Damara Gold Corp Stock Price Patterns
| SLMZF Stock | USD 0.06 0.01 14.29% |
Momentum 39
Sell Extended
Oversold | Overbought |
Using Damara Gold hype-based prediction, you can estimate the value of Damara Gold Corp from the perspective of Damara Gold 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 Damara Gold to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Damara 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.
Damara Gold after-hype prediction price | USD 0.06 |
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.
Damara |
Damara Gold After-Hype Price Density Analysis
As far as predicting the price of Damara Gold 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 Damara Gold 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 Damara Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Damara Gold Estimiated After-Hype Price Volatility
In the context of predicting Damara Gold's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Damara Gold's historical news coverage. Damara Gold's after-hype downside and upside margins for the prediction period are 0.00 and 53.06, respectively. We have considered Damara Gold'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
Damara Gold is out of control at this time. Analysis and calculation of next after-hype price of Damara Gold Corp is based on 3 months time horizon.
Damara Gold Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Damara Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Damara Gold 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 Damara Gold, 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 |
13.58 | 66.00 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.06 | 0.06 | 0.00 |
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Damara Gold Hype Timeline
Damara Gold Corp is at this time traded for 0.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Damara 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 13.58%. %. The volatility of related hype on Damara Gold is about 0.0%, with the expected price after the next announcement by competition of 0.06. About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.81. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Damara Gold Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 1st of October 2014. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Damara Gold Basic Forecasting Models to cross-verify your projections.Damara Gold Related Hype Analysis
Having access to credible news sources related to Damara Gold's direct competition is more important than ever and may enhance your ability to predict Damara Gold's future price movements. Getting to know how Damara Gold'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 Damara Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HWTHF | Wildsky Resources | 0.00 | 0 per month | 0.00 | 0.14 | 2.33 | 0.00 | 519.05 | |
| KMDRF | Kermode Resources | 0.00 | 0 per month | 0.00 | 0.15 | 0.00 | 0.00 | 151.25 | |
| GBRIF | Golden Band Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RCCMF | Nippon Dragon Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MGIDF | Magnum Goldcorp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CGCO | Commerce Group Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AVRTF | Avarone Metals | 0.00 | 0 per month | 0.00 | 0.15 | 0.00 | 0.00 | 463.38 | |
| QGRSF | Q2 Gold Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GBGD | Global Gold | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 99.93 | |
| NWGC | New World Gold | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Damara Gold Additional Predictive Modules
Most predictive techniques to examine Damara price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Damara using various technical indicators. When you analyze Damara 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 Damara Gold Predictive Indicators
The successful prediction of Damara Gold 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 Damara Gold 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 Damara Gold based on analysis of Damara Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Damara Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Damara Gold's related companies.
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Complementary Tools for Damara Pink Sheet analysis
When running Damara Gold's price analysis, check to measure Damara Gold'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 Damara Gold is operating at the current time. Most of Damara Gold's value examination focuses on studying past and present price action to predict the probability of Damara Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Damara Gold's price. Additionally, you may evaluate how the addition of Damara Gold to your portfolios can decrease your overall portfolio volatility.
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