Astec Industries Stock Price Prediction
| ASTE Stock | USD 37.01 1.02 2.83% |
Oversold Vs Overbought
70
Oversold | Overbought |
Quarterly Earnings Growth (0.72) | EPS Estimate Next Quarter 0.72 | EPS Estimate Current Year 1.99 | EPS Estimate Next Year 2.54 | Wall Street Target Price 42.5 |
Using Astec Industries hype-based prediction, you can estimate the value of Astec Industries from the perspective of Astec Industries 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 Astec Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying Astec 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.
Astec Industries after-hype prediction price | USD 37.82 |
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.
Astec |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Astec Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Astec Industries After-Hype Price Prediction Density Analysis
As far as predicting the price of Astec Industries 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 Astec Industries 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 Astec Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Astec Industries Estimiated After-Hype Price Volatility
In the context of predicting Astec Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Astec Industries' historical news coverage. Astec Industries' after-hype downside and upside margins for the prediction period are 35.26 and 40.38, respectively. We have considered Astec Industries' 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
Astec Industries is very steady at this time. Analysis and calculation of next after-hype price of Astec Industries is based on 3 months time horizon.
Astec Industries Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Astec Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astec Industries 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 Astec Industries, 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 |
0.15 | 2.58 | 0.71 | 0.17 | 9 Events / Month | 10 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
37.01 | 37.82 | 2.19 |
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Astec Industries Hype Timeline
Astec Industries is presently traded for 37.01. The entity has historical hype elasticity of 0.71, and average elasticity to hype of competition of 0.17. Astec is anticipated to increase in value after the next headline, with the price projected to jump to 37.82 or above. The average volatility of media hype impact on the company the price is about 54.32%. The price growth on the next news is projected to be 2.19%, whereas the daily expected return is presently at 0.15%. The volatility of related hype on Astec Industries is about 224.02%, with the expected price after the next announcement by competition of 37.18. Astec Industries currently holds 83.1 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Astec Industries Basic Forecasting Models to cross-verify your projections.Astec Industries Related Hype Analysis
Having access to credible news sources related to Astec Industries' direct competition is more important than ever and may enhance your ability to predict Astec Industries' future price movements. Getting to know how Astec Industries' 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 Astec Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HY | Hyster Yale Materials Handling | (0.70) | 8 per month | 0.00 | (0.06) | 4.01 | (3.35) | 20.12 | |
| MNTX | Manitex International | (0.06) | 7 per month | 1.25 | 0.09 | 4.30 | (2.54) | 48.84 | |
| SHYF | Shyft Group | 0.21 | 8 per month | 2.42 | (0.01) | 4.90 | (4.64) | 11.33 | |
| REVG | Rev Group | (0.05) | 11 per month | 2.67 | (0.02) | 6.03 | (4.30) | 15.72 | |
| LNN | Lindsay | (0.37) | 12 per month | 1.64 | 0.0003 | 2.52 | (2.37) | 13.76 | |
| CMCO | Columbus McKinnon | 0.03 | 10 per month | 1.65 | 0.04 | 3.87 | (2.55) | 9.88 | |
| AGCO | AGCO Corporation | 0.38 | 8 per month | 2.04 | (0.01) | 2.45 | (2.75) | 10.78 | |
| TEX | Terex | 2.36 | 10 per month | 0.00 | (0.04) | 3.50 | (3.93) | 16.23 | |
| OSK | Oshkosh | 0.29 | 11 per month | 1.87 | 0.01 | 2.78 | (2.83) | 12.69 | |
| GENC | Gencor Industries | (0.22) | 4 per month | 1.61 | 0.08 | 4.16 | (3.52) | 12.08 | |
| MTW | Manitowoc | (0.31) | 10 per month | 2.69 | 0 | 5.41 | (4.10) | 19.29 | |
| ALG | Alamo Group | 12.26 | 6 per month | 1.47 | 0.02 | 2.27 | (2.25) | 12.83 |
Astec Industries Additional Predictive Modules
Most predictive techniques to examine Astec price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Astec using various technical indicators. When you analyze Astec 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 Astec Industries Predictive Indicators
The successful prediction of Astec Industries 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 Astec Industries, 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 Astec Industries based on analysis of Astec Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Astec Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Astec Industries's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.006479 | 0.0121 | 0.0145 | 0.0124 | Price To Sales Ratio | 1.43 | 0.73 | 0.61 | 0.58 |
Story Coverage note for Astec Industries
The number of cover stories for Astec Industries depends on current market conditions and Astec Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Astec Industries 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 Astec Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Astec Industries Short Properties
Astec Industries' future price predictability will typically decrease when Astec Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Astec Industries often depends not only on the future outlook of the potential Astec Industries' 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. Astec Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.8 M | |
| Cash And Short Term Investments | 68.9 M |
Complementary Tools for Astec Stock analysis
When running Astec Industries' price analysis, check to measure Astec Industries' 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 Astec Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
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