Eskay Mining Corp Stock Price Patterns
| ESKYF Stock | USD 0.51 0.01 1.92% |
Momentum 83
Buy Peaked
Oversold | Overbought |
Using Eskay Mining hype-based prediction, you can estimate the value of Eskay Mining Corp from the perspective of Eskay Mining 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 Eskay Mining to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Eskay 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.
Eskay Mining after-hype prediction price | USD 0.52 |
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.
Eskay |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eskay Mining'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.
Eskay Mining After-Hype Price Density Analysis
As far as predicting the price of Eskay Mining 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 Eskay Mining 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 Eskay Mining, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eskay Mining Estimiated After-Hype Price Volatility
In the context of predicting Eskay Mining's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eskay Mining's historical news coverage. Eskay Mining's after-hype downside and upside margins for the prediction period are 0.03 and 11.79, respectively. We have considered Eskay Mining'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
Eskay Mining is out of control at this time. Analysis and calculation of next after-hype price of Eskay Mining Corp is based on 3 months time horizon.
Eskay Mining Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Eskay Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eskay Mining 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 Eskay Mining, 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 |
2.08 | 11.28 | 0.00 | 0.52 | 0 Events / Month | 5 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.51 | 0.52 | 0.00 |
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Eskay Mining Hype Timeline
Eskay Mining Corp is currently traded for 0.51. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.52. Eskay is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 2.08%. %. The volatility of related hype on Eskay Mining is about 4482.12%, with the expected price after the next announcement by competition of 1.03. About 17.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.13. Eskay Mining Corp had not issued any dividends in recent years. Assuming the 90 days horizon the next anticipated press release will be in a few days. Check out Eskay Mining Basic Forecasting Models to cross-verify your projections.Eskay Mining Related Hype Analysis
Having access to credible news sources related to Eskay Mining's direct competition is more important than ever and may enhance your ability to predict Eskay Mining's future price movements. Getting to know how Eskay Mining'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 Eskay Mining may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NG | NovaGold Resources | 0.43 | 9 per month | 2.60 | 0.11 | 5.97 | (4.93) | 16.31 | |
| CGAU | Centerra Gold | 0.38 | 10 per month | 1.61 | 0.30 | 5.00 | (2.88) | 14.92 | |
| KNF | Knife River | 1.89 | 9 per month | 2.26 | 0.05 | 3.85 | (3.28) | 16.62 | |
| PRM | Perimeter Solutions SA | (0.19) | 10 per month | 2.49 | 0.07 | 3.38 | (2.84) | 30.19 | |
| SMG | Scotts Miracle Gro | 2.73 | 33 per month | 1.64 | 0.09 | 3.19 | (3.22) | 7.91 | |
| FUL | H B Fuller | (3.73) | 9 per month | 0.00 | (0.04) | 3.48 | (2.38) | 8.23 |
Eskay Mining Additional Predictive Modules
Most predictive techniques to examine Eskay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eskay using various technical indicators. When you analyze Eskay 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 |
About Eskay Mining Predictive Indicators
The successful prediction of Eskay Mining 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 Eskay Mining 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 Eskay Mining based on analysis of Eskay Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eskay Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eskay Mining's related companies.
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Complementary Tools for Eskay Pink Sheet analysis
When running Eskay Mining's price analysis, check to measure Eskay Mining'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 Eskay Mining is operating at the current time. Most of Eskay Mining's value examination focuses on studying past and present price action to predict the probability of Eskay Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eskay Mining's price. Additionally, you may evaluate how the addition of Eskay Mining to your portfolios can decrease your overall portfolio volatility.
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