Shandong Weigao Group Stock Price Prediction

SHWGY Stock  USD 2.27  0.04  1.79%   
At this time, the relative strength index (RSI) of Shandong Weigao's share price is approaching 35. This usually implies that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Shandong Weigao, making its price go up or down.

Oversold Vs Overbought

35

 
Oversold
 
Overbought
The successful prediction of Shandong Weigao's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Shandong Weigao Group, which may create opportunities for some arbitrage if properly timed.
Using Shandong Weigao hype-based prediction, you can estimate the value of Shandong Weigao Group from the perspective of Shandong Weigao 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 Shandong Weigao to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Shandong 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.

Shandong Weigao after-hype prediction price

    
  USD 2.27  
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 Shandong Weigao Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.102.067.02
Details
Naive
Forecast
LowNextHigh
0.042.047.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.092.242.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shandong Weigao. Your research has to be compared to or analyzed against Shandong Weigao's peers to derive any actionable benefits. When done correctly, Shandong Weigao'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 Shandong Weigao Group.

Shandong Weigao After-Hype Price Prediction Density Analysis

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

Shandong Weigao Estimiated After-Hype Price Volatility

In the context of predicting Shandong Weigao's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shandong Weigao's historical news coverage. Shandong Weigao's after-hype downside and upside margins for the prediction period are 0.11 and 7.23, respectively. We have considered Shandong Weigao'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
2.27
2.27
After-hype Price
7.23
Upside
Shandong Weigao is dangerous at this time. Analysis and calculation of next after-hype price of Shandong Weigao Group is based on 3 months time horizon.

Shandong Weigao Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Shandong Weigao is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shandong Weigao 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 Shandong Weigao, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.30 
4.96
 0.00  
  0.62 
0 Events / Month
8 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.27
2.27
0.00 
0.00  
Notes

Shandong Weigao Hype Timeline

Shandong Weigao Group is at this time traded for 2.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.62. Shandong 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 at this time at 0.3%. %. The volatility of related hype on Shandong Weigao is about 241.33%, with the expected price after the next announcement by competition of 1.65. The book value of the company was at this time reported as 18.04. The company last dividend was issued on the 3rd of October 2022. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Shandong Weigao Basic Forecasting Models to cross-verify your projections.

Shandong Weigao Related Hype Analysis

Having access to credible news sources related to Shandong Weigao's direct competition is more important than ever and may enhance your ability to predict Shandong Weigao's future price movements. Getting to know how Shandong Weigao'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 Shandong Weigao may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ANSLFAnsell Limited 0.00 0 per month 0.00  0.12  0.00  0.00  17.44 
SAUHYStraumann Holding AG 0.00 0 per month 0.00 (0.13) 2.72 (4.38) 12.55 
UTMDUtah Medical Products(1.29)7 per month 0.00 (0.18) 1.12 (1.82) 7.07 
ATRIATRION(0.10)7 per month 0.00 (0.16) 0.94 (1.35) 6.29 
ANGOAngioDynamics 0.02 13 per month 0.00 (0.05) 3.71 (4.03) 18.73 
SAUHFStraumann Holding AG 0.00 0 per month 0.00 (0.05) 7.03 (7.79) 18.80 
CLPBYColoplast A 0.00 0 per month 0.00 (0.16) 2.00 (2.45) 5.64 
HOCPYHoya Corp 0.00 0 per month 0.00 (0.15) 2.30 (3.40) 9.14 
NEPHNephros(0.03)6 per month 0.00 (0.17) 2.74 (4.09) 11.29 
ESLOFEssilorLuxottica Socit anonyme 0.00 0 per month 1.84 (0.05) 2.56 (3.06) 8.50 
ESLOYEssilor International SA 0.00 0 per month 0.97 (0.09) 1.75 (1.88) 5.17 
MMSIMerit Medical Systems 0.25 10 per month 0.86 (0.01) 2.07 (1.23) 6.42 
ICUIICU Medical(18.49)8 per month 1.74 (0.07) 2.77 (2.50) 10.44 
NVSTEnvista Holdings Corp(1.03)7 per month 1.67  0.08  3.96 (2.68) 13.77 
RGENRepligen(16.14)11 per month 3.32 (0.01) 4.60 (4.70) 18.94 
STAASTAAR Surgical(0.19)11 per month 0.00 (0.07) 7.01 (4.26) 17.93 
RMDResMed Inc 2.06 9 per month 1.61 (0.05) 2.08 (2.59) 11.88 

Shandong Weigao Additional Predictive Modules

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

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

Story Coverage note for Shandong Weigao

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

Shandong Weigao Short Properties

Shandong Weigao's future price predictability will typically decrease when Shandong Weigao's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Shandong Weigao Group often depends not only on the future outlook of the potential Shandong Weigao'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. Shandong Weigao's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4.5 B

Additional Tools for Shandong Pink Sheet Analysis

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