Thor Mining (UK) Price Prediction

THR Stock   0.73  0.02  2.67%   
At the present time, The relative strength momentum indicator of Thor Mining's share price is at 54. This usually implies that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Thor Mining, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of Thor Mining'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 Thor Mining and does not consider all of the tangible or intangible factors available from Thor Mining's fundamental data. We analyze noise-free headlines and recent hype associated with Thor Mining PLC, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Thor Mining's stock price prediction:
Wall Street Target Price
4
Using Thor Mining hype-based prediction, you can estimate the value of Thor Mining PLC from the perspective of Thor Mining 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 Thor Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying Thor 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.

Thor Mining after-hype prediction price

    
  GBX 0.73  
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 Thor Mining Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.030.654.41
Details
Naive
Forecast
LowNextHigh
0.010.724.48
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Thor Mining After-Hype Price Prediction Density Analysis

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

Thor Mining Estimiated After-Hype Price Volatility

In the context of predicting Thor Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thor Mining's historical news coverage. Thor Mining's after-hype downside and upside margins for the prediction period are 0.04 and 4.49, respectively. We have considered Thor Mining'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
0.73
0.73
After-hype Price
4.49
Upside
Thor Mining is abnormally volatile at this time. Analysis and calculation of next after-hype price of Thor Mining PLC is based on 3 months time horizon.

Thor Mining Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Thor Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thor Mining 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 Thor Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
3.76
 0.00  
  0.98 
1 Events / Month
2 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.73
0.73
0.00 
12,533  
Notes

Thor Mining Hype Timeline

Thor Mining PLC is at this time traded for 0.73on London Exchange of UK. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.98. Thor is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at -0.16%. %. The volatility of related hype on Thor Mining is about 61.52%, with the expected price after the next announcement by competition of -0.25. About 23.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.27. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thor Mining PLC recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 31st of August 2023. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out Thor Mining Basic Forecasting Models to cross-verify your projections.

Thor Mining Related Hype Analysis

Having access to credible news sources related to Thor Mining's direct competition is more important than ever and may enhance your ability to predict Thor Mining's future price movements. Getting to know how Thor Mining'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 Thor Mining 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
0QPSGivaudan SA(13.50)1 per month 0.00 (0.28) 1.44 (2.34) 5.27 
ANTOAntofagasta PLC(33.00)2 per month 0.00 (0.10) 4.53 (4.52) 12.91 
CEYCentamin PLC(3.00)2 per month 1.78  0.04  3.33 (2.92) 28.88 
ATYMAtalaya Mining(3.00)2 per month 0.00 (0.1) 3.97 (5.03) 11.16 
FXPOFerrexpo PLC 0.00 0 per month 4.40  0.15  10.72 (7.25) 41.73 
AMRQAmaroq Minerals 0.60 2 per month 0.97  0.22  5.00 (2.56) 10.60 
CAMLCentral Asia Metals(0.60)1 per month 0.00 (0.17) 2.42 (2.70) 9.45 
AAZAnglo Asian Mining(2.50)2 per month 2.33  0.09  5.73 (4.66) 16.37 
MTLMetals Exploration Plc(0.01)1 per month 2.46 (0.01) 5.61 (4.50) 16.60 

Thor Mining Additional Predictive Modules

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

The successful prediction of Thor Mining 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 Thor Mining PLC, 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 Thor Mining based on analysis of Thor Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thor Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thor Mining's related companies.

Story Coverage note for Thor Mining

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

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Thor Mining Short Properties

Thor Mining's future price predictability will typically decrease when Thor Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thor Mining PLC often depends not only on the future outlook of the potential Thor Mining'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. Thor Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding272.7 M
Cash And Short Term Investments805 K

Complementary Tools for Thor Stock analysis

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