Westport Fuel Systems Stock Price Prediction

WPRT Stock  CAD 6.27  0.02  0.32%   
As of today, the relative strength index (RSI) of Westport Fuel's share price is approaching 36. This entails that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Westport Fuel, making its price go up or down.

Oversold Vs Overbought

36

 
Oversold
 
Overbought
The successful prediction of Westport Fuel's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Westport Fuel Systems, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Westport Fuel's stock price prediction:
Quarterly Earnings Growth
0.027
EPS Estimate Next Quarter
(0.72)
EPS Estimate Current Year
(1.38)
EPS Estimate Next Year
(0.76)
Wall Street Target Price
79.43
Using Westport Fuel hype-based prediction, you can estimate the value of Westport Fuel Systems from the perspective of Westport Fuel 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 Westport Fuel to buy its stock at a price that has no basis in reality. In that case, they are not buying Westport 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.

Westport Fuel after-hype prediction price

    
  CAD 6.3  
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 Westport Fuel Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
3.465.387.30
Details
Naive
Forecast
LowNextHigh
4.846.768.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.41-0.35-0.24
Details

Westport Fuel After-Hype Price Prediction Density Analysis

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

Westport Fuel Estimiated After-Hype Price Volatility

In the context of predicting Westport Fuel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westport Fuel's historical news coverage. Westport Fuel's after-hype downside and upside margins for the prediction period are 4.38 and 8.22, respectively. We have considered Westport Fuel'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
6.27
6.30
After-hype Price
8.22
Upside
Westport Fuel is somewhat reliable at this time. Analysis and calculation of next after-hype price of Westport Fuel Systems is based on 3 months time horizon.

Westport Fuel Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Westport Fuel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westport Fuel 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 Westport Fuel, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.31 
1.92
  0.03 
  0.02 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.27
6.30
0.48 
2,133  
Notes

Westport Fuel Hype Timeline

Westport Fuel Systems is at this time traded for 6.27on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.02. Westport is estimated to increase in value after the next headline, with the price projected to jump to 6.3 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.48%, whereas the daily expected return is at this time at -0.31%. The volatility of related hype on Westport Fuel is about 3011.76%, with the expected price after the next announcement by competition of 6.29. The company reported the revenue of 331.8 M. Net Loss for the year was (49.72 M) with profit before overhead, payroll, taxes, and interest of 36.2 M. Assuming the 90 days trading horizon the next estimated press release will be very soon.
Check out Westport Fuel Basic Forecasting Models to cross-verify your projections.

Westport Fuel Related Hype Analysis

Having access to credible news sources related to Westport Fuel's direct competition is more important than ever and may enhance your ability to predict Westport Fuel's future price movements. Getting to know how Westport Fuel'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 Westport Fuel 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
ERCEros Resources Corp 0.00 1 per month 0.00  0.01  11.11  0.00  55.84 
AAPLApple Inc CDR 0.28 1 per month 1.20 (0.06) 2.09 (2.37) 6.39 
ERE-UNEuropean Residential Real 0.02 2 per month 0.79  0.14  3.40 (1.58) 20.23 
CU-PHCanadian Utilities Ltd 0.00 0 per month 0.00 (0.17) 1.48 (1.59) 5.71 
ITHInternational Tower Hill(0.01)1 per month 0.00 (0.03) 7.79 (8.82) 28.06 
ROOFNorthstar Clean Technologies 0.01 2 per month 2.01  0.12  9.52 (5.00) 18.67 
WMTWalmart Inc CDR 0.15 1 per month 0.72  0.15  2.04 (1.33) 4.55 
JOYJourney Energy 0.06 1 per month 0.00 (0.16) 2.73 (4.20) 10.96 

Westport Fuel Additional Predictive Modules

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

The successful prediction of Westport Fuel 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 Westport Fuel Systems, 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 Westport Fuel based on analysis of Westport Fuel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Westport Fuel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Westport Fuel's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding118.43121.396.8992.05
PTB Ratio1.610.650.710.68

Story Coverage note for Westport Fuel

The number of cover stories for Westport Fuel depends on current market conditions and Westport Fuel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westport Fuel 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 Westport Fuel'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

Westport Fuel Short Properties

Westport Fuel's future price predictability will typically decrease when Westport Fuel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Westport Fuel Systems often depends not only on the future outlook of the potential Westport Fuel'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. Westport Fuel's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding17.2 M
Cash And Short Term Investments54.8 M
When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock:
Check out Westport Fuel Basic Forecasting Models to cross-verify your projections.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Please note, there is a significant difference between Westport Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel'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.