Planet Green Holdings Stock Price Prediction

PLAG Stock  USD 2.62  0.03  1.13%   
As of 13th of December 2024, the relative strength index (RSI) of Planet Green's share price is approaching 49 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Planet Green, making its price go up or down.

Oversold Vs Overbought

49

 
Oversold
 
Overbought
The successful prediction of Planet Green'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 Planet Green and does not consider all of the tangible or intangible factors available from Planet Green's fundamental data. We analyze noise-free headlines and recent hype associated with Planet Green Holdings, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Planet Green's stock price prediction:
Quarterly Revenue Growth
(0.57)
Using Planet Green hype-based prediction, you can estimate the value of Planet Green Holdings from the perspective of Planet Green 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 Planet Green to buy its stock at a price that has no basis in reality. In that case, they are not buying Planet 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.

Planet Green after-hype prediction price

    
  USD 2.38  
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 Planet Green Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.112.1613.30
Details
Naive
Forecast
LowNextHigh
0.052.2713.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.152.512.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Planet Green. Your research has to be compared to or analyzed against Planet Green's peers to derive any actionable benefits. When done correctly, Planet Green's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Planet Green Holdings.

Planet Green After-Hype Price Prediction Density Analysis

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

Planet Green Estimiated After-Hype Price Volatility

In the context of predicting Planet Green's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Planet Green's historical news coverage. Planet Green's after-hype downside and upside margins for the prediction period are 0.12 and 13.52, respectively. We have considered Planet Green'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
2.62
2.38
After-hype Price
13.52
Upside
Planet Green is extremely dangerous at this time. Analysis and calculation of next after-hype price of Planet Green Holdings is based on 3 months time horizon.

Planet Green Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Planet Green is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Planet Green 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 Planet Green, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.50 
11.14
  0.24 
  0.15 
5 Events / Month
2 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.62
2.38
9.16 
6,962  
Notes

Planet Green Hype Timeline

Planet Green Holdings is at this time traded for 2.62. The entity has historical hype elasticity of -0.24, and average elasticity to hype of competition of -0.15. Planet is forecasted to decline in value after the next headline, with the price expected to drop to 2.38. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -9.16%, whereas the daily expected return is at this time at 1.5%. The volatility of related hype on Planet Green is about 11328.81%, with the expected price after the next announcement by competition of 2.47. About 42.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.23. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Planet Green Holdings recorded a loss per share of 1.47. The entity last dividend was issued on the 12th of April 2007. The firm had 1:10 split on the 3rd of June 2024. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days.
Check out Planet Green Basic Forecasting Models to cross-verify your projections.

Planet Green Related Hype Analysis

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

Planet Green Additional Predictive Modules

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

The successful prediction of Planet Green 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 Planet Green Holdings, 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 Planet Green based on analysis of Planet Green hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Planet Green's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Planet Green's related companies.
 2021 2022 2023 2024 (projected)
Graham Number40.9220.713.2512.58
Receivables Turnover2.9812.478.587.26

Story Coverage note for Planet Green

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

Planet Green Short Properties

Planet Green's future price predictability will typically decrease when Planet Green's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Planet Green Holdings often depends not only on the future outlook of the potential Planet Green'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. Planet Green's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding7.2 M
Cash And Short Term Investments436.4 K

Complementary Tools for Planet Stock analysis

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