Etsy Stock Forecast - Price Action Indicator

ETSY
 Stock
  

USD 119.91  0.95  0.79%   

Etsy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Etsy historical stock prices and determine the direction of Etsy Inc's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Etsy historical fundamentals such as revenue growth or operating cash flow patterns. Although Etsy naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Etsy Inc systematic risk associated with finding meaningful patterns of Etsy fundamentals over time.
Continue to Historical Fundamental Analysis of Etsy to cross-verify your projections.
  
Etsy PPandE Turnover is fairly stable at the moment as compared to the past year. Etsy reported PPandE Turnover of 12.02 in 2021. Receivables Turnover is likely to rise to 100.78 in 2022, whereas Asset Turnover is likely to drop 0.68 in 2022. . Weighted Average Shares is likely to drop to about 119.9 M in 2022. Weighted Average Shares Diluted is likely to drop to about 133.1 M in 2022.

Open Interest Agains t 2022-08-19 Etsy Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Etsy'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 Etsy's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Etsy stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Etsy's open interest, investors have to compare it to Etsy'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 Etsy 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 Etsy. 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.
Etsy Inc has current Price Action Indicator of 0.
Most investors in Etsy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Etsy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Etsy's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
2.690
Check Etsy VolatilityBacktest EtsyInformation Ratio  

Etsy Trading Date Momentum

On August 16 2022 Etsy Inc was traded for  120.86  at the closing time. The top price for the day was 123.03  and the lowest listed price was  116.21 . The trading volume for the day was 3.3 M. The trading history from August 16, 2022 did not affect price variability. The overall trading delta against the current closing price is 2.40% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Etsy to competition

Other Forecasting Options for Etsy

For every potential investor in Etsy, whether a beginner or expert, Etsy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Etsy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Etsy. Basic forecasting techniques help filter out the noise by identifying Etsy's price trends.

Etsy 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 Etsy stock to make a market-neutral strategy. Peer analysis of Etsy could also be used in its relative valuation, which is a method of valuing Etsy by comparing valuation metrics with similar companies.
Chewy IncEcolab IncCostco WholesaleAtai Life SciencesBed Bath BeyondDupont DenemoursCoca-ColaExxon Mobil Corp3M CompanyMcDonalds CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGx Nasdaq-100 Covered
 Risk & Return  Correlation

Etsy Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Etsy's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Etsy's current price.

Etsy Risk Indicators

The analysis of Etsy's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Etsy's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Etsy stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Etsy Investors Sentiment

The influence of Etsy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Etsy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Etsy's public news can be used to forecast risks associated with investment in Etsy. The trend in average sentiment can be used to explain how an investor holding Etsy can time the market purely based on public headlines and social activities around Etsy Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Etsy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Etsy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Etsy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Etsy.

Etsy Implied Volatility

    
  68.35  
Etsy's implied volatility exposes the market's sentiment of Etsy Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Etsy'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 Etsy stock will not fluctuate a lot when Etsy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Etsy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Etsy's short interest history, or implied volatility extrapolated from Etsy options trading.

Pair Trading with Etsy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Etsy

0.87GLBEGlobal-E Online TrendingPairCorr
The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Etsy to cross-verify your projections. Note that the Etsy Inc information on this page should be used as a complementary analysis to other Etsy'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Etsy Stock analysis

When running Etsy Inc price analysis, check to measure Etsy'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 Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Is Etsy'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 Etsy. If investors know Etsy 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 Etsy 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 YOY
-0.25
Market Capitalization
14.9 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0776
Return On Equity
0.74
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy'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 Etsy's market value can be influenced by many factors that don't directly affect Etsy'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 Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine Etsy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy'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.