Altaba Price Prediction

Altaba Inc -- USA Stock  

USD 71.95  0.65  0.9%

Macroaxis is not in business of monitoring Altaba 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 Altaba Inc brand which may create opportunities for some arbitrage if properly timed. With Altaba hype-based prediction module you can estimate the value of Altaba Inc from the prospective of Altaba 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 Altaba over a specific investment horizon. Check also Altaba Basic Forecasting Models to cross-verify your projections.
Investment Horizon     30 Days    Login   to change

Altaba Estimiated After-Hype Price Volatility

 Next price density 
 
Expected price to next headline
November 23, 2017
71.95
Current Value
Downside upside
72.0
After-hype Price
Target Price Odds
 Above  Below  
75.75
Upside
Upside upside
Altaba is not too risky asset. Analysis and calculation of next after-hype price of Altaba Inc is based on 1 month time horizon.

Altaba Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.4% 1.28% 0.62%  0.04% 2 Events / Month1 Events / MonthIn a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
71.95720.83%
82.58% 

Altaba Hype Timeline

Altaba Inc is presently traded for 71.95 . This company has historical hype elasticity of -0.62 and average elasticity to hype of competition of -0.04. Altaba Inc is projected to decline in value after the next headline with price expected to drop to 72.0. The average volatility of media hype impact on the company stock price is about 82.58%. The price decrease on the next news is expected to be -0.83% where as daily expected return is presently at 0.4%. The volatility of related hype on Altaba is about 1324.14% with expected price after next announcement by competition of 71.91. About 82.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altaba Inc had not issued any dividends in recent years. This company had a split on 2004-05-12. Given the investment horizon of 30 days, the next projected press release will be in a few days.
Check also Altaba Basic Forecasting Models to cross-verify your projections.

Altaba Related Hype Analysis