Coronation Global (South Africa) Price Prediction

0P000161AF   2.61  0.03  1.16%   
The relative strength index (RSI) of Coronation Global's the fund price is about 66. This suggests that the fund is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Coronation, making its price go up or down.

Oversold Vs Overbought

66

 
Oversold
 
Overbought
The successful prediction of Coronation Global's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Coronation Global Equity, which may create opportunities for some arbitrage if properly timed.
Using Coronation Global hype-based prediction, you can estimate the value of Coronation Global Equity from the perspective of Coronation Global 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 Coronation Global to buy its fund at a price that has no basis in reality. In that case, they are not buying Coronation 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 funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Coronation Global after-hype prediction price

    
  ZAC 2.61  
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 fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Coronation Global Estimiated After-Hype Price Prediction Volatility

As far as predicting the price of Coronation Global 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 Coronation Global 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 Fund prices, such as prices of Coronation Global, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Coronation Global Fund Price Prediction Analysis

Have you ever been surprised when a price of a Fund such as Coronation Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Coronation Global 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 Fund 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 Coronation Global, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.25 
1.07
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.61
2.61
0.00 
0.00  
Notes

Coronation Global Hype Timeline

Coronation Global Equity is presently traded for 2.61on Johannesburg Exchange of South Africa. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Coronation 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 insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is presently at 0.25%. %. The volatility of related hype on Coronation Global is about 0.0%, with the expected price after the next announcement by competition of 2.61. Assuming the 90 days trading horizon the next estimated press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Coronation Global Related Hype Analysis

Having access to credible news sources related to Coronation Global's direct competition is more important than ever and may enhance your ability to predict Coronation Global's future price movements. Getting to know how Coronation Global'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 Coronation Global 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
SOLBE1Sasol Ltd Bee 0.00 0 per month 0.00 (0.13) 1.00 (1.96) 30.66 
0P0000Z6BHCentaur Bci Balanced 0.00 0 per month 0.24 (0.20) 0.84 (0.43) 2.53 
SBPSabvest Capital 0.00 0 per month 1.60  0.10  5.36 (3.44) 12.31 
GRTGrowthpoint Properties 0.00 0 per month 0.00 (0.17) 1.94 (1.74) 5.09 
ETFRHOAfricaRhodium ETF 0.00 0 per month 2.62 (0.03) 4.90 (3.81) 25.69 
PREFTXCoreShares Preference Share 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
STXCAPIndexco Limited  0.00 0 per month 0.00 (0.21) 1.25 (0.96) 2.95 
GLOBALCoreShares TotalWldStock ETF 0.00 0 per month 0.68 (0.05) 1.77 (1.20) 4.13 
BCFBowler Metcalf 0.00 0 per month 3.69 (0) 10.32 (8.62) 30.49 

Coronation Global Additional Predictive Modules

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

Story Coverage note for Coronation Global

The number of cover stories for Coronation Global depends on current market conditions and Coronation Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Coronation Global 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 Coronation Global'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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