Ooma Inc Stock Price Prediction

OOMA Stock  USD 13.80  0.19  1.40%   
The relative strength index (RSI) of Ooma's the stock price is about 69. This 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 Ooma, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of Ooma's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ooma Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Ooma's stock price prediction:
EPS Estimate Current Year
0.58
EPS Estimate Next Year
0.61
Wall Street Target Price
14.8
EPS Estimate Current Quarter
0.13
Quarterly Revenue Growth
0.099
Using Ooma hype-based prediction, you can estimate the value of Ooma Inc from the perspective of Ooma 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 Ooma to buy its stock at a price that has no basis in reality. In that case, they are not buying Ooma 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.

Ooma after-hype prediction price

    
  USD 13.6  
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 Ooma Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
13.2917.0120.73
Details
Naive
Forecast
LowNextHigh
10.0913.8117.53
Details
7 Analysts
Consensus
LowTargetHigh
17.1118.8020.87
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.150.16
Details

Ooma After-Hype Price Prediction Density Analysis

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

Ooma Estimiated After-Hype Price Volatility

In the context of predicting Ooma's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ooma's historical news coverage. Ooma's after-hype downside and upside margins for the prediction period are 9.88 and 17.32, respectively. We have considered Ooma'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
13.80
13.60
After-hype Price
17.32
Upside
Ooma is not too volatile at this time. Analysis and calculation of next after-hype price of Ooma Inc is based on 3 months time horizon.

Ooma Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Ooma is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ooma 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 Ooma, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.74 
3.74
  0.19 
  0.93 
7 Events / Month
9 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13.80
13.60
1.45 
1,438  
Notes

Ooma Hype Timeline

Ooma Inc is now traded for 13.80. The entity has historical hype elasticity of -0.19, and average elasticity to hype of competition of 0.93. Ooma is expected to decline in value after the next headline, with the price expected to drop to 13.6. 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 -1.45%, whereas the daily expected return is now at 0.74%. The volatility of related hype on Ooma is about 297.61%, with the expected price after the next announcement by competition of 14.73. About 73.0% of the company shares are owned by institutional investors. The book value of Ooma was now reported as 3.05. The company has Price/Earnings To Growth (PEG) ratio of 1.82. Ooma Inc recorded a loss per share of 0.19. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 7 days.
Check out Ooma Basic Forecasting Models to cross-verify your projections.

Ooma Related Hype Analysis

Having access to credible news sources related to Ooma's direct competition is more important than ever and may enhance your ability to predict Ooma's future price movements. Getting to know how Ooma'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 Ooma may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SHENShenandoah Telecommunications Co 0.11 9 per month 0.00 (0.05) 4.91 (3.94) 25.16 
ATEXAnterix(0.26)8 per month 0.00 (0.12) 3.31 (4.08) 12.42 
LBRDPLiberty Broadband Corp 0.00 0 per month 0.55 (0.04) 1.18 (1.07) 3.58 
IDTIDT Corporation 0.04 11 per month 0.94  0.14  2.37 (2.30) 24.20 
ATNIATN International 0.32 10 per month 0.00 (0.08) 4.14 (4.87) 31.68 
LBRDALiberty Broadband Srs 0.54 9 per month 1.52  0.13  4.70 (3.19) 33.07 
CNSLConsolidated Communications 0.00 7 per month 0.23 (0.29) 0.44 (0.43) 1.74 
CABOCable One 8.17 11 per month 2.50  0.06  4.42 (4.54) 18.76 
RADIRadius Global Infrastructure 0.02 7 per month 0.00 (0.60) 0.27 (0.14) 0.61 
KTKT Corporation 0.05 10 per month 1.64  0.05  3.58 (2.09) 11.99 
SKMSK Telecom Co(0.03)7 per month 0.00 (0.1) 2.11 (1.71) 5.94 
IDCCInterDigital 6.12 11 per month 0.84  0.20  2.76 (1.82) 12.59 

Ooma Additional Predictive Modules

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

The successful prediction of Ooma 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 Ooma Inc, 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 Ooma based on analysis of Ooma hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ooma's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ooma's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover9.845.8311.46.38
Days Of Inventory On Hand68.41122.0180.6752.73

Story Coverage note for Ooma

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

Ooma Short Properties

Ooma's future price predictability will typically decrease when Ooma's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ooma Inc often depends not only on the future outlook of the potential Ooma'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. Ooma's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding25.6 M
Cash And Short Term Investments17.5 M

Complementary Tools for Ooma Stock analysis

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