CICT Mobile (China) Price Prediction

688387 Stock   6.41  0.11  1.69%   
The relative strength index (RSI) of CICT Mobile's the stock price is about 63. This suggests that the stock is rather overbought by investors as of 22nd of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling CICT, making its price go up or down.

Oversold Vs Overbought

63

 
Oversold
 
Overbought
The successful prediction of CICT Mobile's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with CICT Mobile Communication, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting CICT Mobile's stock price prediction:
Quarterly Revenue Growth
(0.37)
Using CICT Mobile hype-based prediction, you can estimate the value of CICT Mobile Communication from the perspective of CICT Mobile response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in CICT Mobile to buy its stock at a price that has no basis in reality. In that case, they are not buying CICT because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

CICT Mobile after-hype prediction price

    
  CNY 6.47  
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 CICT Mobile Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
1.915.258.59
Details
Naive
Forecast
LowNextHigh
3.006.359.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.046.506.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CICT Mobile. Your research has to be compared to or analyzed against CICT Mobile's peers to derive any actionable benefits. When done correctly, CICT Mobile'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 CICT Mobile Communication.

CICT Mobile After-Hype Price Prediction Density Analysis

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

CICT Mobile Estimiated After-Hype Price Volatility

In the context of predicting CICT Mobile's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CICT Mobile's historical news coverage. CICT Mobile's after-hype downside and upside margins for the prediction period are 3.13 and 9.81, respectively. We have considered CICT Mobile'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
6.41
6.47
After-hype Price
9.81
Upside
CICT Mobile is slightly risky at this time. Analysis and calculation of next after-hype price of CICT Mobile Communication is based on 3 months time horizon.

CICT Mobile Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CICT Mobile is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CICT Mobile 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 CICT Mobile, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.44 
3.34
  0.06 
  0.13 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.41
6.47
0.94 
2,386  
Notes

CICT Mobile Hype Timeline

CICT Mobile Communication is presently traded for 6.41on Shanghai Stock Exchange of China. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.13. CICT is forecasted to increase in value after the next headline, with the price projected to jump to 6.47 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is forecasted to be 0.94%, whereas the daily expected return is presently at 0.44%. The volatility of related hype on CICT Mobile is about 1102.31%, with the expected price after the next announcement by competition of 6.54. The company reported the revenue of 7.85 B. Net Loss for the year was (357.31 M) with profit before overhead, payroll, taxes, and interest of 1.39 B. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out CICT Mobile Basic Forecasting Models to cross-verify your projections.

CICT Mobile Related Hype Analysis

Having access to credible news sources related to CICT Mobile's direct competition is more important than ever and may enhance your ability to predict CICT Mobile's future price movements. Getting to know how CICT Mobile'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 CICT Mobile 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
601615Ming Yang Smart 0.13 2 per month 2.37  0.11  7.35 (4.15) 18.14 
159005159005 0.00 0 per month 0.00 (3.67) 0.01  0.00  0.14 
300729Loctek Ergonomic Technology 0.00 0 per month 2.78  0.06  6.27 (2.63) 24.80 
301028Xiamen East Asia 0.30 2 per month 2.33  0.11  5.04 (3.16) 24.51 
688391Hi Trend TechCo 2.84 2 per month 3.39  0.09  6.33 (4.87) 34.22 
600742Changchun Faway Automobile 0.25 3 per month 1.76  0.15  3.88 (2.99) 12.33 
516220516220 0.00 0 per month 1.59  0.08  5.26 (3.03) 17.74 
002096Hunan Nanling Industrial 0.01 1 per month 2.45  0.01  4.30 (3.86) 13.27 
300243Shandong Ruifeng Chemical(0.50)1 per month 3.05  0.13  10.41 (4.60) 26.79 
603269Jiangsu Seagull Cooling 0.00 0 per month 2.59  0.08  5.98 (4.63) 16.65 

CICT Mobile Additional Predictive Modules

Most predictive techniques to examine CICT price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CICT using various technical indicators. When you analyze CICT 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.

About CICT Mobile Predictive Indicators

The successful prediction of CICT Mobile stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as CICT Mobile Communication, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of CICT Mobile based on analysis of CICT Mobile hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to CICT Mobile's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CICT Mobile's related companies.

Story Coverage note for CICT Mobile

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

CICT Mobile Short Properties

CICT Mobile's future price predictability will typically decrease when CICT Mobile's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CICT Mobile Communication often depends not only on the future outlook of the potential CICT Mobile'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. CICT Mobile's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.4 B

Complementary Tools for CICT Stock analysis

When running CICT Mobile's price analysis, check to measure CICT Mobile'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 CICT Mobile is operating at the current time. Most of CICT Mobile's value examination focuses on studying past and present price action to predict the probability of CICT Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CICT Mobile's price. Additionally, you may evaluate how the addition of CICT Mobile to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Valuation
Check real value of public entities based on technical and fundamental data