares are owned by institutional investors. The company has Price/Earnings (P/E) ratio of 159.5. Innodata had not issued any dividends in recent years. The entity had 2:1 split on the 26th of March 2001. Given the investment horizon of 90 days the next estimated press release will be in about 10 days.
Check out Innodata Basic Forecasting Models to cross-verify your projections.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.

Innodata Related Hype Analysis

Having access to credible news sources related to Innodata's direct competition is more important than ever and may enhance your ability to predict Innodata's future price movements. Getting to know how Innodata'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 Innodata 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
CTGComputer Task Group 0.00 0 per month 1.26  0.07  2.72 (2.11) 8.01 
ASGNASGN Inc(2.35)7 per month 0.00 (0.08) 3.32 (3.35) 13.02 
FORTYFormula Systems 1985(1.42)5 per month 2.71  0.02  3.65 (4.95) 14.81 
SRTStarTek 0.00 0 per month 0.00 (0.04) 7.87 (6.21) 17.09 
NOTEFiscalNote Holdings(0.05)12 per month 0.00 (0.14) 6.03 (6.38) 20.02 
IBMInternational Business Machines 3.75 7 per month 1.30  0.06  2.22 (1.70) 8.66 
AURAurora Innovation(0.26)9 per month 5.22  0.14  13.25 (7.25) 45.46 
CYXTCyxtera Technologies(0.01)5 per month 0.00 (0.06) 35.29 (25.78) 105.50 
BBAIBigBearai Holdings 0.12 11 per month 4.25  0.11  11.36 (7.14) 28.29 
CLPSCLPS Inc 0.02 6 per month 3.38  0.07  10.23 (6.03) 24.69 
ARBBARB IOT Group 0.06 3 per month 8.60  0.08  12.00 (14.55) 124.90 
CSPICSP Inc(0.05)2 per month 2.62  0.06  4.30 (4.28) 9.61 
NYAXNayax(0.14)9 per month 2.69  0.07  6.75 (4.00) 19.01 
IIIInformation Services Group(0.03)11 per month 1.65  0.01  3.16 (2.46) 10.61 
ALYAAlithya Group 0.00 0 per month 0.00 (0.09) 4.66 (3.85) 15.70 
HCKTThe Hackett Group 1.20 7 per month 0.93  0.07  2.61 (1.80) 19.63 
GGenpact Limited(0.67)8 per month 0.81  0.09  2.64 (1.63) 11.64 
NABLN Able Inc(0.52)8 per month 0.00 (0.26) 1.77 (2.83) 9.22 
PRFTPerficient(0.07)7 per month 0.00 (0.75) 0.23 (0.21) 0.58 
EXLSExlService Holdings(0.01)11 per month 0.38  0.19  2.56 (1.41) 8.35 

Innodata Additional Predictive Modules

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

The successful prediction of Innodata 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 Innodata, 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 Innodata based on analysis of Innodata hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Innodata's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Innodata's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding59.5444.0260.169.32
PTB Ratio5.274.318.919.35

Story Coverage note for Innodata

The number of cover stories for Innodata depends on current market conditions and Innodata's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Innodata 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 Innodata's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Innodata Short Properties

Innodata's future price predictability will typically decrease when Innodata's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Innodata often depends not only on the future outlook of the potential Innodata'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. Innodata's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding28.1 M
Cash And Short Term Investments13.8 M

Complementary Tools for Innodata Stock analysis

When running Innodata's price analysis, check to measure Innodata'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 Innodata is operating at the current time. Most of Innodata's value examination focuses on studying past and present price action to predict the probability of Innodata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innodata's price. Additionally, you may evaluate how the addition of Innodata to your portfolios can decrease your overall portfolio volatility.
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