Performance Shipping Stock Price Prediction
| PSHG Stock | USD 1.80 0.05 2.70% |
Oversold Vs Overbought
49
Oversold | Overbought |
Quarterly Earnings Growth 0.179 | EPS Estimate Next Quarter 0.28 | Wall Street Target Price 5.75 | EPS Estimate Current Quarter 0.25 | Quarterly Revenue Growth (0.05) |
Using Performance Shipping hype-based prediction, you can estimate the value of Performance Shipping from the perspective of Performance Shipping 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 Performance Shipping to buy its stock at a price that has no basis in reality. In that case, they are not buying Performance 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.
Performance Shipping after-hype prediction price | USD 1.79 |
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.
Performance |
Performance Shipping After-Hype Price Prediction Density Analysis
As far as predicting the price of Performance Shipping 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 Performance Shipping 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 Performance Shipping, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Performance Shipping Estimiated After-Hype Price Volatility
In the context of predicting Performance Shipping's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Performance Shipping's historical news coverage. Performance Shipping's after-hype downside and upside margins for the prediction period are 0.09 and 3.85, respectively. We have considered Performance Shipping'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
Performance Shipping is relatively risky at this time. Analysis and calculation of next after-hype price of Performance Shipping is based on 3 months time horizon.
Performance Shipping Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Performance Shipping is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Performance Shipping 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 Performance Shipping, 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 | 2.06 | 0.01 | 0.01 | 3 Events / Month | 8 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.80 | 1.79 | 0.56 |
|
Performance Shipping Hype Timeline
Performance Shipping is at this time traded for 1.80. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.01. Performance is forecasted to decline in value after the next headline, with the price expected to drop to 1.79. 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 -0.56%, whereas the daily expected return is at this time at -0.13%. The volatility of related hype on Performance Shipping is about 2575.0%, with the expected price after the next announcement by competition of 1.79. The company has price-to-book ratio of 0.08. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Performance Shipping last dividend was issued on the 29th of October 2020. The entity had 1:15 split on the 15th of November 2022. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days. Check out Performance Shipping Basic Forecasting Models to cross-verify your projections.Performance Shipping Related Hype Analysis
Having access to credible news sources related to Performance Shipping's direct competition is more important than ever and may enhance your ability to predict Performance Shipping's future price movements. Getting to know how Performance Shipping'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 Performance Shipping may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GNK | Genco Shipping Trading | (0.53) | 7 per month | 1.61 | (0.05) | 2.54 | (2.83) | 7.25 | |
| GOGL | Golden Ocean Group | (0.12) | 11 per month | 0.00 | (0.08) | 3.81 | (4.16) | 12.54 | |
| EGLE | Eagle Bulk Shipping | 0.00 | 0 per month | 0.00 | (0.10) | 3.14 | (3.92) | 10.32 | |
| SBLK | Star Bulk Carriers | 0.26 | 10 per month | 0.00 | (0.13) | 3.44 | (3.57) | 10.19 | |
| OP | Oceanpal | 0.04 | 5 per month | 0.00 | (0.13) | 3.33 | (5.71) | 15.48 | |
| SHIP | Seanergy Maritime Holdings | 0.05 | 11 per month | 0.00 | (0.19) | 3.74 | (3.88) | 12.44 | |
| GLBS | Globus Maritime | (0.02) | 9 per month | 2.64 | (0.03) | 7.57 | (4.79) | 18.26 | |
| USEA | United Maritime | 0.01 | 5 per month | 0.00 | (0.22) | 2.38 | (3.40) | 10.21 | |
| CTRM | Castor Maritime | (0.01) | 6 per month | 0.00 | (0.28) | 3.18 | (3.08) | 10.60 | |
| TOPS | TOP Ships | (0.36) | 5 per month | 0.00 | (0.13) | 5.29 | (2.95) | 10.00 | |
| ESEA | Euroseas | (0.20) | 10 per month | 0.00 | (0.08) | 3.85 | (4.63) | 16.76 |
Performance Shipping Additional Predictive Modules
Most predictive techniques to examine Performance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Performance using various technical indicators. When you analyze Performance 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 Performance Shipping Predictive Indicators
The successful prediction of Performance Shipping 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 Performance Shipping, 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 Performance Shipping based on analysis of Performance Shipping hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Performance Shipping's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Performance Shipping's related companies. | 2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 37.93 | 44.23 | 27.74 | PTB Ratio | 0.21 | 0.0421 | 0.1 |
Story Coverage note for Performance Shipping
The number of cover stories for Performance Shipping depends on current market conditions and Performance Shipping's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Performance Shipping 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 Performance Shipping'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
Performance Shipping Short Properties
Performance Shipping's future price predictability will typically decrease when Performance Shipping's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Performance Shipping often depends not only on the future outlook of the potential Performance Shipping'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. Performance Shipping's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.5 M | |
| Cash And Short Term Investments | 67.3 M |
Complementary Tools for Performance Stock analysis
When running Performance Shipping's price analysis, check to measure Performance Shipping'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 Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |