ABSA Bank (South Africa) Price Prediction
| ABSP Stock | 87,797 997.00 1.15% |
Oversold Vs Overbought
60
Oversold | Overbought |
Using ABSA Bank hype-based prediction, you can estimate the value of ABSA Bank Limited from the perspective of ABSA Bank 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 ABSA Bank to buy its stock at a price that has no basis in reality. In that case, they are not buying ABSA 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.
ABSA Bank after-hype prediction price | ZAC 87797.0 |
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.
ABSA |
ABSA Bank After-Hype Price Prediction Density Analysis
As far as predicting the price of ABSA Bank 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 ABSA Bank 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 ABSA Bank, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ABSA Bank Estimiated After-Hype Price Volatility
In the context of predicting ABSA Bank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ABSA Bank's historical news coverage. ABSA Bank's after-hype downside and upside margins for the prediction period are 87,796 and 87,798, respectively. We have considered ABSA Bank'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
ABSA Bank is very steady at this time. Analysis and calculation of next after-hype price of ABSA Bank Limited is based on 3 months time horizon.
ABSA Bank Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as ABSA Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ABSA Bank 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 ABSA Bank, 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 |
0.07 | 1.09 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
87,797 | 87,797 | 0.00 |
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ABSA Bank Hype Timeline
ABSA Bank Limited is presently traded for 87,797on Johannesburg Exchange of South Africa. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ABSA is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at 0.07%. %. The volatility of related hype on ABSA Bank is about 0.0%, with the expected price after the next announcement by competition of 87,797. About 53.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 23.59. ABSA Bank Limited last dividend was issued on the 14th of September 2022. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out ABSA Bank Basic Forecasting Models to cross-verify your projections.ABSA Bank Related Hype Analysis
Having access to credible news sources related to ABSA Bank's direct competition is more important than ever and may enhance your ability to predict ABSA Bank's future price movements. Getting to know how ABSA Bank'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 ABSA Bank may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HIL | HomeChoice Investments | 0.00 | 0 per month | 0.00 | (0.05) | 5.60 | (5.33) | 24.87 | |
| BRT | Brimstone Investment | 0.00 | 0 per month | 3.10 | (0.01) | 3.70 | (6.72) | 29.28 | |
| FTH | Frontier Transport Holdings | 0.00 | 0 per month | 3.59 | (0.02) | 8.37 | (7.48) | 27.26 | |
| RNI | Reinet Investments SCA | 0.00 | 0 per month | 1.14 | (0.11) | 2.01 | (2.14) | 5.52 | |
| ARA | Astoria Investments | 0.00 | 0 per month | 1.76 | (0.03) | 6.79 | (4.62) | 18.12 | |
| KIO | Kumba Iron Ore | 0.00 | 0 per month | 0.00 | (0.1) | 3.42 | (4.18) | 15.22 | |
| EMH | E Media Holdings | 0.00 | 0 per month | 2.78 | 0.02 | 4.17 | (0.30) | 30.76 |
ABSA Bank Additional Predictive Modules
Most predictive techniques to examine ABSA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ABSA using various technical indicators. When you analyze ABSA 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 ABSA Bank Predictive Indicators
The successful prediction of ABSA Bank 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 ABSA Bank Limited, 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 ABSA Bank based on analysis of ABSA Bank hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ABSA Bank's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ABSA Bank's related companies.
Story Coverage note for ABSA Bank
The number of cover stories for ABSA Bank depends on current market conditions and ABSA Bank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ABSA Bank 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 ABSA Bank'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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Additional Tools for ABSA Stock Analysis
When running ABSA Bank's price analysis, check to measure ABSA Bank'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 ABSA Bank is operating at the current time. Most of ABSA Bank's value examination focuses on studying past and present price action to predict the probability of ABSA Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABSA Bank's price. Additionally, you may evaluate how the addition of ABSA Bank to your portfolios can decrease your overall portfolio volatility.