Angang Steel (China) Price Prediction
| 000898 Stock | 2.28 0.03 1.30% |
Oversold Vs Overbought
36
Oversold | Overbought |
Quarterly Earnings Growth (0.94) | EPS Estimate Current Year (0.39) | EPS Estimate Next Year (0.13) | Wall Street Target Price 2.4 | Quarterly Revenue Growth (0.08) |
Using Angang Steel hype-based prediction, you can estimate the value of Angang Steel Co from the perspective of Angang Steel 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 Angang Steel to buy its stock at a price that has no basis in reality. In that case, they are not buying Angang 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.
Angang Steel after-hype prediction price | CNY 2.28 |
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.
Angang |
Angang Steel After-Hype Price Prediction Density Analysis
As far as predicting the price of Angang Steel 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 Angang Steel 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 Angang Steel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Angang Steel Estimiated After-Hype Price Volatility
In the context of predicting Angang Steel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Angang Steel's historical news coverage. Angang Steel's after-hype downside and upside margins for the prediction period are 0.11 and 4.45, respectively. We have considered Angang Steel'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
Angang Steel is unstable at this time. Analysis and calculation of next after-hype price of Angang Steel is based on 3 months time horizon.
Angang Steel Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Angang Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Angang Steel 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 Angang Steel, 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 |
0.01 | 2.17 | 0.00 | 0.00 | 2 Events / Month | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.28 | 2.28 | 0.00 |
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Angang Steel Hype Timeline
Angang Steel is presently traded for 2.28on Shenzhen Stock Exchange of China. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Angang 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.01%. %. The volatility of related hype on Angang Steel is about 6200.0%, with the expected price after the next announcement by competition of 2.28. About 76.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.44. In the past many companies with similar price-to-book ratios have beat the market. Angang Steel has Price/Earnings To Growth (PEG) ratio of 0.23. The entity recorded a loss per share of 0.66. The firm last dividend was issued on the 27th of June 2023. Angang Steel had 1.3:1 split on the 28th of June 2019. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Angang Steel Basic Forecasting Models to cross-verify your projections.Angang Steel Related Hype Analysis
Having access to credible news sources related to Angang Steel's direct competition is more important than ever and may enhance your ability to predict Angang Steel's future price movements. Getting to know how Angang Steel'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 Angang Steel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 601899 | Zijin Mining Group | (0.16) | 4 per month | 0.00 | (0.08) | 3.18 | (3.21) | 7.47 | |
| 600309 | Wanhua Chemical Group | 1.60 | 3 per month | 0.00 | (0.14) | 2.16 | (2.42) | 6.17 | |
| 600019 | Baoshan Iron Steel | (0.01) | 2 per month | 1.44 | (0.01) | 2.45 | (2.60) | 7.96 | |
| 600547 | Shandong Gold Mining | 0.19 | 4 per month | 0.00 | (0.19) | 1.98 | (2.58) | 5.78 | |
| 002493 | Rongsheng Petrochemical Co | 0.08 | 1 per month | 0.00 | (0.05) | 2.10 | (2.11) | 6.90 | |
| 600010 | Inner Mongolia BaoTou | (0.04) | 1 per month | 1.83 | 0.06 | 4.17 | (3.06) | 15.26 | |
| 002460 | Jiangxi Ganfeng Lithium | 0.00 | 0 per month | 2.67 | 0.07 | 6.03 | (4.00) | 16.45 | |
| 600160 | Zhejiang Juhua Co | 0.00 | 0 per month | 1.72 | 0.18 | 4.76 | (3.43) | 10.51 | |
| 603260 | Hoshine Silicon Ind | (1.94) | 2 per month | 1.70 | 0.01 | 2.76 | (3.48) | 14.15 | |
| 000807 | Yunnan Aluminium Co | (0.07) | 1 per month | 1.98 | 0.09 | 5.25 | (3.17) | 11.84 |
Angang Steel Additional Predictive Modules
Most predictive techniques to examine Angang price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Angang using various technical indicators. When you analyze Angang 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 Angang Steel Predictive Indicators
The successful prediction of Angang Steel 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 Angang Steel Co, 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 Angang Steel based on analysis of Angang Steel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Angang Steel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Angang Steel's related companies.
Story Coverage note for Angang Steel
The number of cover stories for Angang Steel depends on current market conditions and Angang Steel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Angang Steel 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 Angang Steel'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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Angang Steel Short Properties
Angang Steel's future price predictability will typically decrease when Angang Steel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Angang Steel Co often depends not only on the future outlook of the potential Angang Steel'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. Angang Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.4 B |
Complementary Tools for Angang Stock analysis
When running Angang Steel's price analysis, check to measure Angang Steel'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 Angang Steel is operating at the current time. Most of Angang Steel's value examination focuses on studying past and present price action to predict the probability of Angang Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angang Steel's price. Additionally, you may evaluate how the addition of Angang Steel to your portfolios can decrease your overall portfolio volatility.
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