Akita Drilling Stock Price Prediction

AKTAF Stock  USD 1.22  0.02  1.67%   
The relative strength index (RSI) of AKITA Drilling's the pink sheet price is roughly 61. This suggests that the pink sheet is rather overbought by investors as of 22nd of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling AKITA, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of AKITA Drilling'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 AKITA Drilling and does not consider all of the tangible or intangible factors available from AKITA Drilling's fundamental data. We analyze noise-free headlines and recent hype associated with AKITA Drilling, which may create opportunities for some arbitrage if properly timed.
Using AKITA Drilling hype-based prediction, you can estimate the value of AKITA Drilling from the perspective of AKITA Drilling 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 AKITA Drilling to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying AKITA 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

AKITA Drilling after-hype prediction price

    
  USD 1.22  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out AKITA Drilling Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.051.013.79
Details
Naive
Forecast
LowNextHigh
0.021.203.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.131.171.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AKITA Drilling. Your research has to be compared to or analyzed against AKITA Drilling's peers to derive any actionable benefits. When done correctly, AKITA Drilling's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AKITA Drilling.

AKITA Drilling After-Hype Price Prediction Density Analysis

As far as predicting the price of AKITA Drilling 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 AKITA Drilling 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 Pink Sheet prices, such as prices of AKITA Drilling, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

AKITA Drilling Estimiated After-Hype Price Volatility

In the context of predicting AKITA Drilling's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on AKITA Drilling's historical news coverage. AKITA Drilling's after-hype downside and upside margins for the prediction period are 0.06 and 4.00, respectively. We have considered AKITA Drilling'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
1.22
1.22
After-hype Price
4.00
Upside
AKITA Drilling is dangerous at this time. Analysis and calculation of next after-hype price of AKITA Drilling is based on 3 months time horizon.

AKITA Drilling Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as AKITA Drilling is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AKITA Drilling 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 Pink Sheet 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 AKITA Drilling, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.25 
2.78
 0.00  
  0.12 
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
1.22
1.22
0.00 
0.00  
Notes

AKITA Drilling Hype Timeline

AKITA Drilling is presently traded for 1.22. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.12. AKITA 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 0.25%. %. The volatility of related hype on AKITA Drilling is about 579.17%, with the expected price after the next announcement by competition of 1.34. About 18.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. AKITA Drilling recorded a loss per share of 0.39. The entity last dividend was issued on the 18th of June 2019. The firm had 2:1 split on the 8th of June 2005. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out AKITA Drilling Basic Forecasting Models to cross-verify your projections.

AKITA Drilling Related Hype Analysis

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

AKITA Drilling Additional Predictive Modules

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

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

Story Coverage note for AKITA Drilling

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

AKITA Drilling's future price predictability will typically decrease when AKITA Drilling's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of AKITA Drilling often depends not only on the future outlook of the potential AKITA Drilling'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. AKITA Drilling's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding39.6 M

Complementary Tools for AKITA Pink Sheet analysis

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