Performant Financial Stock Price Prediction
| PFMT Stock | USD 3.11 0.09 2.98% |
Oversold Vs Overbought
32
Oversold | Overbought |
EPS Estimate Next Quarter 0.01 | EPS Estimate Current Year (0.07) | EPS Estimate Next Year (0.01) | Wall Street Target Price 7 | EPS Estimate Current Quarter (0.03) |
Using Performant Financial hype-based prediction, you can estimate the value of Performant Financial from the perspective of Performant Financial 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 Performant Financial to buy its stock at a price that has no basis in reality. In that case, they are not buying Performant 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.
Performant Financial after-hype prediction price | USD 3.12 |
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.
Performant |
Performant Financial After-Hype Price Prediction Density Analysis
As far as predicting the price of Performant Financial 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 Performant Financial 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 Performant Financial, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Performant Financial Estimiated After-Hype Price Volatility
In the context of predicting Performant Financial's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Performant Financial's historical news coverage. Performant Financial's after-hype downside and upside margins for the prediction period are 0.16 and 6.31, respectively. We have considered Performant Financial'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
Performant Financial is moderately volatile at this time. Analysis and calculation of next after-hype price of Performant Financial is based on 3 months time horizon.
Performant Financial Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Performant Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Performant Financial 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 Performant Financial, 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 |
0.15 | 3.19 | 0.01 | 0.04 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.11 | 3.12 | 0.32 |
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Performant Financial Hype Timeline
Performant Financial is at this time traded for 3.11. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.04. Performant is expected to increase in value after the next headline, with the price projected to jump to 3.12 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.32%, whereas the daily expected return is at this time at -0.15%. The volatility of related hype on Performant Financial is about 1343.16%, with the expected price after the next announcement by competition of 3.07. The company reported the previous year's revenue of 113.74 M. Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 23.87 M. Given the investment horizon of 90 days the next expected press release will be in about 10 days. Check out Performant Financial Basic Forecasting Models to cross-verify your projections.Performant Financial Related Hype Analysis
Having access to credible news sources related to Performant Financial's direct competition is more important than ever and may enhance your ability to predict Performant Financial's future price movements. Getting to know how Performant Financial'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 Performant Financial may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NTIP | Network 1 Technologies | 0.00 | 3 per month | 0.00 | (0.08) | 3.88 | (4.37) | 32.25 | |
| RTO | Rentokil Initial PLC | 0.14 | 12 per month | 0.00 | (0.13) | 2.40 | (2.69) | 22.43 | |
| WHLM | Wilhelmina | (0.16) | 10 per month | 0.00 | (0.12) | 6.54 | (8.01) | 39.65 | |
| MADGF | Mader Group Limited | 0.00 | 0 per month | 0.00 | (0.11) | 0.30 | 0.00 | 16.41 | |
| FA | First Advantage Corp | (0.58) | 9 per month | 1.56 | (0.03) | 3.63 | (3.01) | 9.66 | |
| PFSW | PFSweb Inc | 0.01 | 4 per month | 2.81 | 0.03 | 5.84 | (5.09) | 17.10 | |
| DPUI | Discount Print USA | 0.00 | 0 per month | 12.60 | 0.06 | 33.33 | (25.00) | 125.00 | |
| CASS | Cass Information Systems | (2.11) | 9 per month | 1.57 | (0.02) | 2.92 | (2.97) | 9.44 | |
| CVEO | Civeo Corp | 0.65 | 8 per month | 0.00 | (0.18) | 2.22 | (3.21) | 11.82 | |
| MMS | Maximus | (0.14) | 10 per month | 0.00 | (0.28) | 1.76 | (2.50) | 10.19 | |
| CBZ | CBIZ Inc | 0.27 | 8 per month | 1.41 | 0.06 | 2.78 | (2.49) | 9.49 | |
| BV | BrightView Holdings | (0.93) | 8 per month | 2.66 | 0.01 | 3.55 | (2.88) | 19.91 |
Performant Financial Additional Predictive Modules
Most predictive techniques to examine Performant price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Performant using various technical indicators. When you analyze Performant 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 Performant Financial Predictive Indicators
The successful prediction of Performant Financial 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 Performant Financial, 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 Performant Financial based on analysis of Performant Financial hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Performant Financial's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Performant Financial's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 111.84 | 91.98 | 164.88 | 173.13 | Days Of Inventory On Hand | 6.4 | 0.25 | 0.29 | 0.28 |
Story Coverage note for Performant Financial
The number of cover stories for Performant Financial depends on current market conditions and Performant Financial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Performant Financial 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 Performant Financial'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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Performant Financial Short Properties
Performant Financial's future price predictability will typically decrease when Performant Financial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Performant Financial often depends not only on the future outlook of the potential Performant Financial'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. Performant Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 76.2 M | |
| Cash And Short Term Investments | 7.3 M |
Additional Tools for Performant Stock Analysis
When running Performant Financial's price analysis, check to measure Performant Financial'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 Performant Financial is operating at the current time. Most of Performant Financial's value examination focuses on studying past and present price action to predict the probability of Performant Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Financial's price. Additionally, you may evaluate how the addition of Performant Financial to your portfolios can decrease your overall portfolio volatility.