Thor Explorations Stock Price Prediction

THX Stock  CAD 0.28  0.02  6.67%   
At this time, the relative strength momentum indicator of Thor Explorations' share price is approaching 35. 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 Thor Explorations, making its price go up or down.

Oversold Vs Overbought

35

 
Oversold
 
Overbought
The successful prediction of Thor Explorations' 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 Thor Explorations and does not consider all of the tangible or intangible factors available from Thor Explorations' fundamental data. We analyze noise-free headlines and recent hype associated with Thor Explorations, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Thor Explorations' stock price prediction:
Quarterly Earnings Growth
0.906
EPS Estimate Current Year
0.243
EPS Estimate Next Year
0.135
Wall Street Target Price
0.46
Quarterly Revenue Growth
0.302
Using Thor Explorations hype-based prediction, you can estimate the value of Thor Explorations from the perspective of Thor Explorations 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 Thor Explorations to buy its stock at a price that has no basis in reality. In that case, they are not buying Thor 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.

Thor Explorations after-hype prediction price

    
  CAD 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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Thor Explorations Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.010.253.68
Details
Naive
Forecast
LowNextHigh
0.010.303.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
00.010.01
Details

Thor Explorations After-Hype Price Prediction Density Analysis

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

Thor Explorations Estimiated After-Hype Price Volatility

In the context of predicting Thor Explorations' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thor Explorations' historical news coverage. Thor Explorations' after-hype downside and upside margins for the prediction period are 0.01 and 3.71, respectively. We have considered Thor Explorations' 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
3.71
Upside
Thor Explorations is out of control at this time. Analysis and calculation of next after-hype price of Thor Explorations is based on 3 months time horizon.

Thor Explorations Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Thor Explorations is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thor Explorations 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 Thor Explorations, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
3.43
 0.00  
  0.01 
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.28
0.28
0.00 
0.00  
Notes

Thor Explorations Hype Timeline

Thor Explorations is at this time traded for 0.28on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Thor 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 -0.15%. %. The volatility of related hype on Thor Explorations is about 8575.0%, with the expected price after the next announcement by competition of 0.29. About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thor Explorations had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in about 5 days.
Check out Thor Explorations Basic Forecasting Models to cross-verify your projections.

Thor Explorations Related Hype Analysis

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

Thor Explorations Additional Predictive Modules

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

The successful prediction of Thor Explorations 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 Thor Explorations, 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 Thor Explorations based on analysis of Thor Explorations hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thor Explorations's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thor Explorations's related companies.
 2022 2023 2024 (projected)
Days Sales Outstanding0.490.730.69
PTB Ratio1.361.061.0

Story Coverage note for Thor Explorations

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

Thor Explorations Short Properties

Thor Explorations' future price predictability will typically decrease when Thor Explorations' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thor Explorations often depends not only on the future outlook of the potential Thor Explorations' 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. Thor Explorations' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding655.2 M
Cash And Short Term Investments10.3 M

Additional Tools for Thor Stock Analysis

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