Angi Homeservices Stock Price Prediction

ANGI Stock  USD 2.05  0.04  1.99%   
As of 18th of April 2024, the relative strength index (RSI) of ANGI Homeservices' share price is approaching 35. This suggests 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 ANGI Homeservices, making its price go up or down.

Oversold Vs Overbought

35

 
Oversold
 
Overbought
ANGI Homeservices stock price prediction is an act of determining the future value of ANGI Homeservices shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of ANGI Homeservices' 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 ANGI Homeservices and does not consider all of the tangible or intangible factors available from ANGI Homeservices' fundamental data. We analyze noise-free headlines and recent hype associated with ANGI Homeservices, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting ANGI Homeservices' stock price prediction:
Quarterly Earnings Growth
(0.75)
EPS Estimate Next Quarter
(0.02)
EPS Estimate Next Year
0.06
Wall Street Target Price
4.42
Quarterly Revenue Growth
(0.32)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of ANGI Homeservices based on different types of headlines from major news networks to social media. The ANGI stock price prediction module provides an analysis of price elasticity to changes in media outlook on ANGI Homeservices over a specific investment horizon. Using ANGI Homeservices hype-based prediction, you can estimate the value of ANGI Homeservices from the perspective of ANGI Homeservices response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ANGI Homeservices using ANGI Homeservices' stock options and short interest. It helps to benchmark the overall future attitude of investors towards ANGI using crowd psychology based on the activity and movement of ANGI Homeservices' stock price.

ANGI Homeservices Short Interest

A significant increase or decrease in ANGI Homeservices' short interest from the previous month could be a good indicator of investor sentiment towards ANGI. Short interest can provide insight into the potential direction of ANGI Homeservices stock and how bullish or bearish investors feel about the market overall. An investor who is long ANGI Homeservices may also wish to track short interest. As short interest increases, investors should be becoming more worried about ANGI Homeservices and may potentially protect profits, hedge ANGI Homeservices with its derivative instruments, or be ready for some potential downside.
200 Day MA
2.4803
Short Percent
0.1453
Short Ratio
16.21
Shares Short Prior Month
9.4 M
50 Day MA
2.5832

ANGI Homeservices Hype to Price Pattern

Investor biases related to ANGI Homeservices' public news can be used to forecast risks associated with an investment in ANGI. The trend in average sentiment can be used to explain how an investor holding ANGI can time the market purely based on public headlines and social activities around ANGI Homeservices. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ANGI Homeservices' market sentiment to its price can help taders to make decisions based on the overall investors consensus about ANGI Homeservices.

ANGI Homeservices Implied Volatility

    
  0.0  
ANGI Homeservices' implied volatility exposes the market's sentiment of ANGI Homeservices stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ANGI Homeservices' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ANGI Homeservices stock will not fluctuate a lot when ANGI Homeservices' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in ANGI Homeservices. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in ANGI Homeservices to buy its stock at a price that has no basis in reality. In that case, they are not buying ANGI 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.

ANGI Homeservices after-hype prediction price

    
  USD 2.01  
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 ANGI Homeservices Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ANGI Homeservices' 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.
Intrinsic
Valuation
LowRealHigh
0.132.566.50
Details
9 Analysts
Consensus
LowTargetHigh
3.994.384.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ANGI Homeservices. Your research has to be compared to or analyzed against ANGI Homeservices' peers to derive any actionable benefits. When done correctly, ANGI Homeservices' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ANGI Homeservices.

ANGI Homeservices After-Hype Price Prediction Density Analysis

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

ANGI Homeservices Estimiated After-Hype Price Volatility

In the context of predicting ANGI Homeservices' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ANGI Homeservices' historical news coverage. ANGI Homeservices' after-hype downside and upside margins for the prediction period are 0.10 and 5.95, respectively. We have considered ANGI Homeservices' 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
2.05
2.01
After-hype Price
5.95
Upside
ANGI Homeservices is very risky at this time. Analysis and calculation of next after-hype price of ANGI Homeservices is based on 3 months time horizon.

ANGI Homeservices Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ANGI Homeservices is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ANGI Homeservices 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 ANGI Homeservices, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
3.91
 0.00  
 0.00  
9 Events / Month
1 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.05
2.01
0.00 
4,344  
Notes

ANGI Homeservices Hype Timeline

ANGI Homeservices is presently traded for 2.05. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ANGI is forecasted 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 forecasted to be very small, whereas the daily expected return is presently at -0.02%. %. The volatility of related hype on ANGI Homeservices is about 1861.9%, with the expected price after the next announcement by competition of 2.05. About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.04. Some equities with similar Price to Book (P/B) outperform the market in the long run. ANGI Homeservices recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out ANGI Homeservices Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.

ANGI Homeservices Related Hype Analysis

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

ANGI Homeservices Additional Predictive Modules

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

The successful prediction of ANGI Homeservices 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 ANGI Homeservices, 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 ANGI Homeservices based on analysis of ANGI Homeservices hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ANGI Homeservices's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ANGI Homeservices's related companies.
 2023 2024 (projected)
Dividend Yield0.002390.00227
Price To Sales Ratio0.930.88

Story Coverage note for ANGI Homeservices

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

ANGI Homeservices Short Properties

ANGI Homeservices' future price predictability will typically decrease when ANGI Homeservices' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ANGI Homeservices often depends not only on the future outlook of the potential ANGI Homeservices' 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. ANGI Homeservices' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding505.9 M
Cash And Short Term Investments364 M
When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:
Check out ANGI Homeservices Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
Note that the ANGI Homeservices information on this page should be used as a complementary analysis to other ANGI Homeservices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is ANGI Homeservices' industry 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Earnings Share
(0.06)
Revenue Per Share
2.686
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.01)
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.