Truecar Stock Price Prediction
| TRUE Stock | USD 2.32 0.01 0.43% |
Momentum 50
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter (0.03) | EPS Estimate Current Year (0.11) | EPS Estimate Next Year (0.08) | Wall Street Target Price 2.35 | EPS Estimate Current Quarter (0.03) |
Using TrueCar hype-based prediction, you can estimate the value of TrueCar from the perspective of TrueCar response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards TrueCar using TrueCar's stock options and short interest. It helps to benchmark the overall future attitude of investors towards TrueCar using crowd psychology based on the activity and movement of TrueCar's stock price.
TrueCar Short Interest
A significant increase or decrease in TrueCar's short interest from the previous month could be a good indicator of investor sentiment towards TrueCar. Short interest can provide insight into the potential direction of TrueCar stock and how bullish or bearish investors feel about the market overall.
200 Day MA 1.8787 | Short Percent 0.0198 | Short Ratio 2.44 | Shares Short Prior Month 1.7 M | 50 Day MA 2.203 |
TrueCar Hype to Price Pattern
Investor biases related to TrueCar's public news can be used to forecast risks associated with an investment in TrueCar. The trend in average sentiment can be used to explain how an investor holding TrueCar can time the market purely based on public headlines and social activities around TrueCar. 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 TrueCar's market sentiment to its price can help taders to make decisions based on the overall investors consensus about TrueCar.
TrueCar Implied Volatility | 0.96 |
TrueCar's implied volatility exposes the market's sentiment of TrueCar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if TrueCar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that TrueCar stock will not fluctuate a lot when TrueCar's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in TrueCar to buy its stock at a price that has no basis in reality. In that case, they are not buying TrueCar 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.
TrueCar after-hype prediction price | USD 2.31 |
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 TrueCar Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrueCar'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.
TrueCar After-Hype Price Prediction Density Analysis
As far as predicting the price of TrueCar 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 TrueCar 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 TrueCar, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TrueCar Estimiated After-Hype Price Volatility
In the context of predicting TrueCar's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TrueCar's historical news coverage. TrueCar's after-hype downside and upside margins for the prediction period are 0.12 and 10.75, respectively. We have considered TrueCar'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
TrueCar is extremely dangerous at this time. Analysis and calculation of next after-hype price of TrueCar is based on 3 months time horizon.
TrueCar Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as TrueCar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TrueCar 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 TrueCar, 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 |
0.51 | 8.38 | 0.01 | 0.03 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.32 | 2.31 | 0.43 |
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TrueCar Hype Timeline
TrueCar is at this time traded for 2.32. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.03. TrueCar is anticipated to decline in value after the next headline, with the price expected to drop to 2.31. 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 -0.43%, whereas the daily expected return is at this time at 0.51%. The volatility of related hype on TrueCar is about 13966.67%, with the expected price after the next announcement by competition of 2.29. About 79.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.76. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TrueCar recorded a loss per share of 0.21. The entity last dividend was issued on the May 6, 2009. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out TrueCar Basic Forecasting Models to cross-verify your projections.TrueCar Related Hype Analysis
Having access to credible news sources related to TrueCar's direct competition is more important than ever and may enhance your ability to predict TrueCar's future price movements. Getting to know how TrueCar'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 TrueCar may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TRVG | Trivago NV | 0.16 | 8 per month | 0.00 | (0.14) | 4.23 | (4.56) | 11.25 | |
| AREN | Arena Group Holdings | (0.18) | 9 per month | 0.00 | (0.14) | 8.00 | (7.13) | 27.15 | |
| WIMI | WiMi Hologram Cloud | (0.78) | 11 per month | 0.00 | (0.25) | 4.84 | (5.94) | 19.09 | |
| ATNI | ATN International | (0.03) | 10 per month | 1.34 | 0.17 | 5.15 | (2.94) | 20.75 | |
| STRZ | Starz Entertainment LLC | (0.56) | 9 per month | 0.00 | (0.11) | 5.61 | (5.15) | 17.68 | |
| EVC | Entravision Communications | (0.02) | 10 per month | 1.96 | 0.07 | 5.93 | (4.12) | 48.82 | |
| SSP | E W Scripps | (0.06) | 11 per month | 3.99 | 0.1 | 7.52 | (6.60) | 53.49 | |
| IAC | IAC Inc | 0.61 | 10 per month | 1.60 | 0.08 | 2.49 | (2.35) | 5.63 | |
| IZEA | IZEA Inc | 0.25 | 8 per month | 3.12 | 0.05 | 6.75 | (5.34) | 33.70 | |
| RDCM | Radcom | 0.01 | 12 per month | 0.00 | (0.07) | 4.26 | (2.95) | 10.91 |
TrueCar Additional Predictive Modules
Most predictive techniques to examine TrueCar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TrueCar using various technical indicators. When you analyze TrueCar 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 TrueCar Predictive Indicators
The successful prediction of TrueCar 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 TrueCar, 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 TrueCar based on analysis of TrueCar hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TrueCar's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TrueCar's related companies. | 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 44.07 | 32.72 | 48.15 | PTB Ratio | 1.94 | 2.85 | 3.59 |
Story Coverage note for TrueCar
The number of cover stories for TrueCar depends on current market conditions and TrueCar's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TrueCar 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 TrueCar'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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TrueCar Short Properties
TrueCar's future price predictability will typically decrease when TrueCar's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TrueCar often depends not only on the future outlook of the potential TrueCar'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. TrueCar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.2 M | |
| Cash And Short Term Investments | 111.8 M |
Complementary Tools for TrueCar Stock analysis
When running TrueCar's price analysis, check to measure TrueCar'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 TrueCar is operating at the current time. Most of TrueCar's value examination focuses on studying past and present price action to predict the probability of TrueCar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueCar's price. Additionally, you may evaluate how the addition of TrueCar to your portfolios can decrease your overall portfolio volatility.
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