Hecla Mining Stock Price Prediction
| HL Stock | USD 5.24 0.18 3.56% |
Oversold Vs Overbought
70
Oversold | Overbought |
Hecla Mining stock price prediction is an act of determining the future value of Hecla Mining shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Hecla Mining'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 Hecla Mining and does not consider all of the tangible or intangible factors available from Hecla Mining's fundamental data. We analyze noise-free headlines and recent hype associated with Hecla Mining, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Hecla Mining's stock price prediction:Quarterly Earnings Growth (0.81) | EPS Estimate Next Quarter 0.03 | EPS Estimate Current Year 0.01 | EPS Estimate Next Year 0.14 | Wall Street Target Price 6.5 |
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 Hecla Mining based on different types of headlines from major news networks to social media. The Hecla stock price prediction module provides an analysis of price elasticity to changes in media outlook on Hecla Mining over a specific investment horizon. Using Hecla Mining hype-based prediction, you can estimate the value of Hecla Mining from the perspective of Hecla Mining response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Hecla Mining using Hecla Mining's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Hecla using crowd psychology based on the activity and movement of Hecla Mining's stock price.
Hecla Mining Short Interest
A significant increase or decrease in Hecla Mining's short interest from the previous month could be a good indicator of investor sentiment towards Hecla. Short interest can provide insight into the potential direction of Hecla Mining stock and how bullish or bearish investors feel about the market overall. An investor who is long Hecla Mining may also wish to track short interest. As short interest increases, investors should be becoming more worried about Hecla Mining and may potentially protect profits, hedge Hecla Mining with its derivative instruments, or be ready for some potential downside.
200 Day MA 4.4666 | Short Percent 0.0301 | Short Ratio 2.43 | Shares Short Prior Month 16.7 M | 50 Day MA 4.418 |
Hecla Mining Hype to Price Pattern
Investor biases related to Hecla Mining's public news can be used to forecast risks associated with an investment in Hecla. The trend in average sentiment can be used to explain how an investor holding Hecla can time the market purely based on public headlines and social activities around Hecla Mining. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Hecla Mining's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Hecla Mining.
Hecla Mining Implied Volatility | 170.67 |
Hecla Mining's implied volatility exposes the market's sentiment of Hecla Mining stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hecla Mining'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 Hecla Mining stock will not fluctuate a lot when Hecla Mining's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Hecla Mining. 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 Hecla Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying Hecla 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.
Hecla Mining after-hype prediction price | USD 5.32 |
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.
Prediction based on Rule 16 of the current Hecla contract
Based on the Rule 16, the options market is currently suggesting that Hecla Mining will have an average daily up or down price movement of about 10.67% per day over the life of the 2024-04-26 option contract. With Hecla Mining trading at USD 5.24, that is roughly USD 0.56 . If you think that the market is fully incorporating Hecla Mining's daily price movement you should consider acquiring Hecla Mining options at the current volatility level of 170.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Hecla |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hecla Mining'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.
Hecla Mining After-Hype Price Prediction Density Analysis
As far as predicting the price of Hecla Mining 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 Hecla Mining 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 Hecla Mining, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hecla Mining Estimiated After-Hype Price Volatility
In the context of predicting Hecla Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hecla Mining's historical news coverage. Hecla Mining's after-hype downside and upside margins for the prediction period are 1.86 and 8.78, respectively. We have considered Hecla Mining'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
Hecla Mining is slightly risky at this time. Analysis and calculation of next after-hype price of Hecla Mining is based on 3 months time horizon.
Hecla Mining Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Hecla Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hecla Mining 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 Hecla Mining, 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 |
0.50 | 3.49 | 0.08 | 0.05 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.24 | 5.32 | 1.53 |
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Hecla Mining Hype Timeline
As of April 25, 2024 Hecla Mining is listed for 5.24. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of 0.05. Hecla is expected to increase in value after the next headline, with the price projected to jump to 5.32 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 1.53%, whereas the daily expected return is currently at 0.5%. The volatility of related hype on Hecla Mining is about 3323.81%, with the expected price after the next announcement by competition of 5.29. The company generated the yearly revenue of 720.23 M. Annual Net Loss to common stockholders was (84.22 M) with gross profit of 260.09 M. Allowing for the 90-day total investment horizon the next expected press release will be in about 9 days. Check out Hecla Mining Basic Forecasting Models to cross-verify your projections.Hecla Mining Related Hype Analysis
Having access to credible news sources related to Hecla Mining's direct competition is more important than ever and may enhance your ability to predict Hecla Mining's future price movements. Getting to know how Hecla Mining'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 Hecla Mining may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SILV | SilverCrest Metals | (0.12) | 9 per month | 2.66 | 0.11 | 6.02 | (4.10) | 14.71 | |
| MUX | McEwen Mining | 0.49 | 9 per month | 2.07 | 0.21 | 7.51 | (3.90) | 18.33 | |
| MTA | Metalla Royalty Streaming | 0.03 | 9 per month | 2.83 | (0.01) | 6.44 | (4.76) | 13.24 | |
| EXK | Endeavour Silver Corp | 0.22 | 10 per month | 2.55 | 0.16 | 8.72 | (4.49) | 20.20 | |
| NEWP | New Pacific Metals | 0.07 | 8 per month | 4.38 | 0.08 | 10.56 | (7.63) | 24.92 | |
| GATO | Gatos Silver | 0.15 | 6 per month | 2.88 | 0.19 | 8.67 | (5.08) | 18.74 | |
| PLG | Platinum Group Metals | (0.05) | 7 per month | 3.49 | 0.08 | 9.09 | (6.04) | 23.53 | |
| TFPM | Triple Flag Precious | 0.05 | 9 per month | 1.32 | 0.16 | 3.46 | (2.52) | 7.88 |
Hecla Mining Additional Predictive Modules
Most predictive techniques to examine Hecla price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hecla using various technical indicators. When you analyze Hecla 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 Hecla Mining Predictive Indicators
The successful prediction of Hecla Mining 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 Hecla Mining, 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 Hecla Mining based on analysis of Hecla Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Hecla Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Hecla Mining's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007386 | 0.004173 | 0.005394 | 0.005124 | Price To Sales Ratio | 3.47 | 4.31 | 4.04 | 2.64 |
Story Coverage note for Hecla Mining
The number of cover stories for Hecla Mining depends on current market conditions and Hecla Mining's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hecla Mining 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 Hecla Mining'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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Hecla Mining Short Properties
Hecla Mining's future price predictability will typically decrease when Hecla Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hecla Mining often depends not only on the future outlook of the potential Hecla Mining'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. Hecla Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 605.7 M | |
| Cash And Short Term Investments | 106.4 M |
Check out Hecla Mining Basic Forecasting Models to cross-verify your projections. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Hecla Stock analysis
When running Hecla Mining's price analysis, check to measure Hecla Mining'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 Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
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Is Hecla Mining'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 Hecla Mining. If investors know Hecla 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 Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.025 | Earnings Share (0.14) | Revenue Per Share 1.189 | Quarterly Revenue Growth (0.17) |
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining'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 Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining'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 Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining'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.