Minehub Technologies Stock Forward View

MHUB Stock   0.87  0.02  2.35%   
Minehub Stock outlook is based on your current time horizon.
At this time, the relative strength indicator of Minehub Technologies' share price is approaching 49. This indicates 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 Minehub Technologies, making its price go up or down.

Momentum 49

 Impartial

 
Oversold
 
Overbought
The successful prediction of Minehub Technologies' 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 Minehub Technologies and does not consider all of the tangible or intangible factors available from Minehub Technologies' fundamental data. We analyze noise-free headlines and recent hype associated with Minehub Technologies, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Minehub Technologies' stock price prediction:
Wall Street Target Price
2.6
Using Minehub Technologies hype-based prediction, you can estimate the value of Minehub Technologies from the perspective of Minehub Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Minehub Technologies on the next trading day is expected to be 0.76 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.06.

Minehub Technologies after-hype prediction price

    
  CAD 0.87  
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 Historical Fundamental Analysis of Minehub Technologies to cross-verify your projections.

Minehub Technologies Additional Predictive Modules

Most predictive techniques to examine Minehub price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Minehub using various technical indicators. When you analyze Minehub 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.
A naive forecasting model for Minehub Technologies is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Minehub Technologies value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Minehub Technologies Naive Prediction Price Forecast For the 2nd of February

Given 90 days horizon, the Naive Prediction forecasted value of Minehub Technologies on the next trading day is expected to be 0.76 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.06.
Please note that although there have been many attempts to predict Minehub Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Minehub Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Minehub Technologies Stock Forecast Pattern

Backtest Minehub Technologies  Minehub Technologies Price Prediction  Buy or Sell Advice  

Minehub Technologies Forecasted Value

In the context of forecasting Minehub Technologies' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Minehub Technologies' downside and upside margins for the forecasting period are 0.01 and 5.09, respectively. We have considered Minehub Technologies' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.87
0.76
Expected Value
5.09
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Minehub Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Minehub Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria111.8107
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0338
MAPEMean absolute percentage error0.0366
SAESum of the absolute errors2.0624
This model is not at all useful as a medium-long range forecasting tool of Minehub Technologies. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Minehub Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Minehub Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minehub Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.040.875.20
Details
Intrinsic
Valuation
LowRealHigh
0.040.765.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Minehub Technologies. Your research has to be compared to or analyzed against Minehub Technologies' peers to derive any actionable benefits. When done correctly, Minehub Technologies' 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 Minehub Technologies.

Minehub Technologies After-Hype Price Density Analysis

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

Minehub Technologies Estimiated After-Hype Price Volatility

In the context of predicting Minehub Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Minehub Technologies' historical news coverage. Minehub Technologies' after-hype downside and upside margins for the prediction period are 0.04 and 5.20, respectively. We have considered Minehub Technologies' 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
0.87
0.87
After-hype Price
5.20
Upside
Minehub Technologies is abnormally volatile at this time. Analysis and calculation of next after-hype price of Minehub Technologies is based on 3 months time horizon.

Minehub Technologies Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Minehub Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Minehub Technologies 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 Minehub Technologies, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
4.33
 0.00  
 0.00  
7 Events / Month
2 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.87
0.87
0.00 
8,660  
Notes

Minehub Technologies Hype Timeline

Minehub Technologies is now traded for 0.87on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Minehub is anticipated 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 anticipated to be very small, whereas the daily expected return is now at -0.08%. %. The volatility of related hype on Minehub Technologies is about 18826.09%, with the expected price after the next announcement by competition of 0.87. About 21.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.07. Minehub Technologies had not issued any dividends in recent years. The entity had 1:2 split on the 1st of March 2024. Assuming the 90 days trading horizon the next anticipated press release will be in about 7 days.
Check out Historical Fundamental Analysis of Minehub Technologies to cross-verify your projections.

Minehub Technologies Related Hype Analysis

Having access to credible news sources related to Minehub Technologies' direct competition is more important than ever and may enhance your ability to predict Minehub Technologies' future price movements. Getting to know how Minehub Technologies' 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 Minehub Technologies 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
MAPSProstar Holdings 0.00 2 per month 5.66  0.02  9.09 (12.50) 49.52 
EAGREast Side Games(0.02)3 per month 0.00 (0.11) 6.67 (7.69) 27.39 
YNVYnvisible Interactive(0.01)3 per month 3.64 (0) 8.33 (7.14) 23.81 
XHBiShares Canadian HYBrid(0.04)3 per month 0.18 (0.20) 0.25 (0.35) 0.85 
ERE-UNEuropean Residential Real 0.02 8 per month 0.75  0.08  1.83 (1.82) 4.43 
CLUiShares Fundamental Hedged(0.04)2 per month 0.42  0.09  1.24 (0.89) 2.47 
RUDBRBC Discount Bond 0.02 6 per month 0.00 (0.21) 0.41 (0.72) 1.56 
BN-PFIBrookfield 0.00 0 per month 0.24 (0) 0.60 (0.60) 1.58 
XTOTiShares Core SP 0.20 9 per month 0.00 (0.08) 1.25 (1.29) 5.08 
XEGiShares SPTSX Capped 0.10 5 per month 1.11  0.17  2.22 (1.49) 5.88 

Other Forecasting Options for Minehub Technologies

For every potential investor in Minehub, whether a beginner or expert, Minehub Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Minehub Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Minehub. Basic forecasting techniques help filter out the noise by identifying Minehub Technologies' price trends.

Minehub Technologies Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Minehub Technologies stock to make a market-neutral strategy. Peer analysis of Minehub Technologies could also be used in its relative valuation, which is a method of valuing Minehub Technologies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Minehub Technologies Market Strength Events

Market strength indicators help investors to evaluate how Minehub Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Minehub Technologies shares will generate the highest return on investment. By undertsting and applying Minehub Technologies stock market strength indicators, traders can identify Minehub Technologies entry and exit signals to maximize returns.

Minehub Technologies Risk Indicators

The analysis of Minehub Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Minehub Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting minehub stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Minehub Technologies

The number of cover stories for Minehub Technologies depends on current market conditions and Minehub Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Minehub Technologies 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 Minehub Technologies' 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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Additional Tools for Minehub Stock Analysis

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