Recon Technology Stock Price Prediction
| RCON Stock | USD 2.31 0.04 1.70% |
Oversold Vs Overbought
31
Oversold | Overbought |
EPS Estimate Current Year (0.38) | EPS Estimate Next Year (0.03) | Wall Street Target Price 2.01 | Quarterly Revenue Growth 0.095 |
Using Recon Technology hype-based prediction, you can estimate the value of Recon Technology from the perspective of Recon Technology 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 Recon Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Recon 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.
Recon Technology after-hype prediction price | USD 2.28 |
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.
Recon |
Recon Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Recon Technology 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 Recon Technology 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 Recon Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Recon Technology Estimiated After-Hype Price Volatility
In the context of predicting Recon Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Recon Technology's historical news coverage. Recon Technology's after-hype downside and upside margins for the prediction period are 0.11 and 7.92, respectively. We have considered Recon Technology'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
Recon Technology is dangerous at this time. Analysis and calculation of next after-hype price of Recon Technology is based on 3 months time horizon.
Recon Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Recon Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Recon Technology 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 Recon Technology, 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 |
0.17 | 5.60 | 0.03 | 0.01 | 7 Events / Month | 3 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.31 | 2.28 | 1.30 |
|
Recon Technology Hype Timeline
Recon Technology is at this time traded for 2.31. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.01. Recon is estimated to decline in value after the next headline, with the price expected to drop to 2.28. 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 -1.3%, whereas the daily expected return is at this time at -0.17%. The volatility of related hype on Recon Technology is about 9333.33%, with the expected price after the next announcement by competition of 2.30. About 24.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Recon Technology recorded a loss per share of 0.08. The entity last dividend was issued on the 27th of December 2019. The firm had 1:18 split on the 1st of May 2024. Given the investment horizon of 90 days the next estimated press release will be in about 7 days. Check out Recon Technology Basic Forecasting Models to cross-verify your projections.Recon Technology Related Hype Analysis
Having access to credible news sources related to Recon Technology's direct competition is more important than ever and may enhance your ability to predict Recon Technology's future price movements. Getting to know how Recon Technology'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 Recon Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SAPMF | Saipem SpA | 0.00 | 0 per month | 1.68 | 0.02 | 4.69 | (3.18) | 18.87 | |
| CAWLF | CWC Energy Services | 0.00 | 0 per month | 0.00 | (0.20) | 0.00 | 0.00 | 25.00 | |
| WYGPY | Worley Parsons | 0.00 | 0 per month | 0.00 | (0.04) | 6.40 | (6.69) | 17.39 | |
| POFCY | Petrofac Ltd ADR | 0.00 | 0 per month | 0.00 | (0.05) | 16.67 | (14.29) | 39.08 | |
| CFWFF | Calfrac Well Services | 0.00 | 0 per month | 0.00 | (0.12) | 2.96 | (2.82) | 9.26 | |
| ACDC | ProFrac Holding Corp | 0.18 | 10 per month | 4.01 | 0.09 | 7.24 | (5.82) | 17.89 | |
| NR | Newpark Resources | 0.34 | 8 per month | 2.11 | (0.04) | 3.73 | (3.89) | 13.55 | |
| NGS | Natural Gas Services | (0.05) | 7 per month | 2.16 | 0.09 | 4.13 | (3.04) | 14.29 | |
| GEOS | Geospace Technologies | (0.44) | 7 per month | 4.08 | 0.01 | 4.68 | (4.18) | 27.12 | |
| MRC | MRC Global | (0.63) | 8 per month | 1.56 | 0.01 | 3.28 | (2.94) | 18.83 |
Recon Technology Additional Predictive Modules
Most predictive techniques to examine Recon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Recon using various technical indicators. When you analyze Recon 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 Recon Technology Predictive Indicators
The successful prediction of Recon Technology 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 Recon Technology, 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 Recon Technology based on analysis of Recon Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Recon Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Recon Technology's related companies. | 2023 | 2024 (projected) | Dividend Yield | 3.2E-5 | 2.8E-5 | Price To Sales Ratio | 0.77 | 0.73 |
Story Coverage note for Recon Technology
The number of cover stories for Recon Technology depends on current market conditions and Recon Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Recon Technology 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 Recon Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Recon Technology Short Properties
Recon Technology's future price predictability will typically decrease when Recon Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Recon Technology often depends not only on the future outlook of the potential Recon Technology'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. Recon Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5 M | |
| Cash And Short Term Investments | 198.1 M |
Check out Recon Technology Basic Forecasting Models to cross-verify your projections. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Oil & Gas Equipment & 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 Recon Technology. If investors know Recon 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 Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 13.637 | Quarterly Revenue Growth 0.095 | Return On Assets (0.08) | Return On Equity (0.11) |
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology's 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 Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology's 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 Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology's 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.