Cactus Inc Stock Price Prediction
| WHD Stock | USD 61.48 1.46 2.32% |
Oversold Vs Overbought
54
Oversold | Overbought |
Quarterly Earnings Growth (0.07) | EPS Estimate Next Quarter 0.71 | EPS Estimate Current Year 3.0841 | EPS Estimate Next Year 3.3032 | Wall Street Target Price 62.125 |
Using Cactus hype-based prediction, you can estimate the value of Cactus Inc from the perspective of Cactus 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 Cactus to buy its stock at a price that has no basis in reality. In that case, they are not buying Cactus 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.
Cactus after-hype prediction price | USD 61.54 |
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.
Cactus |
Cactus After-Hype Price Prediction Density Analysis
As far as predicting the price of Cactus 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 Cactus 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 Cactus, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cactus Estimiated After-Hype Price Volatility
In the context of predicting Cactus' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cactus' historical news coverage. Cactus' after-hype downside and upside margins for the prediction period are 58.97 and 64.11, respectively. We have considered Cactus' 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
Cactus is very steady at this time. Analysis and calculation of next after-hype price of Cactus Inc is based on 3 months time horizon.
Cactus Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cactus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cactus 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 Cactus, 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 |
0.01 | 2.57 | 0.01 | 0.00 | 8 Events / Month | 10 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
61.48 | 61.54 | 0.10 |
|
Cactus Hype Timeline
On the 18th of December 2024 Cactus Inc is traded for 61.48. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Cactus is forecasted to increase in value after the next headline, with the price projected to jump to 61.54 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 0.1%, whereas the daily expected return is at this time at 0.01%. The volatility of related hype on Cactus is about 6818.37%, with the expected price after the next announcement by competition of 61.48. The company reported the last year's revenue of 1.1 B. Total Income to common stockholders was 169.17 M with profit before taxes, overhead, and interest of 242.45 M. Considering the 90-day investment horizon the next forecasted press release will be in about 8 days. Check out Cactus Basic Forecasting Models to cross-verify your projections.Cactus Related Hype Analysis
Having access to credible news sources related to Cactus' direct competition is more important than ever and may enhance your ability to predict Cactus' future price movements. Getting to know how Cactus' 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 Cactus may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CHX | ChampionX | (0.51) | 9 per month | 0.00 | (0.06) | 2.87 | (3.01) | 12.14 | |
| NEX | Nextier Oilfield Solutions | 0.29 | 3 per month | 2.99 | 0.14 | 6.33 | (4.55) | 17.50 | |
| DRQ | Dril Quip | 0.19 | 8 per month | 0.00 | (0.06) | 3.57 | (4.30) | 12.98 | |
| SOI | Solaris Oilfield Infrastructure | (0.26) | 10 per month | 2.11 | 0.10 | 4.44 | (4.19) | 43.08 | |
| XPRO | Expro Group Holdings | (0.11) | 5 per month | 0.00 | (0.22) | 4.03 | (4.86) | 20.57 | |
| RNGR | Ranger Energy Services | 0.00 | 10 per month | 1.72 | 0.15 | 3.56 | (2.34) | 11.52 | |
| MRC | MRC Global | (0.06) | 10 per month | 1.35 | 0.03 | 2.55 | (2.51) | 18.83 | |
| VTOL | Bristow Group | (0.64) | 9 per month | 0.00 | (0.03) | 3.25 | (2.86) | 12.48 | |
| RES | RPC Inc | (0.13) | 6 per month | 2.56 | (0.02) | 4.55 | (4.64) | 18.40 | |
| NOV | NOV Inc | 0.02 | 8 per month | 0.00 | (0.08) | 2.00 | (2.74) | 12.99 | |
| OII | Oceaneering International | 0.52 | 8 per month | 2.31 | 0.02 | 4.23 | (3.98) | 18.18 | |
| AROC | Archrock | (0.16) | 11 per month | 1.17 | 0.18 | 3.78 | (2.31) | 15.22 | |
| NR | Newpark Resources | 0.36 | 7 per month | 2.02 | 0.01 | 3.73 | (3.36) | 14.86 |
Cactus Additional Predictive Modules
Most predictive techniques to examine Cactus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cactus using various technical indicators. When you analyze Cactus 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 Cactus Predictive Indicators
The successful prediction of Cactus 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 Cactus Inc, 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 Cactus based on analysis of Cactus hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cactus's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cactus's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0146 | 0.012 | 0.0103 | 0.0118 | Price To Sales Ratio | 4.82 | 4.4 | 2.68 | 4.58 |
Story Coverage note for Cactus
The number of cover stories for Cactus depends on current market conditions and Cactus' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cactus 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 Cactus' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Cactus Short Properties
Cactus' future price predictability will typically decrease when Cactus' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cactus Inc often depends not only on the future outlook of the potential Cactus' 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. Cactus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.5 M | |
| Cash And Short Term Investments | 133.8 M |
Complementary Tools for Cactus Stock analysis
When running Cactus' price analysis, check to measure Cactus' 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 Cactus is operating at the current time. Most of Cactus' value examination focuses on studying past and present price action to predict the probability of Cactus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus' price. Additionally, you may evaluate how the addition of Cactus to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |