STERIS Plc Stock Forecast - Simple Exponential Smoothing
| STE Stock | USD 259.52 1.38 0.53% |
The Simple Exponential Smoothing forecasted value of STERIS plc on the next trading day is expected to be 259.52 with a mean absolute deviation of 2.50 and the sum of the absolute errors of 152.68. STERIS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast STERIS Plc stock prices and determine the direction of STERIS plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of STERIS Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of STERIS Plc's share price is below 20 . This usually implies 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 |
Quarterly Earnings Growth 0.286 | EPS Estimate Next Quarter 2.5275 | EPS Estimate Current Year 10.2056 | EPS Estimate Next Year 11.1344 | Wall Street Target Price 281.625 |
Using STERIS Plc hype-based prediction, you can estimate the value of STERIS plc from the perspective of STERIS Plc response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards STERIS Plc using STERIS Plc's stock options and short interest. It helps to benchmark the overall future attitude of investors towards STERIS using crowd psychology based on the activity and movement of STERIS Plc's stock price.
STERIS Plc Short Interest
A significant increase or decrease in STERIS Plc's short interest from the previous month could be a good indicator of investor sentiment towards STERIS. Short interest can provide insight into the potential direction of STERIS Plc stock and how bullish or bearish investors feel about the market overall.
200 Day MA 242.9235 | Short Percent 0.0161 | Short Ratio 2.39 | Shares Short Prior Month 1.2 M | 50 Day MA 259.1022 |
STERIS plc Hype to Price Pattern
Investor biases related to STERIS Plc's public news can be used to forecast risks associated with an investment in STERIS. The trend in average sentiment can be used to explain how an investor holding STERIS can time the market purely based on public headlines and social activities around STERIS plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
STERIS Plc Implied Volatility | 0.41 |
STERIS Plc's implied volatility exposes the market's sentiment of STERIS plc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if STERIS Plc'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 STERIS Plc stock will not fluctuate a lot when STERIS Plc's options are near their expiration.
The Simple Exponential Smoothing forecasted value of STERIS plc on the next trading day is expected to be 259.52 with a mean absolute deviation of 2.50 and the sum of the absolute errors of 152.68. STERIS Plc after-hype prediction price | USD 259.52 |
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 STERIS Plc to cross-verify your projections. Prediction based on Rule 16 of the current STERIS contract
Based on the Rule 16, the options market is currently suggesting that STERIS plc will have an average daily up or down price movement of about 0.0256% per day over the life of the 2026-03-20 option contract. With STERIS Plc trading at USD 259.52, that is roughly USD 0.0665 . If you think that the market is fully incorporating STERIS Plc's daily price movement you should consider acquiring STERIS plc options at the current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 STERIS Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast STERIS Plc'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 STERIS Plc's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for STERIS Plc 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 STERIS Plc's open interest, investors have to compare it to STERIS Plc'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 STERIS Plc 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 STERIS. 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.
STERIS Plc Additional Predictive Modules
Most predictive techniques to examine STERIS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for STERIS using various technical indicators. When you analyze STERIS 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 |
STERIS Plc Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of STERIS plc on the next trading day is expected to be 259.52 with a mean absolute deviation of 2.50, mean absolute percentage error of 14.22, and the sum of the absolute errors of 152.68.Please note that although there have been many attempts to predict STERIS 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 STERIS Plc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
STERIS Plc Stock Forecast Pattern
| Backtest STERIS Plc | STERIS Plc Price Prediction | Buy or Sell Advice |
STERIS Plc Forecasted Value
In the context of forecasting STERIS Plc'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. STERIS Plc's downside and upside margins for the forecasting period are 258.03 and 261.01, respectively. We have considered STERIS Plc'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of STERIS Plc stock data series using in forecasting. Note that when a statistical model is used to represent STERIS Plc 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 | 120.7649 |
| Bias | Arithmetic mean of the errors | -0.3148 |
| MAD | Mean absolute deviation | 2.503 |
| MAPE | Mean absolute percentage error | 0.0097 |
| SAE | Sum of the absolute errors | 152.68 |
Predictive Modules for STERIS Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STERIS plc. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of STERIS Plc'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.
STERIS Plc After-Hype Price Prediction Density Analysis
As far as predicting the price of STERIS Plc 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 STERIS Plc 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 STERIS Plc, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
STERIS Plc Estimiated After-Hype Price Volatility
In the context of predicting STERIS Plc's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on STERIS Plc's historical news coverage. STERIS Plc's after-hype downside and upside margins for the prediction period are 258.03 and 261.01, respectively. We have considered STERIS Plc'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
STERIS Plc is very steady at this time. Analysis and calculation of next after-hype price of STERIS plc is based on 3 months time horizon.
