Argo Gold Stock Price Prediction

ARBTF Stock  USD 0.04  0  3.23%   
The relative strength index (RSI) of Argo Gold's share price is below 30 as of 27th of November 2024. This suggests that the pink sheet is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Argo Gold, making its price go up or down.

Oversold Vs Overbought

23

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

Argo Gold after-hype prediction price

    
  USD 0.05  
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 Argo Gold Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Argo Gold'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.
Intrinsic
Valuation
LowRealHigh
0.000.045.32
Details
Naive
Forecast
LowNextHigh
0.00080.045.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.040.04
Details

Argo Gold After-Hype Price Prediction Density Analysis

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

Argo Gold Estimiated After-Hype Price Volatility

In the context of predicting Argo Gold's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Argo Gold's historical news coverage. Argo Gold's after-hype downside and upside margins for the prediction period are 0.00 and 5.33, respectively. We have considered Argo Gold'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
0.04
0.05
After-hype Price
5.33
Upside
Argo Gold is out of control at this time. Analysis and calculation of next after-hype price of Argo Gold is based on 3 months time horizon.

Argo Gold Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Argo Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Argo Gold 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 Argo Gold, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
5.28
 0.00  
  0.16 
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
0.04
0.05
11.11 
0.00  
Notes

Argo Gold Hype Timeline

Argo Gold is presently traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.16. Argo is anticipated to increase in value after the next headline, with the price projected to jump to 0.05 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is estimated to be 11.11%, whereas the daily expected return is presently at -0.32%. The volatility of related hype on Argo Gold is about 1067.87%, with the expected price after the next announcement by competition of -0.11. The company has a current ratio of 3.02, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Argo Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Argo Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Argo Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Argo to invest in growth at high rates of return. When we think about Argo Gold's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next anticipated press release will be in 5 to 10 days.
Check out Argo Gold Basic Forecasting Models to cross-verify your projections.

Argo Gold Related Hype Analysis

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

Argo Gold Additional Predictive Modules

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

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

Story Coverage note for Argo Gold

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Argo Gold Short Properties

Argo Gold's future price predictability will typically decrease when Argo Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Argo Gold often depends not only on the future outlook of the potential Argo Gold'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. Argo Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding63.1 M
Shares Float61.1 M

Complementary Tools for Argo Pink Sheet analysis

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