Centerra Gold Stock Price Prediction
| CG Stock | CAD 8.74 0.26 3.07% |
Oversold Vs Overbought
38
Oversold | Overbought |
Quarterly Earnings Growth (0.51) | EPS Estimate Next Quarter 0.29 | EPS Estimate Current Year 0.7575 | EPS Estimate Next Year 0.7096 | Wall Street Target Price 8.9942 |
Using Centerra Gold hype-based prediction, you can estimate the value of Centerra Gold from the perspective of Centerra 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 Centerra Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying Centerra 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.
Centerra Gold after-hype prediction price | CAD 8.79 |
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.
Centerra |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centerra 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.
Centerra Gold After-Hype Price Prediction Density Analysis
As far as predicting the price of Centerra 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 Centerra 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 Stock prices, such as prices of Centerra Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Centerra Gold Estimiated After-Hype Price Volatility
In the context of predicting Centerra Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Centerra Gold's historical news coverage. Centerra Gold's after-hype downside and upside margins for the prediction period are 6.37 and 11.21, respectively. We have considered Centerra 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
Centerra Gold is somewhat reliable at this time. Analysis and calculation of next after-hype price of Centerra Gold is based on 3 months time horizon.
Centerra Gold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Centerra Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Centerra 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 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 Centerra Gold, 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 |
0.17 | 2.42 | 0.05 | 0.02 | 4 Events / Month | 1 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
8.74 | 8.79 | 0.57 |
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Centerra Gold Hype Timeline
Centerra Gold is currently traded for 8.74on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of -0.02. Centerra is anticipated to increase in value after the next headline, with the price projected to jump to 8.79 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 0.57%, whereas the daily expected return is currently at -0.17%. The volatility of related hype on Centerra Gold is about 2016.67%, with the expected price after the next announcement by competition of 8.72. The company reported the revenue of 1.09 B. Net Loss for the year was (81.28 M) with profit before overhead, payroll, taxes, and interest of 242.57 M. Assuming the 90 days horizon the next anticipated press release will be in about 4 days. Check out Centerra Gold Basic Forecasting Models to cross-verify your projections.Centerra Gold Related Hype Analysis
Having access to credible news sources related to Centerra Gold's direct competition is more important than ever and may enhance your ability to predict Centerra Gold's future price movements. Getting to know how Centerra 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 Centerra Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGI | Alamos Gold | (0.46) | 6 per month | 0.00 | (0.07) | 3.33 | (2.90) | 12.44 | |
| NG | NovaGold Resources | (0.54) | 3 per month | 0.00 | (0.12) | 3.75 | (5.27) | 23.09 | |
| ELD | Eldorado Gold Corp | 0.25 | 3 per month | 0.00 | (0.07) | 3.38 | (4.46) | 12.07 | |
| IMG | IAMGold | 0.17 | 4 per month | 2.76 | 0.04 | 6.77 | (3.69) | 24.56 | |
| DPM | Dundee Precious Metals | (0.02) | 3 per month | 1.77 | (0.06) | 2.33 | (2.83) | 7.88 |
Centerra Gold Additional Predictive Modules
Most predictive techniques to examine Centerra price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Centerra using various technical indicators. When you analyze Centerra 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 Centerra Gold Predictive Indicators
The successful prediction of Centerra 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 Centerra 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 Centerra Gold based on analysis of Centerra Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Centerra Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Centerra Gold's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0197 | 0.0348 | 0.0356 | 0.0178 | Price To Sales Ratio | 2.54 | 1.61 | 1.15 | 1.09 |
Story Coverage note for Centerra Gold
The number of cover stories for Centerra Gold depends on current market conditions and Centerra 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 Centerra 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 Centerra Gold'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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Centerra Gold Short Properties
Centerra Gold's future price predictability will typically decrease when Centerra Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Centerra Gold often depends not only on the future outlook of the potential Centerra 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. Centerra Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 218.4 M | |
| Cash And Short Term Investments | 615.8 M |
Check out Centerra Gold Basic Forecasting Models to cross-verify your projections. To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.