Jericho Oil Corp Stock Price Prediction
| JROOF Stock | USD 0.09 0.0001 0.11% |
Oversold Vs Overbought
57
Oversold | Overbought |
Using Jericho Oil hype-based prediction, you can estimate the value of Jericho Oil Corp from the perspective of Jericho Oil 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 Jericho Oil to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Jericho 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.
Jericho Oil 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.
Jericho |
Jericho Oil After-Hype Price Prediction Density Analysis
As far as predicting the price of Jericho Oil 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 Jericho Oil 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 Jericho Oil, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Jericho Oil Estimiated After-Hype Price Volatility
In the context of predicting Jericho Oil's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Jericho Oil's historical news coverage. Jericho Oil's after-hype downside and upside margins for the prediction period are 0.00 and 7.45, respectively. We have considered Jericho Oil'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
Jericho Oil is out of control at this time. Analysis and calculation of next after-hype price of Jericho Oil Corp is based on 3 months time horizon.
Jericho Oil Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Jericho Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Jericho Oil 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 Jericho Oil, 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 |
0.06 | 7.36 | 0.00 | 0.02 | 0 Events / Month | 4 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.09 | 0.09 | 0.11 |
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Jericho Oil Hype Timeline
Jericho Oil Corp is currently traded for 0.09. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. Jericho is estimated 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 -0.11%, whereas the daily expected return is currently at -0.06%. The volatility of related hype on Jericho Oil is about 2143.69%, with the expected price after the next announcement by competition of 0.11. About 30.0% of the company shares are held by company insiders. The book value of Jericho Oil was currently reported as 0.1. The company recorded a loss per share of 0.03. Jericho Oil Corp had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Jericho Oil Basic Forecasting Models to cross-verify your projections.Jericho Oil Related Hype Analysis
Having access to credible news sources related to Jericho Oil's direct competition is more important than ever and may enhance your ability to predict Jericho Oil's future price movements. Getting to know how Jericho Oil'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 Jericho Oil may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PR | Permian Resources | 0.16 | 7 per month | 1.94 | 0.05 | 2.90 | (3.33) | 7.95 | |
| DVN | Devon Energy | (0.09) | 11 per month | 0.00 | (0.15) | 2.17 | (2.95) | 7.21 | |
| EOG | EOG Resources | 0.31 | 8 per month | 1.36 | 0.01 | 2.49 | (2.88) | 7.05 | |
| CTRA | Coterra Energy | 0.08 | 11 per month | 1.27 | 0.08 | 2.27 | (1.94) | 8.03 | |
| FANG | Diamondback Energy | 1.23 | 10 per month | 0.00 | (0.07) | 3.00 | (3.91) | 9.60 | |
| COP | ConocoPhillips | 0.37 | 9 per month | 1.51 | (0.05) | 2.59 | (3.24) | 7.92 |
Jericho Oil Additional Predictive Modules
Most predictive techniques to examine Jericho price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Jericho using various technical indicators. When you analyze Jericho 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 Jericho Oil Predictive Indicators
The successful prediction of Jericho Oil 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 Jericho Oil 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 Jericho Oil based on analysis of Jericho Oil hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Jericho Oil's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Jericho Oil's related companies.
Story Coverage note for Jericho Oil
The number of cover stories for Jericho Oil depends on current market conditions and Jericho Oil's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Jericho Oil 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 Jericho Oil'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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Jericho Oil Short Properties
Jericho Oil's future price predictability will typically decrease when Jericho Oil's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Jericho Oil Corp often depends not only on the future outlook of the potential Jericho Oil'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. Jericho Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 222.4 M |
Complementary Tools for Jericho Pink Sheet analysis
When running Jericho Oil's price analysis, check to measure Jericho Oil'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 Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.
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