Newmont Goldcorp Corp Stock Price Prediction
| NEM Stock | USD 38.28 1.26 3.40% |
Oversold Vs Overbought
37
Oversold | Overbought |
Quarterly Earnings Growth 3.039 | EPS Estimate Next Quarter 1.05 | EPS Estimate Current Year 3.1093 | EPS Estimate Next Year 3.8142 | Wall Street Target Price 54.1329 |
Using Newmont Goldcorp hype-based prediction, you can estimate the value of Newmont Goldcorp Corp from the perspective of Newmont Goldcorp 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 Newmont Goldcorp to buy its stock at a price that has no basis in reality. In that case, they are not buying Newmont 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.
Newmont Goldcorp after-hype prediction price | USD 38.24 |
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.
Newmont |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Newmont Goldcorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Newmont Goldcorp After-Hype Price Prediction Density Analysis
As far as predicting the price of Newmont Goldcorp 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 Newmont Goldcorp 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 Newmont Goldcorp, with the unreliable approximations that try to describe financial returns.
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| Expected price to next headline |
Newmont Goldcorp Estimiated After-Hype Price Volatility
In the context of predicting Newmont Goldcorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Newmont Goldcorp's historical news coverage. Newmont Goldcorp's after-hype downside and upside margins for the prediction period are 35.71 and 40.77, respectively. We have considered Newmont Goldcorp'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
Newmont Goldcorp is very steady at this time. Analysis and calculation of next after-hype price of Newmont Goldcorp Corp is based on 3 months time horizon.
Newmont Goldcorp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Newmont Goldcorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Newmont Goldcorp 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 Newmont Goldcorp, 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 |
0.50 | 2.53 | 0.04 | 0.12 | 8 Events / Month | 4 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
38.28 | 38.24 | 0.10 |
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Newmont Goldcorp Hype Timeline
On the 22nd of December Newmont Goldcorp Corp is traded for 38.28. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of -0.12. Newmont is forecasted to decline in value after the next headline, with the price expected to drop to 38.24. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.1%, whereas the daily expected return is now at -0.5%. The volatility of related hype on Newmont Goldcorp is about 1100.0%, with the expected price after the next announcement by competition of 38.16. About 74.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newmont Goldcorp Corp has Price/Earnings To Growth (PEG) ratio of 0.79. The entity recorded a loss per share of 2.19. The firm last dividend was issued on the 27th of November 2024. Newmont Goldcorp had 5:4 split on the 22nd of April 1994. Considering the 90-day investment horizon the next forecasted press release will be in about 8 days. Check out Newmont Goldcorp Basic Forecasting Models to cross-verify your projections.Newmont Goldcorp Related Hype Analysis
Having access to credible news sources related to Newmont Goldcorp's direct competition is more important than ever and may enhance your ability to predict Newmont Goldcorp's future price movements. Getting to know how Newmont Goldcorp'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 Newmont Goldcorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WPM | Wheaton Precious Metals | (1.87) | 10 per month | 0.00 | (0.07) | 2.78 | (4.25) | 10.53 | |
| RGLD | Royal Gold | 1.40 | 10 per month | 0.00 | (0.05) | 2.83 | (2.76) | 10.29 | |
| AEM | Agnico Eagle Mines | (0.68) | 10 per month | 0.00 | (0.04) | 3.61 | (3.06) | 11.66 | |
| SAND | Sandstorm Gold Ltd | 0.01 | 9 per month | 0.00 | (0.08) | 2.99 | (3.64) | 14.73 | |
| GFI | Gold Fields Ltd | (0.16) | 11 per month | 0.00 | (0.03) | 4.52 | (3.77) | 14.93 | |
| SSRM | SSR Mining | (0.08) | 8 per month | 3.29 | 0.08 | 7.22 | (4.86) | 21.22 |
Newmont Goldcorp Additional Predictive Modules
Most predictive techniques to examine Newmont price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Newmont using various technical indicators. When you analyze Newmont 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 | ||
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| Volume Indicators |
About Newmont Goldcorp Predictive Indicators
The successful prediction of Newmont Goldcorp 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 Newmont Goldcorp 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 Newmont Goldcorp based on analysis of Newmont Goldcorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Newmont Goldcorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Newmont Goldcorp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0355 | 0.0466 | 0.0407 | 0.0427 | Price To Sales Ratio | 4.05 | 3.15 | 2.95 | 4.02 |
Story Coverage note for Newmont Goldcorp
The number of cover stories for Newmont Goldcorp depends on current market conditions and Newmont Goldcorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Newmont Goldcorp 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 Newmont Goldcorp'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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Latest Perspective From Macroaxis
Newmont Goldcorp Short Properties
Newmont Goldcorp's future price predictability will typically decrease when Newmont Goldcorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Newmont Goldcorp Corp often depends not only on the future outlook of the potential Newmont Goldcorp'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. Newmont Goldcorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 841 M | |
| Cash And Short Term Investments | 3 B |
Check out Newmont Goldcorp Basic Forecasting Models to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.