Trubridge Stock Price Prediction

TBRG Stock  USD 16.93  0.39  2.36%   
The RSI of TruBridge's share price is above 70 as of 26th of November 2024. This usually implies that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling TruBridge, making its price go up or down.

Oversold Vs Overbought

71

 
Oversold
 
Overbought
The successful prediction of TruBridge'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 TruBridge and does not consider all of the tangible or intangible factors available from TruBridge's fundamental data. We analyze noise-free headlines and recent hype associated with TruBridge, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting TruBridge's stock price prediction:
Quarterly Earnings Growth
(0.62)
EPS Estimate Next Quarter
0.29
EPS Estimate Current Year
0.418
EPS Estimate Next Year
1.5953
Wall Street Target Price
15.6
Using TruBridge hype-based prediction, you can estimate the value of TruBridge from the perspective of TruBridge 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 TruBridge to buy its stock at a price that has no basis in reality. In that case, they are not buying TruBridge 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.

TruBridge after-hype prediction price

    
  USD 17.08  
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 TruBridge Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.
Intrinsic
Valuation
LowRealHigh
15.2419.5821.80
Details
Naive
Forecast
LowNextHigh
15.2717.4919.71
Details
5 Analysts
Consensus
LowTargetHigh
23.0525.3328.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.100.14
Details

TruBridge After-Hype Price Prediction Density Analysis

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

TruBridge Estimiated After-Hype Price Volatility

In the context of predicting TruBridge's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TruBridge's historical news coverage. TruBridge's after-hype downside and upside margins for the prediction period are 14.86 and 19.30, respectively. We have considered TruBridge'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
16.93
17.08
After-hype Price
19.30
Upside
TruBridge is not too volatile at this time. Analysis and calculation of next after-hype price of TruBridge is based on 3 months time horizon.

TruBridge Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as TruBridge is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TruBridge 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 TruBridge, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.59 
2.22
  0.15 
  0.11 
8 Events / Month
4 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.93
17.08
0.89 
853.85  
Notes

TruBridge Hype Timeline

TruBridge is at this time traded for 16.93. The entity has historical hype elasticity of 0.15, and average elasticity to hype of competition of -0.11. TruBridge is projected to increase in value after the next headline, with the price projected to jump to 17.08 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 0.89%, whereas the daily expected return is at this time at 0.59%. The volatility of related hype on TruBridge is about 1247.19%, with the expected price after the next announcement by competition of 16.82. The company reported the previous year's revenue of 339.44 M. Net Loss for the year was (45.79 M) with profit before overhead, payroll, taxes, and interest of 154.44 M. Given the investment horizon of 90 days the next projected press release will be in about 8 days.
Check out TruBridge Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.

TruBridge Related Hype Analysis

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

TruBridge Additional Predictive Modules

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

The successful prediction of TruBridge 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 TruBridge, 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 TruBridge based on analysis of TruBridge hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TruBridge's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TruBridge's related companies.
 2023 2024 (projected)
Dividend Yield0.01320.0126
Price To Sales Ratio0.470.44

Story Coverage note for TruBridge

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

TruBridge Short Properties

TruBridge's future price predictability will typically decrease when TruBridge's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TruBridge often depends not only on the future outlook of the potential TruBridge'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. TruBridge's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding14.2 M
Cash And Short Term Investments3.8 M

Complementary Tools for TruBridge Stock analysis

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