Sailfish Royalty Stock Forward View - Simple Regression

FISH Stock  CAD 3.55  0.45  11.25%   
Sailfish Stock outlook is based on your current time horizon.
At this time the relative strength momentum indicator of Sailfish Royalty's share price is below 20 . This usually 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
The successful prediction of Sailfish Royalty'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 Sailfish Royalty and does not consider all of the tangible or intangible factors available from Sailfish Royalty's fundamental data. We analyze noise-free headlines and recent hype associated with Sailfish Royalty Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Sailfish Royalty's stock price prediction:
Quarterly Earnings Growth
(0.84)
EPS Estimate Next Year
0.07
Wall Street Target Price
4.2287
Quarterly Revenue Growth
0.205
Using Sailfish Royalty hype-based prediction, you can estimate the value of Sailfish Royalty Corp from the perspective of Sailfish Royalty response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Sailfish Royalty Corp on the next trading day is expected to be 3.96 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.11.

Sailfish Royalty after-hype prediction price

    
  CAD 3.57  
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 Sailfish Royalty to cross-verify your projections.

Sailfish Royalty Additional Predictive Modules

Most predictive techniques to examine Sailfish price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sailfish using various technical indicators. When you analyze Sailfish 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Sailfish Royalty price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Sailfish Royalty Simple Regression Price Forecast For the 6th of February

Given 90 days horizon, the Simple Regression forecasted value of Sailfish Royalty Corp on the next trading day is expected to be 3.96 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.04, and the sum of the absolute errors of 11.11.
Please note that although there have been many attempts to predict Sailfish Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Sailfish Royalty's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sailfish Royalty Stock Forecast Pattern

Backtest Sailfish Royalty  Sailfish Royalty Price Prediction  Research Analysis  

Sailfish Royalty Forecasted Value

In the context of forecasting Sailfish Royalty'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. Sailfish Royalty's downside and upside margins for the forecasting period are 0.64 and 7.29, respectively. We have considered Sailfish Royalty'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.
Market Value
3.55
3.96
Expected Value
7.29
Upside

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 Sailfish Royalty stock data series using in forecasting. Note that when a statistical model is used to represent Sailfish Royalty 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.
AICAkaike Information Criteria115.0092
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1822
MAPEMean absolute percentage error0.0521
SAESum of the absolute errors11.1132
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Sailfish Royalty Corp historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Sailfish Royalty

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sailfish Royalty Corp. 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.
Hype
Prediction
LowEstimatedHigh
0.243.576.90
Details
Intrinsic
Valuation
LowRealHigh
0.153.016.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sailfish Royalty. Your research has to be compared to or analyzed against Sailfish Royalty's peers to derive any actionable benefits. When done correctly, Sailfish Royalty's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sailfish Royalty Corp.

Sailfish Royalty After-Hype Price Density Analysis

As far as predicting the price of Sailfish Royalty 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 Sailfish Royalty 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 Sailfish Royalty, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Sailfish Royalty Estimiated After-Hype Price Volatility

In the context of predicting Sailfish Royalty's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sailfish Royalty's historical news coverage. Sailfish Royalty's after-hype downside and upside margins for the prediction period are 0.24 and 6.90, respectively. We have considered Sailfish Royalty'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.55
3.57
After-hype Price
6.90
Upside
Sailfish Royalty is unstable at this time. Analysis and calculation of next after-hype price of Sailfish Royalty Corp is based on 3 months time horizon.

Sailfish Royalty Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Sailfish Royalty is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sailfish Royalty 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 Sailfish Royalty, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.29 
3.33
  0.02 
  0.04 
3 Events / Month
2 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.55
3.57
0.56 
5,550  
Notes

Sailfish Royalty Hype Timeline

Sailfish Royalty Corp is currently traded for 3.55on TSX Venture Exchange of Canada. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.04. Sailfish is projected to increase in value after the next headline, with the price projected to jump to 3.57 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is anticipated to be 0.56%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Sailfish Royalty is about 2700.0%, with the expected price after the next announcement by competition of 3.59. The company reported the revenue of 2.84 M. Net Income was 550.03 K with profit before overhead, payroll, taxes, and interest of 2.81 M. Assuming the 90 days trading horizon the next projected press release will be in about 3 days.
Check out Historical Fundamental Analysis of Sailfish Royalty to cross-verify your projections.

Sailfish Royalty Related Hype Analysis

Having access to credible news sources related to Sailfish Royalty's direct competition is more important than ever and may enhance your ability to predict Sailfish Royalty's future price movements. Getting to know how Sailfish Royalty'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 Sailfish Royalty may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MAIMinera Alamos 0.25 6 per month 2.95  0.14  7.37 (5.34) 20.41 
NEXGNeXGold Mining Corp 0.05 10 per month 3.05  0.1  5.94 (4.89) 20.93 
MFGMayfair Gold Corp(0.02)6 per month 2.77  0.13  5.91 (4.39) 16.03 
LNLoncor Resources 0.00 3 per month 1.20 (0.02) 2.31 (1.50) 7.49 
TUDTudor Gold Corp(0.03)7 per month 3.77  0.13  8.60 (5.00) 24.94 
AUMB1911 Gold Corp 0.01 6 per month 5.05  0.06  14.85 (8.74) 29.87 
DNGDynacor Gold Mines 0.74 2 per month 2.46  0.15  3.51 (3.49) 22.81 
AUXXGold X2 Mining 0.01 4 per month 3.91  0.21  12.24 (5.56) 30.46 
WGOWhite Gold Corp 0.10 2 per month 3.89  0.15  9.79 (6.29) 24.71 

Other Forecasting Options for Sailfish Royalty

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

Sailfish Royalty 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 Sailfish Royalty stock to make a market-neutral strategy. Peer analysis of Sailfish Royalty could also be used in its relative valuation, which is a method of valuing Sailfish Royalty by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sailfish Royalty Market Strength Events

Market strength indicators help investors to evaluate how Sailfish Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sailfish Royalty shares will generate the highest return on investment. By undertsting and applying Sailfish Royalty stock market strength indicators, traders can identify Sailfish Royalty Corp entry and exit signals to maximize returns.

Sailfish Royalty Risk Indicators

The analysis of Sailfish Royalty'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 Sailfish Royalty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sailfish 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.
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 Sailfish Royalty

The number of cover stories for Sailfish Royalty depends on current market conditions and Sailfish Royalty's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sailfish Royalty 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 Sailfish Royalty's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Sailfish Stock Analysis

When running Sailfish Royalty's price analysis, check to measure Sailfish Royalty'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 Sailfish Royalty is operating at the current time. Most of Sailfish Royalty's value examination focuses on studying past and present price action to predict the probability of Sailfish Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sailfish Royalty's price. Additionally, you may evaluate how the addition of Sailfish Royalty to your portfolios can decrease your overall portfolio volatility.