Gold Resource Stock Price Prediction
| GORO Stock | USD 0.16 0.01 6.67% |
Oversold Vs Overbought
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Oversold | Overbought |
Quarterly Earnings Growth 0.742 | EPS Estimate Next Quarter (0.05) | EPS Estimate Current Year (0.44) | EPS Estimate Next Year (0.10) | Wall Street Target Price 1.5 |
Using Gold Resource hype-based prediction, you can estimate the value of Gold Resource from the perspective of Gold Resource 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 Gold Resource to buy its stock at a price that has no basis in reality. In that case, they are not buying Gold 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.
Gold Resource after-hype prediction price | USD 0.14 |
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.
Gold |
Gold Resource After-Hype Price Prediction Density Analysis
As far as predicting the price of Gold Resource 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 Gold Resource 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 Gold Resource, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gold Resource Estimiated After-Hype Price Volatility
In the context of predicting Gold Resource's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gold Resource's historical news coverage. Gold Resource's after-hype downside and upside margins for the prediction period are 0.01 and 10.24, respectively. We have considered Gold Resource'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
Gold Resource is out of control at this time. Analysis and calculation of next after-hype price of Gold Resource is based on 3 months time horizon.
Gold Resource Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Gold Resource is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gold Resource 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 Gold Resource, 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 |
0.79 | 10.10 | 0.02 | 0.00 | 8 Events / Month | 0 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.16 | 0.14 | 12.50 |
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Gold Resource Hype Timeline
Gold Resource is currently traded for 0.16. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.0. Gold is projected to decline in value after the next headline, with the price expected to drop to 0.14. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -12.5%, whereas the daily expected return is currently at -0.79%. The volatility of related hype on Gold Resource is about 202000.0%, with the expected price after the next announcement by competition of 0.16. About 17.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gold Resource recorded a loss per share of 0.49. The entity last dividend was issued on the 14th of December 2022. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Gold Resource Basic Forecasting Models to cross-verify your projections.Gold Resource Related Hype Analysis
Having access to credible news sources related to Gold Resource's direct competition is more important than ever and may enhance your ability to predict Gold Resource's future price movements. Getting to know how Gold Resource'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 Gold Resource may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FTCO | Fortitude Gold Corp | 0.00 | 0 per month | 1.29 | 0.10 | 3.19 | (2.33) | 16.65 | |
| GLDG | GoldMining | (0.01) | 2 per month | 1.74 | (0.01) | 4.26 | (2.91) | 11.50 |
Gold Resource Additional Predictive Modules
Most predictive techniques to examine Gold price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gold using various technical indicators. When you analyze Gold 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 Gold Resource Predictive Indicators
The successful prediction of Gold Resource 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 Gold Resource, 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 Gold Resource based on analysis of Gold Resource hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gold Resource's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gold Resource's related companies. | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0287 | 0.0301 | 0.0318 | Price To Sales Ratio | 0.94 | 0.34 | 0.32 |
Story Coverage note for Gold Resource
The number of cover stories for Gold Resource depends on current market conditions and Gold Resource's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gold Resource 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 Gold Resource'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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Gold Resource Short Properties
Gold Resource's future price predictability will typically decrease when Gold Resource's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gold Resource often depends not only on the future outlook of the potential Gold Resource'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. Gold Resource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.5 M | |
| Cash And Short Term Investments | 6.3 M |
Check out Gold Resource Basic Forecasting Models to cross-verify your projections. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.49) | Revenue Per Share 0.817 | Quarterly Revenue Growth (0.35) | Return On Assets (0.09) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.