Ttm Technologies Stock Price Prediction

TTMI Stock  USD 23.64  0.34  1.46%   
As of 22nd of November 2024 The relative strength index (RSI) of TTM Technologies' share price is above 80 . This usually implies that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

80

 
Oversold
 
Overbought
The successful prediction of TTM Technologies' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with TTM Technologies, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting TTM Technologies' stock price prediction:
Quarterly Earnings Growth
2.765
EPS Estimate Next Quarter
0.43
EPS Estimate Current Year
1.59
EPS Estimate Next Year
1.9725
Wall Street Target Price
26.5
Using TTM Technologies hype-based prediction, you can estimate the value of TTM Technologies from the perspective of TTM Technologies 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 TTM Technologies to buy its stock at a price that has no basis in reality. In that case, they are not buying TTM 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.

TTM Technologies after-hype prediction price

    
  USD 23.91  
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 TTM Technologies Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.
Intrinsic
Valuation
LowRealHigh
16.8619.8226.00
Details
Naive
Forecast
LowNextHigh
18.4021.3624.33
Details
4 Analysts
Consensus
LowTargetHigh
15.6417.1919.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.400.400.40
Details

TTM Technologies After-Hype Price Prediction Density Analysis

As far as predicting the price of TTM Technologies 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 TTM Technologies 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 TTM Technologies, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

TTM Technologies Estimiated After-Hype Price Volatility

In the context of predicting TTM Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TTM Technologies' historical news coverage. TTM Technologies' after-hype downside and upside margins for the prediction period are 20.95 and 26.87, respectively. We have considered TTM Technologies' 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
23.64
23.91
After-hype Price
26.87
Upside
TTM Technologies is not too volatile at this time. Analysis and calculation of next after-hype price of TTM Technologies is based on 3 months time horizon.

TTM Technologies Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as TTM Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TTM Technologies 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 TTM Technologies, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.30 
2.98
  0.30 
  0.10 
9 Events / Month
9 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
23.64
23.91
1.14 
301.01  
Notes

TTM Technologies Hype Timeline

TTM Technologies is at this time traded for 23.64. The entity has historical hype elasticity of 0.3, and average elasticity to hype of competition of 0.1. TTM is expected to increase in value after the next headline, with the price projected to jump to 23.91 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 1.14%, whereas the daily expected return is at this time at 0.3%. The volatility of related hype on TTM Technologies is about 869.5%, with the expected price after the next announcement by competition of 23.74. The company reported the previous year's revenue of 2.23 B. Net Loss for the year was (18.72 M) with profit before overhead, payroll, taxes, and interest of 457.96 M. Given the investment horizon of 90 days the next expected press release will be in about 9 days.
Check out TTM Technologies Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.

TTM Technologies Related Hype Analysis

Having access to credible news sources related to TTM Technologies' direct competition is more important than ever and may enhance your ability to predict TTM Technologies' future price movements. Getting to know how TTM Technologies' 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 TTM Technologies may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SANMSanmina 6.83 7 per month 1.50  0.05  2.35 (2.64) 15.90 
BHEBenchmark Electronics(0.59)7 per month 1.79  0.05  3.32 (3.84) 13.28 
MEIMethode Electronics(1.02)12 per month 0.00 (0.06) 5.56 (5.53) 18.54 
OSISOSI Systems(0.95)10 per month 1.80  0.04  3.51 (2.91) 12.11 
CLSCelestica 2.04 11 per month 2.71  0.19  5.42 (4.03) 20.61 
PLXSPlexus Corp(3.32)7 per month 1.21  0.14  3.38 (1.91) 12.92 
CTSCTS Corporation 1.50 10 per month 1.65  0.04  3.28 (2.79) 15.09 
LYTSLSI Industries 0.79 8 per month 0.85  0.22  5.36 (1.65) 10.64 
BELFABel Fuse A 0.04 10 per month 1.46  0.04  2.71 (2.61) 17.70 
BELFBBel Fuse B(1.50)7 per month 1.67  0.06  3.00 (2.86) 20.73 
RELLRichardson Electronics(0.05)11 per month 1.24  0.11  3.38 (1.91) 11.38 

TTM Technologies Additional Predictive Modules

Most predictive techniques to examine TTM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TTM using various technical indicators. When you analyze TTM 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.

About TTM Technologies Predictive Indicators

The successful prediction of TTM Technologies 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 TTM Technologies, 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 TTM Technologies based on analysis of TTM Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TTM Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TTM Technologies's related companies.
 2011 2012 2018 (projected)
Days Sales Outstanding80.8881.57103.95
PTB Ratio1.11.151.06

Story Coverage note for TTM Technologies

The number of cover stories for TTM Technologies depends on current market conditions and TTM Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TTM Technologies 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 TTM Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

TTM Technologies Short Properties

TTM Technologies' future price predictability will typically decrease when TTM Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TTM Technologies often depends not only on the future outlook of the potential TTM Technologies' 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. TTM Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding102.7 M
Cash And Short Term Investments450.2 M

Complementary Tools for TTM Stock analysis

When running TTM Technologies' price analysis, check to measure TTM Technologies' 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 TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
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