Tgs Asa Stock Price Prediction
| TGSNF Stock | USD 9.60 0.60 6.67% |
Oversold Vs Overbought
14
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of TGS ASA based on different types of headlines from major news networks to social media. Using TGS ASA hype-based prediction, you can estimate the value of TGS ASA from the perspective of TGS ASA response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in TGS ASA. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in TGS ASA to buy its otc stock at a price that has no basis in reality. In that case, they are not buying TGS 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 otc stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
TGS ASA after-hype prediction price | USD 9.6 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
TGS |
TGS ASA After-Hype Price Prediction Density Analysis
As far as predicting the price of TGS ASA 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 TGS ASA 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 OTC Stock prices, such as prices of TGS ASA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TGS ASA Estimiated After-Hype Price Volatility
In the context of predicting TGS ASA's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TGS ASA's historical news coverage. TGS ASA's after-hype downside and upside margins for the prediction period are 7.86 and 11.34, respectively. We have considered TGS ASA'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
TGS ASA is not too volatile at this time. Analysis and calculation of next after-hype price of TGS ASA is based on 3 months time horizon.
TGS ASA OTC Stock Price Prediction Analysis
Have you ever been surprised when a price of a OTC Stock such as TGS ASA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TGS ASA 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 OTC 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 TGS ASA, 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 | 1.74 | 0.00 | 0.02 | 0 Events / Month | 8 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
9.60 | 9.60 | 0.00 |
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TGS ASA Hype Timeline
TGS ASA is at this time traded for 9.60. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. TGS is estimated 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 estimated to be very small, whereas the daily expected return is at this time at -0.1%. %. The volatility of related hype on TGS ASA is about 1074.07%, with the expected price after the next announcement by competition of 9.62. About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.22. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TGS ASA recorded a loss per share of 0.59. The entity last dividend was issued on the 16th of February 2023. The firm had 4:1 split on the 15th of June 2006. Assuming the 90 days horizon the next estimated press release will be within a week. Check out TGS ASA Basic Forecasting Models to cross-verify your projections.TGS ASA Related Hype Analysis
Having access to credible news sources related to TGS ASA's direct competition is more important than ever and may enhance your ability to predict TGS ASA's future price movements. Getting to know how TGS ASA'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 TGS ASA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| XPRO | Expro Group Holdings | 0.13 | 7 per month | 0.00 | (0.22) | 4.03 | (4.86) | 15.49 | |
| CHX | ChampionX | 0.32 | 7 per month | 1.78 | (0.06) | 2.87 | (3.32) | 11.10 | |
| RNGR | Ranger Energy Services | 0.24 | 9 per month | 1.29 | 0.17 | 3.56 | (2.21) | 6.77 | |
| WHD | Cactus Inc | 1.14 | 9 per month | 2.16 | 0.04 | 3.85 | (4.46) | 16.21 | |
| MRC | MRC Global | (0.63) | 8 per month | 1.54 | (0) | 3.28 | (2.94) | 18.83 | |
| VTOL | Bristow Group | (0.04) | 7 per month | 2.17 | (0.05) | 2.89 | (2.86) | 12.05 | |
| OIS | Oil States International | 0.07 | 9 per month | 2.73 | (0) | 5.26 | (4.37) | 15.23 | |
| GEOS | Geospace Technologies | (0.19) | 7 per month | 4.08 | 0 | 4.68 | (4.18) | 27.12 | |
| WFRD | Weatherford International PLC | 0.51 | 7 per month | 0.00 | (0.16) | 3.51 | (4.75) | 14.60 | |
| EFXT | Enerflex | 0.07 | 9 per month | 1.22 | 0.29 | 4.56 | (2.72) | 8.19 |
TGS ASA Additional Predictive Modules
Most predictive techniques to examine TGS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TGS using various technical indicators. When you analyze TGS 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 TGS ASA Predictive Indicators
The successful prediction of TGS ASA 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 TGS ASA, 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 TGS ASA based on analysis of TGS ASA hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TGS ASA's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TGS ASA's related companies.
Story Coverage note for TGS ASA
The number of cover stories for TGS ASA depends on current market conditions and TGS ASA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TGS ASA 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 TGS ASA's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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TGS ASA Short Properties
TGS ASA's future price predictability will typically decrease when TGS ASA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TGS ASA often depends not only on the future outlook of the potential TGS ASA'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. TGS ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 116.1 M |
Complementary Tools for TGS OTC Stock analysis
When running TGS ASA's price analysis, check to measure TGS ASA'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 TGS ASA is operating at the current time. Most of TGS ASA's value examination focuses on studying past and present price action to predict the probability of TGS ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS ASA's price. Additionally, you may evaluate how the addition of TGS ASA to your portfolios can decrease your overall portfolio volatility.
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