Terrascend Corp Stock Price Patterns
| TSND Stock | 0.81 0.02 2.41% |
Momentum 46
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter (0.02) | EPS Estimate Current Year (0.16) | EPS Estimate Next Year (0.04) | Wall Street Target Price 1.6932 | Quarterly Revenue Growth (0) |
Using TerrAscend Corp hype-based prediction, you can estimate the value of TerrAscend Corp from the perspective of TerrAscend Corp 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 TerrAscend Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying TerrAscend 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.
TerrAscend Corp after-hype prediction price | CAD 1.15 |
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.
TerrAscend |
TerrAscend Corp After-Hype Price Density Analysis
As far as predicting the price of TerrAscend Corp 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 TerrAscend Corp 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 TerrAscend Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TerrAscend Corp Estimiated After-Hype Price Volatility
In the context of predicting TerrAscend Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TerrAscend Corp's historical news coverage. TerrAscend Corp's after-hype downside and upside margins for the prediction period are 0.06 and 15.22, respectively. We have considered TerrAscend Corp'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
TerrAscend Corp is out of control at this time. Analysis and calculation of next after-hype price of TerrAscend Corp is based on 3 months time horizon.
TerrAscend Corp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as TerrAscend Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TerrAscend Corp 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 TerrAscend Corp, 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 |
1.45 | 14.07 | 0.48 | 0.19 | 5 Events / Month | 2 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.81 | 1.16 | 42.59 |
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TerrAscend Corp Hype Timeline
TerrAscend Corp is at this time traded for 0.81on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.48, and average elasticity to hype of competition of -0.19. TerrAscend is estimated to increase in value after the next headline, with the price projected to jump to 1.155 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 42.59%, whereas the daily expected return is at this time at 1.45%. The volatility of related hype on TerrAscend Corp is about 10552.5%, with the expected price after the next announcement by competition of 0.62. TerrAscend Corp has accumulated 246.18 M in total debt. Debt can assist TerrAscend Corp until it has trouble settling it off, either with new capital or with free cash flow. So, TerrAscend Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TerrAscend Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TerrAscend to invest in growth at high rates of return. When we think about TerrAscend Corp's use of debt, we should always consider it together with cash and equity.Assuming the 90 days trading horizon the next estimated press release will be in about 5 days. Check out TerrAscend Corp Basic Forecasting Models to cross-verify your projections.TerrAscend Corp Related Hype Analysis
Having access to credible news sources related to TerrAscend Corp's direct competition is more important than ever and may enhance your ability to predict TerrAscend Corp's future price movements. Getting to know how TerrAscend Corp'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 TerrAscend Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OGI | OrganiGram Holdings | (0.03) | 7 per month | 0.00 | (0.08) | 5.43 | (6.82) | 29.72 | |
| WEED | Canopy Growth Corp | (0.01) | 8 per month | 4.36 | 0.01 | 7.23 | (7.83) | 65.32 | |
| EPRX | Eupraxia Pharmaceuticals | (0.28) | 4 per month | 2.46 | 0.08 | 6.09 | (4.53) | 21.64 | |
| CPH | Cipher Pharmaceuticals | (0.58) | 5 per month | 1.36 | 0.06 | 3.49 | (2.50) | 9.18 | |
| XLY | Auxly Cannabis Group | 0.01 | 4 per month | 0.00 | (0.12) | 7.14 | (7.14) | 21.98 | |
| FRX | Fennec Pharmaceuticals | (0.36) | 3 per month | 1.62 | 0.04 | 5.68 | (2.93) | 19.37 | |
| DR | Medical Facilities | 0.15 | 5 per month | 1.13 | 0.08 | 3.05 | (2.17) | 11.85 | |
| ACB | Aurora Cannabis | 0.08 | 7 per month | 0.00 | (0.09) | 5.53 | (5.90) | 30.59 | |
| HLS | HLS Therapeutics | (0.18) | 3 per month | 0.00 | (0.18) | 1.63 | (2.55) | 7.87 |
TerrAscend Corp Additional Predictive Modules
Most predictive techniques to examine TerrAscend price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TerrAscend using various technical indicators. When you analyze TerrAscend 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 TerrAscend Corp Predictive Indicators
The successful prediction of TerrAscend Corp 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 TerrAscend Corp, 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 TerrAscend Corp based on analysis of TerrAscend Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TerrAscend Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TerrAscend Corp's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Days Sales Outstanding | 21.91 | 32.32 | 37.16 | 35.31 | PTB Ratio | 1.45 | 1.05 | 1.21 | 1.15 |
Pair Trading with TerrAscend Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TerrAscend Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TerrAscend Corp will appreciate offsetting losses from the drop in the long position's value.Moving against TerrAscend Stock
The ability to find closely correlated positions to TerrAscend Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TerrAscend Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TerrAscend Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TerrAscend Corp to buy it.
The correlation of TerrAscend Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TerrAscend Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TerrAscend Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TerrAscend Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in TerrAscend Stock
TerrAscend Corp financial ratios help investors to determine whether TerrAscend Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TerrAscend with respect to the benefits of owning TerrAscend Corp security.