Footway Group (Sweden) Price Prediction
| FOOT-B Stock | SEK 0.48 0.02 4.35% |
Oversold Vs Overbought
44
Oversold | Overbought |
Using Footway Group hype-based prediction, you can estimate the value of Footway Group AB from the perspective of Footway 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 Footway Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Footway 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.
Footway Group after-hype prediction price | SEK 0.48 |
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.
Footway |
Footway Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Footway 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 Footway 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 Footway Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Footway Group Estimiated After-Hype Price Volatility
In the context of predicting Footway Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Footway Group's historical news coverage. Footway Group's after-hype downside and upside margins for the prediction period are 0.02 and 9.38, respectively. We have considered Footway 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
Footway Group is out of control at this time. Analysis and calculation of next after-hype price of Footway Group AB is based on 3 months time horizon.
Footway Group Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Footway Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Footway 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 Footway 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 |
1.11 | 8.90 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.48 | 0.48 | 0.00 |
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Footway Group Hype Timeline
Footway Group AB is currently traded for 0.48on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Footway 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 insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 1.11%. %. The volatility of related hype on Footway Group is about 0.0%, with the expected price after the next announcement by competition of 0.48. The company has price-to-book (P/B) ratio of 0.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Footway Group AB has Price/Earnings (P/E) ratio of 188.89. The entity recorded a loss per share of 1.29. The firm last dividend was issued on the 8th of April 2020. Assuming the 90 days trading horizon the next estimated press release will be in a few days. Check out Footway Group Basic Forecasting Models to cross-verify your projections.Footway Group Related Hype Analysis
Having access to credible news sources related to Footway Group's direct competition is more important than ever and may enhance your ability to predict Footway Group's future price movements. Getting to know how Footway 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 Footway Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FOOT-PREF | Footway Group AB | 0.00 | 0 per month | 2.98 | 0.02 | 10.48 | (5.58) | 53.70 | |
| BOOZT | Boozt AB | 0.00 | 0 per month | 0.00 | (0.07) | 3.56 | (2.47) | 22.22 | |
| CLAS-B | Clas Ohlson AB | 0.00 | 0 per month | 1.69 | 0.06 | 3.12 | (2.20) | 7.86 | |
| KABE-B | KABE Group AB | 0.00 | 0 per month | 0.00 | (0.23) | 2.65 | (3.22) | 7.76 | |
| LYKO-A | Lyko Group A | 0.00 | 0 per month | 0.00 | (0.19) | 3.36 | (5.23) | 20.18 |
Footway Group Additional Predictive Modules
Most predictive techniques to examine Footway price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Footway using various technical indicators. When you analyze Footway 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 Footway Group Predictive Indicators
The successful prediction of Footway 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 Footway Group AB, 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 Footway Group based on analysis of Footway Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Footway Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Footway Group's related companies.
Story Coverage note for Footway Group
The number of cover stories for Footway Group depends on current market conditions and Footway Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Footway Group 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 Footway Group'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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Footway Group Short Properties
Footway Group's future price predictability will typically decrease when Footway Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Footway Group AB often depends not only on the future outlook of the potential Footway Group'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. Footway Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88 M | |
| Cash And Short Term Investments | 42.2 M |
Complementary Tools for Footway Stock analysis
When running Footway Group's price analysis, check to measure Footway Group'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 Footway Group is operating at the current time. Most of Footway Group's value examination focuses on studying past and present price action to predict the probability of Footway Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Footway Group's price. Additionally, you may evaluate how the addition of Footway Group to your portfolios can decrease your overall portfolio volatility.
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