Gildan Activewear Stock Price Prediction
| GIL Stock | USD 46.85 0.65 1.37% |
Oversold Vs Overbought
66
Oversold | Overbought |
Quarterly Earnings Growth (0.60) | EPS Estimate Next Quarter 1.18 | EPS Estimate Current Year 4.01 | EPS Estimate Next Year 4.55 | Wall Street Target Price 62.89 |
Using Gildan Activewear hype-based prediction, you can estimate the value of Gildan Activewear from the perspective of Gildan Activewear response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Gildan Activewear using Gildan Activewear's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Gildan using crowd psychology based on the activity and movement of Gildan Activewear's stock price.
Gildan Activewear Short Interest
An investor who is long Gildan Activewear may also wish to track short interest. As short interest increases, investors should be becoming more worried about Gildan Activewear and may potentially protect profits, hedge Gildan Activewear with its derivative instruments, or be ready for some potential downside.
200 Day MA 37.0965 | Short Percent 0.0222 | Short Ratio 4.17 | Shares Short Prior Month 3.6 M | 50 Day MA 42.7412 |
Gildan Activewear Hype to Price Pattern
Investor biases related to Gildan Activewear's public news can be used to forecast risks associated with an investment in Gildan. The trend in average sentiment can be used to explain how an investor holding Gildan can time the market purely based on public headlines and social activities around Gildan Activewear. 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 Gildan Activewear's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Gildan Activewear.
Gildan Activewear Implied Volatility | 21.0 |
Gildan Activewear's implied volatility exposes the market's sentiment of Gildan Activewear stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Gildan Activewear's 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 Gildan Activewear stock will not fluctuate a lot when Gildan Activewear's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Gildan Activewear to buy its stock at a price that has no basis in reality. In that case, they are not buying Gildan 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.
Gildan Activewear after-hype prediction price | USD 47.61 |
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.
Gildan |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gildan Activewear'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.
Gildan Activewear After-Hype Price Prediction Density Analysis
As far as predicting the price of Gildan Activewear 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 Gildan Activewear 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 Gildan Activewear, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gildan Activewear Estimiated After-Hype Price Volatility
In the context of predicting Gildan Activewear's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gildan Activewear's historical news coverage. Gildan Activewear's after-hype downside and upside margins for the prediction period are 46.51 and 48.71, respectively. We have considered Gildan Activewear'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
Gildan Activewear is very steady at this time. Analysis and calculation of next after-hype price of Gildan Activewear is based on 3 months time horizon.
Gildan Activewear Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Gildan Activewear is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gildan Activewear 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 Gildan Activewear, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.36 | 1.12 | 0.10 | 0.38 | 8 Events / Month | 6 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
46.85 | 47.61 | 0.23 |
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Gildan Activewear Hype Timeline
On the 27th of September Gildan Activewear is traded for 46.85. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.38. Gildan is forecasted to increase in value after the next headline, with the price projected to jump to 47.61 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.23%, whereas the daily expected return is currently at 0.36%. The volatility of related hype on Gildan Activewear is about 106.81%, with the expected price after the next announcement by competition of 47.23. The company reported the last year's revenue of 3.2 B. Total Income to common stockholders was 533.58 M with profit before taxes, overhead, and interest of 958.51 M. Considering the 90-day investment horizon the next forecasted press release will be in about 8 days. Check out Gildan Activewear Basic Forecasting Models to cross-verify your projections.Gildan Activewear Related Hype Analysis
Having access to credible news sources related to Gildan Activewear's direct competition is more important than ever and may enhance your ability to predict Gildan Activewear's future price movements. Getting to know how Gildan Activewear'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 Gildan Activewear may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VNCE | Vince Holding Corp | 0.04 | 7 per month | 4.86 | 0.09 | 8.82 | (9.94) | 35.35 | |
| ZGN | Ermenegildo Zegna NV | (0.08) | 6 per month | 0.00 | (0.14) | 4.07 | (4.13) | 17.83 | |
| COLM | Columbia Sportswear | (1.31) | 11 per month | 1.29 | (0.06) | 2.82 | (2.03) | 7.71 | |
| GIII | G III Apparel Group | (0.28) | 11 per month | 2.15 | 0.03 | 3.72 | (4.13) | 26.82 | |
| OXM | Oxford Industries | 8.44 | 7 per month | 0.00 | (0.17) | 2.36 | (3.48) | 9.08 | |
| KTB | Kontoor Brands | 1.66 | 10 per month | 1.36 | 0.10 | 3.28 | (2.49) | 8.02 | |
| PVH | PVH Corp | (1.13) | 8 per month | 0.00 | (0.15) | 3.03 | (3.22) | 10.43 |
Gildan Activewear Additional Predictive Modules
Most predictive techniques to examine Gildan price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gildan using various technical indicators. When you analyze Gildan 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.| Cycle Indicators | ||
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About Gildan Activewear Predictive Indicators
The successful prediction of Gildan Activewear 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 Gildan Activewear, 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 Gildan Activewear based on analysis of Gildan Activewear hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gildan Activewear's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gildan Activewear's related companies. | 2017 | 2018 | 2023 | 2024 (projected) | Dividend Yield | 0.0117 | 0.0236 | 0.0231 | 0.0242 | Price To Sales Ratio | 2.63 | 1.56 | 1.82 | 1.75 |
Story Coverage note for Gildan Activewear
The number of cover stories for Gildan Activewear depends on current market conditions and Gildan Activewear's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gildan Activewear 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 Gildan Activewear's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Gildan Activewear Short Properties
Gildan Activewear's future price predictability will typically decrease when Gildan Activewear's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gildan Activewear often depends not only on the future outlook of the potential Gildan Activewear'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. Gildan Activewear's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 176.2 M | |
| Cash And Short Term Investments | 89.6 M |
Additional Information and Resources on Investing in Gildan Stock
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear'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 Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:Check out Gildan Activewear Basic Forecasting Models to cross-verify your projections. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Apparel, Accessories & Luxury Goods 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 Gildan Activewear. If investors know Gildan 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 Gildan Activewear 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 (0.60) | Dividend Share 0.782 | Earnings Share 2.42 | Revenue Per Share 18.79 | Quarterly Revenue Growth 0.026 |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear'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 Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear'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 Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear'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.