Methanex Stock Price Prediction
| MX Stock | CAD 65.57 1.31 2.04% |
Oversold Vs Overbought
61
Oversold | Overbought |
Quarterly Earnings Growth (0.02) | EPS Estimate Current Year 3.2678 | EPS Estimate Next Year 4.0011 | Wall Street Target Price 48.356 | EPS Estimate Current Quarter 0.72 |
Using Methanex hype-based prediction, you can estimate the value of Methanex from the perspective of Methanex 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 Methanex to buy its stock at a price that has no basis in reality. In that case, they are not buying Methanex 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.
Methanex after-hype prediction price | CAD 65.73 |
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.
Methanex |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Methanex'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.
Methanex After-Hype Price Prediction Density Analysis
As far as predicting the price of Methanex 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 Methanex 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 Methanex, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Methanex Estimiated After-Hype Price Volatility
In the context of predicting Methanex's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Methanex's historical news coverage. Methanex's after-hype downside and upside margins for the prediction period are 63.46 and 68.00, respectively. We have considered Methanex'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
Methanex is very steady at this time. Analysis and calculation of next after-hype price of Methanex is based on 3 months time horizon.
Methanex Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Methanex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Methanex 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 Methanex, 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 |
0.12 | 2.27 | 0.16 | 0.11 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
65.57 | 65.73 | 0.24 |
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Methanex Hype Timeline
Methanex is now traded for 65.57on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.16, and average elasticity to hype of competition of 0.11. Methanex is anticipated to increase in value after the next headline, with the price projected to jump to 65.73 or above. The average volatility of media hype impact on the company the price is about 174.62%. The price boost on the next news is estimated to be 0.24%, whereas the daily expected return is now at 0.12%. The volatility of related hype on Methanex is about 256.79%, with the expected price after the next announcement by competition of 65.68. The company reported the revenue of 3.72 B. Net Income was 284.12 M with profit before overhead, payroll, taxes, and interest of 947.19 M. Assuming the 90 days horizon the next anticipated press release will be in a few days. Check out Methanex Basic Forecasting Models to cross-verify your projections.Methanex Related Hype Analysis
Having access to credible news sources related to Methanex's direct competition is more important than ever and may enhance your ability to predict Methanex's future price movements. Getting to know how Methanex'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 Methanex may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FTT | Finning International | (0.25) | 3 per month | 0.00 | (0.09) | 3.30 | (2.43) | 14.51 | |
| KEY | Keyera Corp | 0.25 | 2 per month | 0.00 | 0.19 | 1.91 | (0.83) | 3.86 | |
| LNR | Linamar | 2.13 | 3 per month | 0.00 | (0.09) | 1.83 | (2.45) | 6.35 | |
| RUS | Russel Metals | 1.44 | 3 per month | 1.26 | 0.07 | 2.87 | (2.67) | 8.70 | |
| CCL-B | CCL Industries | 0.85 | 3 per month | 1.14 | (0.1) | 1.79 | (1.64) | 5.21 |
Methanex Additional Predictive Modules
Most predictive techniques to examine Methanex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Methanex using various technical indicators. When you analyze Methanex 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 Methanex Predictive Indicators
The successful prediction of Methanex 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 Methanex, 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 Methanex based on analysis of Methanex hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Methanex's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Methanex's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008119 | 0.0156 | 0.0154 | 0.0255 | Price To Sales Ratio | 0.68 | 0.63 | 0.85 | 1.43 |
Story Coverage note for Methanex
The number of cover stories for Methanex depends on current market conditions and Methanex's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Methanex 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 Methanex'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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Methanex Short Properties
Methanex's future price predictability will typically decrease when Methanex's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Methanex often depends not only on the future outlook of the potential Methanex'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. Methanex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.8 M | |
| Cash And Short Term Investments | 458 M |
Check out Methanex Basic Forecasting Models to cross-verify your projections. To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.