Foran Mining Stock Price Prediction

FOM Stock   4.32  0.02  0.46%   
As of today, the relative strength momentum indicator of Foran Mining's share price is approaching 44. This usually indicates that the stock 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 Foran Mining, making its price go up or down.

Oversold Vs Overbought

44

 
Oversold
 
Overbought
The successful prediction of Foran Mining's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Foran Mining, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Foran Mining's stock price prediction:
EPS Estimate Next Quarter
(0.01)
EPS Estimate Current Year
(0.02)
EPS Estimate Next Year
(0.04)
Wall Street Target Price
5.3571
Using Foran Mining hype-based prediction, you can estimate the value of Foran Mining from the perspective of Foran Mining 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 Foran Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying Foran 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.

Foran Mining after-hype prediction price

    
  CAD 4.34  
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.
  
Check out Foran Mining Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
1.413.786.15
Details
Naive
Forecast
LowNextHigh
1.954.326.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.0058-0.0025
Details

Foran Mining After-Hype Price Prediction Density Analysis

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

Foran Mining Estimiated After-Hype Price Volatility

In the context of predicting Foran Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Foran Mining's historical news coverage. Foran Mining's after-hype downside and upside margins for the prediction period are 1.97 and 6.71, respectively. We have considered Foran Mining'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
4.32
4.34
After-hype Price
6.71
Upside
Foran Mining is slightly risky at this time. Analysis and calculation of next after-hype price of Foran Mining is based on 3 months time horizon.

Foran Mining Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Foran Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Foran Mining 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 Foran Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.22 
2.37
  0.02 
  0.01 
3 Events / Month
1 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.32
4.34
0.46 
2,962  
Notes

Foran Mining Hype Timeline

Foran Mining is currently traded for 4.32on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.01. Foran is expected to increase in value after the next headline, with the price projected to jump to 4.34 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 0.46%, whereas the daily expected return is currently at 0.22%. The volatility of related hype on Foran Mining is about 5925.0%, with the expected price after the next announcement by competition of 4.33. Net Loss for the year was (13.62 M) with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days trading horizon the next expected press release will be in about 3 days.
Check out Foran Mining Basic Forecasting Models to cross-verify your projections.

Foran Mining Related Hype Analysis

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

Foran Mining Additional Predictive Modules

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

The successful prediction of Foran Mining 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 Foran Mining, 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 Foran Mining based on analysis of Foran Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Foran Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Foran Mining's related companies.
 2023 2024 (projected)
Days Sales Outstanding16.5K17.3K
PTB Ratio2.322.44

Story Coverage note for Foran Mining

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

Foran Mining Short Properties

Foran Mining's future price predictability will typically decrease when Foran Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Foran Mining often depends not only on the future outlook of the potential Foran Mining'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. Foran Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding280.4 M
Cash And Short Term Investments266.5 M

Other Information on Investing in Foran Stock

Foran Mining financial ratios help investors to determine whether Foran Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Foran with respect to the benefits of owning Foran Mining security.