Ag Growth International Stock Price Patterns

AFN Stock  CAD 29.05  0.60  2.02%   
The relative strength index (RSI) of Ag Growth's stock price is about 62. This suggests that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling AFN, making its price go up or down.

Momentum 62

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Ag Growth's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ag Growth International, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Ag Growth's stock price prediction:
Quarterly Earnings Growth
(0.26)
EPS Estimate Next Quarter
1.3843
EPS Estimate Current Year
2.6479
EPS Estimate Next Year
4.4433
Wall Street Target Price
52.5
Using Ag Growth hype-based prediction, you can estimate the value of Ag Growth International from the perspective of Ag Growth 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 Ag Growth to buy its stock at a price that has no basis in reality. In that case, they are not buying AFN 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.

Ag Growth after-hype prediction price

    
  CAD 29.69  
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 Ag Growth Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
16.5023.1429.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.711.081.36
Details

Ag Growth After-Hype Price Density Analysis

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

Ag Growth Estimiated After-Hype Price Volatility

In the context of predicting Ag Growth's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ag Growth's historical news coverage. Ag Growth's after-hype downside and upside margins for the prediction period are 23.05 and 36.33, respectively. We have considered Ag Growth'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
29.05
29.69
After-hype Price
36.33
Upside
Ag Growth is somewhat reliable at this time. Analysis and calculation of next after-hype price of Ag Growth International is based on 3 months time horizon.

Ag Growth Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Ag Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ag Growth 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 Ag Growth, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
6.64
  0.04 
  0.09 
9 Events / Month
2 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
29.05
29.69
0.13 
2,371  
Notes

Ag Growth Hype Timeline

Ag Growth International is presently traded for 29.05on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.09. AFN is estimated to increase in value after the next headline, with the price projected to jump to 29.69 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 estimated to be 0.13%, whereas the daily expected return is presently at 0.14%. The volatility of related hype on Ag Growth is about 1023.29%, with the expected price after the next announcement by competition of 29.14. The company reported the revenue of 1.4 B. Net Loss for the year was (5.33 M) with profit before overhead, payroll, taxes, and interest of 408.54 M. Assuming the 90 days trading horizon the next estimated press release will be in about 9 days.
Check out Ag Growth Basic Forecasting Models to cross-verify your projections.

Ag Growth Related Hype Analysis

Having access to credible news sources related to Ag Growth's direct competition is more important than ever and may enhance your ability to predict Ag Growth's future price movements. Getting to know how Ag Growth'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 Ag Growth 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
GDIGDI Integrated(0.1)7 per month 0.49  0.08  2.27 (1.34) 25.15 
DXTDexterra Group(0.1)9 per month 0.84  0.21  2.49 (1.64) 6.88 
ALCAlgoma Central 0.24 7 per month 0.34  0.18  2.19 (1.08) 3.99 
CHRChorus Aviation 0.00 0 per month 0.00 (0.20) 2.00 (2.03) 7.19 
ZDCZedcor Energy 0.31 3 per month 0.00 (0.04) 4.94 (4.57) 23.80 
DIVDiversified Royalty Corp 0.00 7 per month 0.76  0.13  1.66 (1.10) 8.51 
CGYCalian Technologies 4.84 8 per month 2.01  0.11  3.68 (3.61) 17.18 
WJXWajax(0.35)4 per month 0.83  0.03  1.85 (1.57) 4.68 
ADENADENTRA 1.00 8 per month 1.48  0.05  3.58 (2.54) 11.24 

Ag Growth Additional Predictive Modules

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

The successful prediction of Ag Growth 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 Ag Growth International, 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 Ag Growth based on analysis of Ag Growth hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ag Growth's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ag Growth's related companies.
 2023 2024 2025 2026 (projected)
Dividend Yield0.01190.01180.01360.0129
Price To Sales Ratio0.630.690.791.56

Pair Trading with Ag Growth

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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.

Moving against AFN Stock

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The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
The correlation of Ag Growth 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 Ag Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ag Growth International 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 Ag Growth 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in AFN Stock

Ag Growth financial ratios help investors to determine whether AFN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AFN with respect to the benefits of owning Ag Growth security.