Equinox Gold Corp Stock Price Prediction
| EQX Stock | USD 5.68 0.15 2.71% |
Oversold Vs Overbought
54
Oversold | Overbought |
Equinox Gold Corp stock price prediction is an act of determining the future value of Equinox Gold shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Equinox Gold'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 Equinox Gold and does not consider all of the tangible or intangible factors available from Equinox Gold's fundamental data. We analyze noise-free headlines and recent hype associated with Equinox Gold Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Equinox Gold's stock price prediction:Quarterly Earnings Growth (0.83) | EPS Estimate Next Quarter (0.02) | EPS Estimate Current Year 0.12 | EPS Estimate Next Year 0.5 | Wall Street Target Price 7.63 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Equinox Gold based on different types of headlines from major news networks to social media. The Equinox stock price prediction module provides an analysis of price elasticity to changes in media outlook on Equinox Gold over a specific investment horizon. Using Equinox Gold hype-based prediction, you can estimate the value of Equinox Gold Corp from the perspective of Equinox Gold response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Equinox Gold using Equinox Gold's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Equinox using crowd psychology based on the activity and movement of Equinox Gold's stock price.
Equinox Gold Implied Volatility | 85.22 |
Equinox Gold's implied volatility exposes the market's sentiment of Equinox Gold Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Equinox Gold's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Equinox Gold stock will not fluctuate a lot when Equinox Gold's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Equinox Gold. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Equinox Gold to buy its stock at a price that has no basis in reality. In that case, they are not buying Equinox 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.
Equinox Gold after-hype prediction price | USD 5.74 |
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.
Equinox |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equinox Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Equinox Gold After-Hype Price Prediction Density Analysis
As far as predicting the price of Equinox Gold 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 Equinox Gold 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 Equinox Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Equinox Gold Estimiated After-Hype Price Volatility
In the context of predicting Equinox Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Equinox Gold's historical news coverage. Equinox Gold's after-hype downside and upside margins for the prediction period are 2.43 and 9.05, respectively. We have considered Equinox Gold'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
Equinox Gold is slightly risky at this time. Analysis and calculation of next after-hype price of Equinox Gold Corp is based on 3 months time horizon.
Equinox Gold Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Equinox Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Equinox Gold 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 Equinox Gold, 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 |
0.46 | 3.31 | 0.06 | 0.07 | 7 Events / Month | 9 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.68 | 5.74 | 1.06 |
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Equinox Gold Hype Timeline
On the 30th of April Equinox Gold Corp is traded for 5.68. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.07. Equinox is projected to increase in value after the next headline, with the price projected to jump to 5.74 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is estimated to be 1.06%, whereas the daily expected return is currently at 0.46%. The volatility of related hype on Equinox Gold is about 2190.44%, with the expected price after the next announcement by competition of 5.75. The company reported the last year's revenue of 1.11 B. Total Income to common stockholders was 29.41 M with profit before taxes, overhead, and interest of 262.67 M. Considering the 90-day investment horizon the next projected press release will be in about 7 days. Check out Equinox Gold Basic Forecasting Models to cross-verify your projections.Equinox Gold Related Hype Analysis
Having access to credible news sources related to Equinox Gold's direct competition is more important than ever and may enhance your ability to predict Equinox Gold's future price movements. Getting to know how Equinox Gold'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 Equinox Gold may potentially react to the hype associated with one of its peers.
Equinox Gold Additional Predictive Modules
Most predictive techniques to examine Equinox price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Equinox using various technical indicators. When you analyze Equinox 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 Equinox Gold Predictive Indicators
The successful prediction of Equinox Gold 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 Equinox Gold 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 Equinox Gold based on analysis of Equinox Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Equinox Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Equinox Gold's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 16.95 | 29.17 | 26.97 | 25.62 | PTB Ratio | 0.75 | 0.42 | 0.63 | 0.6 |
Story Coverage note for Equinox Gold
The number of cover stories for Equinox Gold depends on current market conditions and Equinox Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Equinox Gold 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 Equinox Gold'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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Equinox Gold Short Properties
Equinox Gold's future price predictability will typically decrease when Equinox Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Equinox Gold Corp often depends not only on the future outlook of the potential Equinox Gold'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. Equinox Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 316.3 M | |
| Cash And Short Term Investments | 283.2 M |
Check out Equinox Gold Basic Forecasting Models to cross-verify your projections. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Equinox Stock analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold'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 Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is Equinox Gold's industry 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 Equinox Gold. If investors know Equinox 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 Equinox Gold 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 (0.83) | Earnings Share 0.09 | Revenue Per Share 3.479 | Quarterly Revenue Growth 0.149 | Return On Assets 0.0076 |
The market value of Equinox Gold Corp is measured differently than its book value, which is the value of Equinox that is recorded on the company's balance sheet. Investors also form their own opinion of Equinox Gold's value that differs from its market value or its book value, called intrinsic value, which is Equinox Gold'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 Equinox Gold's market value can be influenced by many factors that don't directly affect Equinox Gold'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 Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold'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.