Alta Global Group Stock Price Prediction

MMA Stock   1.78  0.11  6.59%   
At this time, the relative strength index (RSI) of Alta Global's share price is approaching 42. This 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 Alta Global, making its price go up or down.

Oversold Vs Overbought

42

 
Oversold
 
Overbought
The successful prediction of Alta Global's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Alta Global Group, which may create opportunities for some arbitrage if properly timed.
Using Alta Global hype-based prediction, you can estimate the value of Alta Global Group from the perspective of Alta Global 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 Alta Global to buy its stock at a price that has no basis in reality. In that case, they are not buying Alta 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.

Alta Global after-hype prediction price

    
  USD 1.42  
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 Alta Global Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.091.779.99
Details

Alta Global After-Hype Price Prediction Density Analysis

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

Alta Global Estimiated After-Hype Price Volatility

In the context of predicting Alta Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Alta Global's historical news coverage. Alta Global's after-hype downside and upside margins for the prediction period are 0.07 and 9.64, respectively. We have considered Alta Global'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
1.78
1.42
After-hype Price
9.64
Upside
Alta Global is extremely dangerous at this time. Analysis and calculation of next after-hype price of Alta Global Group is based on 3 months time horizon.

Alta Global Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Alta Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alta Global 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 Alta Global, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.68 
8.15
  0.35 
  0.14 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.78
1.42
20.22 
1,567  
Notes

Alta Global Hype Timeline

On the 26th of November Alta Global Group is traded for 1.78. The entity has historical hype elasticity of -0.35, and average elasticity to hype of competition of -0.14. Alta is expected to decline in value after the next headline, with the price expected to drop to 1.42. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -20.22%, whereas the daily expected return is now at -0.68%. The volatility of related hype on Alta Global is about 4024.69%, with the expected price after the next announcement by competition of 1.64. The company had not issued any dividends in recent years. Considering the 90-day investment horizon the next expected press release will be in about 9 days.
Check out Alta Global Basic Forecasting Models to cross-verify your projections.

Alta Global Related Hype Analysis

Having access to credible news sources related to Alta Global's direct competition is more important than ever and may enhance your ability to predict Alta Global's future price movements. Getting to know how Alta Global'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 Alta Global may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
AROWArrow Financial 0.56 9 per month 1.76  0.02  3.64 (3.25) 17.84 
ECPGEncore Capital Group(0.73)8 per month 0.00 (0.09) 2.57 (2.42) 9.26 
CCUCompania Cervecerias Unidas(0.09)6 per month 0.00 (0.11) 2.84 (2.43) 8.67 
AFSIPAmTrust Financial Services 0.00 0 per month 1.27  0.01  2.92 (2.49) 7.09 
FMXFomento Economico Mexicano(1.77)11 per month 0.00 (0.35) 1.68 (2.41) 5.50 
LBNKFLithiumBank Resources Corp 0.00 0 per month 0.00 (0.24) 6.67 (9.09) 18.37 
MNSTMonster Beverage Corp 0.37 10 per month 1.46  0.08  2.51 (1.35) 11.37 
APAMArtisan Partners Asset 0.04 10 per month 1.59  0.06  2.52 (2.47) 12.25 

Alta Global Additional Predictive Modules

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

The successful prediction of Alta Global 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 Alta Global Group, 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 Alta Global based on analysis of Alta Global hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Alta Global's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Alta Global's related companies.

Story Coverage note for Alta Global

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

Complementary Tools for Alta Stock analysis

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