Iamgold Stock Price Prediction
| IMG Stock | CAD 7.48 0.51 6.38% |
Oversold Vs Overbought
46
Oversold | Overbought |
Quarterly Earnings Growth (0.16) | EPS Estimate Next Quarter 0.16 | EPS Estimate Current Year 0.5711 | EPS Estimate Next Year 0.809 | Wall Street Target Price 7.4242 |
Using IAMGold hype-based prediction, you can estimate the value of IAMGold from the perspective of IAMGold 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 IAMGold to buy its stock at a price that has no basis in reality. In that case, they are not buying IAMGold 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.
IAMGold after-hype prediction price | CAD 7.87 |
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.
IAMGold |
IAMGold After-Hype Price Prediction Density Analysis
As far as predicting the price of IAMGold 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 IAMGold 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 IAMGold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
IAMGold Estimiated After-Hype Price Volatility
In the context of predicting IAMGold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on IAMGold's historical news coverage. IAMGold's after-hype downside and upside margins for the prediction period are 4.11 and 11.63, respectively. We have considered IAMGold'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
IAMGold is slightly risky at this time. Analysis and calculation of next after-hype price of IAMGold is based on 3 months time horizon.
IAMGold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as IAMGold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IAMGold 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 IAMGold, 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 |
0.19 | 3.85 | 0.07 | 0.01 | 5 Events / Month | 0 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
7.48 | 7.87 | 1.50 |
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IAMGold Hype Timeline
IAMGold is currently traded for 7.48on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 0.01. IAMGold is forecasted to decline in value after the next headline, with the price expected to drop to 7.87. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -1.5%, whereas the daily expected return is currently at 0.19%. The volatility of related hype on IAMGold is about 7218.75%, with the expected price after the next announcement by competition of 7.49. About 68.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. IAMGold last dividend was issued on the 28th of June 2013. The entity had 3:2 split on the 22nd of February 2006. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days. Check out IAMGold Basic Forecasting Models to cross-verify your projections.IAMGold Related Hype Analysis
Having access to credible news sources related to IAMGold's direct competition is more important than ever and may enhance your ability to predict IAMGold's future price movements. Getting to know how IAMGold'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 IAMGold 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 | 2.89 | 0.03 | 6.12 | (4.50) | 19.85 | |
| IE | Ivanhoe Energy | 0.10 | 1 per month | 2.84 | 0.11 | 5.97 | (4.72) | 19.82 | |
| ORE | Orezone Gold Corp | 0.01 | 1 per month | 0.00 | (0.10) | 5.19 | (6.49) | 18.09 |
IAMGold Additional Predictive Modules
Most predictive techniques to examine IAMGold price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for IAMGold using various technical indicators. When you analyze IAMGold 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 IAMGold Predictive Indicators
The successful prediction of IAMGold 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 IAMGold, 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 IAMGold based on analysis of IAMGold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to IAMGold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to IAMGold's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.003627 | 0.003446 | Price To Sales Ratio | 1.23 | 1.17 |
Story Coverage note for IAMGold
The number of cover stories for IAMGold depends on current market conditions and IAMGold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that IAMGold 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 IAMGold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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IAMGold Short Properties
IAMGold's future price predictability will typically decrease when IAMGold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of IAMGold often depends not only on the future outlook of the potential IAMGold'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. IAMGold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 484.6 M | |
| Cash And Short Term Investments | 367.1 M |
Check out IAMGold Basic Forecasting Models to cross-verify your projections. To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.