Mekonomen (Sweden) Price Prediction

MEKO Stock  SEK 133.20  1.20  0.91%   
At this time, the value of RSI of Mekonomen's share price is approaching 35. This indicates 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 Mekonomen, making its price go up or down.

Oversold Vs Overbought

35

 
Oversold
 
Overbought
The successful prediction of Mekonomen's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Mekonomen AB, which may create opportunities for some arbitrage if properly timed.
Using Mekonomen hype-based prediction, you can estimate the value of Mekonomen AB from the perspective of Mekonomen 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 Mekonomen to buy its stock at a price that has no basis in reality. In that case, they are not buying Mekonomen 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.

Mekonomen after-hype prediction price

    
  SEK 133.2  
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 Mekonomen Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
110.95112.61146.52
Details
Naive
Forecast
LowNextHigh
135.65137.31138.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
125.83130.60135.37
Details

Mekonomen After-Hype Price Prediction Density Analysis

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

Mekonomen Estimiated After-Hype Price Volatility

In the context of predicting Mekonomen's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mekonomen's historical news coverage. Mekonomen's after-hype downside and upside margins for the prediction period are 131.54 and 134.86, respectively. We have considered Mekonomen'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
133.20
131.54
Downside
133.20
After-hype Price
134.86
Upside
Mekonomen is very steady at this time. Analysis and calculation of next after-hype price of Mekonomen AB is based on 3 months time horizon.

Mekonomen Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Mekonomen is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mekonomen 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 Mekonomen, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
1.66
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
133.20
133.20
0.00 
0.00  
Notes

Mekonomen Hype Timeline

Mekonomen AB is now traded for 133.20on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Mekonomen is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.03%. %. The volatility of related hype on Mekonomen is about 0.0%, with the expected price after the next announcement by competition of 133.20. About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mekonomen AB has Price/Earnings To Growth (PEG) ratio of 1.98. The entity recorded earning per share (EPS) of 8.16. The firm last dividend was issued on the 23rd of May 2022. Mekonomen had 2:1 split on the 2nd of June 2005. Assuming the 90 days trading horizon the next anticipated press release will be uncertain.
Check out Mekonomen Basic Forecasting Models to cross-verify your projections.

Mekonomen Related Hype Analysis

Having access to credible news sources related to Mekonomen's direct competition is more important than ever and may enhance your ability to predict Mekonomen's future price movements. Getting to know how Mekonomen'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 Mekonomen may potentially react to the hype associated with one of its peers.

Mekonomen Additional Predictive Modules

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

The successful prediction of Mekonomen 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 Mekonomen AB, 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 Mekonomen based on analysis of Mekonomen hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Mekonomen's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Mekonomen's related companies.

Story Coverage note for Mekonomen

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

Mekonomen Short Properties

Mekonomen's future price predictability will typically decrease when Mekonomen's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mekonomen AB often depends not only on the future outlook of the potential Mekonomen'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. Mekonomen's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding56 M
Cash And Short Term Investments892 M

Additional Tools for Mekonomen Stock Analysis

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