STERIS Plc Stock Forward View - Simple Regression
| STE Stock | USD 261.64 0.78 0.30% |
STERIS Stock outlook 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 value of RSI of STERIS Plc's share price is at 56. This usually implies that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling STERIS Plc, making its price go up or down. Momentum 56
Buy Extended
Oversold | Overbought |
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.
The Simple Regression forecasted value of STERIS plc on the next trading day is expected to be 261.37 with a mean absolute deviation of 4.87 and the sum of the absolute errors of 297.09. STERIS Plc after-hype prediction price | USD 261.64 |
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. 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 Regression Price Forecast For the 30th of January
Given 90 days horizon, the Simple Regression forecasted value of STERIS plc on the next trading day is expected to be 261.37 with a mean absolute deviation of 4.87, mean absolute percentage error of 42.20, and the sum of the absolute errors of 297.09.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 259.88 and 262.85, 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 Regression 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 | 121.853 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.8703 |
| MAPE | Mean absolute percentage error | 0.0191 |
| SAE | Sum of the absolute errors | 297.0899 |
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 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 260.16 and 263.12, 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 Outlook 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 |
0.19 | 1.48 | 0.00 | 0.00 | 0 Events / Month | 2 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
261.64 | 261.64 | 0.00 |
|
STERIS Plc Hype Timeline
On the 29th of January STERIS plc is traded for 261.64. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. 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 insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.19%. %. The volatility of related hype on STERIS Plc is about 12333.33%, with the expected price after the next announcement by competition of 261.64. 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 1.8. STERIS plc recorded earning per share (EPS) of 6.97. 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 within a week. 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 | 0.00 | 0 per month | 1.50 | 0.18 | 3.31 | (2.78) | 9.00 | |
| PODD | Insulet | 0.00 | 0 per month | 0.00 | (0.16) | 3.24 | (3.62) | 13.53 | |
| ZBH | Zimmer Biomet Holdings | 0.00 | 0 per month | 0.00 | (0.12) | 2.92 | (2.20) | 18.45 | |
| PHG | Koninklijke Philips NV | 0.24 | 9 per month | 1.97 | (0.02) | 2.53 | (2.41) | 8.74 | |
| SNN | Smith Nephew SNATS | (0.12) | 9 per month | 0.00 | (0.08) | 2.40 | (1.94) | 14.66 | |
| WAT | Waters | 0.00 | 0 per month | 0.97 | 0.04 | 3.35 | (1.83) | 8.38 | |
| WST | West Pharmaceutical Services | 0.00 | 0 per month | 0.00 | (0.18) | 2.50 | (3.58) | 12.18 | |
| LH | Laboratory of | 0.00 | 0 per month | 1.04 | 0.04 | 2.71 | (1.98) | 5.89 | |
| BIIB | Biogen Inc | 0.00 | 0 per month | 1.73 | 0.09 | 2.91 | (2.55) | 9.61 | |
| DGX | Quest Diagnostics Incorporated | 0.00 | 0 per month | 1.07 | 0.01 | 2.68 | (1.85) | 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.
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 | 0.9919 | |||
| Semi Deviation | 1.06 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.2 | |||
| Downside Variance | 1.58 | |||
| Semi Variance | 1.12 | |||
| Expected Short fall | (1.15) |
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.
Contributor Headline
Latest Perspective From Macroaxis
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Will Stock sector continue expanding? Could STERIS diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every STERIS Plc data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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. Meanwhile, STERIS Plc's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.