CONOIL PLC (Nigeria) Price Prediction
CONOIL Stock | 387.20 35.20 10.00% |
Oversold Vs Overbought
85
Oversold | Overbought |
Using CONOIL PLC hype-based prediction, you can estimate the value of CONOIL PLC from the perspective of CONOIL PLC 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 CONOIL PLC to buy its stock at a price that has no basis in reality. In that case, they are not buying CONOIL 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.
CONOIL PLC after-hype prediction price | NGN 387.2 |
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.
CONOIL |
CONOIL PLC Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of CONOIL PLC 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 CONOIL PLC 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 CONOIL PLC, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
CONOIL PLC Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as CONOIL PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CONOIL PLC 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 CONOIL PLC, 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 |
1.37 | 3.36 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
387.20 | 387.20 | 0.00 |
|
CONOIL PLC Hype Timeline
CONOIL PLC is currently traded for 387.20on Nigerian Stock Exchange of Nigeria. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CONOIL 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 currently at 1.37%. %. The volatility of related hype on CONOIL PLC is about 0.0%, with the expected price after the next announcement by competition of 387.20. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.CONOIL PLC Related Hype Analysis
Having access to credible news sources related to CONOIL PLC's direct competition is more important than ever and may enhance your ability to predict CONOIL PLC's future price movements. Getting to know how CONOIL PLC'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 CONOIL PLC may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
WAPIC | CORONATION INSURANCE PLC | 0.00 | 0 per month | 3.50 | 0.19 | 9.09 | (7.23) | 19.82 | |
ABBEYBDS | ABBEY MORTGAGE BANK | 0.00 | 0 per month | 0.00 | 0.03 | 8.70 | (9.23) | 19.83 | |
ETI | ECOBANK TRANSNATIONAL INCORPORATED | 0.00 | 0 per month | 0.00 | 0.15 | 1.05 | 0.00 | 11.88 | |
IKEJAHOTEL | IKEJA HOTELS PLC | 0.00 | 0 per month | 0.00 | 0.10 | 7.38 | (1.84) | 18.54 | |
GOLDINSURE | GOLDLINK INSURANCE PLC | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CORNERST | CORNERSTONE INSURANCE PLC | 0.00 | 0 per month | 2.54 | 0.09 | 7.60 | (4.90) | 16.51 |
CONOIL PLC Additional Predictive Modules
Most predictive techniques to examine CONOIL price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CONOIL using various technical indicators. When you analyze CONOIL 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 |
Story Coverage note for CONOIL PLC
The number of cover stories for CONOIL PLC depends on current market conditions and CONOIL PLC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CONOIL PLC 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 CONOIL PLC's 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
Story Categories
Currently Trending Categories
Complementary Tools for CONOIL Stock analysis
When running CONOIL PLC's price analysis, check to measure CONOIL PLC'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 CONOIL PLC is operating at the current time. Most of CONOIL PLC's value examination focuses on studying past and present price action to predict the probability of CONOIL PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONOIL PLC's price. Additionally, you may evaluate how the addition of CONOIL PLC to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |