First Mining Gold Stock Price Prediction

FFMGF Stock  USD 0.09  0.01  5.21%   
As of 25th of November 2024, the value of RSI of First Mining's share price is approaching 30. This usually indicates that the otc stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling First Mining, making its price go up or down.

Oversold Vs Overbought

30

 
Oversold
 
Overbought
First Mining Gold stock price prediction is an act of determining the future value of First Mining shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of First Mining'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 First Mining and does not consider all of the tangible or intangible factors available from First Mining's fundamental data. We analyze noise-free headlines and recent hype associated with First Mining Gold, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of First Mining based on different types of headlines from major news networks to social media. Using First Mining hype-based prediction, you can estimate the value of First Mining Gold from the perspective of First Mining response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in First Mining. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in First Mining to buy its otc stock at a price that has no basis in reality. In that case, they are not buying First 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 otc stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

First Mining 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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out First Mining Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.000.085.29
Details
Naive
Forecast
LowNextHigh
00.15.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.090.10.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Mining. Your research has to be compared to or analyzed against First Mining's peers to derive any actionable benefits. When done correctly, First Mining'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 First Mining Gold.

First Mining After-Hype Price Prediction Density Analysis

As far as predicting the price of First 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 First 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 OTC Stock prices, such as prices of First Mining, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

First Mining Estimiated After-Hype Price Volatility

In the context of predicting First Mining's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Mining's historical news coverage. First Mining's after-hype downside and upside margins for the prediction period are 0.00 and 5.30, respectively. We have considered First 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
0.09
0.09
After-hype Price
5.30
Upside
First Mining is out of control at this time. Analysis and calculation of next after-hype price of First Mining Gold is based on 3 months time horizon.

First Mining OTC Stock Price Prediction Analysis

Have you ever been surprised when a price of a OTC Stock such as First Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First 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 OTC 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 First Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
5.21
 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
1.10 
0.00  
Notes

First Mining Hype Timeline

First Mining Gold 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. First is forecasted 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 -1.1%, whereas the daily expected return is currently at -0.02%. The volatility of related hype on First Mining is about 156300.0%, with the expected price after the next announcement by competition of 0.09. The company has price-to-book (P/B) ratio of 0.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Mining Gold recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in a few days.
Check out First Mining Basic Forecasting Models to cross-verify your projections.

First Mining Related Hype Analysis

Having access to credible news sources related to First Mining's direct competition is more important than ever and may enhance your ability to predict First Mining's future price movements. Getting to know how First 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 First Mining 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
OSIIFOsino Resources Corp 0.00 0 per month 0.83 (0.01) 1.60 (1.57) 6.84 
AIRRFAurion Resources 0.00 0 per month 2.93 (0.04) 5.13 (6.12) 15.14 
ORZCFOrezone Gold Corp 0.00 0 per month 0.00 (0.09) 5.36 (6.67) 22.11 
RIOFFRio2 Limited 0.00 0 per month 2.24  0.06  5.77 (4.26) 16.67 
NRRSFNorsemont Mining 0.00 0 per month 4.64  0.16  18.16 (10.00) 59.70 
CNLMFCollective Mining 0.00 0 per month 2.66  0.11  8.58 (4.73) 23.84 
BBSRFBluestone Resources 0.00 0 per month 4.23  0  10.00 (8.00) 30.95 
DCCNFDacian Gold Limited 0.00 0 per month 0.00  0.04  6.94  0.00  36.26 
ECRFFCartier Resources 0.00 0 per month 7.80  0.12  25.00 (20.00) 45.00 
GANDFGander Gold 0.00 0 per month 0.00 (0.04) 7.69 (7.14) 79.39 
SICNFSokoman Minerals Corp 0.00 0 per month 8.19 (0.01) 14.94 (16.26) 37.33 
BONXFBonterra Resources 0.00 0 per month 0.00 (0.09) 5.88 (10.00) 21.11 
NKOSFLabrador Gold Corp 0.00 0 per month 0.00 (0.05) 13.21 (13.88) 32.11 
PREIFPrecipitate Gold Corp 0.00 0 per month 6.70  0.01  12.38 (11.67) 31.86 
AKAVFEnviroTek Remediation 0.00 0 per month 11.46  0.12  13.33 (11.43) 2,630 
FRERFFremont Gold 0.00 0 per month 8.18  0.07  21.95 (20.67) 67.94 
KNTNFK92 Mining 0.00 0 per month 2.34  0.07  5.11 (4.20) 22.74 
IAUXI 80 Gold Corp(0.07)3 per month 0.00 (0.03) 10.28 (4.72) 66.32 
TSRMFTreasury Metals 0.00 0 per month 3.99  0.06  7.14 (6.25) 26.25 
MEAUFMoneta Gold 0.00 0 per month 0.00 (0.09) 3.85 (4.35) 16.09 
KRRGFKarora Resources 0.00 0 per month 2.00  0.1  3.44 (3.19) 11.18 

First Mining Additional Predictive Modules

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

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

Story Coverage note for First Mining

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

First Mining Short Properties

First Mining's future price predictability will typically decrease when First Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of First Mining Gold often depends not only on the future outlook of the potential First Mining'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. First Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding707.8 M

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When running First Mining's price analysis, check to measure First 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 First Mining is operating at the current time. Most of First Mining's value examination focuses on studying past and present price action to predict the probability of First 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 First Mining's price. Additionally, you may evaluate how the addition of First Mining to your portfolios can decrease your overall portfolio volatility.
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