Platinum Group Metals Stock Price Prediction
| PTM Stock | CAD 2.25 0.17 7.02% |
Oversold Vs Overbought
43
Oversold | Overbought |
EPS Estimate Current Year (0.08) | EPS Estimate Next Year (0.05) | Wall Street Target Price 2.8833 |
Using Platinum Group hype-based prediction, you can estimate the value of Platinum Group Metals from the perspective of Platinum Group 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 Platinum Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Platinum 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.
Platinum Group after-hype prediction price | CAD 2.22 |
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.
Platinum |
Platinum Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Platinum Group 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 Platinum Group 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 Platinum Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Platinum Group Estimiated After-Hype Price Volatility
In the context of predicting Platinum Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Platinum Group's historical news coverage. Platinum Group's after-hype downside and upside margins for the prediction period are 0.11 and 7.11, respectively. We have considered Platinum Group'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
Platinum Group is dangerous at this time. Analysis and calculation of next after-hype price of Platinum Group Metals is based on 3 months time horizon.
Platinum Group Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Platinum Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Platinum Group 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 Platinum Group, 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 |
0.55 | 4.93 | 0.03 | 0.01 | 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 | ||
2.25 | 2.22 | 1.33 |
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Platinum Group Hype Timeline
Platinum Group Metals is at this time traded for 2.25on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.01. Platinum is expected to decline in value after the next headline, with the price expected to drop to 2.22. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -1.33%, whereas the daily expected return is at this time at 0.55%. The volatility of related hype on Platinum Group is about 49300.0%, with the expected price after the next announcement by competition of 2.26. About 26.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.08. Platinum Group Metals last dividend was issued on the 17th of December 2018. The entity had 1:10 split on the 17th of December 2018. Assuming the 90 days trading horizon the next expected press release will be in a few days. Check out Platinum Group Basic Forecasting Models to cross-verify your projections.Platinum Group Related Hype Analysis
Having access to credible news sources related to Platinum Group's direct competition is more important than ever and may enhance your ability to predict Platinum Group's future price movements. Getting to know how Platinum Group'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 Platinum Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ELR | Eastern Platinum Limited | 0.01 | 3 per month | 4.37 | 0.04 | 12.50 | (6.67) | 32.54 | |
| ETG | Entree Resources | 0.02 | 3 per month | 2.23 | 0.12 | 5.24 | (3.65) | 19.87 | |
| SLR | Solitario Exploration Royalty | 0.00 | 1 per month | 0.00 | (0.12) | 5.05 | (6.73) | 23.58 | |
| MSV | Minco Silver | 0.00 | 0 per month | 3.41 | 0.01 | 6.25 | (5.88) | 21.11 | |
| USA | Americas Silver Corp | 0.02 | 1 per month | 4.22 | 0.1 | 10.91 | (7.89) | 30.49 |
Platinum Group Additional Predictive Modules
Most predictive techniques to examine Platinum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Platinum using various technical indicators. When you analyze Platinum 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 Platinum Group Predictive Indicators
The successful prediction of Platinum Group 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 Platinum Group 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 Platinum Group based on analysis of Platinum Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Platinum Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Platinum Group's related companies. | 2023 | 2024 (projected) | Graham Number | 0.66 | 0.63 | Receivables Turnover | 0.0935 | 0.08 |
Story Coverage note for Platinum Group
The number of cover stories for Platinum Group depends on current market conditions and Platinum Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Platinum Group 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 Platinum Group'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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Platinum Group Short Properties
Platinum Group's future price predictability will typically decrease when Platinum Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Platinum Group Metals often depends not only on the future outlook of the potential Platinum Group'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. Platinum Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.9 M | |
| Cash And Short Term Investments | 7 M |
Check out Platinum Group Basic Forecasting Models to cross-verify your projections. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.