Orthofix Medical Stock Forecast - Polynomial Regression
| OFIX Stock | USD 13.36 0.47 3.40% |
The Polynomial Regression forecasted value of Orthofix Medical on the next trading day is expected to be 13.16 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.13. Orthofix Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Orthofix Medical's share price is below 20 . This indicates 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. Momentum 0
Sell Peaked
Oversold | Overbought |
EPS Estimate Next Quarter 0.38 | EPS Estimate Current Year 0.69 | EPS Estimate Next Year 0.42 | Wall Street Target Price 22.8 | EPS Estimate Current Quarter 0.12 |
Using Orthofix Medical hype-based prediction, you can estimate the value of Orthofix Medical from the perspective of Orthofix Medical response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Orthofix Medical using Orthofix Medical's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Orthofix using crowd psychology based on the activity and movement of Orthofix Medical's stock price.
Orthofix Medical Implied Volatility | 1.93 |
Orthofix Medical's implied volatility exposes the market's sentiment of Orthofix Medical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Orthofix Medical'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 Orthofix Medical stock will not fluctuate a lot when Orthofix Medical's options are near their expiration.
The Polynomial Regression forecasted value of Orthofix Medical on the next trading day is expected to be 13.16 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.13. Orthofix Medical after-hype prediction price | USD 13.35 |
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 Historical Fundamental Analysis of Orthofix Medical to cross-verify your projections. Prediction based on Rule 16 of the current Orthofix contract
Based on the Rule 16, the options market is currently suggesting that Orthofix Medical will have an average daily up or down price movement of about 0.12% per day over the life of the 2026-03-20 option contract. With Orthofix Medical trading at USD 13.36, that is roughly USD 0.0161 . If you think that the market is fully incorporating Orthofix Medical's daily price movement you should consider acquiring Orthofix Medical options at the current volatility level of 1.93%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Orthofix Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Orthofix Medical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Orthofix Medical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Orthofix Medical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Orthofix Medical's open interest, investors have to compare it to Orthofix Medical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Orthofix Medical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Orthofix. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Orthofix Medical Additional Predictive Modules
Most predictive techniques to examine Orthofix price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Orthofix using various technical indicators. When you analyze Orthofix 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Orthofix Medical Polynomial Regression Price Forecast For the 24th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Orthofix Medical on the next trading day is expected to be 13.16 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.19, and the sum of the absolute errors of 21.13.Please note that although there have been many attempts to predict Orthofix Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Orthofix Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Orthofix Medical Stock Forecast Pattern
| Backtest Orthofix Medical | Orthofix Medical Price Prediction | Buy or Sell Advice |
Orthofix Medical Forecasted Value
In the context of forecasting Orthofix Medical's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Orthofix Medical's downside and upside margins for the forecasting period are 10.91 and 15.41, respectively. We have considered Orthofix Medical's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Orthofix Medical stock data series using in forecasting. Note that when a statistical model is used to represent Orthofix Medical stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.4453 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3463 |
| MAPE | Mean absolute percentage error | 0.0226 |
| SAE | Sum of the absolute errors | 21.1264 |
Predictive Modules for Orthofix Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orthofix Medical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Orthofix Medical After-Hype Price Prediction Density Analysis
As far as predicting the price of Orthofix Medical 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 Orthofix Medical 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 Orthofix Medical, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Orthofix Medical Estimiated After-Hype Price Volatility
In the context of predicting Orthofix Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Orthofix Medical's historical news coverage. Orthofix Medical's after-hype downside and upside margins for the prediction period are 11.10 and 15.60, respectively. We have considered Orthofix Medical'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
Orthofix Medical is not too volatile at this time. Analysis and calculation of next after-hype price of Orthofix Medical is based on 3 months time horizon.
