Altamira Gold Corp Stock Price Prediction

EQTRF Stock  USD 0.09  0  2.51%   
As of 26th of November 2024 the relative strength index (rsi) of Altamira Gold's share price is below 20 suggesting that the pink sheet 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.

Oversold Vs Overbought

40

 
Oversold
 
Overbought
The successful prediction of Altamira Gold's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Altamira Gold and does not consider all of the tangible or intangible factors available from Altamira Gold's fundamental data. We analyze noise-free headlines and recent hype associated with Altamira Gold Corp, which may create opportunities for some arbitrage if properly timed.
Using Altamira Gold hype-based prediction, you can estimate the value of Altamira Gold Corp from the perspective of Altamira Gold 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 Altamira Gold to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Altamira 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Altamira Gold after-hype prediction price

    
  USD 0.09  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Altamira Gold Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.000.086.01
Details

Altamira Gold After-Hype Price Prediction Density Analysis

As far as predicting the price of Altamira Gold 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 Altamira Gold 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 Pink Sheet prices, such as prices of Altamira Gold, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Altamira Gold Estimiated After-Hype Price Volatility

In the context of predicting Altamira Gold's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altamira Gold's historical news coverage. Altamira Gold's after-hype downside and upside margins for the prediction period are 0.00 and 6.02, respectively. We have considered Altamira Gold'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
0.09
0.09
After-hype Price
6.02
Upside
Altamira Gold is out of control at this time. Analysis and calculation of next after-hype price of Altamira Gold Corp is based on 3 months time horizon.

Altamira Gold Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Altamira Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altamira Gold 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 Pink Sheet 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 Altamira Gold, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.26 
5.90
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.09
0.09
1.96 
0.00  
Notes

Altamira Gold Hype Timeline

Altamira Gold Corp is currently traded for 0.09. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Altamira is projected to decline in value after the next headline, with the price expected to drop to 0.09. The average volatility of media hype impact on the company price is insignificant. The price reduction on the next news is expected to be -1.96%, whereas the daily expected return is currently at 0.26%. The volatility of related hype on Altamira Gold is about 0.0%, with the expected price after the next announcement by competition of 0.09. About 16.0% of the company shares are held by institutions such as insurance companies. The book value of Altamira Gold was currently reported as 0.12. The company recorded a loss per share of 0.01. Altamira Gold Corp last dividend was issued on the 3rd of January 2017. The entity had 1:10 split on the 3rd of January 2017. Assuming the 90 days horizon the next projected press release will be in a few days.
Check out Altamira Gold Basic Forecasting Models to cross-verify your projections.

Altamira Gold Related Hype Analysis

Having access to credible news sources related to Altamira Gold's direct competition is more important than ever and may enhance your ability to predict Altamira Gold's future price movements. Getting to know how Altamira Gold'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 Altamira Gold 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
ENDGFEndurance Gold 0.00 0 per month 0.00 (0.05) 0.00 (9.09) 39.09 
RDEXFRed Pine Exploration 0.00 0 per month 4.34  0.02  10.00 (9.09) 44.63 
GPTRFGrande Portage Resources 0.00 0 per month 5.29  0  12.50 (10.53) 44.08 
TETOFTectonic Metals 0.00 0 per month 0.00 (0.07) 5.99 (7.06) 31.76 
PUMXFPuma Exploration 0.00 0 per month 0.00  0.1  4.71  0.00  57.54 
SXNTFSixty North Gold 0.00 0 per month 17.30  0.13  54.55 (29.41) 271.02 
WHGOFWhite Gold Corp 0.00 0 per month 0.00 (0.08) 6.67 (6.25) 21.11 
FGLDFFalcon Gold Corp 0.00 0 per month 8.51  0.04  21.30 (16.67) 51.99 
PREIFPrecipitate Gold Corp 0.00 0 per month 6.61  0.01  12.38 (11.67) 31.86 
BTKRFBlack Tusk Resources 0.00 0 per month 48.29  0.41  1,100 (90.00) 1,407 
KOREFKORE Mining 0.00 0 per month 6.10  0.04  16.67 (10.71) 55.08 
FRERFFremont Gold 0.00 0 per month 8.18  0.07  21.95 (20.67) 67.94 
RIOFFRio2 Limited 0.00 0 per month 2.23  0.04  5.77 (4.26) 16.67 
NSRPFNovo Resources Corp 0.00 0 per month 0.00 (0.06) 8.99 (8.57) 21.13 
LOMLFLion One Metals 0.00 0 per month 0.00 (0.11) 4.76 (4.55) 9.55 

Altamira Gold Additional Predictive Modules

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

The successful prediction of Altamira Gold 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 Altamira Gold Corp, 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 Altamira Gold based on analysis of Altamira Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Altamira Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Altamira Gold's related companies.

Story Coverage note for Altamira Gold

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

Altamira Gold Short Properties

Altamira Gold's future price predictability will typically decrease when Altamira Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altamira Gold Corp often depends not only on the future outlook of the potential Altamira Gold'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. Altamira Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding162.7 M

Complementary Tools for Altamira Pink Sheet analysis

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