Orestone Mining Price Prediction

Orestone Mining Corp -- Canada Stock  

CAD 0.08  0.01  11.11%

Macroaxis is not in business of monitoring Orestone Mining headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Orestone Mining Corp brand which may create opportunities for some arbitrage if properly timed. With Orestone Mining hype-based prediction module you can estimate the value of Orestone Mining Corp from the prospective of Orestone Mining response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Orestone Mining over a specific investment horizon. Additionally take a look at Orestone Mining Basic Forecasting Models to cross-verify your projections.
 Time Horizon     30 Days    Login   to change

Orestone Mining Estimiated After-Hype Price Volatility

 Next price density 
Expected price to next headline
March 22, 2018
Current Value
Downside upside
After-hype Price
Target Price Odds
 Above  Below  
Upside upside
Orestone Mining is abnormally risky asset. Analysis and calculation of next after-hype price of Orestone Mining Corp is based on 1 month time horizon.

Orestone Mining Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.84% 4.94% 0.00%  0.03% 1 Events / Month0 Events / MonthVery soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Orestone Mining Hype Timeline

Orestone Mining Corp is now traded for 0.08on TSX Venture Exchange of Canada. This company stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Orestone Mining Corp is anticipated not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 0.0%. The immediate return on the next news is anticipated to be very small where as daily expected return is now at -0.84%. The volatility of relative hype elasticity to Orestone Mining is about 13472.85%%. The volatility of related hype on Orestone Mining is about 13472.85% with expected price after next announcement by competition of 0.05. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Orestone Mining Corp recorded loss per share of 0.02. This company had not issued any dividends in recent years. The firm had 1:4 split on 2017-08-29. Assuming 30 trading days horizon, the next anticipated press release will be very soon.
Additionally take a look at Orestone Mining Basic Forecasting Models to cross-verify your projections.

Orestone Mining Related Hype Analysis

Short fall
At Risk
Parex Resources Inc(0.15) 1 per month 0.00  0.008  0.00  3.06 (2.97)  6.20 
Boralex Inc 0.020001 1 per month 0.00 (0.15)  0.00  1.13 (1.15)  3.45 
China Gold International Resources Corp Ltd 0.00 0 per month 0.00 (0.0867)  0.00  2.15 (3.08)  7.98 
Lucara Diamond Corp 0.00 0 per month 1.90  0.14 (3.22)  4.78 (4.57)  9.35 
Continental Gold Inc(0.09) 1 per month 0.00 (0.36)  0.00  1.16 (2.78)  3.40 
North American Palladium Ltd 0.00 0 per month 2.81  0.16 (3.35)  7.90 (7.32)  15.22