Resources Connection Stock Price Prediction
| RGP Stock | USD 11.05 0.04 0.36% |
Oversold Vs Overbought
38
Oversold | Overbought |
Resources Connection stock price prediction is an act of determining the future value of Resources Connection shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Resources Connection'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 Resources Connection and does not consider all of the tangible or intangible factors available from Resources Connection's fundamental data. We analyze noise-free headlines and recent hype associated with Resources Connection, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Resources Connection's stock price prediction:Quarterly Earnings Growth (0.64) | EPS Estimate Current Year 0.72 | EPS Estimate Next Year 0.99 | Wall Street Target Price 16 | EPS Estimate Current Quarter 0.05 |
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 Resources Connection based on different types of headlines from major news networks to social media. The Resources stock price prediction module provides an analysis of price elasticity to changes in media outlook on Resources Connection over a specific investment horizon. Using Resources Connection hype-based prediction, you can estimate the value of Resources Connection from the perspective of Resources Connection response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Resources Connection using Resources Connection's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Resources using crowd psychology based on the activity and movement of Resources Connection's stock price.
Resources Connection Implied Volatility | 0.0 |
Resources Connection's implied volatility exposes the market's sentiment of Resources Connection stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Resources Connection'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 Resources Connection stock will not fluctuate a lot when Resources Connection's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Resources Connection. 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 Resources Connection to buy its stock at a price that has no basis in reality. In that case, they are not buying Resources 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.
Resources Connection after-hype prediction price | USD 10.96 |
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.
Resources |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Resources Connection'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.
Resources Connection After-Hype Price Prediction Density Analysis
As far as predicting the price of Resources Connection 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 Resources Connection 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 Resources Connection, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Resources Connection Estimiated After-Hype Price Volatility
In the context of predicting Resources Connection's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Resources Connection's historical news coverage. Resources Connection's after-hype downside and upside margins for the prediction period are 8.70 and 13.22, respectively. We have considered Resources Connection'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
Resources Connection is not too volatile at this time. Analysis and calculation of next after-hype price of Resources Connection is based on 3 months time horizon.
Resources Connection Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Resources Connection is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Resources Connection 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 Resources Connection, 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 |
0.28 | 2.26 | 0.09 | 0.09 | 9 Events / Month | 8 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
11.05 | 10.96 | 0.81 |
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Resources Connection Hype Timeline
On the 19th of April Resources Connection is traded for 11.05. The entity has historical hype elasticity of -0.09, and average elasticity to hype of competition of -0.09. Resources is forecasted to decline in value after the next headline, with the price expected to drop to 10.96. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.81%, whereas the daily expected return is at this time at -0.28%. The volatility of related hype on Resources Connection is about 743.42%, with the expected price after the next announcement by competition of 10.96. About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Resources Connection has Price/Earnings To Growth (PEG) ratio of 0.61. The entity last dividend was issued on the 14th of February 2024. The firm had 2:1 split on the 2nd of March 2005. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Resources Connection Basic Forecasting Models to cross-verify your projections.Resources Connection Related Hype Analysis
Having access to credible news sources related to Resources Connection's direct competition is more important than ever and may enhance your ability to predict Resources Connection's future price movements. Getting to know how Resources Connection'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 Resources Connection may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| G | Genpact Limited | (0.82) | 11 per month | 0.00 | (0.17) | 1.85 | (2.42) | 7.27 | |
| EXLS | ExlService Holdings | 0.57 | 11 per month | 0.00 | (0.07) | 3.26 | (3.48) | 8.37 | |
| SAIC | Science Applications International | 0.65 | 10 per month | 0.00 | (0.06) | 2.06 | (1.96) | 12.21 | |
| WNS | WNS Holdings | (0.79) | 8 per month | 0.00 | (0.17) | 3.88 | (4.81) | 23.08 | |
| LDOS | Leidos Holdings | (2.36) | 12 per month | 0.33 | 0.14 | 1.30 | (1.13) | 7.52 | |
| PSN | Parsons Corp | 1.40 | 11 per month | 0.84 | 0.14 | 2.50 | (1.34) | 11.19 | |
| ASGN | ASGN Inc | (0.53) | 10 per month | 1.74 | 0.02 | 2.56 | (3.06) | 8.24 | |
| IT | Gartner | (1.49) | 8 per month | 0.00 | (0.06) | 2.09 | (1.95) | 4.91 | |
| HCKT | The Hackett Group | 0.25 | 12 per month | 0.00 | (0.04) | 2.92 | (2.14) | 12.14 | |
| VNET | VNET Group DRC | 0.08 | 9 per month | 0.00 | (0.14) | 9.70 | (8.82) | 20.24 |
Resources Connection Additional Predictive Modules
Most predictive techniques to examine Resources price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Resources using various technical indicators. When you analyze Resources 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 |
About Resources Connection Predictive Indicators
The successful prediction of Resources Connection 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 Resources Connection, 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 Resources Connection based on analysis of Resources Connection hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Resources Connection's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Resources Connection's related companies. | 2013 | 2023 (projected) | Dividend Yield | 0.0329 | 0.0218 | Price To Sales Ratio | 0.67 | 0.86 |
Story Coverage note for Resources Connection
The number of cover stories for Resources Connection depends on current market conditions and Resources Connection's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Resources Connection 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 Resources Connection'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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Resources Connection Short Properties
Resources Connection's future price predictability will typically decrease when Resources Connection's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Resources Connection often depends not only on the future outlook of the potential Resources Connection'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. Resources Connection's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.2 M | |
| Cash And Short Term Investments | 116.8 M |
Check out Resources Connection Basic Forecasting Models to cross-verify your projections. To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.Note that the Resources Connection information on this page should be used as a complementary analysis to other Resources Connection's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Resources Stock analysis
When running Resources Connection's price analysis, check to measure Resources Connection'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 Resources Connection is operating at the current time. Most of Resources Connection's value examination focuses on studying past and present price action to predict the probability of Resources Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resources Connection's price. Additionally, you may evaluate how the addition of Resources Connection to your portfolios can decrease your overall portfolio volatility.
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Is Resources Connection'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 Resources Connection. If investors know Resources 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 Resources Connection 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 (0.64) | Dividend Share 0.56 | Earnings Share 0.66 | Revenue Per Share 20.023 | Quarterly Revenue Growth (0.19) |
The market value of Resources Connection is measured differently than its book value, which is the value of Resources that is recorded on the company's balance sheet. Investors also form their own opinion of Resources Connection's value that differs from its market value or its book value, called intrinsic value, which is Resources Connection'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 Resources Connection's market value can be influenced by many factors that don't directly affect Resources Connection'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 Resources Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if Resources Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resources Connection'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.