Steris Plc Stock Price Prediction
| STE Stock | USD 215.77 3.52 1.66% |
Oversold Vs Overbought
39
Oversold | Overbought |
Quarterly Earnings Growth 0.305 | EPS Estimate Next Quarter 2.33 | EPS Estimate Current Year 8.6 | EPS Estimate Next Year 9.33 | Wall Street Target Price 249.39 |
Using STERIS Plc hype-based prediction, you can estimate the value of STERIS plc from the perspective of STERIS Plc 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 STERIS Plc to buy its stock at a price that has no basis in reality. In that case, they are not buying STERIS 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.
STERIS Plc after-hype prediction price | USD 214.63 |
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.
STERIS |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of STERIS Plc'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.
STERIS Plc After-Hype Price Prediction Density Analysis
As far as predicting the price of STERIS Plc 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 STERIS Plc 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 STERIS Plc, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
STERIS Plc Estimiated After-Hype Price Volatility
In the context of predicting STERIS Plc's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on STERIS Plc's historical news coverage. STERIS Plc's after-hype downside and upside margins for the prediction period are 213.37 and 215.89, respectively. We have considered STERIS Plc'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
STERIS Plc is very steady at this time. Analysis and calculation of next after-hype price of STERIS plc is based on 3 months time horizon.
STERIS Plc Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as STERIS Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading STERIS Plc 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 STERIS Plc, 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 |
0.12 | 1.26 | 1.14 | 0.00 | 7 Events / Month | 13 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
215.77 | 214.63 | 0.53 |
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STERIS Plc Hype Timeline
On the 22nd of November STERIS plc is traded for 215.77. The entity has historical hype elasticity of -1.14, and average elasticity to hype of competition of 0.0. STERIS is anticipated to decline in value after the next headline, with the price expected to drop to 214.63. The average volatility of media hype impact on the company price is about 13.22%. The price depreciation on the next news is expected to be -0.53%, whereas the daily expected return is at this time at -0.12%. The volatility of related hype on STERIS Plc is about 3400.0%, with the expected price after the next announcement by competition of 215.77. About 98.0% of the company shares are owned by institutional investors. The book value of STERIS Plc was at this time reported as 66.8. The company has Price/Earnings To Growth (PEG) ratio of 1.23. STERIS plc recorded earning per share (EPS) of 5.94. The entity last dividend was issued on the 19th of November 2024. The firm had 2:1 split on the 25th of August 1998. Considering the 90-day investment horizon the next anticipated press release will be in about 7 days. Check out STERIS Plc Basic Forecasting Models to cross-verify your projections.STERIS Plc Related Hype Analysis
Having access to credible news sources related to STERIS Plc's direct competition is more important than ever and may enhance your ability to predict STERIS Plc's future price movements. Getting to know how STERIS Plc'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 STERIS Plc may potentially react to the hype associated with one of its peers.
STERIS Plc Additional Predictive Modules
Most predictive techniques to examine STERIS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for STERIS using various technical indicators. When you analyze STERIS 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 STERIS Plc Predictive Indicators
The successful prediction of STERIS Plc 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 STERIS plc, 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 STERIS Plc based on analysis of STERIS Plc hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to STERIS Plc's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to STERIS Plc's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00692 | 0.009621 | 0.009186 | 0.0165 | Price To Sales Ratio | 5.14 | 3.85 | 4.25 | 3.05 |
Story Coverage note for STERIS Plc
The number of cover stories for STERIS Plc depends on current market conditions and STERIS Plc's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that STERIS Plc 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 STERIS Plc'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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STERIS Plc Short Properties
STERIS Plc's future price predictability will typically decrease when STERIS Plc's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of STERIS plc often depends not only on the future outlook of the potential STERIS Plc'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. STERIS Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.4 M | |
| Cash And Short Term Investments | 207 M |
Complementary Tools for STERIS Stock analysis
When running STERIS Plc's price analysis, check to measure STERIS Plc'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 STERIS Plc is operating at the current time. Most of STERIS Plc's value examination focuses on studying past and present price action to predict the probability of STERIS Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STERIS Plc's price. Additionally, you may evaluate how the addition of STERIS Plc to your portfolios can decrease your overall portfolio volatility.
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