Mcewen Stock Future Price Prediction

MUX -  USA Stock  

USD 0.95  0.03  3.06%

Mcewen Mining stock price prediction is an act of determining the future value of Mcewen Mining shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Mcewen 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 Mcewen Mining and does not consider all of the tangible or intangible factors available from Mcewen Mining's fundamental data. We analyze noise-free headlines and recent hype associated with Mcewen Mining, which may create opportunities for some arbitrage if properly timed.
Additionally, see Mcewen Mining Basic Forecasting Models to cross-verify your projections.

Mcewen Price Prediction 

 
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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 Mcewen Mining based on different types of headlines from major news networks to social media. The Mcewen stock price prediction module provides an analysis of price elasticity to changes in media outlook on Mcewen Mining over a specific investment horizon. Using Mcewen Mining hype-based prediction, you can estimate the value of Mcewen Mining from the perspective of Mcewen Mining response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Mcewen Mining using Mcewen Mining's options and short interest. It helps to benchmark the overall future attitude of investors towards Mcewen using crowd psychology based on the activity and movement of Mcewen Mining's stock price.
Mcewen Mining Tangible Assets Book Value per Share are fairly stable at the moment as compared to the past year. Mcewen Mining reported Tangible Assets Book Value per Share of 1.12 in 2021

Mcewen Mining Implied Volatility

    
  43.0  
Mcewen Mining's implied volatility exposes the market's sentiment of Mcewen Mining stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Mcewen 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 Mcewen Mining stock will not fluctuate a lot when Mcewen Mining's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Mcewen 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 Mcewen Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying Mcewen 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.

Mcewen Mining after-hype prediction price

    
  $ 0.95  
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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Mcewen 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. Please use the tools below to analyze the current value of Mcewen Mining in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
0.061.153.36
Details
Naive
Forecast
LowNext ValueHigh
0.0184680.923.13
Details
2 Analysts
Consensus
LowTarget PriceHigh
1.751.882.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
-0.09-0.09-0.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mcewen Mining. Your research has to be compared to or analyzed against Mcewen Mining's peers to derive any actionable benefits. When done correctly, Mcewen Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Mcewen Mining.

Mcewen Mining After-Hype Price Prediction Density Analysis

As far as predicting the price of Mcewen 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 Mcewen 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 smart people who confused the symmetrical distributions of stock prices, such as prices of Mcewen Mining, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Mcewen Mining Estimiated After-Hype Price Volatility

In the context of predicting Mcewen Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mcewen Mining's historical news coverage. Mcewen Mining's after-hype downside and upside margins for the prediction period are 0.05 and 3.16, respectively. We have considered Mcewen 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
0.95
24th of January 2022
0.95
After-hype Price
3.16
Upside
Mcewen Mining is very risky asset. Analysis and calculation of next after-hype price of Mcewen Mining is based on 3 months time horizon.

Mcewen Mining Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Mcewen Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mcewen 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 Mcewen Mining, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.31  2.23  0.00   0.01  5 Events / Month6 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.950.950.00 
22,300  

Mcewen Mining Hype Timeline

On the 24th of January Mcewen Mining is traded for 0.95. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Mcewen anticipated not to react to the next headlinewith price going to stay at about the same level and average media hype impact volatility of over 100%. The immediate return on the next newsis anticipated to be very small whereas the daily expected return is now at -0.31%. The volatility of relative hype elasticity to Mcewen Mining is about 5146.15%. The volatility of related hype on Mcewen Mining is about 5146.15% with expected price after next announcement by competition of 0.96. About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.09. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mcewen Mining recorded a loss per share of 0.14. The entity next dividend is scheduled to be issued on the 7th of March 2019. The firm had 2:1 split on the 24th of December 1991. Considering the 90-day investment horizon the next anticipatedpress releasewill be in about 5 days.
Additionally, see Mcewen Mining Basic Forecasting Models to cross-verify your projections.

Mcewen Mining Related Hype Analysis

Having access to credible news sources related to Mcewen Mining's direct competition is more important than ever and may enhance your ability to predict Mcewen Mining's future price movements. Getting to know how Mcewen Mining 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 Mcewen Mining 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
BVN
Compania Mina Buenaventura 0.36 3 per month 2.43  0.06  5.20 (4.79)  10.12 
HYMC
Hycroft Mining Holding 0.00 3 per month 0.00 (0.26)  4.32 (8.75)  42.42 
MMX
Maverix Metals(0.02) 5 per month 0.00 (0.0166)  3.98 (3.98)  13.58 
MTA
Metalla Royalty And(0.11) 3 per month 0.00 (0.0263)  5.79 (4.28)  14.41 
GATO
Gatos Silver 0.11 7 per month 0.00 (0.0355)  5.19 (5.50)  20.00 
GROY
Gold Royalty Corp 0.04 5 per month 0.00 (0.08)  3.63 (4.37)  13.01 
MOU
Mountain Province Diamonds 0.07 3 per month 3.18  0.18  11.36 (5.45)  21.56 
AUMN
Golden Minerals(0.02) 10 per month 0.00 (0.0332)  6.06 (5.71)  17.62 
AXU
Alexco Resource Corp(0.04) 6 per month 0.00  0.0119  7.50 (5.98)  18.60 

Mcewen Mining Additional Predictive Modules

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

The successful prediction of Mcewen 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 Mcewen 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 Mcewen Mining based on analysis of Mcewen Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Mcewen Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Mcewen Mining's related companies.
 2019 2020 2022 (projected)
Inventory Turnover2.763.333.69
PPandE Turnover1.051.332.26

Story Coverage note for Mcewen Mining

The number of cover stories for Mcewen Mining depends on current market conditions and Mcewen 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 Mcewen 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 Mcewen Mining's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Mcewen Mining Short Properties

Mcewen Mining's future price predictability will typically decrease when Mcewen Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mcewen Mining often depends not only on the future outlook of the potential Mcewen 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. Mcewen Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.08%
Short Percent Of Float3.78%
Float Shares375.52M
Average Daily Volume Last 10 Day1.35M
Shares Short Prior Month14.2M
Average Daily Volume In Three Month2.59M
Date Short Interest15th of December 2021
Additionally, see Mcewen Mining Basic Forecasting Models to cross-verify your projections. Note that the Mcewen Mining information on this page should be used as a complementary analysis to other Mcewen Mining'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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