Africa Oil Corp Stock Price Prediction

AOIFF Stock  USD 1.47  0.01  0.68%   
As of 23rd of November 2024, the relative strength index (RSI) of Africa Oil's share price is approaching 48. This suggests that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Africa Oil, making its price go up or down.

Oversold Vs Overbought

48

 
Oversold
 
Overbought
The successful prediction of Africa Oil'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 Africa Oil and does not consider all of the tangible or intangible factors available from Africa Oil's fundamental data. We analyze noise-free headlines and recent hype associated with Africa Oil Corp, which may create opportunities for some arbitrage if properly timed.
Using Africa Oil hype-based prediction, you can estimate the value of Africa Oil Corp from the perspective of Africa Oil 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 Africa Oil to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Africa 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.

Africa Oil after-hype prediction price

    
  USD 1.47  
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 Africa Oil Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.071.324.02
Details
Naive
Forecast
LowNextHigh
0.031.524.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.221.331.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Africa Oil. Your research has to be compared to or analyzed against Africa Oil's peers to derive any actionable benefits. When done correctly, Africa Oil'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 Africa Oil Corp.

Africa Oil After-Hype Price Prediction Density Analysis

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

Africa Oil Estimiated After-Hype Price Volatility

In the context of predicting Africa Oil's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Africa Oil's historical news coverage. Africa Oil's after-hype downside and upside margins for the prediction period are 0.07 and 4.17, respectively. We have considered Africa Oil'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
1.47
1.47
After-hype Price
4.17
Upside
Africa Oil is very risky at this time. Analysis and calculation of next after-hype price of Africa Oil Corp is based on 3 months time horizon.

Africa Oil Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Africa Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Africa Oil 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 Africa Oil, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
2.71
 0.00  
 0.00  
0 Events / Month
7 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.47
1.47
0.00 
0.00  
Notes

Africa Oil Hype Timeline

Africa Oil Corp is presently traded for 1.47. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Africa 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 -0.02%. %. The volatility of related hype on Africa Oil is about 2441.44%, with the expected price after the next announcement by competition of 1.47. About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. Africa Oil Corp last dividend was issued on the 8th of September 2022. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Africa Oil Basic Forecasting Models to cross-verify your projections.

Africa Oil Related Hype Analysis

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

Africa Oil Additional Predictive Modules

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

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

Story Coverage note for Africa Oil

The number of cover stories for Africa Oil depends on current market conditions and Africa Oil's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Africa Oil 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 Africa Oil's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Africa Oil Short Properties

Africa Oil's future price predictability will typically decrease when Africa Oil's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Africa Oil Corp often depends not only on the future outlook of the potential Africa Oil'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. Africa Oil's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding474.7 M

Complementary Tools for Africa Pink Sheet analysis

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