Proam Explorations Corp Stock Price Prediction

PMX Stock  CAD 0.05  0.00  0.00%   
The value of relative strength index of ProAm Explorations' share price is below 30 at this time indicating that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling ProAm Explorations Corp, making its price go up or down.

Oversold Vs Overbought

22

 
Oversold
 
Overbought
The successful prediction of ProAm Explorations' 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 ProAm Explorations and does not consider all of the tangible or intangible factors available from ProAm Explorations' fundamental data. We analyze noise-free headlines and recent hype associated with ProAm Explorations Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ProAm Explorations' stock price prediction:
Quarterly Earnings Growth
(0.71)
Quarterly Revenue Growth
(0.23)
Using ProAm Explorations hype-based prediction, you can estimate the value of ProAm Explorations Corp from the perspective of ProAm Explorations 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 ProAm Explorations to buy its stock at a price that has no basis in reality. In that case, they are not buying ProAm 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.

ProAm Explorations after-hype prediction price

    
  CAD 0.05  
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 ProAm Explorations Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.000.047.12
Details
Naive
Forecast
LowNextHigh
00.077.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.050.07
Details

ProAm Explorations After-Hype Price Prediction Density Analysis

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

ProAm Explorations Estimiated After-Hype Price Volatility

In the context of predicting ProAm Explorations' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ProAm Explorations' historical news coverage. ProAm Explorations' after-hype downside and upside margins for the prediction period are 0.00 and 7.13, respectively. We have considered ProAm Explorations' 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
0.05
0.05
After-hype Price
7.13
Upside
ProAm Explorations is out of control at this time. Analysis and calculation of next after-hype price of ProAm Explorations Corp is based on 3 months time horizon.

ProAm Explorations Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ProAm Explorations is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProAm Explorations 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 ProAm Explorations, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.22 
7.02
 0.00  
  0.01 
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.05
0.05
0.00 
0.00  
Notes

ProAm Explorations Hype Timeline

ProAm Explorations Corp is at this time traded for 0.05on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. ProAm 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 at this time at 0.22%. %. The volatility of related hype on ProAm Explorations is about 11084.21%, with the expected price after the next announcement by competition of 0.06. About 25.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ProAm Explorations Corp recorded a loss per share of 0.01. The entity last dividend was issued on the 11th of October 2019. The firm had 1:2 split on the 31st of May 2024. Assuming the 90 days horizon the next estimated press release will be very soon.
Check out ProAm Explorations Basic Forecasting Models to cross-verify your projections.

ProAm Explorations Related Hype Analysis

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

ProAm Explorations Additional Predictive Modules

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

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

Story Coverage note for ProAm Explorations

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

ProAm Explorations Short Properties

ProAm Explorations' future price predictability will typically decrease when ProAm Explorations' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ProAm Explorations Corp often depends not only on the future outlook of the potential ProAm Explorations' 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. ProAm Explorations' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding8.4 M

Additional Tools for ProAm Stock Analysis

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