Fury Gold Mines Stock Price Prediction
FURY Stock | CAD 0.60 0.03 5.26% |
Oversold Vs Overbought
36
Oversold | Overbought |
EPS Estimate Current Year (0.08) | EPS Estimate Next Year (0.09) | Wall Street Target Price 1.5 |
Using Fury Gold hype-based prediction, you can estimate the value of Fury Gold Mines from the perspective of Fury 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 Fury Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying Fury 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.
Fury Gold after-hype prediction price | CAD 0.59 |
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.
Fury |
Fury Gold After-Hype Price Prediction Density Analysis
As far as predicting the price of Fury 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 Fury 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 Stock prices, such as prices of Fury Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Fury Gold Estimiated After-Hype Price Volatility
In the context of predicting Fury Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fury Gold's historical news coverage. Fury Gold's after-hype downside and upside margins for the prediction period are 0.03 and 3.16, respectively. We have considered Fury 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
Fury Gold is extremely dangerous at this time. Analysis and calculation of next after-hype price of Fury Gold Mines is based on 3 months time horizon.
Fury Gold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Fury Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fury 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 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 Fury Gold, 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 |
0.29 | 2.57 | 0.01 | 0.00 | 3 Events / Month | 1 Events / Month | In about 3 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.60 | 0.59 | 1.67 |
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Fury Gold Hype Timeline
Fury Gold Mines is currently traded for 0.60on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Fury is estimated to decline in value after the next headline, with the price expected to drop to 0.59. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -1.67%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Fury Gold is about 85666.67%, with the expected price after the next announcement by competition of 0.60. About 14.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fury Gold Mines recorded a loss per share of 0.09. The entity last dividend was issued on the 13th of October 2020. The firm had 675:1000 split on the 13th of October 2020. Assuming the 90 days trading horizon the next estimated press release will be in about 3 days. Check out Fury Gold Basic Forecasting Models to cross-verify your projections.Fury Gold Related Hype Analysis
Having access to credible news sources related to Fury Gold's direct competition is more important than ever and may enhance your ability to predict Fury Gold's future price movements. Getting to know how Fury 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 Fury Gold may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
TSLV | Tier One Silver | (0.01) | 2 per month | 4.56 | (0.01) | 15.79 | (9.09) | 27.65 | |
LGD | Liberty Gold Corp | 0.02 | 3 per month | 0.00 | (0.09) | 6.67 | (6.67) | 20.09 | |
GOLD | GoldMining | 0.01 | 2 per month | 1.58 | 0 | 4.92 | (2.92) | 11.70 | |
FF | First Mining Gold | (0.01) | 2 per month | 3.82 | (0.03) | 7.69 | (7.14) | 26.79 | |
ARIS | Aris Gold Corp | (0.03) | 4 per month | 0.00 | (0.07) | 4.97 | (4.83) | 14.89 |
Fury Gold Additional Predictive Modules
Most predictive techniques to examine Fury price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fury using various technical indicators. When you analyze Fury 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 Fury Gold Predictive Indicators
The successful prediction of Fury 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 Fury Gold Mines, 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 Fury Gold based on analysis of Fury Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fury Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fury Gold's related companies.
Story Coverage note for Fury Gold
The number of cover stories for Fury Gold depends on current market conditions and Fury 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 Fury 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 Fury Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Fury Gold Short Properties
Fury Gold's future price predictability will typically decrease when Fury Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fury Gold Mines often depends not only on the future outlook of the potential Fury 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. Fury Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 144.2 M | |
Cash And Short Term Investments | 8.5 M |
Check out Fury Gold Basic Forecasting Models to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.