Reliq Health Technologies Stock Price Prediction

RHT Stock  CAD 0.22  0.00  0.00%   
At this time the rsi of Reliq Health's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

0

 
Oversold
 
Overbought
The successful prediction of Reliq Health'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 Reliq Health and does not consider all of the tangible or intangible factors available from Reliq Health's fundamental data. We analyze noise-free headlines and recent hype associated with Reliq Health Technologies, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Reliq Health's stock price prediction:
Wall Street Target Price
1.75
Quarterly Revenue Growth
0.885
Using Reliq Health hype-based prediction, you can estimate the value of Reliq Health Technologies from the perspective of Reliq Health 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 Reliq Health to buy its stock at a price that has no basis in reality. In that case, they are not buying Reliq 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.

Reliq Health after-hype prediction price

    
  CAD 0.22  
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 Reliq Health 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 Reliq Health'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
0.180.180.24
Details
Naive
Forecast
LowNextHigh
0.220.220.22
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Reliq Health After-Hype Price Prediction Density Analysis

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

Reliq Health Estimiated After-Hype Price Volatility

In the context of predicting Reliq Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Reliq Health's historical news coverage. Reliq Health's after-hype downside and upside margins for the prediction period are 0.22 and 0.22, respectively. We have considered Reliq Health'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
0.22
0.22
After-hype Price
0.22
Upside
Reliq Health is very steady at this time. Analysis and calculation of next after-hype price of Reliq Health Technologies is based on 3 months time horizon.

Reliq Health Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Reliq Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Reliq Health 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 Reliq Health, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
2 Events / Month
2 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.22
0.22
0.00 
0.00  
Notes

Reliq Health Hype Timeline

Reliq Health Technologies is at this time traded for 0.22on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Reliq 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 0.0%. %. The volatility of related hype on Reliq Health is about 0.0%, with the expected price after the next announcement by competition of 0.22. The company recorded a loss per share of 0.02. Reliq Health Technologies had not issued any dividends in recent years. The entity had 1:5 split on the 6th of June 2014. Assuming the 90 days horizon the next estimated press release will be in a few days.
Check out Reliq Health Basic Forecasting Models to cross-verify your projections.

Reliq Health Related Hype Analysis

Having access to credible news sources related to Reliq Health's direct competition is more important than ever and may enhance your ability to predict Reliq Health's future price movements. Getting to know how Reliq Health'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 Reliq Health 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
LCXLycos Energy 0.05 2 per month 0.00 (0.11) 4.52 (4.43) 13.00 
VMY-HVoice Mobility International 0.00 3 per month 0.00 (0.14) 0.00  0.00  50.00 
MTN-HMartina Minerals Corp 0.00 5 per month 0.00  0.00  0.00  0.00  0.00 
XHBiShares Canadian HYBrid(0.03)4 per month 0.00 (0.25) 0.46 (0.41) 1.09 
ALA-PAAltagas Cum Red 0.00 0 per month 0.73 (0.05) 1.37 (1.44) 4.40 
ERE-UNEuropean Residential Real(0.01)2 per month 1.07  0.17  3.75 (2.24) 10.70 
CLUiShares Fundamental Hedged 0.00 0 per month 0.62 (0.03) 1.33 (1.39) 3.96 
RUDBRBC Discount Bond 0.02 2 per month 0.22 (0.26) 0.62 (0.52) 1.72 
BN-PFIBrookfield(18.95)6 per month 0.62 (0.03) 1.62 (1.34) 3.71 
XEGiShares SPTSX Capped(0.08)2 per month 0.00 (0.1) 2.01 (2.32) 7.73 

Reliq Health Additional Predictive Modules

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

The successful prediction of Reliq Health 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 Reliq Health Technologies, 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 Reliq Health based on analysis of Reliq Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Reliq Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Reliq Health's related companies.
 2020 2021 2023 2024 (projected)
Payables Turnover0.290.910.810.59
Days Of Inventory On Hand329.6930.635.1933.43

Story Coverage note for Reliq Health

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Reliq Health Short Properties

Reliq Health's future price predictability will typically decrease when Reliq Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Reliq Health Technologies often depends not only on the future outlook of the potential Reliq Health'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. Reliq Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding183.1 M
Cash And Short Term Investments232.8 K

Additional Tools for Reliq Stock Analysis

When running Reliq Health's price analysis, check to measure Reliq Health'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 Reliq Health is operating at the current time. Most of Reliq Health's value examination focuses on studying past and present price action to predict the probability of Reliq Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliq Health's price. Additionally, you may evaluate how the addition of Reliq Health to your portfolios can decrease your overall portfolio volatility.