Fonar Stock Price Prediction

FONR Stock  USD 16.47  0.08  0.49%   
As of today, The relative strength index (RSI) of Fonar's share price is at 50. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Fonar, making its price go up or down.

Oversold Vs Overbought

50

 
Oversold
 
Overbought
The successful prediction of Fonar's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Fonar and does not consider all of the tangible or intangible factors available from Fonar's fundamental data. We analyze noise-free headlines and recent hype associated with Fonar, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Fonar's stock price prediction:
Quarterly Earnings Growth
(0.31)
Quarterly Revenue Growth
0.006
Using Fonar hype-based prediction, you can estimate the value of Fonar from the perspective of Fonar 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 Fonar to buy its stock at a price that has no basis in reality. In that case, they are not buying Fonar 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.

Fonar after-hype prediction price

    
  USD 16.47  
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 Fonar Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.
Intrinsic
Valuation
LowRealHigh
13.9916.3118.63
Details
Naive
Forecast
LowNextHigh
14.8417.1519.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.2915.8217.34
Details

Fonar After-Hype Price Prediction Density Analysis

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

Fonar Estimiated After-Hype Price Volatility

In the context of predicting Fonar's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fonar's historical news coverage. Fonar's after-hype downside and upside margins for the prediction period are 14.15 and 18.79, respectively. We have considered Fonar'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
16.47
16.47
After-hype Price
18.79
Upside
Fonar is not too volatile at this time. Analysis and calculation of next after-hype price of Fonar is based on 3 months time horizon.

Fonar Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Fonar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fonar 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 Fonar, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
2.32
 0.00  
 0.00  
6 Events / Month
6 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.47
16.47
0.00 
1,657  
Notes

Fonar Hype Timeline

Fonar is currently traded for 16.47. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fonar is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.01%. %. The volatility of related hype on Fonar is about 4400.0%, with the expected price after the next announcement by competition of 16.47. About 50.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fonar last dividend was issued on the 18th of March 1999. The entity had 1:25 split on the 17th of April 2007. Given the investment horizon of 90 days the next estimated press release will be in about 6 days.
Check out Fonar Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.

Fonar Related Hype Analysis

Having access to credible news sources related to Fonar's direct competition is more important than ever and may enhance your ability to predict Fonar's future price movements. Getting to know how Fonar'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 Fonar 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
BNRBurning Rock Biotech 0.35 3 per month 7.80  0.05  16.01 (7.67) 46.14 
SERASera Prognostics 1.07 9 per month 4.58 (0) 9.55 (7.60) 27.67 
OLKOlink Holding AB 0.01 10 per month 0.48  0.04  1.58 (1.37) 4.37 
LMDXLumiraDx 0.06 1 per month 0.00 (0.14) 11.54 (10.71) 34.05 
GTHGenetron Holdings(0.02)1 per month 2.49 (0.04) 3.45 (4.08) 14.43 
XGNExagen Inc(0.07)8 per month 3.40  0.09  9.62 (6.46) 25.65 
CSTLCastle Biosciences(0.87)11 per month 2.71 (0.0006) 4.85 (4.38) 19.49 
SHCSotera Health Co 0.13 8 per month 0.00 (0.13) 3.74 (3.99) 13.40 
BDSXBiodesix 0.01 8 per month 0.00 (0.1) 5.95 (5.61) 29.48 
STIMNeuronetics(0.08)7 per month 7.44  0.05  8.99 (9.24) 59.07 
ENZEnzo Biochem(0.01)6 per month 1.31 (0.05) 2.97 (1.94) 7.62 

Fonar Additional Predictive Modules

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

The successful prediction of Fonar 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 Fonar, 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 Fonar based on analysis of Fonar hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fonar's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fonar's related companies.
 2023 2024 (projected)
Dividend Yield0.0028370.002696
Price To Sales Ratio1.061.01

Story Coverage note for Fonar

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

Fonar Short Properties

Fonar's future price predictability will typically decrease when Fonar's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fonar often depends not only on the future outlook of the potential Fonar'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. Fonar's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding6.5 M
Cash And Short Term Investments56.5 M

Additional Tools for Fonar Stock Analysis

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