Nedbank Group Stock Price Prediction

NDBKY Stock  USD 16.43  0.21  1.29%   
At this time, The relative strength index (RSI) of Nedbank's share price is at 55. This indicates that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Nedbank, making its price go up or down.

Oversold Vs Overbought

55

 
Oversold
 
Overbought
The successful prediction of Nedbank's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Nedbank Group, which may create opportunities for some arbitrage if properly timed.
Using Nedbank hype-based prediction, you can estimate the value of Nedbank Group from the perspective of Nedbank 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 Nedbank to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Nedbank 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Nedbank after-hype prediction price

    
  USD 16.43  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Nedbank Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
12.4914.0218.07
Details
Naive
Forecast
LowNextHigh
14.1415.6717.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.8916.7117.53
Details

Nedbank After-Hype Price Prediction Density Analysis

As far as predicting the price of Nedbank 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 Nedbank 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 Pink Sheet prices, such as prices of Nedbank, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Nedbank Estimiated After-Hype Price Volatility

In the context of predicting Nedbank's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nedbank's historical news coverage. Nedbank's after-hype downside and upside margins for the prediction period are 14.90 and 17.96, respectively. We have considered Nedbank'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
16.43
16.43
After-hype Price
17.96
Upside
Nedbank is not too volatile at this time. Analysis and calculation of next after-hype price of Nedbank Group is based on 3 months time horizon.

Nedbank Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nedbank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nedbank 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 Pink Sheet 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 Nedbank, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
1.53
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.43
16.43
0.00 
0.00  
Notes

Nedbank Hype Timeline

Nedbank Group is now traded for 16.43. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nedbank 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 0.04%. %. The volatility of related hype on Nedbank is about 0.0%, with the expected price after the next announcement by competition of 16.43. The company has price-to-book ratio of 0.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nedbank Group last dividend was issued on the 1st of September 2022. The entity had 2:1 split on the 1st of February 2011. Assuming the 90 days horizon the next forecasted press release will be uncertain.
Check out Nedbank Basic Forecasting Models to cross-verify your projections.

Nedbank Related Hype Analysis

Having access to credible news sources related to Nedbank's direct competition is more important than ever and may enhance your ability to predict Nedbank's future price movements. Getting to know how Nedbank'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 Nedbank may potentially react to the hype associated with one of its peers.

Nedbank Additional Predictive Modules

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

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

Story Coverage note for Nedbank

The number of cover stories for Nedbank depends on current market conditions and Nedbank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nedbank 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 Nedbank'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

Nedbank Short Properties

Nedbank's future price predictability will typically decrease when Nedbank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nedbank Group often depends not only on the future outlook of the potential Nedbank'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. Nedbank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding494.8 M
Cash And Short Term Investments64.4 B

Additional Tools for Nedbank Pink Sheet Analysis

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