Mengtian Home (China) Price Prediction

603216 Stock   10.84  0.29  2.75%   
The relative strength index (RSI) of Mengtian Home's the stock price is about 62. This suggests that the stock is rather overbought by investors as of 27th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Mengtian, making its price go up or down.

Oversold Vs Overbought

62

 
Oversold
 
Overbought
The successful prediction of Mengtian Home's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Mengtian Home Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Mengtian Home's stock price prediction:
Quarterly Earnings Growth
(0.42)
Wall Street Target Price
16
Quarterly Revenue Growth
(0.17)
Using Mengtian Home hype-based prediction, you can estimate the value of Mengtian Home Group from the perspective of Mengtian Home 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 Mengtian Home to buy its stock at a price that has no basis in reality. In that case, they are not buying Mengtian 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.

Mengtian Home after-hype prediction price

    
  CNY 10.84  
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 Mengtian Home Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
6.488.6610.84
Details
Naive
Forecast
LowNextHigh
8.7510.9313.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0810.4510.81
Details

Mengtian Home After-Hype Price Prediction Density Analysis

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

Mengtian Home Estimiated After-Hype Price Volatility

In the context of predicting Mengtian Home's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mengtian Home's historical news coverage. Mengtian Home's after-hype downside and upside margins for the prediction period are 8.66 and 13.02, respectively. We have considered Mengtian Home'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
10.84
10.84
After-hype Price
13.02
Upside
Mengtian Home is somewhat reliable at this time. Analysis and calculation of next after-hype price of Mengtian Home Group is based on 3 months time horizon.

Mengtian Home Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Mengtian Home is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mengtian Home 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 Mengtian Home, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.37 
2.18
 0.00  
  0.01 
0 Events / Month
2 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.84
10.84
0.00 
0.00  
Notes

Mengtian Home Hype Timeline

Mengtian Home Group is presently traded for 10.84on Shanghai Stock Exchange of China. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Mengtian 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.37%. %. The volatility of related hype on Mengtian Home is about 6013.79%, with the expected price after the next announcement by competition of 10.85. About 76.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.37. In the past many companies with similar price-to-book ratios have beat the market. Mengtian Home Group last dividend was issued on the 16th of July 2024. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Mengtian Home Basic Forecasting Models to cross-verify your projections.

Mengtian Home Related Hype Analysis

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

Mengtian Home Additional Predictive Modules

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

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

Story Coverage note for Mengtian Home

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

Mengtian Home Short Properties

Mengtian Home's future price predictability will typically decrease when Mengtian Home's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mengtian Home Group often depends not only on the future outlook of the potential Mengtian Home'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. Mengtian Home's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding224 M

Complementary Tools for Mengtian Stock analysis

When running Mengtian Home's price analysis, check to measure Mengtian Home'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 Mengtian Home is operating at the current time. Most of Mengtian Home's value examination focuses on studying past and present price action to predict the probability of Mengtian Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mengtian Home's price. Additionally, you may evaluate how the addition of Mengtian Home to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges