Teekay Tankers Stock Price Prediction
| TNK Stock | USD 41.73 0.13 0.31% |
Oversold Vs Overbought
23
Oversold | Overbought |
Quarterly Earnings Growth (0.28) | EPS Estimate Next Quarter 3.24 | EPS Estimate Current Year 11.6822 | EPS Estimate Next Year 11.5121 | Wall Street Target Price 65.8571 |
Using Teekay Tankers hype-based prediction, you can estimate the value of Teekay Tankers from the perspective of Teekay Tankers response to recently generated media hype and the effects of current headlines on its competitors.
Teekay Tankers Hype to Price Pattern
Investor biases related to Teekay Tankers' public news can be used to forecast risks associated with an investment in Teekay. The trend in average sentiment can be used to explain how an investor holding Teekay can time the market purely based on public headlines and social activities around Teekay Tankers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Teekay Tankers' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Teekay Tankers.
The fear of missing out, i.e., FOMO, can cause potential investors in Teekay Tankers to buy its stock at a price that has no basis in reality. In that case, they are not buying Teekay 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.
Teekay Tankers after-hype prediction price | USD 41.84 |
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.
Teekay |
Teekay Tankers After-Hype Price Prediction Density Analysis
As far as predicting the price of Teekay Tankers 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 Teekay Tankers 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 Teekay Tankers, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Teekay Tankers Estimiated After-Hype Price Volatility
In the context of predicting Teekay Tankers' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Teekay Tankers' historical news coverage. Teekay Tankers' after-hype downside and upside margins for the prediction period are 39.84 and 43.84, respectively. We have considered Teekay Tankers' 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
Teekay Tankers is very steady at this time. Analysis and calculation of next after-hype price of Teekay Tankers is based on 3 months time horizon.
Teekay Tankers Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Teekay Tankers is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Teekay Tankers 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 Teekay Tankers, 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 |
0.44 | 2.00 | 0.11 | 0.09 | 7 Events / Month | 4 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
41.73 | 41.84 | 0.26 |
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Teekay Tankers Hype Timeline
On the 25th of November Teekay Tankers is traded for 41.73. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of -0.09. Teekay is estimated to increase in value after the next headline, with the price projected to jump to 41.84 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.26%, whereas the daily expected return is at this time at -0.44%. The volatility of related hype on Teekay Tankers is about 943.4%, with the expected price after the next announcement by competition of 41.64. The company reported the last year's revenue of 1.36 B. Total Income to common stockholders was 513.67 M with profit before taxes, overhead, and interest of 389.69 M. Considering the 90-day investment horizon the next estimated press release will be in about 7 days. Check out Teekay Tankers Basic Forecasting Models to cross-verify your projections.Teekay Tankers Related Hype Analysis
Having access to credible news sources related to Teekay Tankers' direct competition is more important than ever and may enhance your ability to predict Teekay Tankers' future price movements. Getting to know how Teekay Tankers' 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 Teekay Tankers may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| STNG | Scorpio Tankers | (0.31) | 9 per month | 0.00 | (0.30) | 1.99 | (3.23) | 7.73 | |
| DHT | DHT Holdings | 0.15 | 9 per month | 2.17 | (0.06) | 3.87 | (3.68) | 9.54 | |
| EURN | Euronav NV | (0.36) | 9 per month | 1.24 | 0.20 | 3.66 | (3.10) | 10.85 | |
| TNP | TransAtlantic Petroleum | (0.52) | 6 per month | 1.46 | 0.05 | 3.12 | (2.57) | 9.04 | |
| TK | Teekay | (0.02) | 10 per month | 2.04 | (0.04) | 3.23 | (3.37) | 15.63 |
Teekay Tankers Additional Predictive Modules
Most predictive techniques to examine Teekay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Teekay using various technical indicators. When you analyze Teekay 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 Teekay Tankers Predictive Indicators
The successful prediction of Teekay Tankers 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 Teekay Tankers, 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 Teekay Tankers based on analysis of Teekay Tankers hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Teekay Tankers's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Teekay Tankers's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0401 | 0.0381 | Price To Sales Ratio | 1.25 | 1.66 |
Story Coverage note for Teekay Tankers
The number of cover stories for Teekay Tankers depends on current market conditions and Teekay Tankers' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Teekay Tankers 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 Teekay Tankers' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Teekay Tankers Short Properties
Teekay Tankers' future price predictability will typically decrease when Teekay Tankers' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Teekay Tankers often depends not only on the future outlook of the potential Teekay Tankers' 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. Teekay Tankers' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.6 M | |
| Cash And Short Term Investments | 365.9 M |
Check out Teekay Tankers Basic Forecasting Models to cross-verify your projections. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil & Gas Storage & Transportation 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 Teekay Tankers. If investors know Teekay 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 Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' 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 Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' 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 Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' 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.