Presto Automation Stock Price Prediction

PRST Stock  USD 0.12  0.02  14.29%   
At this time, the relative strength index (RSI) of Presto Automation's share price is approaching 37 indicating 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 Presto Automation, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
Presto Automation stock price prediction is an act of determining the future value of Presto Automation shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Presto Automation'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 Presto Automation and does not consider all of the tangible or intangible factors available from Presto Automation's fundamental data. We analyze noise-free headlines and recent hype associated with Presto Automation, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Presto Automation's stock price prediction:
Quarterly Earnings Growth
(0.91)
EPS Estimate Next Quarter
(0.12)
EPS Estimate Current Year
(0.36)
EPS Estimate Next Year
(0.28)
Wall Street Target Price
0.44
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 Presto Automation based on different types of headlines from major news networks to social media. The Presto stock price prediction module provides an analysis of price elasticity to changes in media outlook on Presto Automation over a specific investment horizon. Using Presto Automation hype-based prediction, you can estimate the value of Presto Automation from the perspective of Presto Automation response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Presto Automation. 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 Presto Automation to buy its stock at a price that has no basis in reality. In that case, they are not buying Presto 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.

Presto Automation after-hype prediction price

    
  USD 0.14  
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 Presto Automation Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Presto Stock please use our How to Invest in Presto Automation guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Presto Automation'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.
Intrinsic
Valuation
LowRealHigh
0.010.1311.85
Details
Naive
Forecast
LowNextHigh
00.1311.86
Details
3 Analysts
Consensus
LowTargetHigh
1.371.501.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.09-0.09-0.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Presto Automation. Your research has to be compared to or analyzed against Presto Automation's peers to derive any actionable benefits. When done correctly, Presto Automation's 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 Presto Automation.

Presto Automation After-Hype Price Prediction Density Analysis

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

Presto Automation Estimiated After-Hype Price Volatility

In the context of predicting Presto Automation's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Presto Automation's historical news coverage. Presto Automation's after-hype downside and upside margins for the prediction period are 0.01 and 11.86, respectively. We have considered Presto Automation'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
0.12
0.14
After-hype Price
11.86
Upside
Presto Automation is out of control at this time. Analysis and calculation of next after-hype price of Presto Automation is based on 3 months time horizon.

Presto Automation Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Presto Automation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Presto Automation 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 Presto Automation, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.84 
11.72
 0.00  
  0.20 
7 Events / Month
1 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.12
0.14
0.00 
0.00  
Notes

Presto Automation Hype Timeline

Presto Automation is at this time traded for 0.12. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.2. Presto 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 -0.84%. %. The volatility of related hype on Presto Automation is about 4883.33%, with the expected price after the next announcement by competition of -0.08. About 20.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.39. Presto Automation had not issued any dividends in recent years. The entity had 2:1 split on the July 8, 1997. Given the investment horizon of 90 days the next projected press release will be in about 7 days.
Check out Presto Automation Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Presto Stock please use our How to Invest in Presto Automation guide.

Presto Automation Related Hype Analysis

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

Presto Automation Additional Predictive Modules

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

The successful prediction of Presto Automation 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 Presto Automation, 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 Presto Automation based on analysis of Presto Automation hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Presto Automation's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Presto Automation's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover5.027.777.03.97
Days Of Inventory On Hand10.678.9610.319.79

Story Coverage note for Presto Automation

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

Presto Automation Short Properties

Presto Automation's future price predictability will typically decrease when Presto Automation's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Presto Automation often depends not only on the future outlook of the potential Presto Automation'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. Presto Automation's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding46.5 M
Cash And Short Term Investments15.1 M
When determining whether Presto Automation is a strong investment it is important to analyze Presto Automation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Presto Automation's future performance. For an informed investment choice regarding Presto Stock, refer to the following important reports:
Check out Presto Automation Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Presto Stock please use our How to Invest in Presto Automation guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Presto Stock analysis

When running Presto Automation's price analysis, check to measure Presto Automation'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 Presto Automation is operating at the current time. Most of Presto Automation's value examination focuses on studying past and present price action to predict the probability of Presto Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presto Automation's price. Additionally, you may evaluate how the addition of Presto Automation to your portfolios can decrease your overall portfolio volatility.
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Is Presto Automation's 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 Presto Automation. If investors know Presto 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 Presto Automation 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
(0.91)
Earnings Share
(1.39)
Revenue Per Share
0.295
Quarterly Revenue Growth
(0.33)
Return On Assets
(1.04)
The market value of Presto Automation is measured differently than its book value, which is the value of Presto that is recorded on the company's balance sheet. Investors also form their own opinion of Presto Automation's value that differs from its market value or its book value, called intrinsic value, which is Presto Automation's 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 Presto Automation's market value can be influenced by many factors that don't directly affect Presto Automation's 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 Presto Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Presto Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Presto Automation's 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.