Honest Company Stock Price Prediction
| HNST Stock | USD 2.58 0.04 1.57% |
Momentum 36
Sell Extended
Oversold | Overbought |
Using Honest hype-based prediction, you can estimate the value of Honest Company from the perspective of Honest 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 Honest to buy its stock at a price that has no basis in reality. In that case, they are not buying Honest 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.
Honest after-hype prediction price | USD 2.58 |
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 Honest Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Honest's 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.
Honest After-Hype Price Density Analysis
As far as predicting the price of Honest 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 Honest 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 Honest, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Honest Estimiated After-Hype Price Volatility
In the context of predicting Honest's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Honest's historical news coverage. Honest's after-hype downside and upside margins for the prediction period are 0.13 and 7.58, respectively. We have considered Honest'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
Honest is very risky at this time. Analysis and calculation of next after-hype price of Honest Company is based on 3 months time horizon.
Honest Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Honest is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Honest 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 Honest, 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 |
0.43 | 5.00 | 0.00 | 0.01 | 0 Events / Month | 4 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.58 | 2.58 | 0.00 |
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Honest Hype Timeline
Honest Company is currently traded for 2.58. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Honest is projected 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 projected to be very small, whereas the daily expected return is currently at -0.43%. %. The volatility of related hype on Honest is about 26315.79%, with the expected price after the next announcement by competition of 2.57. About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.52. Some equities with similar Price to Book (P/B) outperform the market in the long run. Honest Company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in a few days. Check out Honest Basic Forecasting Models to cross-verify your projections.Honest Related Hype Analysis
Having access to credible news sources related to Honest's direct competition is more important than ever and may enhance your ability to predict Honest's future price movements. Getting to know how Honest'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 Honest may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HVT | Haverty Furniture Companies | 0.13 | 8 per month | 1.18 | 0.17 | 4.57 | (2.43) | 10.49 | |
| BNED | Barnes Noble Education | 0.23 | 6 per month | 3.10 | (0.0003) | 4.69 | (5.18) | 42.63 | |
| CAL | Caleres | (0.26) | 3 per month | 3.49 | 0 | 8.13 | (5.59) | 19.93 | |
| PTLO | Portillos | 0.00 | 0 per month | 2.55 | 0.02 | 5.19 | (4.25) | 14.89 | |
| LE | Lands End | (0.03) | 4 per month | 0.00 | (0.08) | 5.88 | (5.31) | 17.05 | |
| DIN | Dine Brands Global | (0.26) | 3 per month | 2.11 | 0.14 | 4.67 | (4.27) | 13.87 | |
| ARKO | Arko Corp | 0.00 | 0 per month | 2.66 | 0.08 | 4.59 | (2.93) | 15.13 | |
| HYLN | Hyliion Holdings Corp | 0.00 | 0 per month | 4.66 | (0) | 5.83 | (7.17) | 19.92 | |
| ZUMZ | Zumiez Inc | 0.00 | 0 per month | 2.02 | 0.04 | 4.44 | (3.09) | 19.59 | |
| INVZ | Innoviz Technologies | 0.00 | 0 per month | 0.00 | (0.17) | 6.14 | (7.48) | 34.74 |
Honest Additional Predictive Modules
Most predictive techniques to examine Honest price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Honest using various technical indicators. When you analyze Honest 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 Honest Predictive Indicators
The successful prediction of Honest 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 Honest Company, 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 Honest based on analysis of Honest hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Honest's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Honest's related companies.
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Additional Tools for Honest Stock Analysis
When running Honest's price analysis, check to measure Honest'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 Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.