Cognex Stock Price Prediction
| CGNX Stock | USD 39.20 0.15 0.38% |
Oversold Vs Overbought
65
Oversold | Overbought |
Quarterly Earnings Growth 0.547 | EPS Estimate Next Quarter 0.16 | EPS Estimate Current Year 0.6854 | EPS Estimate Next Year 0.9687 | Wall Street Target Price 47.3529 |
Using Cognex hype-based prediction, you can estimate the value of Cognex from the perspective of Cognex 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 Cognex to buy its stock at a price that has no basis in reality. In that case, they are not buying Cognex 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.
Cognex after-hype prediction price | USD 39.2 |
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.
Cognex |
Cognex After-Hype Price Prediction Density Analysis
As far as predicting the price of Cognex 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 Cognex 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 Cognex, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cognex Estimiated After-Hype Price Volatility
In the context of predicting Cognex's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cognex's historical news coverage. Cognex's after-hype downside and upside margins for the prediction period are 37.34 and 41.06, respectively. We have considered Cognex'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
Cognex is very steady at this time. Analysis and calculation of next after-hype price of Cognex is based on 3 months time horizon.
Cognex Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cognex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cognex 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 Cognex, 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 |
0.01 | 1.86 | 0.00 | 0.02 | 9 Events / Month | 9 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
39.20 | 39.20 | 0.00 |
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Cognex Hype Timeline
Cognex is currently traded for 39.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Cognex is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.01%. %. The volatility of related hype on Cognex is about 102.57%, with the expected price after the next announcement by competition of 39.18. About 98.0% of the company shares are held by institutions such as insurance companies. The book value of Cognex was currently reported as 9.14. The company has Price/Earnings To Growth (PEG) ratio of 1.85. Cognex last dividend was issued on the 14th of November 2024. The entity had 2:1 split on the 4th of December 2017. Given the investment horizon of 90 days the next estimated press release will be in about 9 days. Check out Cognex Basic Forecasting Models to cross-verify your projections.Cognex Related Hype Analysis
Having access to credible news sources related to Cognex's direct competition is more important than ever and may enhance your ability to predict Cognex's future price movements. Getting to know how Cognex'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 Cognex may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VNT | Vontier Corp | 0.18 | 10 per month | 1.12 | 0.03 | 2.49 | (2.06) | 11.01 | |
| TDY | Teledyne Technologies Incorporated | (2.34) | 10 per month | 0.80 | 0.08 | 2.31 | (1.35) | 8.10 | |
| ESE | ESCO Technologies | (1.32) | 7 per month | 1.10 | 0.14 | 3.07 | (1.57) | 11.48 | |
| MKSI | MKS Instruments | (2.11) | 10 per month | 0.00 | (0.05) | 4.95 | (3.85) | 18.55 | |
| ST | Sensata Technologies Holding | (0.17) | 9 per month | 0.00 | (0.19) | 2.75 | (2.96) | 10.34 | |
| FTV | Fortive Corp | (0.14) | 10 per month | 1.14 | (0.01) | 2.09 | (1.69) | 6.53 | |
| NOVT | Novanta | 4.98 | 10 per month | 0.00 | (0.12) | 2.51 | (2.48) | 13.09 | |
| COHR | Coherent | (5.38) | 12 per month | 2.73 | 0.11 | 6.27 | (4.88) | 14.98 | |
| IIVI | II VI Incorporated | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MLAB | Mesa Laboratories | (12.98) | 9 per month | 0.00 | (0.13) | 3.41 | (5.50) | 23.18 | |
| VPG | Vishay Precision Group | (0.15) | 8 per month | 0.00 | (0.20) | 4.07 | (3.47) | 11.08 | |
| ITRI | Itron Inc | (2.33) | 9 per month | 1.60 | 0.07 | 3.35 | (2.59) | 10.19 |
Cognex Additional Predictive Modules
Most predictive techniques to examine Cognex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cognex using various technical indicators. When you analyze Cognex 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 Cognex Predictive Indicators
The successful prediction of Cognex 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 Cognex, 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 Cognex based on analysis of Cognex hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cognex's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cognex's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003153 | 0.005621 | 0.006826 | 0.0133 | Price To Sales Ratio | 13.23 | 8.12 | 8.58 | 6.07 |
Story Coverage note for Cognex
The number of cover stories for Cognex depends on current market conditions and Cognex's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cognex 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 Cognex'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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Cognex Short Properties
Cognex's future price predictability will typically decrease when Cognex's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cognex often depends not only on the future outlook of the potential Cognex'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. Cognex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.4 M | |
| Cash And Short Term Investments | 332 M |
Additional Tools for Cognex Stock Analysis
When running Cognex's price analysis, check to measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.