New Age Metals Stock Price Prediction
| NAM Stock | CAD 0.1 0.01 5.00% |
Oversold Vs Overbought
46
Oversold | Overbought |
Wall Street Target Price 0.76 |
Using New Age hype-based prediction, you can estimate the value of New Age Metals from the perspective of New Age 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 New Age to buy its stock at a price that has no basis in reality. In that case, they are not buying New 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.
New Age after-hype prediction price | CAD 0.1 |
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.
New |
New Age After-Hype Price Prediction Density Analysis
As far as predicting the price of New Age 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 New Age 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 New Age, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
New Age Estimiated After-Hype Price Volatility
In the context of predicting New Age's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on New Age's historical news coverage. New Age's after-hype downside and upside margins for the prediction period are 0.01 and 9.05, respectively. We have considered New Age'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
New Age is out of control at this time. Analysis and calculation of next after-hype price of New Age Metals is based on 3 months time horizon.
New Age Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as New Age is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Age 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 New Age, 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 |
0.15 | 8.95 | 0.00 | 0.01 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.1 | 0.10 | 5.26 |
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New Age Hype Timeline
New Age Metals is now traded for 0.1on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. New is estimated to increase in value after the next headline, with the price projected to jump to 0.1 or above. The average volatility of media hype impact on the company the price is insignificant. The price increase on the next news is anticipated to be 5.26%, whereas the daily expected return is now at 0.15%. The volatility of related hype on New Age is about 22375.0%, with the expected price after the next announcement by competition of 0.11. New Age Metals has accumulated about 1.33 M in cash with (1.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. Assuming the 90 days horizon the next estimated press release will be very soon. Check out New Age Basic Forecasting Models to cross-verify your projections.New Age Related Hype Analysis
Having access to credible news sources related to New Age's direct competition is more important than ever and may enhance your ability to predict New Age's future price movements. Getting to know how New Age'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 New Age may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AG | First Majestic Silver | 0.05 | 4 per month | 2.89 | 0.03 | 6.12 | (4.50) | 19.85 | |
| IE | Ivanhoe Energy | 0.10 | 1 per month | 2.84 | 0.11 | 5.97 | (4.72) | 19.82 | |
| ORE | Orezone Gold Corp | 0.01 | 1 per month | 0.00 | (0.10) | 5.19 | (6.49) | 18.09 | |
| FDY | Faraday Copper Corp | 0.04 | 1 per month | 1.65 | 0.02 | 3.37 | (2.67) | 9.12 | |
| INFM | Infinico Metals Corp | 0.00 | 2 per month | 0.00 | (0.05) | 0.00 | (16.67) | 82.86 |
New Age Additional Predictive Modules
Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New 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 | ||
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About New Age Predictive Indicators
The successful prediction of New Age 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 New Age Metals, 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 New Age based on analysis of New Age hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to New Age's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to New Age's related companies. | 2023 | 2024 (projected) | Payables Turnover | 0.0324 | 0.0308 | Days Of Inventory On Hand | 0.0128 | 0.0122 |
Story Coverage note for New Age
The number of cover stories for New Age depends on current market conditions and New Age's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Age 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 New Age'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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New Age Short Properties
New Age's future price predictability will typically decrease when New Age's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of New Age Metals often depends not only on the future outlook of the potential New Age'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. New Age's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55.6 M |
Additional Tools for New Stock Analysis
When running New Age's price analysis, check to measure New Age'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 New Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.