Numinus Wellness Stock Price Prediction
| NUMI Stock | 0.04 0.01 10.00% |
Oversold Vs Overbought
53
Oversold | Overbought |
Wall Street Target Price 1.1 | Quarterly Revenue Growth (0.16) |
Using Numinus Wellness hype-based prediction, you can estimate the value of Numinus Wellness from the perspective of Numinus Wellness 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 Numinus Wellness to buy its stock at a price that has no basis in reality. In that case, they are not buying Numinus 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.
Numinus Wellness after-hype prediction price | CAD 0.06 |
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.
Numinus |
Numinus Wellness After-Hype Price Prediction Density Analysis
As far as predicting the price of Numinus Wellness 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 Numinus Wellness 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 Numinus Wellness, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Numinus Wellness Estimiated After-Hype Price Volatility
In the context of predicting Numinus Wellness' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Numinus Wellness' historical news coverage. Numinus Wellness' after-hype downside and upside margins for the prediction period are 0.00 and 15.73, respectively. We have considered Numinus Wellness' 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
Numinus Wellness is out of control at this time. Analysis and calculation of next after-hype price of Numinus Wellness is based on 3 months time horizon.
Numinus Wellness Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Numinus Wellness is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Numinus Wellness 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 Numinus Wellness, 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 |
1.81 | 15.67 | 0.01 | 0.00 | 1 Events / Month | 0 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.04 | 0.06 | 33.33 |
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Numinus Wellness Hype Timeline
Numinus Wellness is now traded for 0.04on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Numinus is estimated to increase in value after the next headline, with the price projected to jump to 0.06 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 33.33%, whereas the daily expected return is now at 1.81%. The volatility of related hype on Numinus Wellness is about 0.0%, with the expected price after the next announcement by competition of 0.05. Numinus Wellness has accumulated 7.2 M in total debt. Debt can assist Numinus Wellness until it has trouble settling it off, either with new capital or with free cash flow. So, Numinus Wellness' 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 Numinus Wellness sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Numinus to invest in growth at high rates of return. When we think about Numinus Wellness' 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 very soon. Check out Numinus Wellness Basic Forecasting Models to cross-verify your projections.Numinus Wellness Additional Predictive Modules
Most predictive techniques to examine Numinus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Numinus using various technical indicators. When you analyze Numinus 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 Numinus Wellness Predictive Indicators
The successful prediction of Numinus Wellness 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 Numinus Wellness, 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 Numinus Wellness based on analysis of Numinus Wellness hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Numinus Wellness's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Numinus Wellness's related companies. | 2021 | 2023 | 2024 (projected) | Payables Turnover | 1.74 | 4.62 | 4.85 | Days Of Inventory On Hand | 7.7E-5 | 8.9E-5 | 8.5E-5 |
Story Coverage note for Numinus Wellness
The number of cover stories for Numinus Wellness depends on current market conditions and Numinus Wellness' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Numinus Wellness 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 Numinus Wellness' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Numinus Wellness Short Properties
Numinus Wellness' future price predictability will typically decrease when Numinus Wellness' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Numinus Wellness often depends not only on the future outlook of the potential Numinus Wellness' 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. Numinus Wellness' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 263.6 M | |
| Cash And Short Term Investments | 8.6 M |
Other Information on Investing in Numinus Stock
Numinus Wellness financial ratios help investors to determine whether Numinus 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 Numinus with respect to the benefits of owning Numinus Wellness security.