Commercial Metals Stock Price Patterns
| CMC Stock | USD 77.96 2.91 3.88% |
Momentum 64
Buy Extended
Oversold | Overbought |
Using Commercial Metals hype-based prediction, you can estimate the value of Commercial Metals from the perspective of Commercial Metals 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 Commercial Metals to buy its stock at a price that has no basis in reality. In that case, they are not buying Commercial 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.
Commercial Metals after-hype prediction price | USD 77.96 |
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.
Commercial | Build AI portfolio with Commercial Stock |
Commercial Metals After-Hype Price Density Analysis
As far as predicting the price of Commercial Metals 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 Commercial Metals 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 Commercial Metals, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Commercial Metals Estimiated After-Hype Price Volatility
In the context of predicting Commercial Metals' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Commercial Metals' historical news coverage. Commercial Metals' after-hype downside and upside margins for the prediction period are 76.01 and 79.91, respectively. We have considered Commercial Metals' 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
Commercial Metals is very steady at this time. Analysis and calculation of next after-hype price of Commercial Metals is based on 3 months time horizon.
Commercial Metals Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Commercial Metals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Commercial Metals 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 Commercial Metals, 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 |
0.47 | 1.95 | 0.00 | 0.15 | 0 Events / Month | 2 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
77.96 | 77.96 | 0.00 |
|
Commercial Metals Hype Timeline
On the 29th of January Commercial Metals is traded for 77.96. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.15. Commercial 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 insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.47%. %. The volatility of related hype on Commercial Metals is about 625.0%, with the expected price after the next announcement by competition of 77.81. About 95.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Commercial Metals had 2:1 split on the 23rd of May 2006. Considering the 90-day investment horizon the next expected press release will be in 5 to 10 days. Check out Commercial Metals Basic Forecasting Models to cross-verify your projections.Commercial Metals Related Hype Analysis
Having access to credible news sources related to Commercial Metals' direct competition is more important than ever and may enhance your ability to predict Commercial Metals' future price movements. Getting to know how Commercial Metals' 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 Commercial Metals may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GGB | Gerdau SA ADR | 0.00 | 0 per month | 1.51 | 0.19 | 2.87 | (2.40) | 11.29 | |
| TX | Ternium SA ADR | 0.00 | 0 per month | 0.94 | 0.21 | 2.69 | (1.55) | 6.55 | |
| CLF | Cleveland Cliffs | 0.00 | 0 per month | 3.95 | 0.06 | 5.23 | (5.22) | 17.41 | |
| ESI | Element Solutions | 0.00 | 0 per month | 1.69 | 0.07 | 3.96 | (3.60) | 10.60 | |
| OR | Osisko Gold Ro | 0.00 | 0 per month | 1.44 | 0.25 | 4.10 | (2.63) | 9.72 | |
| EXP | Eagle Materials | 0.00 | 0 per month | 1.57 | (0.02) | 3.89 | (2.73) | 9.20 | |
| HBM | Hudbay Minerals | 0.00 | 0 per month | 2.17 | 0.28 | 5.44 | (4.01) | 12.33 | |
| EMN | Eastman Chemical | (1.01) | 10 per month | 1.76 | 0.06 | 4.94 | (3.60) | 9.74 | |
| IAG | IAMGold | (1.10) | 9 per month | 2.28 | 0.24 | 5.49 | (4.94) | 18.37 | |
| AXTA | Axalta Coating Systems | (1.01) | 3 per month | 1.03 | 0.16 | 2.69 | (2.47) | 7.97 |
Commercial Metals Additional Predictive Modules
Most predictive techniques to examine Commercial price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Commercial using various technical indicators. When you analyze Commercial 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 Commercial Metals Predictive Indicators
The successful prediction of Commercial Metals 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 Commercial Metals, 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 Commercial Metals based on analysis of Commercial Metals hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Commercial Metals's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Commercial Metals's related companies.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| VTI | Vanguard Total Stock | |
| RIOT | Riot Blockchain | |
| TSLA | Tesla Inc |
Complementary Tools for Commercial Stock analysis
When running Commercial Metals' price analysis, check to measure Commercial Metals' 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 Commercial Metals is operating at the current time. Most of Commercial Metals' value examination focuses on studying past and present price action to predict the probability of Commercial Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Metals' price. Additionally, you may evaluate how the addition of Commercial Metals to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |