Sun Summit Minerals Stock Price Prediction

SMN Stock  CAD 0.14  0.01  6.67%   
At this time, the relative strength momentum indicator of Sun Summit's share price is approaching 36. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Sun Summit, making its price go up or down.

Oversold Vs Overbought

36

 
Oversold
 
Overbought
The successful prediction of Sun Summit's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Sun Summit and does not consider all of the tangible or intangible factors available from Sun Summit's fundamental data. We analyze noise-free headlines and recent hype associated with Sun Summit Minerals, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Sun Summit's stock price prediction:
Wall Street Target Price
0.35
Using Sun Summit hype-based prediction, you can estimate the value of Sun Summit Minerals from the perspective of Sun Summit 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 Sun Summit to buy its stock at a price that has no basis in reality. In that case, they are not buying Sun 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.

Sun Summit after-hype prediction price

    
  CAD 0.14  
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 Sun Summit Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.010.1310.73
Details
Naive
Forecast
LowNextHigh
00.1510.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.130.140.15
Details

Sun Summit After-Hype Price Prediction Density Analysis

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

Sun Summit Estimiated After-Hype Price Volatility

In the context of predicting Sun Summit's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sun Summit's historical news coverage. Sun Summit's after-hype downside and upside margins for the prediction period are 0.01 and 10.74, respectively. We have considered Sun Summit'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
0.14
0.14
After-hype Price
10.74
Upside
Sun Summit is out of control at this time. Analysis and calculation of next after-hype price of Sun Summit Minerals is based on 3 months time horizon.

Sun Summit Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Sun Summit is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sun Summit 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 Sun Summit, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
10.60
 0.00  
 0.00  
2 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.14
0.14
0.00 
26,500  
Notes

Sun Summit Hype Timeline

Sun Summit Minerals is at this time traded for 0.14on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sun is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Sun Summit is about 106000.0%, with the expected price after the next announcement by competition of 0.14. The book value of the company was at this time reported as 0.04. The company recorded a loss per share of 0.1. Sun Summit Minerals last dividend was issued on the 23rd of September 2019. The entity had 1:3 split on the 8th of February 2024. Assuming the 90 days horizon the next estimated press release will be in a few days.
Check out Sun Summit Basic Forecasting Models to cross-verify your projections.

Sun Summit Related Hype Analysis

Having access to credible news sources related to Sun Summit's direct competition is more important than ever and may enhance your ability to predict Sun Summit's future price movements. Getting to know how Sun Summit'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 Sun Summit may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FREFremont Gold 0.01 2 per month 5.71  0.08  18.18 (13.04) 54.04 

Sun Summit Additional Predictive Modules

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

The successful prediction of Sun Summit 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 Sun Summit Minerals, 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 Sun Summit based on analysis of Sun Summit hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Sun Summit's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Sun Summit's related companies.
 2023 2024 (projected)
Days Sales Outstanding63.9463.82
PTB Ratio0.05950.0565

Story Coverage note for Sun Summit

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Sun Summit Short Properties

Sun Summit's future price predictability will typically decrease when Sun Summit's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sun Summit Minerals often depends not only on the future outlook of the potential Sun Summit'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. Sun Summit's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding30.9 M
Cash And Short Term Investments881.5 K

Additional Tools for Sun Stock Analysis

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