Namib Minerals Stock Forward View
| NAMM Stock | 3.22 0.00 0.00% |
Namib Stock outlook is based on your current time horizon. Although Namib Minerals' naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Namib Minerals' systematic risk associated with finding meaningful patterns of Namib Minerals fundamentals over time.
As of now the relative strength momentum indicator of Namib Minerals' share price is below 20 . This 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 |
Using Namib Minerals hype-based prediction, you can estimate the value of Namib Minerals Ordinary from the perspective of Namib Minerals response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Namib Minerals Ordinary on the next trading day is expected to be 3.17 with a mean absolute deviation of 0.42 and the sum of the absolute errors of 25.66. Namib Minerals after-hype prediction price | USD 3.65 |
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 Namib Minerals to cross-verify your projections. Namib Minerals Additional Predictive Modules
Most predictive techniques to examine Namib price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Namib using various technical indicators. When you analyze Namib 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 |
Namib Minerals Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Namib Minerals' financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2010-12-31 | Previous Quarter 628.2 K | Current Value 600.2 K | Quarterly Volatility 723.8 K |
Namib Minerals Naive Prediction Price Forecast For the 6th of February
Given 90 days horizon, the Naive Prediction forecasted value of Namib Minerals Ordinary on the next trading day is expected to be 3.17 with a mean absolute deviation of 0.42, mean absolute percentage error of 0.36, and the sum of the absolute errors of 25.66.Please note that although there have been many attempts to predict Namib 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 Namib Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Namib Minerals Stock Forecast Pattern
| Backtest Namib Minerals | Namib Minerals Price Prediction | Research Analysis |
Namib Minerals Forecasted Value
In the context of forecasting Namib Minerals' 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. Namib Minerals' downside and upside margins for the forecasting period are 0.03 and 25.49, respectively. We have considered Namib Minerals' 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Namib Minerals stock data series using in forecasting. Note that when a statistical model is used to represent Namib Minerals 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 | 117.0906 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4206 |
| MAPE | Mean absolute percentage error | 0.2786 |
| SAE | Sum of the absolute errors | 25.6557 |
Predictive Modules for Namib Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Namib Minerals Ordinary. 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.Namib Minerals After-Hype Price Density Analysis
As far as predicting the price of Namib Minerals 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 Namib Minerals 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 Namib Minerals, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Namib Minerals Estimiated After-Hype Price Volatility
In the context of predicting Namib Minerals' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Namib Minerals' historical news coverage. Namib Minerals' after-hype downside and upside margins for the prediction period are 0.18 and 25.97, respectively. We have considered Namib Minerals' 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
Namib Minerals is abnormally volatile at this time. Analysis and calculation of next after-hype price of Namib Minerals Ordinary is based on 3 months time horizon.
Namib Minerals Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Namib Minerals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Namib Minerals 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 Namib Minerals, 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 |
3.26 | 22.32 | 0.23 | 0.05 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.22 | 3.65 | 5.93 |
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Namib Minerals Hype Timeline
Namib Minerals Ordinary is now traded for 3.22. The entity has historical hype elasticity of -0.23, and average elasticity to hype of competition of -0.05. Namib is expected to decline in value after the next headline, with the price expected to drop to 3.65. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -5.93%, whereas the daily expected return is now at 3.26%. The volatility of related hype on Namib Minerals is about 148800.0%, with the expected price after the next announcement by competition of 3.17. About 94.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 9 days. Check out Historical Fundamental Analysis of Namib Minerals to cross-verify your projections.Namib Minerals Related Hype Analysis
Having access to credible news sources related to Namib Minerals' direct competition is more important than ever and may enhance your ability to predict Namib Minerals' future price movements. Getting to know how Namib Minerals' 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 Namib Minerals may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GORO | Gold Resource | (0.05) | 10 per month | 5.26 | 0.18 | 15.83 | (8.28) | 45.64 | |
| PZG | Paramount Gold Nevada | 0.15 | 35 per month | 2.78 | 0.19 | 12.12 | (4.90) | 19.02 | |
| FEAM | 5E Advanced Materials | (0.10) | 11 per month | 0.00 | (0.16) | 8.39 | (9.72) | 42.14 | |
| FURY | Fury Gold Mines | (0.01) | 8 per month | 4.40 | 0.08 | 9.72 | (6.49) | 35.30 | |
| ATLX | Atlas Lithium | (0.05) | 8 per month | 5.51 | 0.01 | 6.80 | (9.47) | 27.79 | |
| GRO | Brazil Potash Corp | 0.03 | 8 per month | 4.35 | 0.01 | 6.53 | (7.21) | 22.72 | |
| WWR | Westwater Resources | (0.05) | 10 per month | 0.00 | (0.06) | 11.82 | (11.02) | 28.86 | |
| NEXM | NexMetals Mining Corp | (0.08) | 7 per month | 3.88 | (0.01) | 8.60 | (6.60) | 21.46 | |
| LOOP | Loop Industries | 0.02 | 7 per month | 0.00 | (0.07) | 6.74 | (6.42) | 18.20 | |
| ORGN | Origin Materials | (0.01) | 9 per month | 0.00 | (0.30) | 6.82 | (8.70) | 22.98 |
Other Forecasting Options for Namib Minerals
For every potential investor in Namib, whether a beginner or expert, Namib Minerals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Namib Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Namib. Basic forecasting techniques help filter out the noise by identifying Namib Minerals' price trends.Namib Minerals 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 Namib Minerals stock to make a market-neutral strategy. Peer analysis of Namib Minerals could also be used in its relative valuation, which is a method of valuing Namib Minerals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Namib Minerals Market Strength Events
Market strength indicators help investors to evaluate how Namib Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Namib Minerals shares will generate the highest return on investment. By undertsting and applying Namib Minerals stock market strength indicators, traders can identify Namib Minerals Ordinary entry and exit signals to maximize returns.
| Accumulation Distribution | 0.27 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.81 | |||
| Day Typical Price | 3.61 | |||
| Market Facilitation Index | 1.18 | |||
| Price Action Indicator | (0.59) |
Namib Minerals Risk Indicators
The analysis of Namib Minerals' 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 Namib Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting namib 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 | 10.09 | |||
| Semi Deviation | 7.66 | |||
| Standard Deviation | 21.4 | |||
| Variance | 458.04 | |||
| Downside Variance | 75.15 | |||
| Semi Variance | 58.62 | |||
| Expected Short fall | (18.96) |
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 Namib Minerals
The number of cover stories for Namib Minerals depends on current market conditions and Namib Minerals' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Namib Minerals 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 Namib Minerals' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Namib Minerals Short Properties
Namib Minerals' future price predictability will typically decrease when Namib Minerals' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Namib Minerals Ordinary often depends not only on the future outlook of the potential Namib Minerals' 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. Namib Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.4 M | |
| Cash And Short Term Investments | 698 K |
Check out Historical Fundamental Analysis of Namib Minerals to cross-verify your projections. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Will Metals & Mining sector continue expanding? Could Namib diversify its offerings? Factors like these will boost the valuation of Namib Minerals. Anticipated expansion of Namib directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Namib Minerals data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Namib Minerals Ordinary's market price often diverges from its book value, the accounting figure shown on Namib's balance sheet. Smart investors calculate Namib Minerals' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Namib Minerals' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Namib Minerals' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Namib Minerals should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Namib Minerals' 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.