New Found Stock Forward View - Polynomial Regression
| NFGC Stock | USD 3.13 0.21 6.29% |
New Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast New Found stock prices and determine the direction of New Found Gold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of New Found's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength momentum indicator of New Found's share price is at 55. This indicates 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 New Found, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.78) | Wall Street Target Price 5 |
Using New Found hype-based prediction, you can estimate the value of New Found Gold from the perspective of New Found response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards New Found using New Found's stock options and short interest. It helps to benchmark the overall future attitude of investors towards New using crowd psychology based on the activity and movement of New Found's stock price.
New Found Short Interest
A significant increase or decrease in New Found's short interest from the previous month could be a good indicator of investor sentiment towards New. Short interest can provide insight into the potential direction of New Found stock and how bullish or bearish investors feel about the market overall.
200 Day MA 1.9778 | Short Percent 0.0039 | Short Ratio 2.13 | Shares Short Prior Month 5.1 M | 50 Day MA 2.828 |
New Relative Strength Index
The Polynomial Regression forecasted value of New Found Gold on the next trading day is expected to be 3.22 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.44.New Found Gold Hype to Price Pattern
Investor biases related to New Found's public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Found Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of New Found's market sentiment to its price can help taders to make decisions based on the overall investors consensus about New Found.
New Found Implied Volatility | 2.27 |
New Found's implied volatility exposes the market's sentiment of New Found Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if New Found'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 New Found stock will not fluctuate a lot when New Found's options are near their expiration.
The Polynomial Regression forecasted value of New Found Gold on the next trading day is expected to be 3.22 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.44. New Found after-hype prediction price | USD 3.07 |
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 New Found to cross-verify your projections. Prediction based on Rule 16 of the current New contract
Based on the Rule 16, the options market is currently suggesting that New Found Gold will have an average daily up or down price movement of about 0.14% per day over the life of the 2026-04-17 option contract. With New Found trading at USD 3.13, that is roughly USD 0.004441 . If you think that the market is fully incorporating New Found's daily price movement you should consider acquiring New Found Gold options at the current volatility level of 2.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 New Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast New Found'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 in New Found's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for New Found stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current New Found's open interest, investors have to compare it to New Found'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 New Found 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 New. 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.
New Found Additional Predictive Modules
Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New 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 |
New Found Polynomial Regression Price Forecast For the 31st of January
Given 90 days horizon, the Polynomial Regression forecasted value of New Found Gold on the next trading day is expected to be 3.22 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.44.Please note that although there have been many attempts to predict New 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 New Found's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
New Found Stock Forecast Pattern
| Backtest New Found | New Found Price Prediction | Buy or Sell Advice |
New Found Forecasted Value
In the context of forecasting New Found'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. New Found's downside and upside margins for the forecasting period are 0.03 and 8.31, respectively. We have considered New Found'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of New Found stock data series using in forecasting. Note that when a statistical model is used to represent New Found 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 | 114.5618 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1383 |
| MAPE | Mean absolute percentage error | 0.0511 |
| SAE | Sum of the absolute errors | 8.4374 |
Predictive Modules for New Found
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Found Gold. 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.New Found After-Hype Price Density Analysis
As far as predicting the price of New Found 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 New Found 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 New Found, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
New Found Estimiated After-Hype Price Volatility
In the context of predicting New Found's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on New Found's historical news coverage. New Found's after-hype downside and upside margins for the prediction period are 0.15 and 8.16, respectively. We have considered New Found'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
New Found is risky at this time. Analysis and calculation of next after-hype price of New Found Gold is based on 3 months time horizon.
New Found Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as New Found is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Found 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 New Found, 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 |
0.84 | 5.09 | 0.06 | 0.86 | 8 Events / Month | 7 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.13 | 3.07 | 1.92 |
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New Found Hype Timeline
New Found Gold is now traded for 3.13. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of 0.86. New is forecasted to decline in value after the next headline, with the price expected to drop to 3.07. 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 -1.92%, whereas the daily expected return is now at 0.84%. The volatility of related hype on New Found is about 495.14%, with the expected price after the next announcement by competition of 3.99. About 32.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.16. New Found Gold had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days. Check out Historical Fundamental Analysis of New Found to cross-verify your projections.New Found Related Hype Analysis
Having access to credible news sources related to New Found's direct competition is more important than ever and may enhance your ability to predict New Found's future price movements. Getting to know how New Found'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 New Found may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DC | Dakota Gold Corp | (0.06) | 9 per month | 2.49 | 0.17 | 5.90 | (4.86) | 26.64 | |
| ODV | Osisko Development Corp | 0.02 | 8 per month | 3.52 | 0.05 | 6.65 | (5.49) | 15.32 | |
| IDR | Idaho Strategic Resources | 3.35 | 8 per month | 4.92 | 0.06 | 9.81 | (8.44) | 31.03 | |
| NVAWW | Nova Minerals Limited | 0.04 | 6 per month | 11.11 | 0.19 | 39.00 | (22.30) | 193.57 | |
| CMCL | Caledonia Mining | 0.19 | 10 per month | 4.98 | 0.01 | 5.89 | (7.16) | 29.10 | |
| ASTL | Algoma Steel Group | 0.03 | 9 per month | 3.64 | 0.0002 | 7.14 | (6.12) | 18.39 | |
| RYAM | Rayonier Advanced Materials | 0.72 | 9 per month | 2.87 | 0.04 | 6.38 | (5.15) | 28.05 | |
| ITRG | Integra Resources Corp | 0.32 | 10 per month | 3.40 | 0.13 | 7.43 | (5.85) | 22.26 | |
| NB | NioCorp Developments Ltd | 0.23 | 10 per month | 0.00 | (0.04) | 9.52 | (11.51) | 26.34 | |
| HYMC | Hycroft Mining Holding | 5.44 | 10 per month | 3.79 | 0.34 | 18.67 | (8.03) | 61.30 |
Other Forecasting Options for New Found
For every potential investor in New, whether a beginner or expert, New Found's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New Found's price trends.New Found 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 New Found stock to make a market-neutral strategy. Peer analysis of New Found could also be used in its relative valuation, which is a method of valuing New Found by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
New Found Market Strength Events
Market strength indicators help investors to evaluate how New Found stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Found shares will generate the highest return on investment. By undertsting and applying New Found stock market strength indicators, traders can identify New Found Gold entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 3.13 | |||
| Day Typical Price | 3.13 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.21) | |||
| Relative Strength Index | 55.53 |
New Found Risk Indicators
The analysis of New Found'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 New Found's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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 | 3.47 | |||
| Semi Deviation | 3.68 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.1 | |||
| Downside Variance | 20.61 | |||
| Semi Variance | 13.54 | |||
| Expected Short fall | (3.87) |
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 New Found
The number of cover stories for New Found depends on current market conditions and New Found's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Found 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 New Found'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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New Found Short Properties
New Found's future price predictability will typically decrease when New Found's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of New Found Gold often depends not only on the future outlook of the potential New Found'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. New Found's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 194 M | |
| Cash And Short Term Investments | 23.1 M |
Check out Historical Fundamental Analysis of New Found to cross-verify your projections. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Diversified Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Found. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Found data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate New Found Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Found's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Found's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Found's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Found should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Found's market price signifies the transaction level at which participants voluntarily complete trades.