Harrow Health Stock Price Prediction

HROW Stock  USD 43.88  1.44  3.39%   
The relative strength index (RSI) of Harrow Health's the stock price is slightly above 60. This usually indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Harrow, making its price go up or down.

Oversold Vs Overbought

60

 
Oversold
 
Overbought
The successful prediction of Harrow Health's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Harrow Health and does not consider all of the tangible or intangible factors available from Harrow Health's fundamental data. We analyze noise-free headlines and recent hype associated with Harrow Health, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Harrow Health's stock price prediction:
Quarterly Earnings Growth
(0.64)
EPS Estimate Next Quarter
0.17
EPS Estimate Current Year
(0.29)
EPS Estimate Next Year
0.78
Wall Street Target Price
60.85
Using Harrow Health hype-based prediction, you can estimate the value of Harrow Health from the perspective of Harrow Health 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 Harrow Health to buy its stock at a price that has no basis in reality. In that case, they are not buying Harrow 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.

Harrow Health after-hype prediction price

    
  USD 43.88  
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 Harrow Health Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.
Intrinsic
Valuation
LowRealHigh
34.2738.4748.27
Details
Naive
Forecast
LowNextHigh
38.8843.0847.28
Details
4 Analysts
Consensus
LowTargetHigh
35.3138.8043.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.07-0.07
Details

Harrow Health After-Hype Price Prediction Density Analysis

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

Harrow Health Estimiated After-Hype Price Volatility

In the context of predicting Harrow Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Harrow Health's historical news coverage. Harrow Health's after-hype downside and upside margins for the prediction period are 39.68 and 48.08, respectively. We have considered Harrow Health'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
43.88
43.88
After-hype Price
48.08
Upside
Harrow Health is not too volatile at this time. Analysis and calculation of next after-hype price of Harrow Health is based on 3 months time horizon.

Harrow Health Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Harrow Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Harrow Health 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 Harrow Health, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
4.20
  0.23 
 0.00  
10 Events / Month
3 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
43.88
43.88
0.00 
148.94  
Notes

Harrow Health Hype Timeline

Harrow Health is currently traded for 43.88. The entity has historical hype elasticity of 0.23, and average elasticity to hype of competition of 0.0. Harrow 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 about 148.94%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.08%. %. The volatility of related hype on Harrow Health is about 10000.0%, with the expected price after the next announcement by competition of 43.88. About 14.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.95. Harrow Health had not issued any dividends in recent years. The entity had 1:5 split on the 8th of February 2013. Given the investment horizon of 90 days the next estimated press release will be in about 10 days.
Check out Harrow Health Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.

Harrow Health Related Hype Analysis

Having access to credible news sources related to Harrow Health's direct competition is more important than ever and may enhance your ability to predict Harrow Health's future price movements. Getting to know how Harrow Health'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 Harrow Health may potentially react to the hype associated with one of its peers.

Harrow Health Additional Predictive Modules

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

The successful prediction of Harrow Health 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 Harrow Health, 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 Harrow Health based on analysis of Harrow Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Harrow Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Harrow Health's related companies.
 2023 2024 (projected)
Dividend Yield6.32E-46.0E-4
Price To Sales Ratio2.812.67

Story Coverage note for Harrow Health

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

Harrow Health Short Properties

Harrow Health's future price predictability will typically decrease when Harrow Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Harrow Health often depends not only on the future outlook of the potential Harrow Health'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. Harrow Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding32.6 M
Cash And Short Term Investments82.8 M

Additional Tools for Harrow Stock Analysis

When running Harrow Health's price analysis, check to measure Harrow Health'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 Harrow Health is operating at the current time. Most of Harrow Health's value examination focuses on studying past and present price action to predict the probability of Harrow Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harrow Health's price. Additionally, you may evaluate how the addition of Harrow Health to your portfolios can decrease your overall portfolio volatility.