Manitex International Stock Price Prediction
| MNTX Stock | USD 5.73 0.01 0.17% |
Oversold Vs Overbought
67
Oversold | Overbought |
Quarterly Earnings Growth (0.75) | EPS Estimate Current Year 0.52 | EPS Estimate Next Year 0.51 | Wall Street Target Price 5.8 | Quarterly Revenue Growth (0.07) |
Using Manitex International hype-based prediction, you can estimate the value of Manitex International from the perspective of Manitex International 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 Manitex International to buy its stock at a price that has no basis in reality. In that case, they are not buying Manitex 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.
Manitex International after-hype prediction price | USD 5.72 |
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.
Manitex |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manitex International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Manitex International After-Hype Price Prediction Density Analysis
As far as predicting the price of Manitex International 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 Manitex International 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 Manitex International, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Manitex International Estimiated After-Hype Price Volatility
In the context of predicting Manitex International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Manitex International's historical news coverage. Manitex International's after-hype downside and upside margins for the prediction period are 0.29 and 11.92, respectively. We have considered Manitex International'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
Manitex International is relatively risky at this time. Analysis and calculation of next after-hype price of Manitex International is based on 3 months time horizon.
Manitex International Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Manitex International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manitex International 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 Manitex International, 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 |
0.58 | 6.20 | 0.01 | 0.16 | 7 Events / Month | 8 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.73 | 5.72 | 0.17 |
|
Manitex International Hype Timeline
Manitex International is now traded for 5.73. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.16. Manitex is anticipated to decline in value after the next headline, with the price expected to drop to 5.72. 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 -0.17%, whereas the daily expected return is now at 0.58%. The volatility of related hype on Manitex International is about 2221.5%, with the expected price after the next announcement by competition of 5.89. About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Manitex International has Price/Earnings To Growth (PEG) ratio of 1.53. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 7 days. Check out Manitex International Basic Forecasting Models to cross-verify your projections.Manitex International Related Hype Analysis
Having access to credible news sources related to Manitex International's direct competition is more important than ever and may enhance your ability to predict Manitex International's future price movements. Getting to know how Manitex International'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 Manitex International may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ASTE | Astec Industries | (1.06) | 6 per month | 1.61 | 0.06 | 3.35 | (2.45) | 16.80 | |
| HY | Hyster Yale Materials Handling | (0.47) | 9 per month | 0.00 | (0.05) | 3.61 | (3.35) | 20.12 | |
| SHYF | Shyft Group | (0.14) | 8 per month | 2.40 | (0.02) | 4.90 | (4.64) | 11.33 | |
| REVG | Rev Group | 1.17 | 11 per month | 2.68 | (0) | 6.03 | (4.30) | 15.72 | |
| TEX | Terex | 2.36 | 12 per month | 2.67 | (0.03) | 3.50 | (3.93) | 16.23 | |
| OSK | Oshkosh | 0.04 | 11 per month | 1.87 | (0.01) | 2.78 | (2.83) | 12.69 | |
| ALG | Alamo Group | (0.41) | 7 per month | 1.46 | 0.02 | 2.41 | (2.25) | 12.83 | |
| LNN | Lindsay | 2.51 | 9 per month | 1.60 | 0.01 | 2.52 | (2.37) | 13.76 | |
| GENC | Gencor Industries | (0.80) | 3 per month | 1.61 | 0.07 | 4.16 | (3.52) | 12.08 | |
| MTW | Manitowoc | (0.23) | 9 per month | 2.67 | 0.02 | 5.49 | (4.10) | 19.29 | |
| CMCO | Columbus McKinnon | 0.1 | 9 per month | 1.65 | 0.06 | 3.87 | (2.55) | 9.88 |
Manitex International Additional Predictive Modules
Most predictive techniques to examine Manitex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Manitex using various technical indicators. When you analyze Manitex 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 Manitex International Predictive Indicators
The successful prediction of Manitex International 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 Manitex International, 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 Manitex International based on analysis of Manitex International hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Manitex International's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Manitex International's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.05 | 4.9 | 4.81 | 6.46 | Days Of Inventory On Hand | 132.76 | 113.82 | 131.21 | 103.62 |
Story Coverage note for Manitex International
The number of cover stories for Manitex International depends on current market conditions and Manitex International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Manitex International 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 Manitex International'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
Manitex International Short Properties
Manitex International's future price predictability will typically decrease when Manitex International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Manitex International often depends not only on the future outlook of the potential Manitex International'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. Manitex International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.2 M | |
| Cash And Short Term Investments | 9.3 M |
Additional Tools for Manitex Stock Analysis
When running Manitex International's price analysis, check to measure Manitex International'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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.