STERIS Plc Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as STERIS Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading STERIS Plc 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 STERIS Plc, 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 |
0.14 | 1.49 | 0.06 | 0.25 | 3 Events / Month | 5 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
259.52 | 259.52 | 0.00 |
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STERIS Plc Hype Timeline
On the 24th of January STERIS plc is traded for 259.52. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of -0.25. STERIS is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at 0.14%. %. The volatility of related hype on STERIS Plc is about 82.46%, with the expected price after the next announcement by competition of 259.27. About 98.0% of the company shares are owned by institutional investors. The book value of STERIS Plc was at this time reported as 71.45. The company has Price/Earnings To Growth (PEG) ratio of 1.78. STERIS plc recorded earning per share (EPS) of 6.96. The entity last dividend was issued on the 18th of November 2025. The firm had 2:1 split on the 25th of August 1998. Considering the 90-day investment horizon the next anticipated press release will be in about 3 days. Check out Historical Fundamental Analysis of STERIS Plc to cross-verify your projections.STERIS Plc Related Hype Analysis
Having access to credible news sources related to STERIS Plc's direct competition is more important than ever and may enhance your ability to predict STERIS Plc's future price movements. Getting to know how STERIS Plc'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 STERIS Plc may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DXCM | DexCom Inc | (0.46) | 12 per month | 3.33 | 0.02 | 3.31 | (2.87) | 16.56 | |
| PODD | Insulet | 0.00 | 0 per month | 0.00 | (0.15) | 3.24 | (3.62) | 13.53 | |
| ZBH | Zimmer Biomet Holdings | (0.46) | 3 per month | 0.00 | (0.13) | 2.92 | (2.20) | 18.45 | |
| PHG | Koninklijke Philips NV | (0.46) | 22 per month | 1.90 | (0.01) | 2.53 | (2.41) | 8.74 | |
| SNN | Smith Nephew SNATS | (2.83) | 23 per month | 0.00 | (0.09) | 2.40 | (1.94) | 14.66 | |
| WAT | Waters | (0.46) | 24 per month | 0.87 | 0.09 | 3.35 | (1.83) | 8.38 | |
| WST | West Pharmaceutical Services | (2.83) | 15 per month | 0.00 | (0.11) | 2.56 | (3.58) | 17.94 | |
| LH | Laboratory of | (0.46) | 11 per month | 0.00 | (0.09) | 2.71 | (2.34) | 7.53 | |
| BIIB | Biogen Inc | (7.12) | 10 per month | 1.62 | 0.1 | 3.11 | (2.55) | 9.61 | |
| DGX | Quest Diagnostics Incorporated | (2.99) | 12 per month | 0.00 | (0.1) | 2.68 | (2.28) | 6.29 |
Other Forecasting Options for STERIS Plc
For every potential investor in STERIS, whether a beginner or expert, STERIS Plc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. STERIS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in STERIS. Basic forecasting techniques help filter out the noise by identifying STERIS Plc's price trends.STERIS Plc 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 STERIS Plc stock to make a market-neutral strategy. Peer analysis of STERIS Plc could also be used in its relative valuation, which is a method of valuing STERIS Plc by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
STERIS Plc Market Strength Events
Market strength indicators help investors to evaluate how STERIS Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STERIS Plc shares will generate the highest return on investment. By undertsting and applying STERIS Plc stock market strength indicators, traders can identify STERIS plc entry and exit signals to maximize returns.
| Accumulation Distribution | 6133.85 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 258.7 | |||
| Day Typical Price | 258.97 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (1.38) |
STERIS Plc Risk Indicators
The analysis of STERIS Plc'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 STERIS Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting steris 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 | 0.9277 | |||
| Semi Deviation | 1.06 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.07 | |||
| Downside Variance | 1.48 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (1.07) |
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 STERIS Plc
The number of cover stories for STERIS Plc depends on current market conditions and STERIS Plc's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that STERIS Plc 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 STERIS Plc'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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STERIS Plc Short Properties
STERIS Plc's future price predictability will typically decrease when STERIS Plc's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of STERIS plc often depends not only on the future outlook of the potential STERIS Plc'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. STERIS Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.1 M | |
| Cash And Short Term Investments | 171.7 M |
Check out Historical Fundamental Analysis of STERIS Plc to cross-verify your projections. For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Health Care Equipment & Supplies 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 STERIS Plc. If investors know STERIS 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 STERIS Plc 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 0.286 | Dividend Share 2.34 | Earnings Share 6.96 | Revenue Per Share | Quarterly Revenue Growth 0.099 |
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc'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 STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc'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 STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc'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.