Wescan Energy Corp Stock Price Prediction

WCE Stock  CAD 0.09  0.02  18.18%   
The value of relative strength index of WesCan Energy's share price is above 70 at this time. This entails that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling WesCan, making its price go up or down.

Oversold Vs Overbought

70

 
Oversold
 
Overbought
The successful prediction of WesCan Energy's 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 WesCan Energy and does not consider all of the tangible or intangible factors available from WesCan Energy's fundamental data. We analyze noise-free headlines and recent hype associated with WesCan Energy Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting WesCan Energy's stock price prediction:
Quarterly Earnings Growth
0.283
Quarterly Revenue Growth
0.525
Using WesCan Energy hype-based prediction, you can estimate the value of WesCan Energy Corp from the perspective of WesCan Energy 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 WesCan Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying WesCan 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.

WesCan Energy after-hype prediction price

    
  CAD 0.09  
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 WesCan Energy Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.000.085.52
Details
Naive
Forecast
LowNextHigh
00.085.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.100.12
Details

WesCan Energy After-Hype Price Prediction Density Analysis

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

WesCan Energy Estimiated After-Hype Price Volatility

In the context of predicting WesCan Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on WesCan Energy's historical news coverage. WesCan Energy's after-hype downside and upside margins for the prediction period are 0.00 and 5.53, respectively. We have considered WesCan Energy'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
0.09
0.09
After-hype Price
5.53
Upside
WesCan Energy is out of control at this time. Analysis and calculation of next after-hype price of WesCan Energy Corp is based on 3 months time horizon.

WesCan Energy Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as WesCan Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WesCan Energy 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 WesCan Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
5.44
 0.00  
 0.00  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.09
0.09
0.00 
0.00  
Notes

WesCan Energy Hype Timeline

WesCan Energy Corp is at this time traded for 0.09on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. WesCan 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 -0.02%. %. The volatility of related hype on WesCan Energy is about 108800.0%, with the expected price after the next announcement by competition of 0.09. About 33.0% of the company outstanding shares are owned by insiders. The book value of WesCan Energy was at this time reported as 0.04. The company had not issued any dividends in recent years. WesCan Energy Corp had 1:20 split on the 4th of October 2012. Assuming the 90 days horizon the next estimated press release will be very soon.
Check out WesCan Energy Basic Forecasting Models to cross-verify your projections.

WesCan Energy Related Hype Analysis

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

WesCan Energy Additional Predictive Modules

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

The successful prediction of WesCan Energy 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 WesCan Energy 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 WesCan Energy based on analysis of WesCan Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to WesCan Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to WesCan Energy's related companies.
 2023 2024 (projected)
Payables Turnover3.042.51
Days Of Inventory On Hand3.65E-43.47E-4

Story Coverage note for WesCan Energy

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

Other Macroaxis Stories

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WesCan Energy Short Properties

WesCan Energy's future price predictability will typically decrease when WesCan Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of WesCan Energy Corp often depends not only on the future outlook of the potential WesCan Energy'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. WesCan Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding41.5 M
Cash And Short Term Investments19.8 K

Additional Tools for WesCan Stock Analysis

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