OFFICE DEPOT (Germany) Price Prediction

ODP Stock  EUR 19.20  0.00  0.00%   
At the present time the value of rsi of OFFICE DEPOT's share price is below 20 . This indicates that the stock is significantly oversold. 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

0

 
Oversold
 
Overbought
The successful prediction of OFFICE DEPOT'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 OFFICE DEPOT and does not consider all of the tangible or intangible factors available from OFFICE DEPOT's fundamental data. We analyze noise-free headlines and recent hype associated with OFFICE DEPOT, which may create opportunities for some arbitrage if properly timed.
Using OFFICE DEPOT hype-based prediction, you can estimate the value of OFFICE DEPOT from the perspective of OFFICE DEPOT 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 OFFICE DEPOT to buy its stock at a price that has no basis in reality. In that case, they are not buying OFFICE 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.

OFFICE DEPOT after-hype prediction price

    
  EUR 19.2  
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 OFFICE DEPOT Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
19.2019.2019.20
Details
Naive
Forecast
LowNextHigh
19.2019.2019.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.2019.2019.20
Details

OFFICE DEPOT After-Hype Price Prediction Density Analysis

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

OFFICE DEPOT Estimiated After-Hype Price Volatility

In the context of predicting OFFICE DEPOT's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on OFFICE DEPOT's historical news coverage. OFFICE DEPOT's after-hype downside and upside margins for the prediction period are 19.20 and 19.20, respectively. We have considered OFFICE DEPOT'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
19.20
19.20
After-hype Price
19.20
Upside
OFFICE DEPOT is very steady at this time. Analysis and calculation of next after-hype price of OFFICE DEPOT is based on 3 months time horizon.

OFFICE DEPOT Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as OFFICE DEPOT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OFFICE DEPOT 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 OFFICE DEPOT, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
19.20
19.20
0.00 
0.00  
Notes

OFFICE DEPOT Hype Timeline

OFFICE DEPOT is now traded for 19.20on Berlin Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. OFFICE 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 now at 0.0%. %. The volatility of related hype on OFFICE DEPOT is about 0.0%, with the expected price after the next announcement by competition of 19.20. The company has price-to-book ratio of 0.69. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OFFICE DEPOT last dividend was issued on the 27th of February 1970. The entity had 1:10 split on the 1st of July 2020. Assuming the 90 days trading horizon the next projected press release will be uncertain.
Check out OFFICE DEPOT Basic Forecasting Models to cross-verify your projections.

OFFICE DEPOT Related Hype Analysis

Having access to credible news sources related to OFFICE DEPOT's direct competition is more important than ever and may enhance your ability to predict OFFICE DEPOT's future price movements. Getting to know how OFFICE DEPOT'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 OFFICE DEPOT may potentially react to the hype associated with one of its peers.

OFFICE DEPOT Additional Predictive Modules

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

The successful prediction of OFFICE DEPOT 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 OFFICE DEPOT, 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 OFFICE DEPOT based on analysis of OFFICE DEPOT hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to OFFICE DEPOT's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to OFFICE DEPOT's related companies.

Story Coverage note for OFFICE DEPOT

The number of cover stories for OFFICE DEPOT depends on current market conditions and OFFICE DEPOT's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that OFFICE DEPOT 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 OFFICE DEPOT'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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OFFICE DEPOT Short Properties

OFFICE DEPOT's future price predictability will typically decrease when OFFICE DEPOT's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of OFFICE DEPOT often depends not only on the future outlook of the potential OFFICE DEPOT'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. OFFICE DEPOT's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding48.5 M
Short Long Term DebtM

Complementary Tools for OFFICE Stock analysis

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