Abits Group Stock Price Prediction
| ABTS Stock | 0.80 0.02 2.56% |
Oversold Vs Overbought
48
Oversold | Overbought |
Abits Group stock price prediction is an act of determining the future value of Abits shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Abits' 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 Abits and does not consider all of the tangible or intangible factors available from Abits' fundamental data. We analyze noise-free headlines and recent hype associated with Abits Group, which may create opportunities for some arbitrage if properly timed.
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 Abits based on different types of headlines from major news networks to social media. The Abits stock price prediction module provides an analysis of price elasticity to changes in media outlook on Abits over a specific investment horizon. Using Abits hype-based prediction, you can estimate the value of Abits Group from the perspective of Abits 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 Abits. 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 Abits to buy its stock at a price that has no basis in reality. In that case, they are not buying Abits 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.
Abits after-hype prediction price | USD 0.8 |
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.
Abits |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Abits' 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.
Abits After-Hype Price Prediction Density Analysis
As far as predicting the price of Abits 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 Abits 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 Abits, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Abits Estimiated After-Hype Price Volatility
In the context of predicting Abits' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Abits' historical news coverage. Abits' after-hype downside and upside margins for the prediction period are 0.04 and 5.59, respectively. We have considered Abits' 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
Abits is abnormally volatile at this time. Analysis and calculation of next after-hype price of Abits Group is based on 3 months time horizon.
Abits Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Abits is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Abits 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 Abits, 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 |
0.11 | 4.79 | 0.00 | 0.03 | 3 Events / Month | 3 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.80 | 0.80 | 0.00 |
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Abits Hype Timeline
Abits Group is presently traded for 0.80. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Abits is anticipated 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 anticipated to be very small, whereas the daily expected return is presently at -0.11%. %. The volatility of related hype on Abits is about 1508.66%, with the expected price after the next announcement by competition of 0.77. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 3 days. Check out Abits Basic Forecasting Models to cross-verify your projections.Abits Related Hype Analysis
Having access to credible news sources related to Abits' direct competition is more important than ever and may enhance your ability to predict Abits' future price movements. Getting to know how Abits' 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 Abits may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CMPR | Cimpress NV | (1.21) | 11 per month | 0.00 | (0.08) | 3.47 | (4.53) | 9.66 | |
| QNST | QuinStreet | (0.21) | 7 per month | 1.19 | 0.21 | 6.18 | (2.89) | 17.75 | |
| ADV | Advantage Solutions | 0.1 | 10 per month | 2.93 | 0.03 | 4.94 | (5.26) | 15.27 | |
| EVC | Entravision Communications | 0.05 | 9 per month | 0.00 | (0.07) | 6.06 | (6.67) | 55.00 |
Abits Additional Predictive Modules
Most predictive techniques to examine Abits price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Abits using various technical indicators. When you analyze Abits 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 Abits Predictive Indicators
The successful prediction of Abits 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 Abits 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 Abits based on analysis of Abits hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Abits's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Abits's related companies. | 2020 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 382.27 | 5.3K | 168.08 | 159.68 | PTB Ratio | 8.25 | 0.65 | 3.9 | 3.7 |
Story Coverage note for Abits
The number of cover stories for Abits depends on current market conditions and Abits' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Abits 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 Abits' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Abits Short Properties
Abits' future price predictability will typically decrease when Abits' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Abits Group often depends not only on the future outlook of the potential Abits' 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. Abits' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.6 M | |
| Cash And Short Term Investments | 884.2 K |
Check out Abits Basic Forecasting Models to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Abits Stock analysis
When running Abits' price analysis, check to measure Abits' 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 Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.
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Is Abits' 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 Abits. If investors know Abits 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 Abits 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 Abits Group is measured differently than its book value, which is the value of Abits that is recorded on the company's balance sheet. Investors also form their own opinion of Abits' value that differs from its market value or its book value, called intrinsic value, which is Abits' 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 Abits' market value can be influenced by many factors that don't directly affect Abits' 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 Abits' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abits is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abits' 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.