Pro Dex Stock Price Prediction
| PDEX Stock | USD 46.75 4.42 10.44% |
Oversold Vs Overbought
81
Oversold | Overbought |
Quarterly Earnings Growth 0.089 | EPS Estimate Next Quarter 0.33 | EPS Estimate Current Year 0.5 | Wall Street Target Price 52 | EPS Estimate Current Quarter 0.29 |
Using Pro Dex hype-based prediction, you can estimate the value of Pro Dex from the perspective of Pro Dex 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 Pro Dex to buy its stock at a price that has no basis in reality. In that case, they are not buying Pro 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.
Pro Dex after-hype prediction price | USD 48.96 |
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.
Pro |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pro Dex'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.
Pro Dex After-Hype Price Prediction Density Analysis
As far as predicting the price of Pro Dex 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 Pro Dex 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 Pro Dex, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Pro Dex Estimiated After-Hype Price Volatility
In the context of predicting Pro Dex's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pro Dex's historical news coverage. Pro Dex's after-hype downside and upside margins for the prediction period are 43.30 and 54.62, respectively. We have considered Pro Dex'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
Pro Dex is not too volatile at this time. Analysis and calculation of next after-hype price of Pro Dex is based on 3 months time horizon.
Pro Dex Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Pro Dex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pro Dex 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 Pro Dex, 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 |
1.37 | 5.70 | 3.69 | 0.10 | 11 Events / Month | 3 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
46.75 | 48.96 | 4.73 |
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Pro Dex Hype Timeline
Pro Dex is at this time traded for 46.75. The entity has historical hype elasticity of 3.69, and average elasticity to hype of competition of -0.1. Pro is forecasted to increase in value after the next headline, with the price projected to jump to 48.96 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 4.73%, whereas the daily expected return is at this time at 1.37%. The volatility of related hype on Pro Dex is about 7953.49%, with the expected price after the next announcement by competition of 46.65. Pro Dex currently holds about 1.6 M in cash with 6.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out Pro Dex Basic Forecasting Models to cross-verify your projections.Pro Dex Related Hype Analysis
Having access to credible news sources related to Pro Dex's direct competition is more important than ever and may enhance your ability to predict Pro Dex's future price movements. Getting to know how Pro Dex'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 Pro Dex may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BEAT | Heartbeam | (0.27) | 8 per month | 3.32 | 0.06 | 10.30 | (6.23) | 22.69 | |
| EUDA | EUDA Health Holdings | 0.07 | 1 per month | 6.74 | 0.01 | 9.70 | (10.50) | 26.33 | |
| NUTX | Nutex Health | (0.42) | 9 per month | 5.30 | 0.10 | 11.28 | (9.19) | 47.75 | |
| HCTI | Healthcare Triangle | 0.04 | 4 per month | 8.22 | 0.11 | 10.34 | (17.65) | 131.09 | |
| MGRX | Mangoceuticals, Common Stock | 0.16 | 7 per month | 0.00 | (0.11) | 7.29 | (10.11) | 37.65 | |
| ACON | Aclarion | (0.01) | 7 per month | 0.00 | (0.05) | 11.11 | (10.00) | 35.83 |
Pro Dex Additional Predictive Modules
Most predictive techniques to examine Pro price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pro using various technical indicators. When you analyze Pro 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 Pro Dex Predictive Indicators
The successful prediction of Pro Dex 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 Pro Dex, 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 Pro Dex based on analysis of Pro Dex hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Pro Dex's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Pro Dex's related companies. | 2023 | 2024 (projected) | Dividend Yield | 3.72E-4 | 3.3E-4 | Price To Sales Ratio | 1.19 | 0.84 |
Story Coverage note for Pro Dex
The number of cover stories for Pro Dex depends on current market conditions and Pro Dex's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Pro Dex 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 Pro Dex's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Pro Dex Short Properties
Pro Dex's future price predictability will typically decrease when Pro Dex's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Pro Dex often depends not only on the future outlook of the potential Pro Dex'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. Pro Dex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.6 M | |
| Cash And Short Term Investments | 6.8 M |
Additional Tools for Pro Stock Analysis
When running Pro Dex's price analysis, check to measure Pro Dex'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 Pro Dex is operating at the current time. Most of Pro Dex's value examination focuses on studying past and present price action to predict the probability of Pro Dex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pro Dex's price. Additionally, you may evaluate how the addition of Pro Dex to your portfolios can decrease your overall portfolio volatility.