Contango Ore Stock Price Prediction
| CTGO Stock | USD 20.06 0.03 0.15% |
Oversold Vs Overbought
49
Oversold | Overbought |
Contango ORE stock price prediction is an act of determining the future value of Contango ORE shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Contango ORE'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 Contango ORE and does not consider all of the tangible or intangible factors available from Contango ORE's fundamental data. We analyze noise-free headlines and recent hype associated with Contango ORE, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Contango ORE's stock price prediction:EPS Estimate Next Quarter (0.99) | EPS Estimate Current Year (4.69) | EPS Estimate Next Year 1.68 | Wall Street Target Price 30.94 | EPS Estimate Current Quarter (0.79) |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Contango ORE based on different types of headlines from major news networks to social media. The Contango stock price prediction module provides an analysis of price elasticity to changes in media outlook on Contango ORE over a specific investment horizon. Using Contango ORE hype-based prediction, you can estimate the value of Contango ORE from the perspective of Contango ORE response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Contango ORE. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Contango ORE to buy its stock at a price that has no basis in reality. In that case, they are not buying Contango 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.
Contango ORE after-hype prediction price | USD 20.06 |
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.
Contango |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Contango ORE'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.
Contango ORE After-Hype Price Prediction Density Analysis
As far as predicting the price of Contango ORE 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 Contango ORE 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 Contango ORE, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Contango ORE Estimiated After-Hype Price Volatility
In the context of predicting Contango ORE's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Contango ORE's historical news coverage. Contango ORE's after-hype downside and upside margins for the prediction period are 15.71 and 24.41, respectively. We have considered Contango ORE'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
Contango ORE is not too volatile at this time. Analysis and calculation of next after-hype price of Contango ORE is based on 3 months time horizon.
Contango ORE Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Contango ORE is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Contango ORE 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 Contango ORE, 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 |
0.49 | 4.35 | 0.22 | 0.25 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
20.06 | 20.06 | 0.00 |
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Contango ORE Hype Timeline
Contango ORE is currently traded for 20.06. The entity has historical hype elasticity of -0.22, and average elasticity to hype of competition of 0.25. Contango is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.49%. %. The volatility of related hype on Contango ORE is about 846.72%, with the expected price after the next announcement by competition of 20.31. About 43.0% of the company shares are held by company insiders. The book value of Contango ORE was currently reported as 1.18. The company recorded a loss per share of 7.04. Contango ORE had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Contango ORE Basic Forecasting Models to cross-verify your projections.Contango ORE Related Hype Analysis
Having access to credible news sources related to Contango ORE's direct competition is more important than ever and may enhance your ability to predict Contango ORE's future price movements. Getting to know how Contango ORE'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 Contango ORE may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| X | United States Steel | (0.29) | 10 per month | 0.00 | (0.22) | 1.62 | (2.90) | 14.36 | |
| AA | Alcoa Corp | 0.94 | 8 per month | 2.65 | 0.12 | 5.35 | (4.43) | 15.82 | |
| AG | First Majestic Silver | 0.99 | 10 per month | 2.86 | 0.14 | 6.08 | (5.56) | 25.29 | |
| AU | AngloGold Ashanti plc | 0.08 | 9 per month | 2.22 | 0.15 | 5.30 | (3.87) | 15.81 | |
| CE | Celanese | 1.72 | 10 per month | 1.59 | 0.02 | 2.04 | (2.73) | 8.06 | |
| MT | ArcelorMittal SA ADR | 0.05 | 13 per month | 0.00 | (0.1) | 2.52 | (2.40) | 11.09 | |
| NG | NovaGold Resources | 0.01 | 9 per month | 0.00 | (0.07) | 6.18 | (6.42) | 18.05 | |
| OR | Osisko Gold Ro | 0.61 | 7 per month | 1.46 | 0.03 | 3.28 | (2.15) | 10.21 |
Contango ORE Additional Predictive Modules
Most predictive techniques to examine Contango price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Contango using various technical indicators. When you analyze Contango 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 Contango ORE Predictive Indicators
The successful prediction of Contango ORE 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 Contango ORE, 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 Contango ORE based on analysis of Contango ORE hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Contango ORE's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Contango ORE's related companies. Story Coverage note for Contango ORE
The number of cover stories for Contango ORE depends on current market conditions and Contango ORE's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Contango ORE 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 Contango ORE'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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Contango ORE Short Properties
Contango ORE's future price predictability will typically decrease when Contango ORE's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Contango ORE often depends not only on the future outlook of the potential Contango ORE'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. Contango ORE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.1 M | |
| Cash And Short Term Investments | 11.6 M |
Check out Contango ORE Basic Forecasting Models to cross-verify your projections. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.Note that the Contango ORE information on this page should be used as a complementary analysis to other Contango ORE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Contango Stock analysis
When running Contango ORE's price analysis, check to measure Contango ORE'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 Contango ORE is operating at the current time. Most of Contango ORE's value examination focuses on studying past and present price action to predict the probability of Contango ORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contango ORE's price. Additionally, you may evaluate how the addition of Contango ORE to your portfolios can decrease your overall portfolio volatility.
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Is Contango ORE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.