Encore Wire Price Prediction

WIREDelisted Stock  USD 289.84  0.00  0.00%   
The value of RSI of Encore Wire's the stock price is about 67. This entails that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Encore, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
The successful prediction of Encore Wire'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 Encore Wire and does not consider all of the tangible or intangible factors available from Encore Wire's fundamental data. We analyze noise-free headlines and recent hype associated with Encore Wire, which may create opportunities for some arbitrage if properly timed.
Using Encore Wire hype-based prediction, you can estimate the value of Encore Wire from the perspective of Encore Wire 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 Encore Wire to buy its stock at a price that has no basis in reality. In that case, they are not buying Encore 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.

Encore Wire after-hype prediction price

    
  USD 289.84  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Intrinsic
Valuation
LowRealHigh
239.96239.96318.82
Details
Naive
Forecast
LowNextHigh
290.33290.33290.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
289.75289.82289.89
Details

Encore Wire After-Hype Price Prediction Density Analysis

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

Encore Wire Estimiated After-Hype Price Volatility

In the context of predicting Encore Wire's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Encore Wire's historical news coverage. Encore Wire's after-hype downside and upside margins for the prediction period are 289.84 and 289.84, respectively. We have considered Encore Wire'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
289.84
289.84
Downside
289.84
After-hype Price
289.84
Upside
Encore Wire is very steady at this time. Analysis and calculation of next after-hype price of Encore Wire is based on 3 months time horizon.

Encore Wire Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Encore Wire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Encore Wire 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 Delisted 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 Encore Wire, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
6 Events / Month
7 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
289.84
289.84
0.00 
0.00  
Notes

Encore Wire Hype Timeline

Encore Wire is at this time traded for 289.84. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Encore is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Encore Wire is about 0.0%, with the expected price after the next announcement by competition of 289.84. About 93.0% of the company outstanding shares are owned by institutional investors. The book value of Encore Wire was at this time reported as 114.88. The company has Price/Earnings To Growth (PEG) ratio of 2.09. Encore Wire recorded earning per share (EPS) of 19.04. The entity last dividend was issued on the 5th of July 2024. The firm had 3:2 split on the 17th of August 2004. Given the investment horizon of 90 days the next projected press release will be in about 6 days.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Encore Wire Related Hype Analysis

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

Encore Wire Additional Predictive Modules

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

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

Story Coverage note for Encore Wire

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

Encore Wire Short Properties

Encore Wire's future price predictability will typically decrease when Encore Wire's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Encore Wire often depends not only on the future outlook of the potential Encore Wire'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. Encore Wire's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding17.2 M
Cash And Short Term Investments560.6 M
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Consideration for investing in Encore Stock

If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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