New Found Gold Stock Price Prediction
| NFGC Stock | USD 3.03 0.06 2.02% |
Momentum 55
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.78) | Wall Street Target Price 5 |
Using New Found hype-based prediction, you can estimate the value of New Found Gold from the perspective of New Found response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards New Found using New Found's stock options and short interest. It helps to benchmark the overall future attitude of investors towards New using crowd psychology based on the activity and movement of New Found's stock price.
New Found Short Interest
A significant increase or decrease in New Found's short interest from the previous month could be a good indicator of investor sentiment towards New. Short interest can provide insight into the potential direction of New Found stock and how bullish or bearish investors feel about the market overall.
200 Day MA 1.8192 | Short Percent 0.0039 | Short Ratio 2.94 | Shares Short Prior Month 8.9 M | 50 Day MA 2.4426 |
New Found Gold Hype to Price Pattern
Investor biases related to New Found's public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Found Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of New Found's market sentiment to its price can help taders to make decisions based on the overall investors consensus about New Found.
New Found Implied Volatility | 1.09 |
New Found's implied volatility exposes the market's sentiment of New Found Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if New Found's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that New Found stock will not fluctuate a lot when New Found's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in New Found to buy its stock at a price that has no basis in reality. In that case, they are not buying New 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.
New Found after-hype prediction price | USD 3.03 |
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 New Found Basic Forecasting Models to cross-verify your projections. New Found After-Hype Price Prediction Density Analysis
As far as predicting the price of New Found 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 New Found 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 New Found, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
New Found Estimiated After-Hype Price Volatility
In the context of predicting New Found's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on New Found's historical news coverage. New Found's after-hype downside and upside margins for the prediction period are 0.15 and 8.35, respectively. We have considered New Found'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
New Found is very risky at this time. Analysis and calculation of next after-hype price of New Found Gold is based on 3 months time horizon.
New Found Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as New Found is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Found 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 New Found, 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 |
0.51 | 5.37 | 0.03 | 0.02 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.03 | 3.03 | 0.00 |
|
New Found Hype Timeline
New Found Gold is now traded for 3.03. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.02. New 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.51%. %. The volatility of related hype on New Found is about 13425.0%, with the expected price after the next announcement by competition of 3.05. About 33.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.16. New Found Gold had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out New Found Basic Forecasting Models to cross-verify your projections.New Found Related Hype Analysis
Having access to credible news sources related to New Found's direct competition is more important than ever and may enhance your ability to predict New Found's future price movements. Getting to know how New Found'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 New Found may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DC | Dakota Gold Corp | 0.13 | 8 per month | 4.08 | 0.07 | 4.73 | (5.30) | 26.64 | |
| ODV | Osisko Development Corp | 0.12 | 9 per month | 4.80 | 0.02 | 5.62 | (6.45) | 17.22 | |
| IDR | Idaho Strategic Resources | 0.61 | 7 per month | 5.03 | 0.07 | 10.72 | (8.44) | 27.88 | |
| NVAWW | Nova Minerals Limited | (1.75) | 3 per month | 11.59 | 0.22 | 41.70 | (22.30) | 193.57 | |
| CMCL | Caledonia Mining | 0.20 | 12 per month | 0.00 | (0.10) | 5.74 | (8.12) | 20.82 | |
| ASTL | Algoma Steel Group | 0.17 | 8 per month | 4.14 | 0.04 | 7.85 | (6.86) | 20.99 | |
| RYAM | Rayonier Advanced Materials | (0.22) | 10 per month | 0.00 | (0.15) | 3.48 | (3.60) | 12.76 | |
| ITRG | Integra Resources Corp | 0.11 | 11 per month | 3.84 | 0.1 | 7.72 | (6.04) | 22.26 | |
| NB | NioCorp Developments Ltd | 0.11 | 8 per month | 7.81 | 0.01 | 12.26 | (13.18) | 34.42 | |
| HYMC | Hycroft Mining Holding | 0.92 | 10 per month | 4.37 | 0.28 | 11.98 | (8.03) | 57.36 |
New Found Additional Predictive Modules
Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New 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 New Found Predictive Indicators
The successful prediction of New Found 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 New Found Gold, 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 New Found based on analysis of New Found hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to New Found's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to New Found's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | PB Ratio | 12.72 | 7.55 | 8.68 | 8.25 | Capex To Depreciation | 1.9 | 5.51 | 6.34 | 6.02 |
Story Coverage note for New Found
The number of cover stories for New Found depends on current market conditions and New Found's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Found 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 New Found'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
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New Found Short Properties
New Found's future price predictability will typically decrease when New Found's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of New Found Gold often depends not only on the future outlook of the potential New Found'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. New Found's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 194 M | |
| Cash And Short Term Investments | 23.1 M |
Complementary Tools for New Stock analysis
When running New Found's price analysis, check to measure New Found'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 New Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.
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