Mcewen Mining Stock Price Patterns
| MUX Stock | CAD 35.06 1.31 3.88% |
Momentum 52
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter 0.305 | EPS Estimate Current Year 0.31 | EPS Estimate Next Year 1.875 | Wall Street Target Price 45.1113 | EPS Estimate Current Quarter 0.28 |
Using McEwen Mining hype-based prediction, you can estimate the value of McEwen Mining from the perspective of McEwen Mining 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 McEwen Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying McEwen 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.
McEwen Mining after-hype prediction price | CAD 35.4 |
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.
McEwen |
McEwen Mining After-Hype Price Density Analysis
As far as predicting the price of McEwen Mining 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 McEwen Mining 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 McEwen Mining, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
McEwen Mining Estimiated After-Hype Price Volatility
In the context of predicting McEwen Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on McEwen Mining's historical news coverage. McEwen Mining's after-hype downside and upside margins for the prediction period are 31.21 and 39.59, respectively. We have considered McEwen Mining'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
McEwen Mining is not too volatile at this time. Analysis and calculation of next after-hype price of McEwen Mining is based on 3 months time horizon.
McEwen Mining Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as McEwen Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McEwen Mining 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 McEwen Mining, 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 |
0.71 | 4.18 | 0.48 | 0.05 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
35.06 | 35.40 | 0.97 |
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McEwen Mining Hype Timeline
McEwen Mining is now traded for 35.06on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.48, and average elasticity to hype of competition of -0.05. McEwen is anticipated to increase in value after the next headline, with the price projected to jump to 35.4 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.97%, whereas the daily expected return is now at 0.71%. The volatility of related hype on McEwen Mining is about 5500.0%, with the expected price after the next announcement by competition of 35.01. The company reported the revenue of 174.48 M. Net Loss for the year was (43.69 M) with profit before overhead, payroll, taxes, and interest of 53.95 M. Assuming the 90 days trading horizon the next anticipated press release will be in about 7 days. Check out McEwen Mining Basic Forecasting Models to cross-verify your projections.McEwen Mining Related Hype Analysis
Having access to credible news sources related to McEwen Mining's direct competition is more important than ever and may enhance your ability to predict McEwen Mining's future price movements. Getting to know how McEwen Mining'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 McEwen Mining may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SLS | Solaris Resources | (0.09) | 8 per month | 3.08 | 0.14 | 6.11 | (3.30) | 21.48 | |
| ABRA | AbraSilver Resource Corp | (0.31) | 9 per month | 4.34 | 0.20 | 10.59 | (6.56) | 29.69 | |
| CNL | Collective Mining | (0.52) | 8 per month | 3.60 | 0.15 | 8.04 | (5.87) | 22.20 | |
| MSA | Mineros SA | 0.09 | 8 per month | 3.31 | 0.13 | 5.56 | (5.92) | 17.17 | |
| AFM | Alphamin Res | 0.00 | 0 per month | 3.48 | 0.08 | 7.14 | (6.43) | 16.95 | |
| NDM | Northern Dynasty Minerals | (0.09) | 6 per month | 4.67 | 0.06 | 9.03 | (9.03) | 24.13 | |
| CFP | Canfor | 0.06 | 5 per month | 2.04 | 0.13 | 5.37 | (3.55) | 12.01 | |
| RUP | Rupert Resources | (0.06) | 2 per month | 2.96 | 0.11 | 6.52 | (4.76) | 15.74 | |
| ASM | Avino Silver Gold | 0.02 | 8 per month | 4.90 | 0.20 | 12.67 | (8.52) | 36.66 | |
| LAC | Lithium Americas Corp | 0.14 | 2 per month | 0.00 | (0.02) | 7.40 | (6.82) | 19.86 |
McEwen Mining Additional Predictive Modules
Most predictive techniques to examine McEwen price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for McEwen using various technical indicators. When you analyze McEwen 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 McEwen Mining Predictive Indicators
The successful prediction of McEwen Mining 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 McEwen Mining, 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 McEwen Mining based on analysis of McEwen Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to McEwen Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to McEwen Mining's related companies. | 2025 | 2026 (projected) | Dividend Yield | 0.003464 | 0.004568 | Price To Sales Ratio | 2.61 | 2.48 |
Pair Trading with McEwen Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McEwen Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McEwen Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with McEwen Stock
| 0.97 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
| 0.85 | IE | Ivanhoe Energy | PairCorr |
| 0.97 | ORE | Orezone Gold Corp | PairCorr |
| 0.9 | FDY | Faraday Copper Corp | PairCorr |
Moving against McEwen Stock
The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McEwen Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McEwen Mining to buy it.
The correlation of McEwen Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McEwen Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out McEwen Mining Basic Forecasting Models to cross-verify your projections. To learn how to invest in McEwen Stock, please use our How to Invest in McEwen Mining guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.