Edgio Inc Stock Price Prediction

EGIO Stock  USD 0.02  0.00  0.00%   
As of today the relative strength indicator of Edgio's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

18

 
Oversold
 
Overbought
The successful prediction of Edgio's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Edgio Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Edgio's stock price prediction:
EPS Estimate Next Quarter
(0.03)
EPS Estimate Current Year
(10.40)
EPS Estimate Next Year
(5.66)
Wall Street Target Price
30
EPS Estimate Current Quarter
(0.07)
Using Edgio hype-based prediction, you can estimate the value of Edgio Inc from the perspective of Edgio 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 Edgio to buy its stock at a price that has no basis in reality. In that case, they are not buying Edgio 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.

Edgio after-hype prediction price

    
  USD 0.0196  
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 Edgio Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.030.5451.54
Details
Naive
Forecast
LowNextHigh
00.15229.26
Details
2 Analysts
Consensus
LowTargetHigh
1.932.122.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-2.52-2.52-2.52
Details

Edgio After-Hype Price Prediction Density Analysis

As far as predicting the price of Edgio 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 Edgio 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 Edgio, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Edgio Estimiated After-Hype Price Volatility

In the context of predicting Edgio's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Edgio's historical news coverage. Edgio's after-hype downside and upside margins for the prediction period are 0.00 and 51.02, respectively. We have considered Edgio'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
0.02
0.02
After-hype Price
51.02
Upside
Edgio is out of control at this time. Analysis and calculation of next after-hype price of Edgio Inc is based on 3 months time horizon.

Edgio Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Edgio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Edgio 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 Edgio, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  50.35 
229.11
  6.55 
  19.26 
5 Events / Month
8 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.02
0.02
1.95 
176,238  
Notes

Edgio Hype Timeline

Edgio Inc is currently traded for 0.02. The entity has historical hype elasticity of -6.55, and average elasticity to hype of competition of 19.26. Edgio is forecasted to decline in value after the next headline, with the price expected to drop to 0.0196. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.95%, whereas the daily expected return is currently at 50.35%. The volatility of related hype on Edgio is about 59898.04%, with the expected price after the next announcement by competition of 19.28. About 41.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Edgio Inc recorded a loss per share of 26.0. The entity had not issued any dividends in recent years. The firm had 1:40 split on the 1st of March 2024. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days.
Check out Edgio Basic Forecasting Models to cross-verify your projections.

Edgio Related Hype Analysis

Having access to credible news sources related to Edgio's direct competition is more important than ever and may enhance your ability to predict Edgio's future price movements. Getting to know how Edgio'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 Edgio may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NEWRNew Relic 0.00 0 per month 0.00 (0.06) 2.68 (3.35) 18.35 
PAGSPagSeguro Digital 0.18 8 per month 0.00 (0.30) 2.80 (4.16) 11.66 
VMWVMware Inc 0.00 0 per month 0.90  0.13  4.04 (2.18) 7.26 
DLODlocal(0.41)8 per month 2.26  0.08  6.30 (3.98) 15.87 
STNEStoneCo 0.37 11 per month 0.00 (0.18) 3.24 (5.82) 15.16 
NTNXNutanix(0.45)11 per month 1.42  0.13  3.95 (2.81) 25.02 
SPLKSplunk Inc 0.00 0 per month 1.70  0.03  4.36 (3.33) 10.70 
OKTAOkta Inc 1.22 11 per month 0.00 (0.17) 2.39 (3.42) 19.60 
DAVAEndava 1.97 11 per month 0.00 (0.05) 6.11 (4.81) 14.12 
DBXDropbox 0.97 11 per month 1.45  0.07  2.87 (2.51) 7.66 
GDDYGodaddy 1.57 9 per month 1.34  0.11  3.13 (2.10) 6.71 
ACIWACI Worldwide(0.83)9 per month 1.46  0.09  3.72 (2.98) 12.56 

Edgio Additional Predictive Modules

Most predictive techniques to examine Edgio price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Edgio using various technical indicators. When you analyze Edgio 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.

About Edgio Predictive Indicators

The successful prediction of Edgio 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 Edgio Inc, 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 Edgio based on analysis of Edgio hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Edgio's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Edgio's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding71.0109.65126.193.27
PTB Ratio125.8934.4539.6137.63

Story Coverage note for Edgio

The number of cover stories for Edgio depends on current market conditions and Edgio's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Edgio 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 Edgio's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Edgio Short Properties

Edgio's future price predictability will typically decrease when Edgio's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Edgio Inc often depends not only on the future outlook of the potential Edgio'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. Edgio's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding182.4 M
Cash And Short Term Investments74 M
When determining whether Edgio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edgio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edgio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edgio Inc Stock:
Check out Edgio Basic Forecasting Models to cross-verify your projections.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edgio. If investors know Edgio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(26.00)
Revenue Per Share
72.469
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.14)
Return On Equity
(0.63)
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edgio's market value can be influenced by many factors that don't directly affect Edgio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.