Skeena Resources Stock Price Prediction

SKE Stock  USD 9.00  0.35  4.05%   
At the present time, the relative strength momentum indicator of Skeena Resources' share price is approaching 47. This usually implies that the stock 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 Skeena Resources, making its price go up or down.

Oversold Vs Overbought

47

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

Skeena Resources after-hype prediction price

    
  USD 9.0  
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 Skeena Resources Basic Forecasting Models to cross-verify your projections.
For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.
Intrinsic
Valuation
LowRealHigh
5.748.9012.06
Details
Naive
Forecast
LowNextHigh
6.269.4212.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.469.1310.81
Details

Skeena Resources After-Hype Price Prediction Density Analysis

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

Skeena Resources Estimiated After-Hype Price Volatility

In the context of predicting Skeena Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Skeena Resources' historical news coverage. Skeena Resources' after-hype downside and upside margins for the prediction period are 5.84 and 12.16, respectively. We have considered Skeena 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
9.00
9.00
After-hype Price
12.16
Upside
Skeena Resources is somewhat reliable at this time. Analysis and calculation of next after-hype price of Skeena Resources is based on 3 months time horizon.

Skeena Resources Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Skeena Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skeena 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 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 Skeena Resources, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.25 
3.16
  0.03 
  0.02 
4 Events / Month
7 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.00
9.00
0.00 
2,633  
Notes

Skeena Resources Hype Timeline

On the 22nd of November Skeena Resources is traded for 9.00. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.02. Skeena 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 0.25%. %. The volatility of related hype on Skeena Resources is about 4348.62%, with the expected price after the next announcement by competition of 9.02. About 75.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.36. Skeena Resources last dividend was issued on the 20th of October 2017. The entity had 1:4 split on the 10th of June 2021. Considering the 90-day investment horizon the next forecasted press release will be in about 4 days.
Check out Skeena Resources Basic Forecasting Models to cross-verify your projections.
For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.

Skeena Resources Related Hype Analysis

Having access to credible news sources related to Skeena Resources' direct competition is more important than ever and may enhance your ability to predict Skeena Resources' future price movements. Getting to know how Skeena 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 Skeena Resources 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
MTRNMaterion 1.90 9 per month 3.04 (0.04) 4.21 (2.83) 16.91 
CMPCompass Minerals International(0.27)9 per month 2.86  0.13  10.57 (5.36) 27.27 
IPXIperionX Limited American(0.49)9 per month 2.42  0.23  8.90 (5.15) 20.46 
EMXEMX Royalty Corp 0.03 2 per month 0.00 (0.06) 4.44 (2.99) 9.74 
NEXANexa Resources SA(0.17)4 per month 1.78  0.06  3.58 (2.92) 8.62 
FURYFury Gold Mines 0.02 6 per month 3.16 (0) 5.00 (4.44) 17.52 
VZLAVizsla Resources Corp 0.07 7 per month 0.00 (0.04) 5.67 (5.13) 19.16 
WRNWestern Copper and(0.02)3 per month 2.76 (0.03) 3.51 (4.31) 20.61 
USASAmericas Silver Corp 0.01 4 per month 4.46  0.09  14.29 (9.52) 32.51 
GLGTD Holdings 0.01 3 per month 0.00 (0.20) 6.67 (8.20) 19.27 
NKGFFNevada King Gold 0.00 0 per month 0.00 (0.04) 8.00 (11.11) 29.72 
STKXFStrikePoint Gold 0.00 0 per month 18.88  0.16  27.27 (25.00) 1,115 
EVGUFEvergold Corp 0.00 0 per month 0.00  0.07  38.89 (33.33) 204.76 
STGDFStone Gold 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
DUVNFPeruvian Metals Corp 0.00 0 per month 6.07  0.03  16.80 (15.89) 56.46 

Skeena Resources Additional Predictive Modules

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

The successful prediction of Skeena 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 Skeena 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 Skeena Resources based on analysis of Skeena Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Skeena Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Skeena Resources's related companies.
 2021 2022 2023 2024 (projected)
PB Ratio6.383.74.374.59
Capex To Depreciation5.679.850.0096260.009145

Story Coverage note for Skeena Resources

The number of cover stories for Skeena Resources depends on current market conditions and Skeena Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Skeena 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 Skeena Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Skeena Resources Short Properties

Skeena Resources' future price predictability will typically decrease when Skeena Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Skeena Resources often depends not only on the future outlook of the potential Skeena 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. Skeena Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding84.4 M
Cash And Short Term Investments92.7 M

Complementary Tools for Skeena Stock analysis

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