Promimic (Sweden) Price Prediction
| PRO Stock | 26.50 0.60 2.32% |
Oversold Vs Overbought
41
Oversold | Overbought |
Promimic AB stock price prediction is an act of determining the future value of Promimic shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Promimic'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 Promimic and does not consider all of the tangible or intangible factors available from Promimic's fundamental data. We analyze noise-free headlines and recent hype associated with Promimic AB, 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 Promimic based on different types of headlines from major news networks to social media. The Promimic stock price prediction module provides an analysis of price elasticity to changes in media outlook on Promimic over a specific investment horizon. Using Promimic hype-based prediction, you can estimate the value of Promimic AB from the perspective of Promimic 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 Promimic. 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 Promimic to buy its stock at a price that has no basis in reality. In that case, they are not buying Promimic 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.
Promimic after-hype prediction price | SEK 26.5 |
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.
Promimic |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Promimic'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.
Promimic After-Hype Price Prediction Density Analysis
As far as predicting the price of Promimic 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 Promimic 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 Promimic, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Promimic Estimiated After-Hype Price Volatility
In the context of predicting Promimic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Promimic's historical news coverage. Promimic's after-hype downside and upside margins for the prediction period are 22.99 and 30.01, respectively. We have considered Promimic'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
Promimic is not too volatile at this time. Analysis and calculation of next after-hype price of Promimic AB is based on 3 months time horizon.
Promimic Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Promimic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Promimic 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 Promimic, 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 |
0.32 | 3.51 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
26.50 | 26.50 | 0.00 |
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Promimic Hype Timeline
Promimic AB is at this time traded for 26.50on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Promimic 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 at this time at -0.32%. %. The volatility of related hype on Promimic is about 0.0%, with the expected price after the next announcement by competition of 26.50. About 88.0% of the company outstanding shares are owned by corporate insiders. The book value of Promimic was at this time reported as 4.61. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be within a week. Check out Promimic Basic Forecasting Models to cross-verify your projections.Promimic Related Hype Analysis
Having access to credible news sources related to Promimic's direct competition is more important than ever and may enhance your ability to predict Promimic's future price movements. Getting to know how Promimic'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 Promimic may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CRAD-B | C Rad AB | 0.00 | 0 per month | 0.00 | (0.11) | 3.33 | (3.45) | 8.88 | |
| CEVI | CellaVision AB | 0.00 | 0 per month | 3.26 | 0.02 | 4.82 | (5.14) | 26.54 | |
| BOUL | Boule Diagnostics AB | 0.00 | 0 per month | 0.00 | (0.1) | 4.03 | (4.07) | 14.40 | |
| GENO | Genovis AB | 0.00 | 0 per month | 0.00 | (0.20) | 4.99 | (6.41) | 19.96 |
Promimic Additional Predictive Modules
Most predictive techniques to examine Promimic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Promimic using various technical indicators. When you analyze Promimic 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 Promimic Predictive Indicators
The successful prediction of Promimic 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 Promimic AB, 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 Promimic based on analysis of Promimic hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Promimic's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Promimic's related companies. Story Coverage note for Promimic
The number of cover stories for Promimic depends on current market conditions and Promimic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Promimic 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 Promimic'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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Check out Promimic Basic Forecasting Models to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Promimic Stock analysis
When running Promimic's price analysis, check to measure Promimic'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 Promimic is operating at the current time. Most of Promimic's value examination focuses on studying past and present price action to predict the probability of Promimic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promimic's price. Additionally, you may evaluate how the addition of Promimic to your portfolios can decrease your overall portfolio volatility.
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