11 Bit (Poland) Price Patterns
| 11B Stock | 138.00 2.00 1.43% |
Momentum 41
Sell Extended
Oversold | Overbought |
Using 11 Bit hype-based prediction, you can estimate the value of 11 bit studios from the perspective of 11 Bit 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 11 Bit to buy its stock at a price that has no basis in reality. In that case, they are not buying 11B 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.
11 Bit after-hype prediction price | PLN 138.0 |
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.
11B |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 11 Bit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
11 Bit After-Hype Price Density Analysis
As far as predicting the price of 11 Bit 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 11 Bit 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 11 Bit, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
11 Bit Estimiated After-Hype Price Volatility
In the context of predicting 11 Bit's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on 11 Bit's historical news coverage. 11 Bit's after-hype downside and upside margins for the prediction period are 136.01 and 139.99, respectively. We have considered 11 Bit'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11 Bit is very steady at this time. Analysis and calculation of next after-hype price of 11 bit studios is based on 3 months time horizon.
11 Bit Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as 11 Bit is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 11 Bit 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 11 Bit, 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 |
0.29 | 1.99 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
138.00 | 138.00 | 0.00 |
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11 Bit Hype Timeline
11 bit studios is presently traded for 138.00on Warsaw Stock Exchange of Poland. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. 11B is projected 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 projected to be very small, whereas the daily expected return is presently at -0.29%. %. The volatility of related hype on 11 Bit is about 0.0%, with the expected price after the next announcement by competition of 138.00. About 32.0% of the company shares are owned by institutions such as pension funds. The company recorded earning per share (EPS) of 12.53. 11 bit studios had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out 11 Bit Basic Forecasting Models to cross-verify your projections.11 Bit Related Hype Analysis
Having access to credible news sources related to 11 Bit's direct competition is more important than ever and may enhance your ability to predict 11 Bit's future price movements. Getting to know how 11 Bit'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 11 Bit may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CFG | Creativeforge Games SA | 0.00 | 0 per month | 0.00 | (0.02) | 5.26 | (7.48) | 22.45 | |
| EXA | Examobile SA | 0.00 | 0 per month | 2.93 | 0.04 | 6.33 | (5.94) | 20.44 | |
| UFG | UF Games SA | 0.00 | 0 per month | 1.74 | (0.02) | 4.04 | (3.88) | 11.64 | |
| PGM | PMPG Polskie Media | 0.00 | 0 per month | 0.00 | (0.09) | 4.65 | (4.79) | 13.39 | |
| IGT | Igoria Trade SA | 0.00 | 0 per month | 0.00 | (0.06) | 5.00 | (4.76) | 18.33 | |
| DGE | Drago entertainment SA | 0.00 | 0 per month | 0.00 | (0.05) | 7.51 | (6.80) | 27.20 | |
| CFS | Centrum Finansowe Banku | 0.00 | 0 per month | 1.71 | 0.04 | 3.74 | (3.60) | 18.05 | |
| VAR | Varsav Game Studios | 0.00 | 0 per month | 0.00 | (0.09) | 6.52 | (6.12) | 17.79 |
11 Bit Additional Predictive Modules
Most predictive techniques to examine 11B price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 11B using various technical indicators. When you analyze 11B 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 11 Bit Predictive Indicators
The successful prediction of 11 Bit 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 11 bit studios, 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 11 Bit based on analysis of 11 Bit hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to 11 Bit's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to 11 Bit's related companies.
Pair Trading with 11 Bit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 11 Bit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 11 Bit will appreciate offsetting losses from the drop in the long position's value.Moving together with 11B Stock
Moving against 11B Stock
| 0.69 | 4MS | 4Mass SA | PairCorr |
| 0.63 | BKD | Baked Games SA | PairCorr |
| 0.54 | CFS | Centrum Finansowe Banku | PairCorr |
| 0.51 | TEN | TEN SQUARE GAMES | PairCorr |
| 0.31 | GME | Gremi Media SA | PairCorr |
The ability to find closely correlated positions to 11 Bit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 11 Bit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 11 Bit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 11 bit studios to buy it.
The correlation of 11 Bit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 11 Bit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 11 bit studios moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 11 Bit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 11B Stock Analysis
When running 11 Bit's price analysis, check to measure 11 Bit'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 11 Bit is operating at the current time. Most of 11 Bit's value examination focuses on studying past and present price action to predict the probability of 11 Bit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 11 Bit's price. Additionally, you may evaluate how the addition of 11 Bit to your portfolios can decrease your overall portfolio volatility.