Goliath Resources Stock Price Prediction
| GOT Stock | CAD 1.12 0.03 2.75% |
Oversold Vs Overbought
49
Oversold | Overbought |
EPS Estimate Current Year (0.28) | Wall Street Target Price 1.3 |
Using Goliath Resources hype-based prediction, you can estimate the value of Goliath Resources from the perspective of Goliath Resources 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 Goliath Resources to buy its stock at a price that has no basis in reality. In that case, they are not buying Goliath 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.
Goliath Resources after-hype prediction price | CAD 1.13 |
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.
Goliath |
Goliath Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of Goliath Resources 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 Goliath Resources 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 Goliath Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Goliath Resources Estimiated After-Hype Price Volatility
In the context of predicting Goliath Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Goliath Resources' historical news coverage. Goliath Resources' after-hype downside and upside margins for the prediction period are 0.06 and 3.98, respectively. We have considered Goliath Resources' 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
Goliath Resources is dangerous at this time. Analysis and calculation of next after-hype price of Goliath Resources is based on 3 months time horizon.
Goliath Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Goliath Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Goliath Resources 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 Goliath Resources, 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 |
0.18 | 2.87 | 0.01 | 0.00 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.12 | 1.13 | 0.89 |
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Goliath Resources Hype Timeline
Goliath Resources is currently traded for 1.12on TSX Venture Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Goliath is estimated to increase in value after the next headline, with the price projected to jump to 1.13 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is anticipated to be 0.89%, whereas the daily expected return is currently at -0.18%. The volatility of related hype on Goliath Resources is about 0.0%, with the expected price after the next announcement by competition of 1.12. Net Loss for the year was (25.09 M) with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Goliath Resources Basic Forecasting Models to cross-verify your projections.Goliath Resources Related Hype Analysis
Having access to credible news sources related to Goliath Resources' direct competition is more important than ever and may enhance your ability to predict Goliath Resources' future price movements. Getting to know how Goliath Resources' 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 Goliath Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OCG | Outcrop Gold Corp | (0.01) | 3 per month | 4.31 | 0.02 | 9.52 | (8.33) | 29.76 | |
| SKP | Strikepoint Gold | (0.01) | 3 per month | 0.00 | (0.02) | 20.00 | (20.00) | 97.10 | |
| DEF | Defiance Silver Corp | 0.03 | 2 per month | 5.29 | (0.01) | 11.11 | (12.00) | 31.79 | |
| ESK | Eskay Mining Corp | 0.00 | 0 per month | 4.12 | (0.01) | 10.00 | (6.25) | 43.99 | |
| PGE | Stillwater Critical Minerals | (0.01) | 2 per month | 5.15 | 0.07 | 11.11 | (10.53) | 41.07 |
Goliath Resources Additional Predictive Modules
Most predictive techniques to examine Goliath price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Goliath using various technical indicators. When you analyze Goliath 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 | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
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About Goliath Resources Predictive Indicators
The successful prediction of Goliath Resources 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 Goliath Resources, 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 Goliath Resources based on analysis of Goliath Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Goliath Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Goliath Resources's related companies. | 2023 | 2024 (projected) | Interest Debt Per Share | 0.0367 | 0.0204 | Revenue Per Share | 1.5E-5 | 1.4E-5 |
Story Coverage note for Goliath Resources
The number of cover stories for Goliath Resources depends on current market conditions and Goliath Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Goliath Resources 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 Goliath Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Goliath Resources Short Properties
Goliath Resources' future price predictability will typically decrease when Goliath Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Goliath Resources often depends not only on the future outlook of the potential Goliath Resources' 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. Goliath Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.4 M |
Additional Tools for Goliath Stock Analysis
When running Goliath Resources' price analysis, check to measure Goliath Resources' 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 Goliath Resources is operating at the current time. Most of Goliath Resources' value examination focuses on studying past and present price action to predict the probability of Goliath Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goliath Resources' price. Additionally, you may evaluate how the addition of Goliath Resources to your portfolios can decrease your overall portfolio volatility.