Top Ships Stock Price Prediction
| TOPS Stock | USD 7.59 0.01 0.13% |
Oversold Vs Overbought
37
Oversold | Overbought |
Quarterly Earnings Growth (0.65) | EPS Estimate Current Year 0.77 | EPS Estimate Next Year 2.19 | Wall Street Target Price 29 | Quarterly Revenue Growth 0.022 |
Using TOP Ships hype-based prediction, you can estimate the value of TOP Ships from the perspective of TOP Ships 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 TOP Ships to buy its stock at a price that has no basis in reality. In that case, they are not buying TOP 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.
TOP Ships after-hype prediction price | USD 7.56 |
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.
TOP |
TOP Ships After-Hype Price Prediction Density Analysis
As far as predicting the price of TOP Ships 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 TOP Ships 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 TOP Ships, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TOP Ships Estimiated After-Hype Price Volatility
In the context of predicting TOP Ships' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TOP Ships' historical news coverage. TOP Ships' after-hype downside and upside margins for the prediction period are 5.25 and 9.87, respectively. We have considered TOP Ships' 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
TOP Ships is not too volatile at this time. Analysis and calculation of next after-hype price of TOP Ships is based on 3 months time horizon.
TOP Ships Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as TOP Ships is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TOP Ships 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 TOP Ships, 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 |
0.07 | 2.31 | 0.03 | 0.01 | 5 Events / Month | 5 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
7.59 | 7.56 | 0.40 |
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TOP Ships Hype Timeline
TOP Ships is at this time traded for 7.59. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.01. TOP is projected to decline in value after the next headline, with the price expected to drop to 7.56. 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 -0.4%, whereas the daily expected return is at this time at -0.07%. The volatility of related hype on TOP Ships is about 2700.0%, with the expected price after the next announcement by competition of 7.58. About 75.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.25. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TOP Ships recorded a loss per share of 13.56. The entity last dividend was issued on the 12th of April 2006. The firm had 1:12 split on the 29th of September 2023. Given the investment horizon of 90 days the next projected press release will be in about 5 days. Check out TOP Ships Basic Forecasting Models to cross-verify your projections.TOP Ships Related Hype Analysis
Having access to credible news sources related to TOP Ships' direct competition is more important than ever and may enhance your ability to predict TOP Ships' future price movements. Getting to know how TOP Ships' 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 TOP Ships may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OP | Oceanpal | 0.01 | 6 per month | 0.00 | (0.12) | 3.33 | (5.71) | 15.48 | |
| SB | Safe Bulkers | 0.02 | 6 per month | 0.00 | (0.27) | 3.13 | (3.42) | 9.36 | |
| SB-PC | Safe Bulkers | 0.00 | 0 per month | 0.34 | (0.24) | 0.67 | (0.67) | 2.33 | |
| SB-PD | Safe Bulkers | 0.00 | 0 per month | 0.45 | (0.18) | 0.81 | (0.59) | 2.89 | |
| EDRY | EuroDry | (0.30) | 7 per month | 0.00 | (0.39) | 1.96 | (3.86) | 8.90 | |
| ESEA | Euroseas | 0.20 | 8 per month | 0.00 | (0.11) | 3.85 | (4.63) | 16.76 | |
| DAC | Danaos | (0.48) | 9 per month | 0.00 | (0.11) | 2.46 | (3.14) | 8.98 | |
| DSX | Diana Shipping | 0.02 | 10 per month | 0.00 | (0.23) | 3.14 | (3.91) | 17.12 | |
| ECO | Okeanis Eco Tankers | (0.24) | 9 per month | 0.00 | (0.22) | 3.34 | (3.98) | 14.39 |
TOP Ships Additional Predictive Modules
Most predictive techniques to examine TOP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TOP using various technical indicators. When you analyze TOP 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 TOP Ships Predictive Indicators
The successful prediction of TOP Ships 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 TOP Ships, 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 TOP Ships based on analysis of TOP Ships hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TOP Ships's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TOP Ships's related companies. | 2022 | 2023 (projected) | Dividend Yield | 3.47 | 0.21 | Price To Sales Ratio | 0.0478 | 0.34 |
Story Coverage note for TOP Ships
The number of cover stories for TOP Ships depends on current market conditions and TOP Ships' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TOP Ships 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 TOP Ships' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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TOP Ships Short Properties
TOP Ships' future price predictability will typically decrease when TOP Ships' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TOP Ships often depends not only on the future outlook of the potential TOP Ships' 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. TOP Ships' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 M | |
| Cash And Short Term Investments | 36 M |
Additional Tools for TOP Stock Analysis
When running TOP Ships' price analysis, check to measure TOP Ships' 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 TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.