Zijin Mining Group Stock Price Prediction

ZIJMF Stock  USD 2.22  0.05  2.20%   
The relative strength index (RSI) of Zijin Mining's share price is above 70 as of 17th of April 2024. This usually means that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Zijin, making its price go up or down.

Oversold Vs Overbought

70

 
Oversold
 
Overbought
Zijin Mining Group stock price prediction is an act of determining the future value of Zijin Mining shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Zijin 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 Zijin Mining and does not consider all of the tangible or intangible factors available from Zijin Mining's fundamental data. We analyze noise-free headlines and recent hype associated with Zijin Mining Group, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether pink sheet 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 Zijin Mining based on different types of headlines from major news networks to social media. The Zijin stock price prediction module provides an analysis of price elasticity to changes in media outlook on Zijin Mining over a specific investment horizon. Using Zijin Mining hype-based prediction, you can estimate the value of Zijin Mining Group from the perspective of Zijin Mining 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 Zijin 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 Zijin Mining to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Zijin 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Zijin Mining after-hype prediction price

    
  USD 2.27  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Zijin Mining Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zijin 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.
Intrinsic
Valuation
LowRealHigh
0.091.734.84
Details
Naive
Forecast
LowNextHigh
0.052.445.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.932.162.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zijin Mining. Your research has to be compared to or analyzed against Zijin Mining's peers to derive any actionable benefits. When done correctly, Zijin Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zijin Mining Group.

Zijin Mining After-Hype Price Prediction Density Analysis

As far as predicting the price of Zijin 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 Zijin 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 Pink Sheet prices, such as prices of Zijin Mining, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Zijin Mining Estimiated After-Hype Price Volatility

In the context of predicting Zijin Mining's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zijin Mining's historical news coverage. Zijin Mining's after-hype downside and upside margins for the prediction period are 0.11 and 5.38, respectively. We have considered Zijin 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
2.22
2.27
After-hype Price
5.38
Upside
Zijin Mining is very risky at this time. Analysis and calculation of next after-hype price of Zijin Mining Group is based on 3 months time horizon.

Zijin Mining Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Zijin Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zijin 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 Pink Sheet 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 Zijin Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.81 
3.11
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.22
2.27
0.00 
0.00  
Notes

Zijin Mining Hype Timeline

Zijin Mining Group is at this time traded for 2.22. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Zijin is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.81%. %. The volatility of related hype on Zijin Mining is about 0.0%, with the expected price after the next announcement by competition of 2.22. About 50.0% of the company outstanding shares are owned by institutional investors. The book value of Zijin Mining was at this time reported as 3.23. The company last dividend was issued on the 19th of May 2022. Zijin Mining Group had 15:10 split on the 13th of June 2011. Assuming the 90 days horizon the next expected press release will be any time.
Check out Zijin Mining Basic Forecasting Models to cross-verify your projections.

Zijin Mining Related Hype Analysis

Having access to credible news sources related to Zijin Mining's direct competition is more important than ever and may enhance your ability to predict Zijin Mining's future price movements. Getting to know how Zijin 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 Zijin Mining may potentially react to the hype associated with one of its peers.

Zijin Mining Additional Predictive Modules

Most predictive techniques to examine Zijin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zijin using various technical indicators. When you analyze Zijin 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.

About Zijin Mining Predictive Indicators

The successful prediction of Zijin 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 Zijin Mining Group, 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 Zijin Mining based on analysis of Zijin Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Zijin Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Zijin Mining's related companies.

Story Coverage note for Zijin Mining

The number of cover stories for Zijin Mining depends on current market conditions and Zijin 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 Zijin 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 Zijin 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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Zijin Mining Short Properties

Zijin Mining's future price predictability will typically decrease when Zijin Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zijin Mining Group often depends not only on the future outlook of the potential Zijin 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. Zijin Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding26.3 B
Check out Zijin Mining Basic Forecasting Models to cross-verify your projections.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Zijin Pink Sheet analysis

When running Zijin Mining's price analysis, check to measure Zijin 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 Zijin Mining is operating at the current time. Most of Zijin Mining's value examination focuses on studying past and present price action to predict the probability of Zijin 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 Zijin Mining's price. Additionally, you may evaluate how the addition of Zijin Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Zijin Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zijin Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zijin 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.