We analyze noise-free headlines and recent hype associated with Altaba which may create opportunities for some arbitrage if properly timed. With Altaba hype-based prediction module you can estimate the value of Altaba from the prospective of Altaba response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Altaba over a specific investment horizon. Check also Altaba Basic Forecasting Models to cross-verify your projections.
Altaba is presently traded for76.11. The entity has historical hype elasticity of -0.03 and average elasticity to hype of competition of -0.21. Altaba is projected to decline in value after the next headline with price expected to drop to 75.95. The average volatility of media hype impact on the company stock price is about 1216.67%. The price decrease on the next news is expected to be -0.04% where as daily expected return is presently at 0.26%. The volatility of related hype on Altaba is about 178.35% with expected price after next announcement by competition of 75.9. About 73.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.24. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altaba recorded loss per share of 15.9. The entity had not issued any dividends in recent years. The firm had a split on 2004-05-12. Given the investment horizon of 30 days, the next projected press release will be in about 7 days. Check also Altaba Basic Forecasting Models to cross-verify your projections.