Thungela Resources (South Africa) Price Prediction
| TGA Stock | 13,101 51.00 0.39% |
Oversold Vs Overbought
56
Oversold | Overbought |
Using Thungela Resources hype-based prediction, you can estimate the value of Thungela Resources Limited from the perspective of Thungela 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 Thungela Resources to buy its stock at a price that has no basis in reality. In that case, they are not buying Thungela 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.
Thungela Resources after-hype prediction price | ZAC 13101.0 |
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.
Thungela |
Thungela Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of Thungela 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 Thungela 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 Thungela Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Thungela Resources Estimiated After-Hype Price Volatility
In the context of predicting Thungela Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thungela Resources' historical news coverage. Thungela Resources' after-hype downside and upside margins for the prediction period are 13,099 and 13,103, respectively. We have considered Thungela 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
Thungela Resources is very steady at this time. Analysis and calculation of next after-hype price of Thungela Resources is based on 3 months time horizon.
Thungela Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Thungela Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thungela 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 Thungela 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 |
0.10 | 1.91 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
13,101 | 13,101 | 0.00 |
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Thungela Resources Hype Timeline
Thungela Resources is at this time traded for 13,101on Johannesburg Exchange of South Africa. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Thungela 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 0.1%. %. The volatility of related hype on Thungela Resources is about 0.0%, with the expected price after the next announcement by competition of 13,101. About 40.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thungela Resources recorded earning per share (EPS) of 123.95. The entity last dividend was issued on the 21st of September 2022. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Thungela Resources Basic Forecasting Models to cross-verify your projections.Thungela Resources Related Hype Analysis
Having access to credible news sources related to Thungela Resources' direct competition is more important than ever and may enhance your ability to predict Thungela Resources' future price movements. Getting to know how Thungela 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 Thungela Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FTH | Frontier Transport Holdings | 0.00 | 0 per month | 0.00 | (0.03) | 3.48 | (6.59) | 24.10 | |
| HAR | Harmony Gold Mining | 0.00 | 0 per month | 2.38 | 0.05 | 5.92 | (4.86) | 15.41 | |
| SAR | Safari Investments RSA | 0.00 | 0 per month | 0.00 | 0.06 | 3.17 | (1.29) | 25.05 | |
| BOX | Boxer Retail | 0.00 | 0 per month | 0.42 | 0.21 | 5.50 | (2.61) | 20.51 | |
| RNI | Reinet Investments SCA | 0.00 | 0 per month | 1.27 | (0) | 2.09 | (1.99) | 7.50 | |
| ARA | Astoria Investments | 0.00 | 0 per month | 0.00 | (0.02) | 3.03 | (2.94) | 13.15 | |
| TMT | Trematon Capital Investments | 0.00 | 0 per month | 0.00 | (0.02) | 7.60 | (7.84) | 38.55 |
Thungela Resources Additional Predictive Modules
Most predictive techniques to examine Thungela price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thungela using various technical indicators. When you analyze Thungela 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 Thungela Resources Predictive Indicators
The successful prediction of Thungela 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 Thungela Resources 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 Thungela Resources based on analysis of Thungela Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thungela Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thungela Resources's related companies.
Story Coverage note for Thungela Resources
The number of cover stories for Thungela Resources depends on current market conditions and Thungela Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Thungela 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 Thungela 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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Thungela Resources Short Properties
Thungela Resources' future price predictability will typically decrease when Thungela Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thungela Resources Limited often depends not only on the future outlook of the potential Thungela 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. Thungela Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.3 M | |
| Cash And Short Term Investments | 8.8 B |
Complementary Tools for Thungela Stock analysis
When running Thungela Resources' price analysis, check to measure Thungela 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 Thungela Resources is operating at the current time. Most of Thungela Resources' value examination focuses on studying past and present price action to predict the probability of Thungela Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thungela Resources' price. Additionally, you may evaluate how the addition of Thungela Resources to your portfolios can decrease your overall portfolio volatility.
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