Mullen Group Stock Price Prediction

MTL Stock  CAD 15.46  0.10  0.65%   
The value of relative strength index of Mullen's stock price is about 61. This indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Mullen, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of Mullen's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Mullen Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Mullen's stock price prediction:
Quarterly Earnings Growth
(0.01)
EPS Estimate Next Quarter
0.31
EPS Estimate Current Year
1.2799
EPS Estimate Next Year
1.3097
Wall Street Target Price
18.975
Using Mullen hype-based prediction, you can estimate the value of Mullen Group from the perspective of Mullen 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 Mullen to buy its stock at a price that has no basis in reality. In that case, they are not buying Mullen 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.

Mullen after-hype prediction price

    
  CAD 15.46  
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 Mullen Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
11.1112.6417.01
Details
Naive
Forecast
LowNextHigh
13.9115.4516.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.310.320.34
Details

Mullen After-Hype Price Prediction Density Analysis

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

Mullen Estimiated After-Hype Price Volatility

In the context of predicting Mullen's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mullen's historical news coverage. Mullen's after-hype downside and upside margins for the prediction period are 13.93 and 16.99, respectively. We have considered Mullen'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
15.46
15.46
After-hype Price
16.99
Upside
Mullen is not too volatile at this time. Analysis and calculation of next after-hype price of Mullen Group is based on 3 months time horizon.

Mullen Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Mullen is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mullen 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 Mullen, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
1.53
  0.01 
 0.00  
3 Events / Month
1 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.46
15.46
0.00 
3,060  
Notes

Mullen Hype Timeline

Mullen Group is now traded for 15.46on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Mullen is expected 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 expected to be very small, whereas the daily expected return is now at 0.17%. %. The volatility of related hype on Mullen is about 6954.55%, with the expected price after the next announcement by competition of 15.46. About 24.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mullen Group has Price/Earnings To Growth (PEG) ratio of 1.64. The entity last dividend was issued on the 29th of November 2024. The firm had 3:1 split on the 7th of July 2005. Assuming the 90 days trading horizon the next expected press release will be in about 3 days.
Check out Mullen Basic Forecasting Models to cross-verify your projections.

Mullen Related Hype Analysis

Having access to credible news sources related to Mullen's direct competition is more important than ever and may enhance your ability to predict Mullen's future price movements. Getting to know how Mullen'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 Mullen may potentially react to the hype associated with one of its peers.

Mullen Additional Predictive Modules

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

The successful prediction of Mullen 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 Mullen 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 Mullen based on analysis of Mullen hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Mullen's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Mullen's related companies.
 2022 2023 2024 (projected)
Dividend Yield0.04530.05130.0344
Price To Sales Ratio0.680.630.6

Story Coverage note for Mullen

The number of cover stories for Mullen depends on current market conditions and Mullen's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mullen 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 Mullen'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

Mullen Short Properties

Mullen's future price predictability will typically decrease when Mullen's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mullen Group often depends not only on the future outlook of the potential Mullen'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. Mullen's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding99.1 M
Cash And Short Term Investments2.3 M

Other Information on Investing in Mullen Stock

Mullen financial ratios help investors to determine whether Mullen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mullen with respect to the benefits of owning Mullen security.