Neogenomics Stock Price Prediction
| NEO Stock | USD 16.39 1.00 6.50% |
Oversold Vs Overbought
70
Oversold | Overbought |
Quarterly Earnings Growth 1.306 | EPS Estimate Next Quarter 0.04 | EPS Estimate Current Year 0.0983 | EPS Estimate Next Year 0.2008 | Wall Street Target Price 20.9091 |
Using NeoGenomics hype-based prediction, you can estimate the value of NeoGenomics from the perspective of NeoGenomics 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 NeoGenomics to buy its stock at a price that has no basis in reality. In that case, they are not buying NeoGenomics 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.
NeoGenomics after-hype prediction price | USD 15.39 |
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.
NeoGenomics |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NeoGenomics' 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.
NeoGenomics After-Hype Price Prediction Density Analysis
As far as predicting the price of NeoGenomics 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 NeoGenomics 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 NeoGenomics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NeoGenomics Estimiated After-Hype Price Volatility
In the context of predicting NeoGenomics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NeoGenomics' historical news coverage. NeoGenomics' after-hype downside and upside margins for the prediction period are 12.90 and 17.88, respectively. We have considered NeoGenomics' 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
NeoGenomics is not too volatile at this time. Analysis and calculation of next after-hype price of NeoGenomics is based on 3 months time horizon.
NeoGenomics Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NeoGenomics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NeoGenomics 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 NeoGenomics, 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 |
0.07 | 2.49 | 0.10 | 0.20 | 8 Events / Month | 12 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
16.39 | 15.39 | 0.00 |
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NeoGenomics Hype Timeline
On the 22nd of November NeoGenomics is traded for 16.39. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of -0.2. NeoGenomics is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 180.43%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.07%. %. The volatility of related hype on NeoGenomics is about 85.12%, with the expected price after the next announcement by competition of 16.19. About 100.0% of the company shares are owned by institutional investors. The book value of NeoGenomics was now reported as 7.09. The company has Price/Earnings (P/E) ratio of 272.37. NeoGenomics recorded a loss per share of 0.61. The entity had not issued any dividends in recent years. The firm had 1:100 split on the 16th of April 2003. Considering the 90-day investment horizon the next forecasted press release will be in about 8 days. Check out NeoGenomics Basic Forecasting Models to cross-verify your projections.NeoGenomics Related Hype Analysis
Having access to credible news sources related to NeoGenomics' direct competition is more important than ever and may enhance your ability to predict NeoGenomics' future price movements. Getting to know how NeoGenomics' 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 NeoGenomics may potentially react to the hype associated with one of its peers.
NeoGenomics Additional Predictive Modules
Most predictive techniques to examine NeoGenomics price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NeoGenomics using various technical indicators. When you analyze NeoGenomics 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 | ||
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| Volume Indicators |
About NeoGenomics Predictive Indicators
The successful prediction of NeoGenomics 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 NeoGenomics, 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 NeoGenomics based on analysis of NeoGenomics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NeoGenomics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NeoGenomics's related companies. | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 85.72 | 80.96 | 70.22 | PTB Ratio | 1.15 | 2.16 | 2.05 |
Story Coverage note for NeoGenomics
The number of cover stories for NeoGenomics depends on current market conditions and NeoGenomics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NeoGenomics 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 NeoGenomics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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NeoGenomics Short Properties
NeoGenomics' future price predictability will typically decrease when NeoGenomics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NeoGenomics often depends not only on the future outlook of the potential NeoGenomics' 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. NeoGenomics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125.5 M | |
| Cash And Short Term Investments | 415.2 M |
Check out NeoGenomics Basic Forecasting Models to cross-verify your projections. To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Life Sciences Tools & Services 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 NeoGenomics. If investors know NeoGenomics 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 NeoGenomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.306 | Earnings Share (0.61) | Revenue Per Share 5.098 | Quarterly Revenue Growth 0.104 | Return On Assets (0.03) |
The market value of NeoGenomics is measured differently than its book value, which is the value of NeoGenomics that is recorded on the company's balance sheet. Investors also form their own opinion of NeoGenomics' value that differs from its market value or its book value, called intrinsic value, which is NeoGenomics' 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 NeoGenomics' market value can be influenced by many factors that don't directly affect NeoGenomics' 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 NeoGenomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoGenomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoGenomics' 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.