Expro Group Holdings Stock Price Patterns
| XPRO Stock | USD 16.23 0.73 4.71% |
Momentum 71
Buy Stretched
Oversold | Overbought |
Using Expro Group hype-based prediction, you can estimate the value of Expro Group Holdings from the perspective of Expro Group 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 Expro Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Expro 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.
Expro Group after-hype prediction price | USD 0.0 |
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 Expro Group Basic Forecasting Models to cross-verify your projections. Expro Group After-Hype Price Density Analysis
As far as predicting the price of Expro Group 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 Expro Group 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 Expro Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Expro Group Estimiated After-Hype Price Volatility
In the context of predicting Expro Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Expro Group's historical news coverage. Expro Group's after-hype downside and upside margins for the prediction period are 0.00 and 3.19, respectively. We have considered Expro Group'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
Expro Group is relatively risky at this time. Analysis and calculation of next after-hype price of Expro Group Holdings is based on 3 months time horizon.
Expro Group Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Expro Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Expro Group 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 Expro Group, 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 |
0.34 | 3.19 | 0.00 | 0.26 | 0 Events / Month | 2 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.23 | 0.00 | 0.00 |
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Expro Group Hype Timeline
Expro Group Holdings is at this time traded for 16.23. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.26. Expro 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 at this time at 0.34%. %. The volatility of related hype on Expro Group is about 419.74%, with the expected price after the next announcement by competition of 15.97. About 99.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.2. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Expro Group Holdings has Price/Earnings To Growth (PEG) ratio of 0.72. The entity last dividend was issued on the 15th of September 2017. The firm had 1:6 split on the 4th of October 2021. Given the investment horizon of 90 days the next projected press release will be any time. Check out Expro Group Basic Forecasting Models to cross-verify your projections.Expro Group Related Hype Analysis
Having access to credible news sources related to Expro Group's direct competition is more important than ever and may enhance your ability to predict Expro Group's future price movements. Getting to know how Expro Group'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 Expro Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DNOW | Now Inc | (1.90) | 3 per month | 2.10 | 0 | 3.90 | (3.24) | 11.62 | |
| EFXT | Enerflex | (1.90) | 9 per month | 1.64 | 0.24 | 3.88 | (3.16) | 11.18 | |
| NESR | National Energy Services | 0.00 | 0 per month | 1.22 | 0.28 | 6.38 | (2.49) | 11.47 | |
| AESI | Atlas Energy Solutions | 0.00 | 0 per month | 5.02 | (0.01) | 5.05 | (4.57) | 21.94 | |
| RES | RPC Inc | 0.00 | 0 per month | 1.50 | 0.14 | 4.52 | (2.69) | 10.84 | |
| INVX | Innovex International | 0.00 | 0 per month | 1.70 | 0.14 | 4.39 | (3.56) | 12.82 | |
| FLOC | Flowco Holdings | (1.90) | 15 per month | 2.08 | 0.11 | 4.18 | (3.27) | 23.77 | |
| GLP | Global Partners LP | (1.90) | 11 per month | 1.84 | 0.03 | 3.06 | (2.99) | 9.17 | |
| NEXT | Nextdecade Corp | 0.00 | 0 per month | 0.00 | (0.06) | 5.15 | (6.04) | 17.50 | |
| HLX | Helix Energy Solutions | 0.00 | 0 per month | 2.62 | 0.06 | 4.58 | (4.05) | 12.24 |
Expro Group Additional Predictive Modules
Most predictive techniques to examine Expro price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Expro using various technical indicators. When you analyze Expro 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 Expro Group Predictive Indicators
The successful prediction of Expro Group 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 Expro Group Holdings, 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 Expro Group based on analysis of Expro Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Expro Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Expro Group's related companies.
Pair Trading with Expro Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Expro Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Expro Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Expro Stock
Moving against Expro Stock
| 0.39 | VZ | Verizon Communications Earnings Call Tomorrow | PairCorr |
| 0.33 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.32 | AXP | American Express Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Expro Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expro Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Expro Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Expro Group Holdings to buy it.
The correlation of Expro Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expro Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expro Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Expro Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Expro Group Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Will Stock sector continue expanding? Could Expro diversify its offerings? Factors like these will boost the valuation of Expro Group. Anticipated expansion of Expro directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Expro Group data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Expro Group Holdings requires distinguishing between market price and book value, where the latter reflects Expro's accounting equity. The concept of intrinsic value—what Expro Group's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Expro Group's price substantially above or below its fundamental value.
Please note, there is a significant difference between Expro Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expro Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Expro Group's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.