Nextsource Materials Stock Price Prediction
| NEXT Stock | CAD 0.53 0.01 1.92% |
Oversold Vs Overbought
40
Oversold | Overbought |
EPS Estimate Next Quarter (0.01) | EPS Estimate Current Year (0.07) | EPS Estimate Next Year (0.05) | Wall Street Target Price 2.45 |
Using NextSource Materials hype-based prediction, you can estimate the value of NextSource Materials from the perspective of NextSource Materials 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 NextSource Materials to buy its stock at a price that has no basis in reality. In that case, they are not buying NextSource 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.
NextSource Materials after-hype prediction price | CAD 0.53 |
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.
NextSource |
NextSource Materials After-Hype Price Prediction Density Analysis
As far as predicting the price of NextSource Materials 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 NextSource Materials 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 NextSource Materials, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NextSource Materials Estimiated After-Hype Price Volatility
In the context of predicting NextSource Materials' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NextSource Materials' historical news coverage. NextSource Materials' after-hype downside and upside margins for the prediction period are 0.03 and 3.21, respectively. We have considered NextSource Materials' 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
NextSource Materials is extremely dangerous at this time. Analysis and calculation of next after-hype price of NextSource Materials is based on 3 months time horizon.
NextSource Materials Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NextSource Materials is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NextSource Materials 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 NextSource Materials, 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 |
0.44 | 2.68 | 0.00 | 0.00 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.53 | 0.53 | 0.00 |
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NextSource Materials Hype Timeline
NextSource Materials is now traded for 0.53on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NextSource 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 over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at -0.44%. %. The volatility of related hype on NextSource Materials is about 38285.71%, with the expected price after the next announcement by competition of 0.53. About 49.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NextSource Materials recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 25th of May 2021. Assuming the 90 days trading horizon the next estimated press release will be very soon. Check out NextSource Materials Basic Forecasting Models to cross-verify your projections.NextSource Materials Related Hype Analysis
Having access to credible news sources related to NextSource Materials' direct competition is more important than ever and may enhance your ability to predict NextSource Materials' future price movements. Getting to know how NextSource Materials' 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 NextSource Materials may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LEM | Leading Edge Materials | 0.00 | 2 per month | 0.00 | (0.07) | 10.00 | (9.09) | 29.43 | |
| NGC | Northern Graphite | (0.01) | 1 per month | 6.95 | 0.06 | 20.00 | (14.29) | 64.29 | |
| LMR | Lomiko Metals | (0.02) | 2 per month | 0.00 | (0.22) | 6.67 | (8.70) | 19.17 | |
| ERA | Elcora Advanced Materials | 0.01 | 1 per month | 7.14 | 0.01 | 25.00 | (20.00) | 58.33 | |
| LLG | Mason Graphite | (0.01) | 1 per month | 0.00 | (0.07) | 11.11 | (11.11) | 58.33 |
NextSource Materials Additional Predictive Modules
Most predictive techniques to examine NextSource price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NextSource using various technical indicators. When you analyze NextSource 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 NextSource Materials Predictive Indicators
The successful prediction of NextSource Materials 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 NextSource Materials, 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 NextSource Materials based on analysis of NextSource Materials hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NextSource Materials's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NextSource Materials's related companies.
Story Coverage note for NextSource Materials
The number of cover stories for NextSource Materials depends on current market conditions and NextSource Materials' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NextSource Materials 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 NextSource Materials' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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NextSource Materials Short Properties
NextSource Materials' future price predictability will typically decrease when NextSource Materials' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NextSource Materials often depends not only on the future outlook of the potential NextSource Materials' 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. NextSource Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.1 M | |
| Cash And Short Term Investments | 10.8 M |
Other Information on Investing in NextSource Stock
NextSource Materials financial ratios help investors to determine whether NextSource 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 NextSource with respect to the benefits of owning NextSource Materials security.