Manitex Capital Stock Price Prediction

MNX Stock  CAD 0.14  0.00  0.00%   
At this time the relative strength index (rsi) of Manitex Capital's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

16

 
Oversold
 
Overbought
The successful prediction of Manitex Capital's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Manitex Capital and does not consider all of the tangible or intangible factors available from Manitex Capital's fundamental data. We analyze noise-free headlines and recent hype associated with Manitex Capital, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Manitex Capital's stock price prediction:
Quarterly Earnings Growth
0.25
Using Manitex Capital hype-based prediction, you can estimate the value of Manitex Capital from the perspective of Manitex Capital 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 Manitex Capital to buy its stock at a price that has no basis in reality. In that case, they are not buying Manitex 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.

Manitex Capital after-hype prediction price

    
  CAD 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.
  
Check out Manitex Capital Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.010.136.40
Details
Naive
Forecast
LowNextHigh
00.126.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.140.140.14
Details

Manitex Capital After-Hype Price Prediction Density Analysis

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

Manitex Capital Estimiated After-Hype Price Volatility

In the context of predicting Manitex Capital's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Manitex Capital's historical news coverage. Manitex Capital's after-hype downside and upside margins for the prediction period are 0.01 and 6.41, respectively. We have considered Manitex Capital'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
0.14
0.14
After-hype Price
6.41
Upside
Manitex Capital is out of control at this time. Analysis and calculation of next after-hype price of Manitex Capital is based on 3 months time horizon.

Manitex Capital Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Manitex Capital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manitex Capital 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 Manitex Capital, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.51 
6.27
 0.00  
  0.03 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.14
0.14
0.00 
0.00  
Notes

Manitex Capital Hype Timeline

Manitex Capital is now traded for 0.14on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Manitex 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 now at -0.51%. %. The volatility of related hype on Manitex Capital is about 11665.12%, with the expected price after the next announcement by competition of 0.17. About 61.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.23. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Manitex Capital recorded a loss per share of 0.07. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in a few days.
Check out Manitex Capital Basic Forecasting Models to cross-verify your projections.

Manitex Capital Related Hype Analysis

Having access to credible news sources related to Manitex Capital's direct competition is more important than ever and may enhance your ability to predict Manitex Capital's future price movements. Getting to know how Manitex Capital'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 Manitex Capital 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
ISDiSign Media Solutions 0.00 0 per month 0.88 (0.15) 1.01 (1.53) 3.19 
GYMTUT Fitness Group 0.00 1 per month 0.00 (0.30) 0.00  0.00  5.88 
RCI-ARogers Communications(0.26)1 per month 0.00 (0.15) 1.72 (2.19) 6.18 
BHCBausch Health Companies 0.17 3 per month 1.35  0.16  6.56 (2.72) 18.23 
RUMRocky Mountain Liquor(0.01)2 per month 0.00 (0.08) 7.69 (7.69) 16.03 
CVSCVS HEALTH CDR 0.00 0 per month 2.33 (0.01) 3.60 (3.08) 18.33 
NPTHNeuPath Health 0.00 0 per month 0.00 (0.04) 6.25 (5.88) 12.13 
JWELJamieson Wellness 0.53 3 per month 1.05  0.09  2.54 (1.60) 9.35 

Manitex Capital Additional Predictive Modules

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

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

Story Coverage note for Manitex Capital

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

Other Macroaxis Stories

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

Manitex Capital Short Properties

Manitex Capital's future price predictability will typically decrease when Manitex Capital's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Manitex Capital often depends not only on the future outlook of the potential Manitex Capital'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. Manitex Capital's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding12.7 M

Additional Tools for Manitex Stock Analysis

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