PNM Resources Price Prediction
| PNMDelisted Stock | USD 43.25 0.21 0.48% |
Oversold Vs Overbought
70
Oversold | Overbought |
Using PNM Resources hype-based prediction, you can estimate the value of PNM Resources from the perspective of PNM Resources 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 PNM Resources to buy its stock at a price that has no basis in reality. In that case, they are not buying PNM 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.
PNM Resources after-hype prediction price | USD 43.36 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
PNM |
PNM Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of PNM Resources 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 PNM Resources 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 PNM Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PNM Resources Estimiated After-Hype Price Volatility
In the context of predicting PNM Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PNM Resources' historical news coverage. PNM Resources' after-hype downside and upside margins for the prediction period are 42.58 and 44.14, respectively. We have considered PNM Resources' 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
PNM Resources is very steady at this time. Analysis and calculation of next after-hype price of PNM Resources is based on 3 months time horizon.
PNM Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PNM Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PNM Resources 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 Delisted 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 PNM Resources, 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 |
0.18 | 0.78 | 0.11 | 0.02 | 7 Events / Month | 11 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
43.25 | 43.36 | 0.25 |
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PNM Resources Hype Timeline
On the 22nd of November PNM Resources is traded for 43.25. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of -0.02. PNM is estimated to increase in value after the next headline, with the price projected to jump to 43.36 or above. The average volatility of media hype impact on the company the price is about 123.81%. The price boost on the next news is projected to be 0.25%, whereas the daily expected return is at this time at 0.18%. The volatility of related hype on PNM Resources is about 798.43%, with the expected price after the next announcement by competition of 43.23. The company reported the last year's revenue of 1.94 B. Total Income to common stockholders was 106.88 M with profit before taxes, overhead, and interest of 1.02 B. Considering the 90-day investment horizon the next estimated press release will be in about 7 days. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.PNM Resources Related Hype Analysis
Having access to credible news sources related to PNM Resources' direct competition is more important than ever and may enhance your ability to predict PNM Resources' future price movements. Getting to know how PNM Resources' 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 PNM Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| POR | Portland General Electric | (0.69) | 10 per month | 0.98 | (0.08) | 1.54 | (1.60) | 5.04 | |
| MGEE | MGE Energy | (0.25) | 11 per month | 0.85 | 0.12 | 2.95 | (1.77) | 9.44 | |
| CMS | CMS Energy | (0.07) | 10 per month | 0.99 | (0.05) | 1.34 | (1.88) | 3.94 | |
| OGE | OGE Energy | 0.71 | 9 per month | 0.76 | 0.06 | 2.37 | (1.22) | 5.66 | |
| LNT | Alliant Energy Corp | 1.32 | 9 per month | 1.01 | 0.04 | 2.04 | (1.89) | 5.81 | |
| ETR | Entergy | 0.44 | 10 per month | 1.03 | 0.13 | 2.07 | (1.52) | 21.62 | |
| EVRG | Evergy, | 0.32 | 8 per month | 0.65 | 0.06 | 1.53 | (1.23) | 3.29 | |
| IDA | IDACORP | (1.93) | 10 per month | 0.43 | 0.12 | 2.29 | (1.08) | 4.12 | |
| PNW | Pinnacle West Capital | (0.61) | 10 per month | 0.78 | 0.02 | 1.99 | (1.48) | 4.99 | |
| DTE | DTE Energy | (1.18) | 10 per month | 1.38 | (0.08) | 1.44 | (2.13) | 5.21 | |
| AEE | Ameren Corp | (0.31) | 10 per month | 0.63 | 0.1 | 1.91 | (1.39) | 6.03 | |
| CNP | CenterPoint Energy | 0.99 | 13 per month | 0.93 | 0.16 | 2.72 | (1.74) | 6.25 | |
| EBR | Centrais Electricas Brasileiras | (0.01) | 9 per month | 0.00 | (0.25) | 2.79 | (3.29) | 9.56 |
PNM Resources Additional Predictive Modules
Most predictive techniques to examine PNM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PNM using various technical indicators. When you analyze PNM 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 PNM Resources Predictive Indicators
The successful prediction of PNM Resources 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 PNM Resources, 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 PNM Resources based on analysis of PNM Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PNM Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PNM Resources's related companies.
Story Coverage note for PNM Resources
The number of cover stories for PNM Resources depends on current market conditions and PNM Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PNM Resources 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 PNM Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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PNM Resources Short Properties
PNM Resources' future price predictability will typically decrease when PNM Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of PNM Resources often depends not only on the future outlook of the potential PNM Resources' 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. PNM Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.4 M | |
| Cash And Short Term Investments | 2.2 M |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PNM Resources' history and understand the potential risks before investing.
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