Elray Resources Stock Price Prediction
| ELRA Stock | USD 0.0004 0.0001 20.00% |
Oversold Vs Overbought
51
Oversold | Overbought |
Using Elray Resources hype-based prediction, you can estimate the value of Elray Resources from the perspective of Elray Resources 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 Elray Resources to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Elray 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.
Elray Resources after-hype prediction price | USD 4.2E-4 |
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.
Elray |
Elray Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of Elray Resources 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 Elray Resources 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 Elray Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Elray Resources Estimiated After-Hype Price Volatility
In the context of predicting Elray Resources' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Elray Resources' historical news coverage. Elray Resources' after-hype downside and upside margins for the prediction period are 0.00 and 16.12, respectively. We have considered Elray Resources' 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
Elray Resources is out of control at this time. Analysis and calculation of next after-hype price of Elray Resources is based on 3 months time horizon.
Elray Resources Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Elray Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elray Resources 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 Elray Resources, 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 |
1.13 | 16.12 | 0.00 | 0.02 | 0 Events / Month | 7 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.0004 | 0.0004 | 5.11 |
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Elray Resources Hype Timeline
Elray Resources is currently traded for 0.0004. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. Elray is projected to increase in value after the next headline, with the price projected to jump to 4.2E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price jump on the next news is estimated to be 5.11%, whereas the daily expected return is currently at 1.13%. The volatility of related hype on Elray Resources is about 111446.91%, with the expected price after the next announcement by competition of 0.02. Elray Resources currently holds about 5.01 K in cash with 1.85 K of positive cash flow from operations. Given the investment horizon of 90 days the next projected press release will be in a few days. Check out Elray Resources Basic Forecasting Models to cross-verify your projections.Elray Resources Related Hype Analysis
Having access to credible news sources related to Elray Resources' direct competition is more important than ever and may enhance your ability to predict Elray Resources' future price movements. Getting to know how Elray Resources' 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 Elray Resources may potentially react to the hype associated with one of its peers.
Elray Resources Additional Predictive Modules
Most predictive techniques to examine Elray price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elray using various technical indicators. When you analyze Elray 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Elray Resources Predictive Indicators
The successful prediction of Elray Resources 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 Elray Resources, 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 Elray Resources based on analysis of Elray Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Elray Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Elray Resources's related companies.
Story Coverage note for Elray Resources
The number of cover stories for Elray Resources depends on current market conditions and Elray Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Elray Resources 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 Elray Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Complementary Tools for Elray Pink Sheet analysis
When running Elray Resources' price analysis, check to measure Elray Resources' 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 Elray Resources is operating at the current time. Most of Elray Resources' value examination focuses on studying past and present price action to predict the probability of Elray Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elray Resources' price. Additionally, you may evaluate how the addition of Elray Resources to your portfolios can decrease your overall portfolio volatility.
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