Plum Acquisition Corp Stock Price Prediction

PLMJ Stock   11.10  0.04  0.36%   
The relative strength index (RSI) of Plum Acquisition's stock price is nearly 67 indicating that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Plum, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
The successful prediction of Plum Acquisition's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Plum Acquisition Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Plum Acquisition's stock price prediction:
Quarterly Earnings Growth
(0.63)
Using Plum Acquisition hype-based prediction, you can estimate the value of Plum Acquisition Corp from the perspective of Plum Acquisition 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 Plum Acquisition to buy its stock at a price that has no basis in reality. In that case, they are not buying Plum 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.

Plum Acquisition after-hype prediction price

    
  USD 11.1  
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 Plum Acquisition Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
10.6910.9511.21
Details

Plum Acquisition After-Hype Price Prediction Density Analysis

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

Plum Acquisition Estimiated After-Hype Price Volatility

In the context of predicting Plum Acquisition's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Plum Acquisition's historical news coverage. Plum Acquisition's after-hype downside and upside margins for the prediction period are 10.84 and 11.36, respectively. We have considered Plum Acquisition'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
11.10
11.10
After-hype Price
11.36
Upside
Plum Acquisition is very steady at this time. Analysis and calculation of next after-hype price of Plum Acquisition Corp is based on 3 months time horizon.

Plum Acquisition Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Plum Acquisition is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Plum Acquisition 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 Plum Acquisition, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
0.26
  0.04 
 0.00  
33 Events / Month
7 Events / Month
In about 33 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.10
11.10
0.00 
28.89  
Notes

Plum Acquisition Hype Timeline

Plum Acquisition Corp is at this time traded for 11.10. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.0. Plum 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 about 28.89%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.04%. %. The volatility of related hype on Plum Acquisition is about 292.13%, with the expected price after the next announcement by competition of 11.10. About 21.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 33 days.
Check out Plum Acquisition Basic Forecasting Models to cross-verify your projections.

Plum Acquisition Related Hype Analysis

Having access to credible news sources related to Plum Acquisition's direct competition is more important than ever and may enhance your ability to predict Plum Acquisition's future price movements. Getting to know how Plum Acquisition'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 Plum Acquisition 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
VVisa Class A(0.59)9 per month 1.19  0.08  1.65 (1.43) 7.49 
DHILDiamond Hill Investment 0.23 10 per month 0.00 (0.06) 2.22 (2.64) 10.43 
DISTDistoken Acquisition 0.19 2 per month 0.26  0.04  0.45 (0.18) 3.45 
ABAllianceBernstein Holding LP(0.37)10 per month 1.10  0.03  2.46 (2.14) 7.82 
ACAssociated Capital Group 0.35 8 per month 1.77  0.08  3.00 (2.64) 12.09 
BNBrookfield Corp 0.30 9 per month 1.38  0.08  2.46 (1.89) 6.44 
BXBlackstone Group(0.70)9 per month 1.65  0.06  3.21 (2.84) 12.51 
CGCarlyle Group 1.78 8 per month 1.57  0.1  4.14 (3.08) 15.08 
DBDeutsche Bank AG(0.12)9 per month 1.44  0.01  2.99 (2.44) 6.86 
DXDynex Capital(0.18)7 per month 1.08 (0.03) 1.10 (1.75) 3.85 

Plum Acquisition Additional Predictive Modules

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

The successful prediction of Plum Acquisition 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 Plum Acquisition Corp, 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 Plum Acquisition based on analysis of Plum Acquisition hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Plum Acquisition's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Plum Acquisition's related companies.
 2010 2022 2023 2024 (projected)
Return On Tangible Assets0.0016910.03150.06610.0694
PE Ratio727.5240.0731.2629.7

Story Coverage note for Plum Acquisition

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

Other Macroaxis Stories

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Plum Acquisition Short Properties

Plum Acquisition's future price predictability will typically decrease when Plum Acquisition's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Plum Acquisition Corp often depends not only on the future outlook of the potential Plum Acquisition'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. Plum Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding30.4 M
When determining whether Plum Acquisition Corp is a strong investment it is important to analyze Plum Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plum Acquisition's future performance. For an informed investment choice regarding Plum Stock, refer to the following important reports:
Check out Plum Acquisition Basic Forecasting Models to cross-verify your projections.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plum Acquisition. If investors know Plum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plum Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.19
Return On Assets
(0)
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.