Resolute Mining Limited Stock Price Prediction

RMGGF Stock  USD 0.28  0.02  7.69%   
As of 23rd of November 2024 the relative strength index (rsi) of Resolute Mining's share price is below 20 indicating that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

15

 
Oversold
 
Overbought
The successful prediction of Resolute Mining's 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 Resolute Mining and does not consider all of the tangible or intangible factors available from Resolute Mining's fundamental data. We analyze noise-free headlines and recent hype associated with Resolute Mining Limited, which may create opportunities for some arbitrage if properly timed.
Using Resolute Mining hype-based prediction, you can estimate the value of Resolute Mining Limited from the perspective of Resolute 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 Resolute Mining to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Resolute 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.

Resolute Mining after-hype prediction price

    
  USD 0.28  
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 Resolute Mining Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.010.277.39
Details
Naive
Forecast
LowNextHigh
0.010.297.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.280.280.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Resolute Mining. Your research has to be compared to or analyzed against Resolute Mining's peers to derive any actionable benefits. When done correctly, Resolute Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Resolute Mining.

Resolute Mining After-Hype Price Prediction Density Analysis

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

Resolute Mining Estimiated After-Hype Price Volatility

In the context of predicting Resolute Mining's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Resolute Mining's historical news coverage. Resolute Mining's after-hype downside and upside margins for the prediction period are 0.01 and 7.40, respectively. We have considered Resolute 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.28
0.28
After-hype Price
7.40
Upside
Resolute Mining is out of control at this time. Analysis and calculation of next after-hype price of Resolute Mining is based on 3 months time horizon.

Resolute Mining Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Resolute Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Resolute 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 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 Resolute Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
7.06
  0.04 
 0.00  
3 Events / Month
0 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.28
0.28
0.00 
5,043  
Notes

Resolute Mining Hype Timeline

Resolute Mining is at this time traded for 0.28. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.0. Resolute 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 at this time at -0.32%. %. The volatility of related hype on Resolute Mining is about 45385.71%, with the expected price after the next announcement by competition of 0.28. About 39.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Resolute Mining recorded a loss per share of 0.29. The entity last dividend was issued on the 28th of September 2017. Assuming the 90 days horizon the next forecasted press release will be in about 3 days.
Check out Resolute Mining Basic Forecasting Models to cross-verify your projections.

Resolute Mining Related Hype Analysis

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

Resolute Mining Additional Predictive Modules

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

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

Story Coverage note for Resolute Mining

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

Resolute Mining Short Properties

Resolute Mining's future price predictability will typically decrease when Resolute Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Resolute Mining Limited often depends not only on the future outlook of the potential Resolute Mining'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. Resolute Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.1 B

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