Golden Goliath Resources Stock Price Prediction
| GNG Stock | CAD 0.04 0.01 20.00% |
Oversold Vs Overbought
61
Oversold | Overbought |
Using Golden Goliath hype-based prediction, you can estimate the value of Golden Goliath Resources from the perspective of Golden Goliath 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 Golden Goliath to buy its stock at a price that has no basis in reality. In that case, they are not buying Golden 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.
Golden Goliath after-hype prediction price | CAD 0.04 |
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.
Golden |
Golden Goliath After-Hype Price Prediction Density Analysis
As far as predicting the price of Golden Goliath 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 Golden Goliath 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 Golden Goliath, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Golden Goliath Estimiated After-Hype Price Volatility
In the context of predicting Golden Goliath's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Golden Goliath's historical news coverage. Golden Goliath's after-hype downside and upside margins for the prediction period are 0.00 and 11.62, respectively. We have considered Golden Goliath'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
Golden Goliath is out of control at this time. Analysis and calculation of next after-hype price of Golden Goliath Resources is based on 3 months time horizon.
Golden Goliath Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Golden Goliath is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Goliath 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 Golden Goliath, 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 |
0.99 | 11.58 | 0.00 | 0.04 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.04 | 0.04 | 0.00 |
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Golden Goliath Hype Timeline
Golden Goliath Resources is currently traded for 0.04on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Golden is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.99%. %. The volatility of related hype on Golden Goliath is about 28950.0%, with the expected price after the next announcement by competition of 0.08. The company has price-to-book (P/B) ratio of 0.35. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Goliath Resources recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. The firm had 1:7 split on the 5th of June 2023. Assuming the 90 days horizon the next estimated press release will be very soon. Check out Golden Goliath Basic Forecasting Models to cross-verify your projections.Golden Goliath Related Hype Analysis
Having access to credible news sources related to Golden Goliath's direct competition is more important than ever and may enhance your ability to predict Golden Goliath's future price movements. Getting to know how Golden Goliath'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 Golden Goliath may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AG | First Majestic Silver | 0.05 | 4 per month | 2.92 | 0.02 | 6.12 | (4.50) | 19.85 | |
| IE | Ivanhoe Energy | 0.10 | 1 per month | 2.78 | 0.12 | 5.97 | (4.72) | 19.82 | |
| ORE | Orezone Gold Corp | 0.01 | 1 per month | 0.00 | (0.09) | 5.19 | (6.49) | 18.09 | |
| FDY | Faraday Copper Corp | 0.04 | 1 per month | 1.73 | (0.01) | 3.37 | (3.33) | 9.12 | |
| INFM | Infinico Metals Corp | 0.00 | 2 per month | 0.00 | (0.05) | 0.00 | (16.67) | 82.86 |
Golden Goliath Additional Predictive Modules
Most predictive techniques to examine Golden price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Golden using various technical indicators. When you analyze Golden 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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| Volume Indicators |
About Golden Goliath Predictive Indicators
The successful prediction of Golden Goliath 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 Golden Goliath 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 Golden Goliath based on analysis of Golden Goliath hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Golden Goliath's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Golden Goliath's related companies. | 2023 | 2024 (projected) | PB Ratio | 0.57 | 0.54 | Capex To Depreciation | 6.4K | 6.7K |
Story Coverage note for Golden Goliath
The number of cover stories for Golden Goliath depends on current market conditions and Golden Goliath's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Golden Goliath 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 Golden Goliath'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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Golden Goliath Short Properties
Golden Goliath's future price predictability will typically decrease when Golden Goliath's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Golden Goliath Resources often depends not only on the future outlook of the potential Golden Goliath'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. Golden Goliath's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.8 M | |
| Cash And Short Term Investments | 446.8 K |
Additional Tools for Golden Stock Analysis
When running Golden Goliath's price analysis, check to measure Golden Goliath'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 Golden Goliath is operating at the current time. Most of Golden Goliath's value examination focuses on studying past and present price action to predict the probability of Golden Goliath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.