Medicure Stock Price Prediction

Intrinsic Valuation Low Real High 0.03 0.53 4.30 Details

Naive Forecast Low Next High 0.01 0.50 4.27 Details

Bollinger Band Projection (param) Lower Middle Band Upper 0.58 0.58 0.58 Details

Medicure After-Hype Price Prediction Density Analysis

Medicure Estimiated After-Hype Price Volatility

Medicure Pink Sheet Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.43	3.77	0.00	0.01	0 Events / Month	5 Events / Month	Uncertain

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
0.58	0.58	0.00	0.00   Notes

Medicure Hype Timeline

Medicure is now traded for 0.58. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Medicure is forecasted 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 forecasted to be very small, whereas the daily expected return is now at -0.43%. %. The volatility of related hype on Medicure is about 15873.68%, with the expected price after the next announcement by competition of 0.59. About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Medicure had not issued any dividends in recent years. The entity had 1:15 split on the 2nd of November 2012. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Medicure Basic Forecasting Models to cross-verify your projections.

Medicure Related Hype Analysis

Medicure Additional Predictive Modules

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

The successful prediction of Medicure 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 Medicure, 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 Medicure based on analysis of Medicure hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for Medicure depends on current market conditions and Medicure's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Medicure 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 Medicure's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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

Medicure's future price predictability will typically decrease when Medicure's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Medicure often depends not only on the future outlook of the potential Medicure'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. Medicure's indicators that are reflective of the short sentiment are summarized in the table below.

When running Medicure's price analysis, check to measure Medicure'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 Medicure is operating at the current time. Most of Medicure's value examination focuses on studying past and present price action to predict the probability of Medicure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicure's price. Additionally, you may evaluate how the addition of Medicure to your portfolios can decrease your overall portfolio volatility.