West African Resources Stock Price Prediction

WFRSF Stock  USD 0.99  0.05  5.32%   
As of 28th of November 2024, the relative strength index (RSI) of West African's share price is approaching 40. This entails that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling West African, making its price go up or down.

Oversold Vs Overbought

40

 
Oversold
 
Overbought
The successful prediction of West African'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 West African and does not consider all of the tangible or intangible factors available from West African's fundamental data. We analyze noise-free headlines and recent hype associated with West African Resources, which may create opportunities for some arbitrage if properly timed.
Using West African hype-based prediction, you can estimate the value of West African Resources from the perspective of West African 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 West African to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying West 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

West African after-hype prediction price

    
  USD 0.99  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out West African Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of West African'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.
Intrinsic
Valuation
LowRealHigh
0.040.896.15
Details
Naive
Forecast
LowNextHigh
0.020.916.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.920.991.07
Details

West African After-Hype Price Prediction Density Analysis

As far as predicting the price of West African 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 West African 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 Pink Sheet prices, such as prices of West African, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

West African Estimiated After-Hype Price Volatility

In the context of predicting West African's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on West African's historical news coverage. West African's after-hype downside and upside margins for the prediction period are 0.05 and 6.25, respectively. We have considered West African'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
0.99
0.99
After-hype Price
6.25
Upside
West African is abnormally volatile at this time. Analysis and calculation of next after-hype price of West African Resources is based on 3 months time horizon.

West African Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as West African is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading West African 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 Pink Sheet 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 West African, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
5.26
 0.00  
 0.00  
0 Events / Month
3 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.99
0.99
0.00 
0.00  
Notes

West African Hype Timeline

West African Resources is at this time traded for 0.99. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. West is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.07%. %. The volatility of related hype on West African is about 13574.19%, with the expected price after the next announcement by competition of 0.99. About 56.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.91. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. West African Resources had not issued any dividends in recent years. Assuming the 90 days horizon the next projected press release will be any time.
Check out West African Basic Forecasting Models to cross-verify your projections.

West African Related Hype Analysis

Having access to credible news sources related to West African's direct competition is more important than ever and may enhance your ability to predict West African's future price movements. Getting to know how West African'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 West African may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
HMYHarmony Gold Mining(0.1)9 per month 0.00 (0.07) 7.63 (5.89) 17.74 
AUAngloGold Ashanti plc(0.61)8 per month 0.00 (0.16) 3.52 (4.20) 14.65 
GFIGold Fields Ltd(0.06)12 per month 2.50 (0.02) 4.52 (3.77) 14.93 
KGCKinross Gold 0.15 8 per month 2.74  0.02  5.41 (4.01) 18.27 
NESRFNorthern Star Resources 0.00 0 per month 2.09  0.05  6.73 (3.94) 16.65 
RGRNFRegis Resources 0.00 0 per month 2.66  0.11  11.11 (8.13) 29.11 
DPMLFDundee Precious Metals 0.00 0 per month 0.00 (0.09) 2.45 (3.68) 7.70 
MGMLFMaple Gold Mines 0.00 0 per month 0.00 (0.08) 7.41 (9.09) 30.00 
OGNRFOrogen Royalties 0.00 0 per month 2.61 (0.03) 5.56 (4.55) 14.95 
SROYFSailfish Royalty Corp 0.00 0 per month 2.53  0.03  5.10 (3.33) 19.92 
PREIFPrecipitate Gold Corp 0.00 0 per month 6.62 (0) 12.38 (11.67) 31.86 
CGOLFContact Gold Corp 0.00 0 per month 6.72 (0.01) 11.54 (15.03) 65.19 
HUMRFHummingbird Resources PLC 0.00 0 per month 0.00 (0.07) 20.00 (27.06) 112.66 
CAHPFEvolution Mining 0.00 0 per month 2.75  0.05  5.39 (5.43) 21.17 
AUXXFAllegiant Gold 0.00 0 per month 0.00 (0.09) 8.33 (8.33) 32.05 
MMRGFMinaurum Gold 0.00 0 per month 0.00 (0.02) 7.14 (6.67) 26.90 

West African Additional Predictive Modules

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

The successful prediction of West African 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 West African Resources, 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 West African based on analysis of West African hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to West African's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to West African's related companies.

Story Coverage note for West African

The number of cover stories for West African depends on current market conditions and West African's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that West African 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 West African'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

West African Short Properties

West African's future price predictability will typically decrease when West African's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of West African Resources often depends not only on the future outlook of the potential West African'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. West African's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingB

Complementary Tools for West Pink Sheet analysis

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