Agnico Eagle Mines Stock Price Prediction
AEM Stock | USD 83.57 0.77 0.93% |
Oversold Vs Overbought
53
Oversold | Overbought |
Quarterly Earnings Growth 2.245 | EPS Estimate Next Quarter 1.12 | EPS Estimate Current Year 4.0771 | EPS Estimate Next Year 4.8902 | Wall Street Target Price 95.7146 |
Using Agnico Eagle hype-based prediction, you can estimate the value of Agnico Eagle Mines from the perspective of Agnico Eagle response to recently generated media hype and the effects of current headlines on its competitors.
Agnico Eagle Mines Hype to Price Pattern
Investor biases related to Agnico Eagle's public news can be used to forecast risks associated with an investment in Agnico. The trend in average sentiment can be used to explain how an investor holding Agnico can time the market purely based on public headlines and social activities around Agnico Eagle Mines. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Agnico Eagle's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Agnico Eagle.
The fear of missing out, i.e., FOMO, can cause potential investors in Agnico Eagle to buy its stock at a price that has no basis in reality. In that case, they are not buying Agnico 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.
Agnico Eagle after-hype prediction price | USD 83.6 |
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.
Agnico |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agnico Eagle'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.
Agnico Eagle After-Hype Price Prediction Density Analysis
As far as predicting the price of Agnico Eagle 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 Agnico Eagle 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 Agnico Eagle, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Agnico Eagle Estimiated After-Hype Price Volatility
In the context of predicting Agnico Eagle's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Agnico Eagle's historical news coverage. Agnico Eagle's after-hype downside and upside margins for the prediction period are 81.73 and 85.47, respectively. We have considered Agnico Eagle'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
Agnico Eagle is very steady at this time. Analysis and calculation of next after-hype price of Agnico Eagle Mines is based on 3 months time horizon.
Agnico Eagle Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Agnico Eagle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Agnico Eagle 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 Agnico Eagle, 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 |
0.04 | 1.87 | 0.03 | 0.02 | 10 Events / Month | 10 Events / Month | In about 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
83.57 | 83.60 | 0.04 |
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Agnico Eagle Hype Timeline
On the 21st of November Agnico Eagle Mines is traded for 83.57. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.02. Agnico is forecasted to increase in value after the next headline, with the price projected to jump to 83.6 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.04%, whereas the daily expected return is presently at 0.04%. The volatility of related hype on Agnico Eagle is about 371.52%, with the expected price after the next announcement by competition of 83.59. The company reported the last year's revenue of 6.75 B. Total Income to common stockholders was 1.94 B with profit before taxes, overhead, and interest of 3.1 B. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out Agnico Eagle Basic Forecasting Models to cross-verify your projections.Agnico Eagle Related Hype Analysis
Having access to credible news sources related to Agnico Eagle's direct competition is more important than ever and may enhance your ability to predict Agnico Eagle's future price movements. Getting to know how Agnico Eagle'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 Agnico Eagle may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
WPM | Wheaton Precious Metals | 0.60 | 11 per month | 2.00 | (0.02) | 2.78 | (3.17) | 10.52 | |
NEM | Newmont Goldcorp Corp | (0.52) | 8 per month | 0.00 | (0.13) | 2.51 | (3.20) | 18.92 | |
KGC | Kinross Gold | (0.52) | 10 per month | 2.60 | 0.01 | 5.41 | (3.82) | 18.27 | |
GFI | Gold Fields Ltd | (0.18) | 11 per month | 0.00 | (0.08) | 4.52 | (5.41) | 14.93 | |
GOLD | Barrick Gold Corp | (0.10) | 8 per month | 0.00 | (0.14) | 2.85 | (3.49) | 9.58 | |
PAAS | Pan American Silver | 1.62 | 11 per month | 2.29 | 0.01 | 6.05 | (4.04) | 14.73 | |
FNV | Franco Nevada | 1.78 | 8 per month | 0.00 | (0.07) | 2.46 | (2.61) | 8.26 | |
RGLD | Royal Gold | 3.01 | 11 per month | 1.61 | 0.02 | 2.44 | (2.62) | 7.40 | |
SAND | Sandstorm Gold Ltd | 0.08 | 8 per month | 2.43 | (0.02) | 3.33 | (2.56) | 15.60 | |
OR | Osisko Gold Ro | 0.10 | 10 per month | 1.77 | 0.07 | 2.94 | (2.93) | 10.04 | |
BTG | B2Gold Corp | (0.02) | 10 per month | 2.26 | (0.02) | 3.90 | (4.09) | 17.88 | |
IAG | IAMGold | 0.19 | 10 per month | 3.08 | 0.02 | 6.95 | (4.26) | 25.09 |
Agnico Eagle Additional Predictive Modules
Most predictive techniques to examine Agnico price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Agnico using various technical indicators. When you analyze Agnico 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 Agnico Eagle Predictive Indicators
The successful prediction of Agnico Eagle 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 Agnico Eagle Mines, 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 Agnico Eagle based on analysis of Agnico Eagle hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Agnico Eagle's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Agnico Eagle's related companies. 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0257 | 0.0238 | 0.025 | Price To Sales Ratio | 3.96 | 3.97 | 7.16 |
Story Coverage note for Agnico Eagle
The number of cover stories for Agnico Eagle depends on current market conditions and Agnico Eagle's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Agnico Eagle 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 Agnico Eagle'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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Agnico Eagle Short Properties
Agnico Eagle's future price predictability will typically decrease when Agnico Eagle's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Agnico Eagle Mines often depends not only on the future outlook of the potential Agnico Eagle'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. Agnico Eagle's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 489.9 M | |
Cash And Short Term Investments | 348.8 M |
Check out Agnico Eagle Basic Forecasting Models to cross-verify your projections. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.245 | Dividend Share 1.6 | Earnings Share 1.98 | Revenue Per Share 15.68 | Quarterly Revenue Growth 0.312 |
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.