Fury Gold Mines Stock Price Prediction

FURY Stock  USD 0.41  0.01  2.38%   
At this time, the relative strength momentum indicator of Fury Gold's share price is approaching 42. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Fury Gold, making its price go up or down.

Oversold Vs Overbought

42

 
Oversold
 
Overbought
Fury Gold Mines stock price prediction is an act of determining the future value of Fury Gold shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Fury Gold'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 Fury Gold and does not consider all of the tangible or intangible factors available from Fury Gold's fundamental data. We analyze noise-free headlines and recent hype associated with Fury Gold Mines, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Fury Gold's stock price prediction:
Wall Street Target Price
1.39
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 Fury Gold based on different types of headlines from major news networks to social media. The Fury stock price prediction module provides an analysis of price elasticity to changes in media outlook on Fury Gold over a specific investment horizon. Using Fury Gold hype-based prediction, you can estimate the value of Fury Gold Mines from the perspective of Fury Gold 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 Fury Gold. 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 Fury Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying Fury 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.

Fury Gold after-hype prediction price

    
  USD 0.41  
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.
  
Check out Fury Gold 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 Fury Gold'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
0.030.645.38
Details
Naive
Forecast
LowNextHigh
0.010.365.10
Details
1 Analysts
Consensus
LowTargetHigh
1.271.401.55
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fury Gold. Your research has to be compared to or analyzed against Fury Gold's peers to derive any actionable benefits. When done correctly, Fury Gold'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 Fury Gold Mines.

Fury Gold After-Hype Price Prediction Density Analysis

As far as predicting the price of Fury Gold 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 Fury Gold 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 Fury Gold, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Fury Gold Estimiated After-Hype Price Volatility

In the context of predicting Fury Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fury Gold's historical news coverage. Fury Gold's after-hype downside and upside margins for the prediction period are 0.02 and 5.15, respectively. We have considered Fury Gold'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
0.41
0.41
After-hype Price
5.15
Upside
Fury Gold is abnormally volatile at this time. Analysis and calculation of next after-hype price of Fury Gold Mines is based on 24 months time horizon.

Fury Gold Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Fury Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fury Gold 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 Fury Gold, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
4.02
 0.00  
 0.00  
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.41
0.41
0.00 
40,200  
Notes

Fury Gold Hype Timeline

Fury Gold Mines is currently traded for 0.41. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fury is projected 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 projected to be very small, whereas the daily expected return is currently at -0.01%. %. The volatility of related hype on Fury Gold is about 3122.33%, with the expected price after the next announcement by competition of 0.41. About 13.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fury Gold Mines recorded a loss per share of 0.09. The entity last dividend was issued on the 12th of October 2020. The firm had 675:1000 split on the 12th of October 2020. Given the investment horizon of 90 days the next projected press release will be in about 9 days.
Check out Fury Gold Basic Forecasting Models to cross-verify your projections.

Fury Gold Related Hype Analysis

Having access to credible news sources related to Fury Gold's direct competition is more important than ever and may enhance your ability to predict Fury Gold's future price movements. Getting to know how Fury Gold rivals 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 Fury Gold may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ARKRArk Restaurants Corp 0.55 6 per month 0.00 (0.02) 3.29 (3.46) 18.46 
CCUCompania Cervecerias Unidas(0.12)8 per month 1.70 (0.02) 2.85 (3.01) 17.32 
FIZZNational Beverage Corp(0.31)12 per month 1.94  0.01  3.13 (2.90) 13.99 
SHAKShake Shack 0.71 11 per month 2.72  0.04  5.32 (4.44) 31.94 
OTLYOatly Group AB 0.03 8 per month 0.00 (0.03) 8.94 (7.59) 54.35 
PLYAPlaya Hotels Resorts 0.11 10 per month 2.20  0.01  3.64 (3.51) 20.03 
LOCOEl Pollo Loco 0.06 6 per month 2.09 (0) 3.20 (3.28) 23.66 
OHTROasis Hotel Resort 0.00 0 per month 0.00 (0.05) 0.00  0.00  80.00 

Fury Gold Additional Predictive Modules

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

The successful prediction of Fury Gold 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 Fury Gold Mines, 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 Fury Gold based on analysis of Fury Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fury Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fury Gold's related companies.
 2021 2022 2023 2024 (projected)
Current Ratio0.929.0710.4312.3
Price To Book Ratio0.620.410.480.45

Story Coverage note for Fury Gold

The number of cover stories for Fury Gold depends on current market conditions and Fury Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fury Gold 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 Fury Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Fury Gold Short Properties

Fury Gold's future price predictability will typically decrease when Fury Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fury Gold Mines often depends not only on the future outlook of the potential Fury Gold'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. Fury Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding139.5 M
Cash And Short Term Investments10.9 M
When determining whether Fury Gold Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fury Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fury Gold Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fury Gold Mines Stock:
Check out Fury Gold Basic Forecasting Models to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Fury Stock analysis

When running Fury Gold's price analysis, check to measure Fury Gold'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 Fury Gold is operating at the current time. Most of Fury Gold's value examination focuses on studying past and present price action to predict the probability of Fury Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fury Gold's price. Additionally, you may evaluate how the addition of Fury Gold to your portfolios can decrease your overall portfolio volatility.
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Is Fury Gold'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 Fury Gold. If investors know Fury 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 Fury Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Return On Assets
(0.04)
Return On Equity
(0.08)
The market value of Fury Gold Mines is measured differently than its book value, which is the value of Fury that is recorded on the company's balance sheet. Investors also form their own opinion of Fury Gold's value that differs from its market value or its book value, called intrinsic value, which is Fury Gold'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 Fury Gold's market value can be influenced by many factors that don't directly affect Fury Gold'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 Fury Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fury Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fury Gold'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.