CIC INSURANCE (Kenya) Price Prediction

CIC Stock   2.19  0.01  0.45%   
The value of RSI of CIC INSURANCE's the stock price is about 66 suggesting that the stock is rather overbought by investors as of 26th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling CIC, making its price go up or down.

Oversold Vs Overbought

66

 
Oversold
 
Overbought
The successful prediction of CIC INSURANCE's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with CIC INSURANCE GROUP, which may create opportunities for some arbitrage if properly timed.
Using CIC INSURANCE hype-based prediction, you can estimate the value of CIC INSURANCE GROUP from the perspective of CIC INSURANCE 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 CIC INSURANCE to buy its stock at a price that has no basis in reality. In that case, they are not buying CIC 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.

CIC INSURANCE after-hype prediction price

    
  KES 2.19  
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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CIC INSURANCE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

CIC INSURANCE Estimiated After-Hype Price Prediction Volatility

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

CIC INSURANCE Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CIC INSURANCE is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CIC INSURANCE 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 CIC INSURANCE, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
2.24
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.19
2.19
0.00 
0.00  
Notes

CIC INSURANCE Hype Timeline

CIC INSURANCE GROUP is currently traded for 2.19on Nairobi Securities Exchange of Kenya. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CIC is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.18%. %. The volatility of related hype on CIC INSURANCE is about 0.0%, with the expected price after the next announcement by competition of 2.19. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

CIC INSURANCE Related Hype Analysis

Having access to credible news sources related to CIC INSURANCE's direct competition is more important than ever and may enhance your ability to predict CIC INSURANCE's future price movements. Getting to know how CIC INSURANCE'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 CIC INSURANCE may potentially react to the hype associated with one of its peers.

CIC INSURANCE Additional Predictive Modules

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

Story Coverage note for CIC INSURANCE

The number of cover stories for CIC INSURANCE depends on current market conditions and CIC INSURANCE's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CIC INSURANCE 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 CIC INSURANCE'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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Complementary Tools for CIC Stock analysis

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