Transcat Stock Price Prediction
| TRNS Stock | USD 105.04 0.58 0.55% |
Oversold Vs Overbought
44
Oversold | Overbought |
Quarterly Earnings Growth 4.949 | EPS Estimate Next Quarter 0.43 | EPS Estimate Current Year 1.35 | EPS Estimate Next Year 2.02 | Wall Street Target Price 123.3725 |
Using Transcat hype-based prediction, you can estimate the value of Transcat from the perspective of Transcat 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 Transcat to buy its stock at a price that has no basis in reality. In that case, they are not buying Transcat 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.
Transcat after-hype prediction price | USD 104.64 |
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.
Transcat |
Transcat After-Hype Price Prediction Density Analysis
As far as predicting the price of Transcat 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 Transcat 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 Transcat, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Transcat Estimiated After-Hype Price Volatility
In the context of predicting Transcat's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Transcat's historical news coverage. Transcat's after-hype downside and upside margins for the prediction period are 101.47 and 107.81, respectively. We have considered Transcat'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
Transcat is very steady at this time. Analysis and calculation of next after-hype price of Transcat is based on 3 months time horizon.
Transcat Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Transcat is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Transcat 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 Transcat, 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 |
0.20 | 3.17 | 0.40 | 0.15 | 8 Events / Month | 12 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
105.04 | 104.64 | 0.38 |
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Transcat Hype Timeline
Transcat is at this time traded for 105.04. The entity has historical hype elasticity of -0.4, and average elasticity to hype of competition of 0.15. Transcat is estimated to decline in value after the next headline, with the price expected to drop to 104.64. The average volatility of media hype impact on the company price is about 159.3%. The price decrease on the next news is expected to be -0.38%, whereas the daily expected return is at this time at -0.2%. The volatility of related hype on Transcat is about 419.07%, with the expected price after the next announcement by competition of 105.19. About 95.0% of the company shares are owned by institutional investors. The book value of Transcat was at this time reported as 29.22. The company had not issued any dividends in recent years. Transcat had 2:1 split on the 23rd of July 1997. Given the investment horizon of 90 days the next estimated press release will be in about 8 days. Check out Transcat Basic Forecasting Models to cross-verify your projections.Transcat Related Hype Analysis
Having access to credible news sources related to Transcat's direct competition is more important than ever and may enhance your ability to predict Transcat's future price movements. Getting to know how Transcat'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 Transcat may potentially react to the hype associated with one of its peers.
Transcat Additional Predictive Modules
Most predictive techniques to examine Transcat price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Transcat using various technical indicators. When you analyze Transcat 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Transcat Predictive Indicators
The successful prediction of Transcat 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 Transcat, 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 Transcat based on analysis of Transcat hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Transcat's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Transcat's related companies. | 2011 | 2017 | 2023 | 2024 (projected) | Days Sales Outstanding | 59.04 | 71.56 | 67.92 | 61.28 | PTB Ratio | 2.02 | 6.58 | 4.08 | 2.17 |
Story Coverage note for Transcat
The number of cover stories for Transcat depends on current market conditions and Transcat's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Transcat 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 Transcat'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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Transcat Short Properties
Transcat's future price predictability will typically decrease when Transcat's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Transcat often depends not only on the future outlook of the potential Transcat'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. Transcat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.4 M | |
| Cash And Short Term Investments | 35.2 M |
Additional Tools for Transcat Stock Analysis
When running Transcat's price analysis, check to measure Transcat'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 Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.