Orthofix Medical Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Orthofix Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Orthofix Medical 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 Orthofix Medical, 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 |
0.23 | 2.25 | 0.01 | 0.01 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
13.36 | 13.35 | 0.07 |
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Orthofix Medical Hype Timeline
Orthofix Medical is now traded for 13.36. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.01. Orthofix is forecasted to decline in value after the next headline, with the price expected to drop to 13.35. 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 -0.07%, whereas the daily expected return is now at -0.23%. The volatility of related hype on Orthofix Medical is about 4687.5%, with the expected price after the next announcement by competition of 13.35. About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.24. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Orthofix Medical has Price/Earnings (P/E) ratio of 338.0. The entity recorded a loss per share of 3.03. The firm 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 Historical Fundamental Analysis of Orthofix Medical to cross-verify your projections.Orthofix Medical Related Hype Analysis
Having access to credible news sources related to Orthofix Medical's direct competition is more important than ever and may enhance your ability to predict Orthofix Medical's future price movements. Getting to know how Orthofix Medical'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 Orthofix Medical may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PACB | Pacific Biosciences of | (0.11) | 10 per month | 4.52 | 0.13 | 12.61 | (7.29) | 31.45 | |
| SIBN | Si Bone | 0.11 | 10 per month | 2.65 | 0.05 | 4.90 | (3.36) | 28.77 | |
| VREX | Varex Imaging Corp | 0.05 | 13 per month | 2.98 | 0.1 | 4.43 | (2.67) | 18.19 | |
| BFLY | Butterfly Network | 0.00 | 10 per month | 4.74 | 0.18 | 14.22 | (9.14) | 42.22 | |
| AVNS | Avanos Medical | 0.20 | 10 per month | 1.75 | 0.06 | 4.68 | (3.06) | 9.85 | |
| ABSI | Absci Corp | (0.08) | 9 per month | 0.00 | (0.12) | 8.58 | (6.98) | 28.53 | |
| DRIO | DarioHealth Corp | 0.50 | 9 per month | 6.36 | (0) | 18.25 | (10.12) | 38.37 | |
| MLTX | MoonLake Immunotherapeutics | (1.39) | 9 per month | 3.60 | 0.14 | 8.68 | (6.36) | 35.03 | |
| LAB | Standard Biotools | 0.00 | 14 per month | 3.59 | 0.08 | 7.81 | (6.30) | 23.52 | |
| ESPR | Esperion Therapeutics | 0.24 | 9 per month | 4.24 | 0.04 | 7.05 | (7.04) | 24.91 |
Other Forecasting Options for Orthofix Medical
For every potential investor in Orthofix, whether a beginner or expert, Orthofix Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Orthofix Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Orthofix. Basic forecasting techniques help filter out the noise by identifying Orthofix Medical's price trends.Orthofix Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orthofix Medical stock to make a market-neutral strategy. Peer analysis of Orthofix Medical could also be used in its relative valuation, which is a method of valuing Orthofix Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Orthofix Medical Market Strength Events
Market strength indicators help investors to evaluate how Orthofix Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orthofix Medical shares will generate the highest return on investment. By undertsting and applying Orthofix Medical stock market strength indicators, traders can identify Orthofix Medical entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 13.36 | |||
| Day Typical Price | 13.36 | |||
| Price Action Indicator | (0.24) | |||
| Period Momentum Indicator | (0.47) |
Orthofix Medical Risk Indicators
The analysis of Orthofix Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Orthofix Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting orthofix stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.65 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.07 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Orthofix Medical
The number of cover stories for Orthofix Medical depends on current market conditions and Orthofix Medical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Orthofix Medical 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 Orthofix Medical'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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Orthofix Medical Short Properties
Orthofix Medical's future price predictability will typically decrease when Orthofix Medical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Orthofix Medical often depends not only on the future outlook of the potential Orthofix Medical'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. Orthofix Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.1 M | |
| Cash And Short Term Investments | 83.2 M |
Additional Tools for Orthofix Stock Analysis
When running Orthofix Medical's price analysis, check to measure Orthofix Medical'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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.