Golden Ocean (Norway) Price Prediction
| GOGL Stock | NOK 144.40 0.55 0.38% |
Oversold Vs Overbought
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Oversold | Overbought |
Using Golden Ocean hype-based prediction, you can estimate the value of Golden Ocean Group from the perspective of Golden Ocean response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Golden Ocean to buy its stock at a price that has no basis in reality. In that case, they are not buying Golden 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.
Golden Ocean after-hype prediction price | NOK 144.4 |
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.
Golden |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Ocean'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.
Golden Ocean After-Hype Price Prediction Density Analysis
As far as predicting the price of Golden Ocean 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 Golden Ocean 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 Golden Ocean, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Golden Ocean Estimiated After-Hype Price Volatility
In the context of predicting Golden Ocean's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Golden Ocean's historical news coverage. Golden Ocean's after-hype downside and upside margins for the prediction period are 142.17 and 146.63, respectively. We have considered Golden Ocean'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
Golden Ocean is very steady at this time. Analysis and calculation of next after-hype price of Golden Ocean Group is based on 3 months time horizon.
Golden Ocean Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Golden Ocean is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Ocean 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 Golden Ocean, 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 |
0.19 | 2.23 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
144.40 | 144.40 | 0.00 |
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Golden Ocean Hype Timeline
Golden Ocean Group is currently traded for 144.40on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Golden is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.19%. %. The volatility of related hype on Golden Ocean is about 0.0%, with the expected price after the next announcement by competition of 144.40. About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Ocean Group has Price/Earnings (P/E) ratio of 134.86. The entity recorded earning per share (EPS) of 30.83. The firm last dividend was issued on the 25th of November 2022. Golden Ocean had 1:5 split on the 1st of August 2016. Assuming the 90 days trading horizon the next estimated press release will be in a few days. Check out Golden Ocean Basic Forecasting Models to cross-verify your projections.Golden Ocean Related Hype Analysis
Having access to credible news sources related to Golden Ocean's direct competition is more important than ever and may enhance your ability to predict Golden Ocean's future price movements. Getting to know how Golden Ocean'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 Golden Ocean may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FRO | Frontline | 0.00 | 0 per month | 1.68 | 0.13 | 3.66 | (3.09) | 9.69 | |
| BWLPG | BW LPG | 0.00 | 0 per month | 2.01 | 0.30 | 4.79 | (3.32) | 15.12 | |
| JIN | Jinhui Shipping and | 0.00 | 0 per month | 1.59 | 0.12 | 6.91 | (3.53) | 15.65 | |
| FLNG | FLEX LNG | 0.00 | 0 per month | 1.14 | 0.12 | 2.31 | (1.88) | 8.39 | |
| DNORD | Dampskibsselskabet Norden AS | 0.00 | 0 per month | 1.54 | 0.11 | 3.64 | (3.18) | 16.49 |
Golden Ocean Additional Predictive Modules
Most predictive techniques to examine Golden price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Golden using various technical indicators. When you analyze Golden 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 Golden Ocean Predictive Indicators
The successful prediction of Golden Ocean 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 Golden Ocean 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 Golden Ocean based on analysis of Golden Ocean hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Golden Ocean's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Golden Ocean's related companies.
Story Coverage note for Golden Ocean
The number of cover stories for Golden Ocean depends on current market conditions and Golden Ocean's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Golden Ocean 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 Golden Ocean's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Golden Ocean Short Properties
Golden Ocean's future price predictability will typically decrease when Golden Ocean's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Golden Ocean Group often depends not only on the future outlook of the potential Golden Ocean'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. Golden Ocean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 193.1 M | |
| Cash And Short Term Investments | 197 M |
Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out Golden Ocean Basic Forecasting Models to cross-verify your projections. You can also try the Stocks Directory module to find actively traded stocks across global markets.