T2 Biosystms Stock Price Prediction

TTOO Stock  USD 0.57  0.07  14.00%   
As of today the rsi of T2 Biosystms' share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

15

 
Oversold
 
Overbought
The successful prediction of T2 Biosystms' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with T2 Biosystms, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting T2 Biosystms' stock price prediction:
Wall Street Target Price
5
Quarterly Revenue Growth
(0.01)
Using T2 Biosystms hype-based prediction, you can estimate the value of T2 Biosystms from the perspective of T2 Biosystms 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 T2 Biosystms to buy its stock at a price that has no basis in reality. In that case, they are not buying TTOO 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.

T2 Biosystms after-hype prediction price

    
  USD 0.5  
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 T2 Biosystms Basic Forecasting Models to cross-verify your projections.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.
Intrinsic
Valuation
LowRealHigh
0.132.598.89
Details
Naive
Forecast
LowNextHigh
0.010.646.94
Details
1 Analysts
Consensus
LowTargetHigh
7.908.689.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

T2 Biosystms After-Hype Price Prediction Density Analysis

As far as predicting the price of T2 Biosystms 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 T2 Biosystms 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 T2 Biosystms, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

T2 Biosystms Estimiated After-Hype Price Volatility

In the context of predicting T2 Biosystms' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on T2 Biosystms' historical news coverage. T2 Biosystms' after-hype downside and upside margins for the prediction period are 0.03 and 6.80, respectively. We have considered T2 Biosystms' 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
0.57
0.50
After-hype Price
6.80
Upside
T2 Biosystms is dangerous at this time. Analysis and calculation of next after-hype price of T2 Biosystms is based on 3 months time horizon.

T2 Biosystms Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as T2 Biosystms is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading T2 Biosystms 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 T2 Biosystms, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.36 
6.30
  0.07 
  1.02 
7 Events / Month
8 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.57
0.50
12.28 
21,000  
Notes

T2 Biosystms Hype Timeline

T2 Biosystms is at this time traded for 0.57. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 1.02. TTOO is estimated to decline in value after the next headline, with the price expected to drop to 0.5. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -12.28%, whereas the daily expected return is at this time at -2.36%. The volatility of related hype on T2 Biosystms is about 1457.3%, with the expected price after the next announcement by competition of 1.59. About 74.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.03. T2 Biosystms had not issued any dividends in recent years. The entity had 1:100 split on the 13th of October 2023. Given the investment horizon of 90 days the next estimated press release will be in about 7 days.
Check out T2 Biosystms Basic Forecasting Models to cross-verify your projections.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.

T2 Biosystms Related Hype Analysis

Having access to credible news sources related to T2 Biosystms' direct competition is more important than ever and may enhance your ability to predict T2 Biosystms' future price movements. Getting to know how T2 Biosystms' 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 T2 Biosystms 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
BIOCBiocept(0.10)3 per month 0.00 (0.29) 9.24 (15.27) 66.54 
GENEGenetic Technologies 0.02 4 per month 0.00 (0.24) 2.63 (3.53) 8.88 
HTGMHTG Molecular Diagnostics(0.06)7 per month 0.00 (0.13) 25.00 (20.00) 65.45 
INBSIntelligent Bio Solutions(0.07)10 per month 6.12  0.06  13.16 (10.59) 40.29 
IDXGInterpace Biosciences 0.00 0 per month 9.49  0.12  18.81 (16.19) 194.90 
BIAFbioAffinity Technologies, 0.19 7 per month 0.00 (0.04) 10.10 (7.33) 61.86 
SQLSeqLL Inc 0.01 1 per month 4.49 (0) 12.50 (10.64) 50.87 
TMOThermo Fisher Scientific 1.98 9 per month 0.00 (0.29) 1.66 (1.98) 7.00 
ILMNIllumina 4.69 10 per month 1.96  0.01  3.90 (2.69) 12.84 
DHRDanaher 3.60 11 per month 0.00 (0.22) 1.47 (2.30) 7.35 
WATWaters(6.86)8 per month 1.31  0.03  3.00 (2.31) 24.69 
IDXXIDEXX Laboratories 2.81 10 per month 0.00 (0.18) 2.26 (2.56) 13.04 
ISPCiSpecimen(0.59)6 per month 0.00 (0.03) 15.80 (10.25) 64.03 

T2 Biosystms Additional Predictive Modules

Most predictive techniques to examine TTOO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TTOO using various technical indicators. When you analyze TTOO 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 T2 Biosystms Predictive Indicators

The successful prediction of T2 Biosystms 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 T2 Biosystms, 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 T2 Biosystms based on analysis of T2 Biosystms hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to T2 Biosystms's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to T2 Biosystms's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover7.3116.3110.0614.63
Days Of Inventory On Hand68.9275.09114.49120.22

Story Coverage note for T2 Biosystms

The number of cover stories for T2 Biosystms depends on current market conditions and T2 Biosystms' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that T2 Biosystms 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 T2 Biosystms' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

T2 Biosystms Short Properties

T2 Biosystms' future price predictability will typically decrease when T2 Biosystms' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of T2 Biosystms often depends not only on the future outlook of the potential T2 Biosystms' 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. T2 Biosystms' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.6 M
Cash And Short Term Investments15.7 M
When determining whether T2 Biosystms offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T2 Biosystms' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of T2 Biosystms Stock. Outlined below are crucial reports that will aid in making a well-informed decision on T2 Biosystms Stock:
Check out T2 Biosystms Basic Forecasting Models to cross-verify your projections.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T2 Biosystms. If investors know TTOO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T2 Biosystms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Revenue Per Share
0.999
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.90)
Return On Equity
(6.22)
The market value of T2 Biosystms is measured differently than its book value, which is the value of TTOO that is recorded on the company's balance sheet. Investors also form their own opinion of T2 Biosystms' value that differs from its market value or its book value, called intrinsic value, which is T2 Biosystms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T2 Biosystms' market value can be influenced by many factors that don't directly affect T2 Biosystms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T2 Biosystms' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Biosystms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Biosystms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.