Peyto ExplorationDevel Stock Forward View - Simple Moving Average
| PEY Stock | CAD 25.64 0.80 3.22% |
Peyto Stock outlook is based on your current time horizon. Although Peyto ExplorationDevel's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Peyto ExplorationDevel's systematic risk associated with finding meaningful patterns of Peyto ExplorationDevel fundamentals over time.
As of today the value of relative strength index of Peyto ExplorationDevel's share price is below 20 indicating 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 |
Quarterly Earnings Growth 0.731 | EPS Estimate Next Quarter 0.71 | EPS Estimate Current Year 2.08 | EPS Estimate Next Year 2.23 | Wall Street Target Price 25.6364 |
Using Peyto ExplorationDevel hype-based prediction, you can estimate the value of Peyto ExplorationDevelopment Corp from the perspective of Peyto ExplorationDevel response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Peyto ExplorationDevelopment Corp on the next trading day is expected to be 25.64 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.35. Peyto ExplorationDevel after-hype prediction price | CAD 25.3 |
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.
Peyto |
Peyto ExplorationDevel Additional Predictive Modules
Most predictive techniques to examine Peyto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Peyto using various technical indicators. When you analyze Peyto 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 |
Peyto ExplorationDevel Simple Moving Average Price Forecast For the 9th of February
Given 90 days horizon, the Simple Moving Average forecasted value of Peyto ExplorationDevelopment Corp on the next trading day is expected to be 25.64 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.21, and the sum of the absolute errors of 21.35.Please note that although there have been many attempts to predict Peyto 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 Peyto ExplorationDevel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Peyto ExplorationDevel Stock Forecast Pattern
| Backtest Peyto ExplorationDevel | Peyto ExplorationDevel Price Prediction | Research Analysis |
Peyto ExplorationDevel Forecasted Value
In the context of forecasting Peyto ExplorationDevel'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. Peyto ExplorationDevel's downside and upside margins for the forecasting period are 23.68 and 27.60, respectively. We have considered Peyto ExplorationDevel'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Peyto ExplorationDevel stock data series using in forecasting. Note that when a statistical model is used to represent Peyto ExplorationDevel 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 | 112.8747 |
| Bias | Arithmetic mean of the errors | -0.1271 |
| MAD | Mean absolute deviation | 0.3619 |
| MAPE | Mean absolute percentage error | 0.016 |
| SAE | Sum of the absolute errors | 21.35 |
Predictive Modules for Peyto ExplorationDevel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peyto ExplorationDevel. 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.Peyto ExplorationDevel After-Hype Price Density Analysis
As far as predicting the price of Peyto ExplorationDevel 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 Peyto ExplorationDevel 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 Peyto ExplorationDevel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Peyto ExplorationDevel Estimiated After-Hype Price Volatility
In the context of predicting Peyto ExplorationDevel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Peyto ExplorationDevel's historical news coverage. Peyto ExplorationDevel's after-hype downside and upside margins for the prediction period are 23.34 and 27.26, respectively. We have considered Peyto ExplorationDevel'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
Peyto ExplorationDevel is very steady at this time. Analysis and calculation of next after-hype price of Peyto ExplorationDevel is based on 3 months time horizon.
