Asa Gold And Stock Price Prediction
| ASA Stock | USD 20.39 0.09 0.44% |
Oversold Vs Overbought
29
Oversold | Overbought |
Quarterly Earnings Growth 3.282 | Quarterly Revenue Growth (0.44) |
Using ASA Gold hype-based prediction, you can estimate the value of ASA Gold and from the perspective of ASA Gold response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ASA Gold using ASA Gold's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ASA using crowd psychology based on the activity and movement of ASA Gold's stock price.
ASA Gold Implied Volatility | 0.93 |
ASA Gold's implied volatility exposes the market's sentiment of ASA Gold and stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ASA Gold's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ASA Gold stock will not fluctuate a lot when ASA Gold's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in ASA Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying ASA 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.
ASA Gold after-hype prediction price | USD 20.38 |
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.
ASA |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASA Gold'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.
ASA Gold After-Hype Price Prediction Density Analysis
As far as predicting the price of ASA Gold 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 ASA Gold 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 ASA Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ASA Gold Estimiated After-Hype Price Volatility
In the context of predicting ASA Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ASA Gold's historical news coverage. ASA Gold's after-hype downside and upside margins for the prediction period are 18.75 and 22.01, respectively. We have considered ASA Gold'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
ASA Gold is very steady at this time. Analysis and calculation of next after-hype price of ASA Gold is based on 3 months time horizon.
ASA Gold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as ASA Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ASA Gold 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 ASA Gold, 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 |
0.14 | 1.63 | 0.01 | 0.02 | 10 Events / Month | 3 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
20.39 | 20.38 | 0.05 |
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ASA Gold Hype Timeline
On the 30th of November ASA Gold is traded for 20.39. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.02. ASA is projected to decline in value after the next headline, with the price expected to drop to 20.38. 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 -0.05%, whereas the daily expected return is presently at 0.14%. The volatility of related hype on ASA Gold is about 1164.29%, with the expected price after the next announcement by competition of 20.37. About 60.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. ASA Gold last dividend was issued on the 13th of November 2024. The entity had 3:1 split on the 4th of May 2010. Considering the 90-day investment horizon the next projected press release will be in about 10 days. Check out ASA Gold Basic Forecasting Models to cross-verify your projections.ASA Gold Related Hype Analysis
Having access to credible news sources related to ASA Gold's direct competition is more important than ever and may enhance your ability to predict ASA Gold's future price movements. Getting to know how ASA Gold'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 ASA Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AU | AngloGold Ashanti plc | (0.61) | 10 per month | 0.00 | (0.15) | 3.52 | (4.20) | 14.65 | |
| CEF | Sprott Physical Gold | 0.04 | 1 per month | 1.35 | (0.03) | 2.24 | (2.54) | 6.53 | |
| GFI | Gold Fields Ltd | (0.06) | 10 per month | 2.48 | (0.01) | 4.52 | (3.77) | 14.93 | |
| HMY | Harmony Gold Mining | (0.08) | 11 per month | 0.00 | (0.06) | 7.63 | (5.89) | 17.74 | |
| GLG | TD Holdings | 0.01 | 3 per month | 0.00 | (0.21) | 6.67 | (8.20) | 19.27 |
ASA Gold Additional Predictive Modules
Most predictive techniques to examine ASA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ASA using various technical indicators. When you analyze ASA 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 ASA Gold Predictive Indicators
The successful prediction of ASA Gold 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 ASA Gold and, 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 ASA Gold based on analysis of ASA Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ASA Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ASA Gold's related companies.
Story Coverage note for ASA Gold
The number of cover stories for ASA Gold depends on current market conditions and ASA Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ASA Gold 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 ASA Gold'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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ASA Gold Short Properties
ASA Gold's future price predictability will typically decrease when ASA Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ASA Gold and often depends not only on the future outlook of the potential ASA Gold'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. ASA Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Cash And Short Term Investments | 4.8 M | |
| Forward Annual Dividend Rate | 0.04 | |
| Shares Float | 15.7 M |
Complementary Tools for ASA Stock analysis
When running ASA Gold's price analysis, check to measure ASA Gold'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 ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
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