Nexttrip Stock Price Prediction
| NTRP Stock | USD 3.25 0.20 5.80% |
Momentum 43
Sell Extended
Oversold | Overbought |
EPS Estimate Current Year (1.22) | EPS Estimate Next Year (0.01) | Wall Street Target Price 8.25 | EPS Estimate Current Quarter (0.16) | Quarterly Revenue Growth 15.08 |
Using NextTrip hype-based prediction, you can estimate the value of NextTrip from the perspective of NextTrip 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 NextTrip to buy its stock at a price that has no basis in reality. In that case, they are not buying NextTrip 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.
NextTrip after-hype prediction price | USD 3.24 |
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 NextTrip Basic Forecasting Models to cross-verify your projections. NextTrip After-Hype Price Density Analysis
As far as predicting the price of NextTrip 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 NextTrip 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 NextTrip, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NextTrip Estimiated After-Hype Price Volatility
In the context of predicting NextTrip's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NextTrip's historical news coverage. NextTrip's after-hype downside and upside margins for the prediction period are 0.16 and 10.23, respectively. We have considered NextTrip'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
NextTrip is very risky at this time. Analysis and calculation of next after-hype price of NextTrip is based on 3 months time horizon.
NextTrip Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as NextTrip is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NextTrip 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 NextTrip, 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 |
0.36 | 6.93 | 0.01 | 0.00 | 7 Events / Month | 5 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.25 | 3.24 | 0.31 |
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NextTrip Hype Timeline
NextTrip is now traded for 3.25. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. NextTrip is projected to decline in value after the next headline, with the price expected to drop to 3.24. 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 -0.31%, whereas the daily expected return is now at -0.36%. The volatility of related hype on NextTrip is about 103950.0%, with the expected price after the next announcement by competition of 3.25. About 31.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 2.28. NextTrip last dividend was issued on the 28th of February 2020. The entity had 1:20 split on the 22nd of September 2023. Given the investment horizon of 90 days the next projected press release will be in about 7 days. Check out NextTrip Basic Forecasting Models to cross-verify your projections.NextTrip Related Hype Analysis
Having access to credible news sources related to NextTrip's direct competition is more important than ever and may enhance your ability to predict NextTrip's future price movements. Getting to know how NextTrip'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 NextTrip may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TOUR | Tuniu Corp | (0.02) | 7 per month | 0.00 | (0.09) | 4.05 | (5.71) | 21.39 | |
| ISPO | Inspirato | 0.04 | 7 per month | 1.23 | 0.11 | 6.32 | (3.14) | 47.07 | |
| WPRT | Westport Fuel Systems | (0.06) | 8 per month | 2.52 | 0.02 | 6.33 | (4.94) | 18.19 | |
| TBHC | The Brand House | (0.02) | 6 per month | 0.00 | (0.08) | 5.79 | (6.52) | 15.74 | |
| LESL | Leslies | (0.20) | 9 per month | 0.00 | (0.15) | 9.20 | (9.63) | 42.31 | |
| FAT | FAT Brands | (0.01) | 9 per month | 0.00 | (0.26) | 11.11 | (14.52) | 44.83 | |
| MKDW | MKDWELL Tech Ordinary | 0.01 | 5 per month | 0.00 | 0.12 | 10.00 | (5.88) | 2,863 | |
| NTZ | Natuzzi SpA | 0.15 | 10 per month | 4.29 | 0 | 10.37 | (7.04) | 25.04 | |
| CDRO | Codere Online Corp | 0.05 | 4 per month | 1.66 | 0.09 | 5.98 | (3.51) | 13.32 |
NextTrip Additional Predictive Modules
Most predictive techniques to examine NextTrip price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NextTrip using various technical indicators. When you analyze NextTrip 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 NextTrip Predictive Indicators
The successful prediction of NextTrip 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 NextTrip, 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 NextTrip based on analysis of NextTrip hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NextTrip's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NextTrip's related companies. | 2020 | 2021 | 2022 | 2026 (projected) | Days Sales Outstanding | 149.87 | 91.08 | 215.16 | 134.67 | PTB Ratio | 2.51 | 1.41 | 0.83 | 0.79 |
Pair Trading with NextTrip
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NextTrip position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NextTrip will appreciate offsetting losses from the drop in the long position's value.Moving against NextTrip Stock
The ability to find closely correlated positions to NextTrip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextTrip when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NextTrip - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NextTrip to buy it.
The correlation of NextTrip is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NextTrip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextTrip moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NextTrip can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NextTrip Stock Analysis
When running NextTrip's price analysis, check to measure NextTrip'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 NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.