Innovative Eyewear Stock Price Prediction
| LUCY Stock | USD 6.67 0.16 2.46% |
Oversold Vs Overbought
45
Oversold | Overbought |
EPS Estimate Current Year (7.06) | EPS Estimate Next Year (2.71) | Wall Street Target Price 14 | Quarterly Revenue Growth 0.143 |
Using Innovative Eyewear hype-based prediction, you can estimate the value of Innovative Eyewear from the perspective of Innovative Eyewear 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 Innovative Eyewear to buy its stock at a price that has no basis in reality. In that case, they are not buying Innovative 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.
Innovative Eyewear after-hype prediction price | USD 6.99 |
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.
Innovative |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovative Eyewear's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innovative Eyewear After-Hype Price Prediction Density Analysis
As far as predicting the price of Innovative Eyewear 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 Innovative Eyewear 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 Innovative Eyewear, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Innovative Eyewear Estimiated After-Hype Price Volatility
In the context of predicting Innovative Eyewear's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Innovative Eyewear's historical news coverage. Innovative Eyewear's after-hype downside and upside margins for the prediction period are 0.35 and 16.09, respectively. We have considered Innovative Eyewear'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
Innovative Eyewear is very risky at this time. Analysis and calculation of next after-hype price of Innovative Eyewear is based on 3 months time horizon.
Innovative Eyewear Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Innovative Eyewear is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovative Eyewear 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 Innovative Eyewear, 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 |
1.01 | 9.10 | 0.32 | 0.30 | 9 Events / Month | 10 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.67 | 6.99 | 4.80 |
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Innovative Eyewear Hype Timeline
Innovative Eyewear is now traded for 6.67. The entity has historical hype elasticity of 0.32, and average elasticity to hype of competition of 0.3. Innovative is forecasted to increase in value after the next headline, with the price projected to jump to 6.99 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 4.8%, whereas the daily expected return is now at 1.01%. The volatility of related hype on Innovative Eyewear is about 3017.86%, with the expected price after the next announcement by competition of 6.97. Innovative Eyewear currently holds about 34.88 K in cash with (5.77 M) of positive cash flow from operations. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Innovative Eyewear Basic Forecasting Models to cross-verify your projections.Innovative Eyewear Related Hype Analysis
Having access to credible news sources related to Innovative Eyewear's direct competition is more important than ever and may enhance your ability to predict Innovative Eyewear's future price movements. Getting to know how Innovative Eyewear'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 Innovative Eyewear may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GMVD | G Medical Innovations | 0.01 | 1 per month | 0.00 | (0.15) | 5.26 | (9.09) | 36.17 | |
| STSS | Sharps Technology | 0.22 | 7 per month | 0.00 | (0.07) | 9.29 | (10.13) | 34.02 | |
| ZJYL | JIN MEDICAL INTERNATIONAL | (0.12) | 5 per month | 0.00 | (0.16) | 8.49 | (11.20) | 78.47 | |
| NXGL | Nexgel Inc | 0.05 | 6 per month | 3.30 | 0.03 | 8.02 | (5.63) | 28.75 | |
| GCTK | GlucoTrack | (0.06) | 6 per month | 0.00 | (0.21) | 10.40 | (13.89) | 90.86 | |
| AVGR | Avinger | 0.01 | 10 per month | 0.00 | (0.05) | 7.78 | (8.65) | 45.74 | |
| MBOT | Microbot Medical | (0.08) | 5 per month | 2.27 | (0.02) | 5.38 | (4.60) | 15.87 | |
| MHUA | Meihua International Medical | (0.20) | 4 per month | 0.00 | (0.07) | 14.89 | (13.11) | 45.51 | |
| POAI | Predictive Oncology | 0.07 | 4 per month | 0.00 | (0.03) | 9.09 | (8.64) | 30.14 | |
| PDEX | Pro Dex | 1.05 | 8 per month | 4.37 | 0.23 | 10.44 | (9.00) | 30.21 | |
| BNGO | Bionano Genomics | (0.05) | 8 per month | 0.00 | (0.17) | 9.09 | (7.14) | 24.71 | |
| ISRG | Intuitive Surgical | 3.04 | 10 per month | 1.03 | 0.03 | 2.03 | (1.89) | 12.08 | |
| STXS | Stereotaxis | (0.02) | 7 per month | 2.92 | 0.01 | 5.50 | (5.64) | 27.16 |
Innovative Eyewear Additional Predictive Modules
Most predictive techniques to examine Innovative price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Innovative using various technical indicators. When you analyze Innovative 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Innovative Eyewear Predictive Indicators
The successful prediction of Innovative Eyewear 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 Innovative Eyewear, 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 Innovative Eyewear based on analysis of Innovative Eyewear hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Innovative Eyewear's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Innovative Eyewear's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.25 | 2.6 | 2.19 | 1.9 | Days Of Inventory On Hand | 185.39 | 48.27 | 245.88 | 258.18 |
Story Coverage note for Innovative Eyewear
The number of cover stories for Innovative Eyewear depends on current market conditions and Innovative Eyewear's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Innovative Eyewear 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 Innovative Eyewear'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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Innovative Eyewear Short Properties
Innovative Eyewear's future price predictability will typically decrease when Innovative Eyewear's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Innovative Eyewear often depends not only on the future outlook of the potential Innovative Eyewear'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. Innovative Eyewear's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 525.8 K | |
| Cash And Short Term Investments | 4.3 M | |
| Shares Float | 734.7 K |
Additional Tools for Innovative Stock Analysis
When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear'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 Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.