Chesapeake Gold Corp Stock Price Prediction
| CKG Stock | CAD 0.97 0.01 1.02% |
Oversold Vs Overbought
21
Oversold | Overbought |
Wall Street Target Price 7.72 |
Using Chesapeake Gold hype-based prediction, you can estimate the value of Chesapeake Gold Corp from the perspective of Chesapeake Gold 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 Chesapeake Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying Chesapeake 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.
Chesapeake Gold after-hype prediction price | CAD 0.9 |
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.
Chesapeake |
Chesapeake Gold After-Hype Price Prediction Density Analysis
As far as predicting the price of Chesapeake 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 Chesapeake 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 Chesapeake Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Chesapeake Gold Estimiated After-Hype Price Volatility
In the context of predicting Chesapeake Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Chesapeake Gold's historical news coverage. Chesapeake Gold's after-hype downside and upside margins for the prediction period are 0.05 and 5.93, respectively. We have considered Chesapeake 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
Chesapeake Gold is extremely dangerous at this time. Analysis and calculation of next after-hype price of Chesapeake Gold Corp is based on 3 months time horizon.
Chesapeake Gold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Chesapeake Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chesapeake 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 Chesapeake 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 |
0.86 | 5.03 | 0.07 | 0.01 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.97 | 0.90 | 7.22 |
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Chesapeake Gold Hype Timeline
Chesapeake Gold Corp is currently traded for 0.97on TSX Venture Exchange of Canada. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of -0.01. Chesapeake is estimated to decline in value after the next headline, with the price expected to drop to 0.9. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -7.22%, whereas the daily expected return is currently at -0.86%. The volatility of related hype on Chesapeake Gold is about 31437.5%, with the expected price after the next announcement by competition of 0.96. About 33.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chesapeake Gold Corp recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Chesapeake Gold Basic Forecasting Models to cross-verify your projections.Chesapeake Gold Related Hype Analysis
Having access to credible news sources related to Chesapeake Gold's direct competition is more important than ever and may enhance your ability to predict Chesapeake Gold's future price movements. Getting to know how Chesapeake 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 Chesapeake Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BCM | Bear Creek Mining | (0.04) | 2 per month | 6.15 | 0.09 | 11.76 | (11.54) | 37.08 | |
| SPA | Spanish Mountain Gold | (0.01) | 3 per month | 0.00 | (0.15) | 8.33 | (7.69) | 24.48 | |
| KORE | Kore Mining | (0.01) | 1 per month | 0.00 | 0.04 | 33.33 | (25.00) | 58.33 | |
| KTN | Kootenay Silver | (0.04) | 2 per month | 3.38 | 0.03 | 8.55 | (5.79) | 23.87 | |
| CCM | Canagold Resources | 0.02 | 1 per month | 2.44 | (0.04) | 6.45 | (6.25) | 17.78 |
Chesapeake Gold Additional Predictive Modules
Most predictive techniques to examine Chesapeake price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Chesapeake using various technical indicators. When you analyze Chesapeake 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 Chesapeake Gold Predictive Indicators
The successful prediction of Chesapeake 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 Chesapeake Gold 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 Chesapeake Gold based on analysis of Chesapeake Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Chesapeake Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Chesapeake Gold's related companies. | 2023 | 2024 (projected) | Days Sales Outstanding | 20.35 | 22.42 | PTB Ratio | 0.8 | 0.76 |
Story Coverage note for Chesapeake Gold
The number of cover stories for Chesapeake Gold depends on current market conditions and Chesapeake 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 Chesapeake 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 Chesapeake 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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Chesapeake Gold Short Properties
Chesapeake Gold's future price predictability will typically decrease when Chesapeake Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Chesapeake Gold Corp often depends not only on the future outlook of the potential Chesapeake 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. Chesapeake Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.4 M | |
| Cash And Short Term Investments | 19.8 M |
Additional Tools for Chesapeake Stock Analysis
When running Chesapeake Gold's price analysis, check to measure Chesapeake 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 Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake 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 Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.