Peyto ExplorationDevel Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Peyto ExplorationDevel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Peyto ExplorationDevel 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 Peyto ExplorationDevel, 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 |
0.35 | 1.96 | 0.34 | 0.02 | 6 Events / Month | 2 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
25.64 | 25.30 | 1.33 |
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Peyto ExplorationDevel Hype Timeline
Peyto ExplorationDevel is at this time traded for 25.64on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.34, and average elasticity to hype of competition of 0.02. Peyto is anticipated to decline in value after the next headline, with the price expected to drop to 25.3. The average volatility of media hype impact on the company price is about 200.0%. The price drop on the next news is expected to be -1.33%, whereas the daily expected return is at this time at 0.35%. The volatility of related hype on Peyto ExplorationDevel is about 2800.0%, with the expected price after the next announcement by competition of 25.66. About 23.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.86. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Peyto ExplorationDevel has Price/Earnings To Growth (PEG) ratio of 1.28. The entity last dividend was issued on the 30th of January 2026. The firm had 2:1 split on the 27th of May 2005. Assuming the 90 days trading horizon the next anticipated press release will be in about 6 days. Check out Historical Fundamental Analysis of Peyto ExplorationDevel to cross-verify your projections.Peyto ExplorationDevel Related Hype Analysis
Having access to credible news sources related to Peyto ExplorationDevel's direct competition is more important than ever and may enhance your ability to predict Peyto ExplorationDevel's future price movements. Getting to know how Peyto ExplorationDevel'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 Peyto ExplorationDevel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NVA | NuVista Energy | 0.19 | 7 per month | 0.91 | 0.07 | 1.94 | (1.70) | 6.79 | |
| ATH | Athabasca Oil Corp | (0.10) | 5 per month | 2.07 | 0.11 | 4.40 | (3.28) | 11.96 | |
| GEI | Gibson Energy | (0.19) | 9 per month | 0.95 | 0.20 | 2.19 | (1.91) | 5.70 | |
| POU | Paramount Resources | 0.35 | 7 per month | 1.90 | 0.04 | 2.54 | (3.12) | 7.94 | |
| BTE | Baytex Energy Corp | 0.11 | 10 per month | 1.95 | 0.19 | 4.54 | (3.46) | 19.59 | |
| TPZ | Topaz Energy Corp | (0.02) | 4 per month | 1.04 | 0.13 | 2.16 | (1.84) | 5.64 | |
| TVE | Tamarack Valley Energy | 0.25 | 7 per month | 1.65 | 0.29 | 3.79 | (3.05) | 8.73 | |
| PXT | Parex Resources | 0.57 | 6 per month | 2.38 | 0.07 | 3.94 | (3.67) | 9.39 | |
| FRU | Freehold Royalties | (0.44) | 9 per month | 0.98 | 0.16 | 2.24 | (1.89) | 6.39 | |
| PSK | PrairieSky Royalty | (0.02) | 5 per month | 1.10 | 0.15 | 2.77 | (1.99) | 6.48 |
Other Forecasting Options for Peyto ExplorationDevel
For every potential investor in Peyto, whether a beginner or expert, Peyto ExplorationDevel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Peyto Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Peyto. Basic forecasting techniques help filter out the noise by identifying Peyto ExplorationDevel's price trends.Peyto ExplorationDevel 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 Peyto ExplorationDevel stock to make a market-neutral strategy. Peer analysis of Peyto ExplorationDevel could also be used in its relative valuation, which is a method of valuing Peyto ExplorationDevel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Peyto ExplorationDevel Market Strength Events
Market strength indicators help investors to evaluate how Peyto ExplorationDevel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Peyto ExplorationDevel shares will generate the highest return on investment. By undertsting and applying Peyto ExplorationDevel stock market strength indicators, traders can identify Peyto ExplorationDevelopment Corp entry and exit signals to maximize returns.
Peyto ExplorationDevel Risk Indicators
The analysis of Peyto ExplorationDevel'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 Peyto ExplorationDevel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peyto 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 | 1.57 | |||
| Semi Deviation | 1.52 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 | |||
| Downside Variance | 3.28 | |||
| Semi Variance | 2.3 | |||
| Expected Short fall | (1.80) |
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 Peyto ExplorationDevel
The number of cover stories for Peyto ExplorationDevel depends on current market conditions and Peyto ExplorationDevel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Peyto ExplorationDevel 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 Peyto ExplorationDevel'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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Peyto ExplorationDevel Short Properties
Peyto ExplorationDevel's future price predictability will typically decrease when Peyto ExplorationDevel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Peyto ExplorationDevelopment Corp often depends not only on the future outlook of the potential Peyto ExplorationDevel'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. Peyto ExplorationDevel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 197.1 M | |
| Cash And Short Term Investments | 13.6 M |
Other Information on Investing in Peyto Stock
Peyto ExplorationDevel financial ratios help investors to determine whether Peyto Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Peyto with respect to the benefits of owning Peyto ExplorationDevel security.