Scope Metals (Israel) Price Prediction

SCOP Stock  ILA 13,490  200.00  1.50%   
The value of RSI of Scope Metals' the stock price is about 63. This usually implies that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Scope, making its price go up or down.

Oversold Vs Overbought

63

 
Oversold
 
Overbought
The successful prediction of Scope Metals' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Scope Metals Group, which may create opportunities for some arbitrage if properly timed.
Using Scope Metals hype-based prediction, you can estimate the value of Scope Metals Group from the perspective of Scope Metals 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 Scope Metals to buy its stock at a price that has no basis in reality. In that case, they are not buying Scope 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.

Scope Metals after-hype prediction price

    
  ILA 13490.0  
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.
  
Check out Scope Metals Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
10,63010,63214,839
Details
Naive
Forecast
LowNextHigh
13,94813,95013,952
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10,24311,89913,555
Details

Scope Metals After-Hype Price Prediction Density Analysis

As far as predicting the price of Scope Metals 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 Scope Metals 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 Scope Metals, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Scope Metals Estimiated After-Hype Price Volatility

In the context of predicting Scope Metals' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Scope Metals' historical news coverage. Scope Metals' after-hype downside and upside margins for the prediction period are 13,488 and 13,492, respectively. We have considered Scope Metals' 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
13,490
13,488
Downside
13,490
After-hype Price
13,492
Upside
Scope Metals is very steady at this time. Analysis and calculation of next after-hype price of Scope Metals Group is based on 3 months time horizon.

Scope Metals Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Scope Metals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Scope Metals 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 Scope Metals, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.59 
2.35
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13,490
13,490
0.00 
0.00  
Notes

Scope Metals Hype Timeline

Scope Metals Group is at this time traded for 13,490on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Scope is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.59%. %. The volatility of related hype on Scope Metals is about 0.0%, with the expected price after the next announcement by competition of 13,490. About 42.0% of the company outstanding shares are owned by corporate insiders. The book value of Scope Metals was at this time reported as 60.94. The company recorded earning per share (EPS) of 19.5. Scope Metals Group last dividend was issued on the 12th of January 2022. Assuming the 90 days trading horizon the next forecasted press release will be within a week.
Check out Scope Metals Basic Forecasting Models to cross-verify your projections.

Scope Metals Related Hype Analysis

Having access to credible news sources related to Scope Metals' direct competition is more important than ever and may enhance your ability to predict Scope Metals' future price movements. Getting to know how Scope Metals' 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 Scope Metals may potentially react to the hype associated with one of its peers.

Scope Metals Additional Predictive Modules

Most predictive techniques to examine Scope price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Scope using various technical indicators. When you analyze Scope 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.

About Scope Metals Predictive Indicators

The successful prediction of Scope Metals 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 Scope Metals Group, 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 Scope Metals based on analysis of Scope Metals hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Scope Metals's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Scope Metals's related companies.

Story Coverage note for Scope Metals

The number of cover stories for Scope Metals depends on current market conditions and Scope Metals' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Scope Metals 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 Scope Metals' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Scope Metals Short Properties

Scope Metals' future price predictability will typically decrease when Scope Metals' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Scope Metals Group often depends not only on the future outlook of the potential Scope Metals' 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. Scope Metals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding11.5 M

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When running Scope Metals' price analysis, check to measure Scope Metals' 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 Scope Metals is operating at the current time. Most of Scope Metals' value examination focuses on studying past and present price action to predict the probability of Scope Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scope Metals' price. Additionally, you may evaluate how the addition of Scope Metals to your portfolios can decrease your overall portfolio volatility.
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