Altia Oyj (Germany) Price Prediction

28Q Stock  EUR 2.82  0.04  1.40%   
The value of RSI of Altia Oyj's share price is below 30 as of 23rd of November 2024. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Altia Oyj, making its price go up or down.

Oversold Vs Overbought

21

 
Oversold
 
Overbought
The successful prediction of Altia Oyj'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 Altia Oyj and does not consider all of the tangible or intangible factors available from Altia Oyj's fundamental data. We analyze noise-free headlines and recent hype associated with Altia Oyj, which may create opportunities for some arbitrage if properly timed.
Using Altia Oyj hype-based prediction, you can estimate the value of Altia Oyj from the perspective of Altia Oyj 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 Altia Oyj to buy its stock at a price that has no basis in reality. In that case, they are not buying Altia 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.

Altia Oyj after-hype prediction price

    
  EUR 2.86  
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 Altia Oyj Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.072.324.57
Details
Naive
Forecast
LowNextHigh
0.482.734.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.812.852.88
Details

Altia Oyj After-Hype Price Prediction Density Analysis

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

Altia Oyj Estimiated After-Hype Price Volatility

In the context of predicting Altia Oyj's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altia Oyj's historical news coverage. Altia Oyj's after-hype downside and upside margins for the prediction period are 0.61 and 5.11, respectively. We have considered Altia Oyj'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
2.82
2.86
After-hype Price
5.11
Upside
Altia Oyj is relatively risky at this time. Analysis and calculation of next after-hype price of Altia Oyj is based on 3 months time horizon.

Altia Oyj Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Altia Oyj is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altia Oyj 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 Altia Oyj, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.58 
2.25
 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
2.82
2.86
0.00 
0.00  
Notes

Altia Oyj Hype Timeline

Altia Oyj is presently traded for 2.82on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Altia 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 -0.58%. %. The volatility of related hype on Altia Oyj is about 0.0%, with the expected price after the next announcement by competition of 2.82. About 23.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.05. In the past many companies with similar price-to-book ratios have beat the market. Altia Oyj last dividend was issued on the 12th of May 2022. Assuming the 90 days horizon the next estimated press release will be in 5 to 10 days.
Check out Altia Oyj Basic Forecasting Models to cross-verify your projections.

Altia Oyj Related Hype Analysis

Having access to credible news sources related to Altia Oyj's direct competition is more important than ever and may enhance your ability to predict Altia Oyj's future price movements. Getting to know how Altia Oyj'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 Altia Oyj may potentially react to the hype associated with one of its peers.

Altia Oyj Additional Predictive Modules

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

The successful prediction of Altia Oyj 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 Altia Oyj, 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 Altia Oyj based on analysis of Altia Oyj hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Altia Oyj's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Altia Oyj's related companies.

Story Coverage note for Altia Oyj

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

Other Macroaxis Stories

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Altia Oyj Short Properties

Altia Oyj's future price predictability will typically decrease when Altia Oyj's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altia Oyj often depends not only on the future outlook of the potential Altia Oyj'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. Altia Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding67.6 M

Complementary Tools for Altia Stock analysis

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