Altus Group Limited Stock Price Prediction
| AIF Stock | CAD 59.62 1.87 3.24% |
Oversold Vs Overbought
67
Oversold | Overbought |
Quarterly Earnings Growth (0.30) | EPS Estimate Next Quarter 0.36 | EPS Estimate Current Year 1.325 | EPS Estimate Next Year 1.6054 | Wall Street Target Price 57.875 |
Using Altus Group hype-based prediction, you can estimate the value of Altus Group Limited from the perspective of Altus Group 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 Altus Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Altus 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.
Altus Group after-hype prediction price | CAD 59.75 |
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.
Altus |
Altus Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Altus Group 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 Altus Group 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 Altus Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Altus Group Estimiated After-Hype Price Volatility
In the context of predicting Altus Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altus Group's historical news coverage. Altus Group's after-hype downside and upside margins for the prediction period are 58.48 and 61.02, respectively. We have considered Altus Group'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
Altus Group is very steady at this time. Analysis and calculation of next after-hype price of Altus Group Limited is based on 3 months time horizon.
Altus Group Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Altus Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altus Group 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 Altus Group, 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 |
0.18 | 1.27 | 0.13 | 0.13 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
59.62 | 59.75 | 0.22 |
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Altus Group Hype Timeline
Altus Group Limited is presently traded for 59.62on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.13, and average elasticity to hype of competition of 0.13. Altus is forecasted to increase in value after the next headline, with the price projected to jump to 59.75 or above. The average volatility of media hype impact on the company the price is about 173.97%. The price boost on the next news is estimated to be 0.22%, whereas the daily expected return is presently at 0.18%. The volatility of related hype on Altus Group is about 180.14%, with the expected price after the next announcement by competition of 59.75. The company reported the revenue of 772.84 M. Net Income was 22.33 M with profit before overhead, payroll, taxes, and interest of 271.5 M. Assuming the 90 days trading horizon the next forecasted press release will be in about 3 days. Check out Altus Group Basic Forecasting Models to cross-verify your projections.Altus Group Related Hype Analysis
Having access to credible news sources related to Altus Group's direct competition is more important than ever and may enhance your ability to predict Altus Group's future price movements. Getting to know how Altus Group'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 Altus Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CIGI | Colliers International Group | 0.79 | 4 per month | 1.04 | 0.03 | 2.14 | (1.75) | 8.40 | |
| FSV | FirstService Corp | (0.62) | 4 per month | 0.49 | 0.1 | 2.37 | (1.16) | 4.59 | |
| WPK | Winpak | 1.27 | 3 per month | 0.71 | 0.05 | 2.02 | (1.36) | 6.20 | |
| RBA | Ritchie Bros Auctioneers | 1.38 | 2 per month | 0.91 | 0.10 | 2.84 | (1.72) | 8.18 |
Altus Group Additional Predictive Modules
Most predictive techniques to examine Altus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Altus using various technical indicators. When you analyze Altus 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 Altus Group Predictive Indicators
The successful prediction of Altus Group 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 Altus Group Limited, 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 Altus Group based on analysis of Altus Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Altus Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Altus Group's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007289 | 0.0107 | 0.0141 | 0.0134 | Price To Sales Ratio | 4.73 | 3.15 | 2.44 | 1.63 |
Story Coverage note for Altus Group
The number of cover stories for Altus Group depends on current market conditions and Altus Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Altus Group 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 Altus Group'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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Altus Group Short Properties
Altus Group's future price predictability will typically decrease when Altus Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altus Group Limited often depends not only on the future outlook of the potential Altus Group'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. Altus Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.9 M | |
| Cash And Short Term Investments | 41.9 M |
Other Information on Investing in Altus Stock
Altus Group financial ratios help investors to determine whether Altus 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 Altus with respect to the benefits of owning Altus Group security.