Medical Facilities Stock Price Prediction
| DR Stock | CAD 15.48 0.04 0.26% |
Momentum 52
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.23) | EPS Estimate Next Quarter 0.37 | EPS Estimate Current Year 1.255 | EPS Estimate Next Year 1.38 | Wall Street Target Price 15.8248 |
Using Medical Facilities hype-based prediction, you can estimate the value of Medical Facilities from the perspective of Medical Facilities 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 Medical Facilities to buy its stock at a price that has no basis in reality. In that case, they are not buying Medical 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.
Medical Facilities after-hype prediction price | CAD 15.49 |
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.
Medical |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medical Facilities' 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.
Medical Facilities After-Hype Price Density Analysis
As far as predicting the price of Medical Facilities 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 Medical Facilities 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 Medical Facilities, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Medical Facilities Estimiated After-Hype Price Volatility
In the context of predicting Medical Facilities' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Medical Facilities' historical news coverage. Medical Facilities' after-hype downside and upside margins for the prediction period are 13.84 and 17.14, respectively. We have considered Medical Facilities' 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
Medical Facilities is very steady at this time. Analysis and calculation of next after-hype price of Medical Facilities is based on 3 months time horizon.
Medical Facilities Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Medical Facilities is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Medical Facilities 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 Medical Facilities, 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 |
0.12 | 1.67 | 0.01 | 0.03 | 8 Events / Month | 1 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
15.48 | 15.49 | 0.06 |
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Medical Facilities Hype Timeline
Medical Facilities is currently traded for 15.48on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.03. Medical is anticipated to increase in value after the next headline, with the price projected to jump to 15.49 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.06%, whereas the daily expected return is currently at 0.12%. The volatility of related hype on Medical Facilities is about 699.07%, with the expected price after the next announcement by competition of 15.51. The company reported the revenue of 331.53 M. Net Income was 105.56 M with profit before overhead, payroll, taxes, and interest of 129.32 M. Assuming the 90 days horizon the next anticipated press release will be in about 8 days. Check out Medical Facilities Basic Forecasting Models to cross-verify your projections.Medical Facilities Related Hype Analysis
Having access to credible news sources related to Medical Facilities' direct competition is more important than ever and may enhance your ability to predict Medical Facilities' future price movements. Getting to know how Medical Facilities' 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 Medical Facilities may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PRN | Profound Medical Corp | (0.18) | 9 per month | 2.65 | 0.13 | 8.12 | (4.47) | 19.98 | |
| CRRX | CareRx Corp | 0.00 | 0 per month | 1.98 | 0.05 | 3.66 | (2.79) | 11.82 | |
| EPRX | Eupraxia Pharmaceuticals | 2.32 | 6 per month | 2.59 | 0.19 | 6.67 | (4.53) | 21.64 | |
| NGEN | NervGen Pharma Corp | 0.00 | 0 per month | 2.93 | 0.16 | 12.05 | (4.69) | 31.22 | |
| XLY | Auxly Cannabis Group | 0.00 | 0 per month | 0.00 | (0.02) | 7.14 | (6.67) | 25.00 | |
| OGI | OrganiGram Holdings | (0.02) | 7 per month | 0.00 | (0.03) | 6.10 | (4.35) | 26.28 | |
| TSND | TerrAscend Corp | (0.07) | 8 per month | 10.62 | 0.04 | 20.00 | (11.82) | 121.97 | |
| FRX | Fennec Pharmaceuticals | 0.00 | 7 per month | 0.00 | (0.07) | 2.75 | (4.60) | 19.37 | |
| WEED | Canopy Growth Corp | 0.1 | 10 per month | 4.59 | (0) | 7.88 | (7.83) | 65.32 |
Medical Facilities Additional Predictive Modules
Most predictive techniques to examine Medical price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Medical using various technical indicators. When you analyze Medical 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 Medical Facilities Predictive Indicators
The successful prediction of Medical Facilities 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 Medical Facilities, 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 Medical Facilities based on analysis of Medical Facilities hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Medical Facilities's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Medical Facilities's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0354 | 0.0304 | 0.035 | 0.0332 | Price To Sales Ratio | 0.39 | 0.61 | 0.7 | 1.33 |
Pair Trading with Medical Facilities
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 Medical Facilities 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 Medical Facilities will appreciate offsetting losses from the drop in the long position's value.Moving together with Medical Stock
The ability to find closely correlated positions to Medical Facilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medical Facilities 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 Medical Facilities - 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 Medical Facilities to buy it.
The correlation of Medical Facilities 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 Medical Facilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medical Facilities 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 Medical Facilities 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.Other Information on Investing in Medical Stock
Medical Facilities financial ratios help investors to determine whether Medical Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medical with respect to the benefits of owning Medical Facilities security.