Meridian Mining Uk Stock Price Prediction

MNO Stock   1.54  0.07  4.76%   
As of today, The relative strength momentum indicator of Meridian Mining's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Meridian Mining, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Meridian Mining's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Meridian Mining UK, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Meridian Mining's stock price prediction:
EPS Estimate Current Year
(0.06)
EPS Estimate Next Year
(0.02)
Wall Street Target Price
2.9583
EPS Estimate Current Quarter
(0.01)
Using Meridian Mining hype-based prediction, you can estimate the value of Meridian Mining UK from the perspective of Meridian Mining 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 Meridian Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying Meridian 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.

Meridian Mining after-hype prediction price

    
  CAD 1.52  
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 Meridian Mining Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.061.224.56
Details
Naive
Forecast
LowNextHigh
0.031.564.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.01-0.01
Details

Meridian Mining After-Hype Price Prediction Density Analysis

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

Meridian Mining Estimiated After-Hype Price Volatility

In the context of predicting Meridian Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Meridian Mining's historical news coverage. Meridian Mining's after-hype downside and upside margins for the prediction period are 0.08 and 4.86, respectively. We have considered Meridian Mining'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
1.54
1.52
After-hype Price
4.86
Upside
Meridian Mining is dangerous at this time. Analysis and calculation of next after-hype price of Meridian Mining UK is based on 3 months time horizon.

Meridian Mining Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Meridian Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Meridian Mining 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 Meridian Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.61 
3.34
  0.02 
  0.02 
8 Events / Month
2 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.54
1.52
1.30 
11,133  
Notes

Meridian Mining Hype Timeline

Meridian Mining UK is now traded for 1.54on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.02. Meridian is estimated to decline in value after the next headline, with the price expected to drop to 1.52. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -1.3%, whereas the daily expected return is now at 0.61%. The volatility of related hype on Meridian Mining is about 12370.37%, with the expected price after the next announcement by competition of 1.52. About 22.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.09. Meridian Mining UK had not issued any dividends in recent years. The entity had 1:10 split on the 24th of January 2011. Assuming the 90 days trading horizon the next estimated press release will be in about 8 days.
Check out Meridian Mining Basic Forecasting Models to cross-verify your projections.

Meridian Mining Related Hype Analysis

Having access to credible news sources related to Meridian Mining's direct competition is more important than ever and may enhance your ability to predict Meridian Mining's future price movements. Getting to know how Meridian Mining'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 Meridian Mining 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
ECOREcora Resources plc(0.01)7 per month 1.45  0.26  4.29 (2.78) 23.86 
EMOEmerita Resources Corp(0.17)7 per month 0.00 (0.05) 8.33 (6.90) 76.42 
BZBenz Mining Corp(0.1)6 per month 3.53  0.09  9.65 (5.19) 16.31 
ETGEntree Resources 0.04 6 per month 2.00  0.12  7.59 (3.19) 23.86 
ALDEAldebaran Resources(0.13)2 per month 4.21  0.03  7.46 (6.13) 24.42 
JAGJaguar Mining 0.21 8 per month 3.00  0.11  7.50 (4.97) 17.55 
REGRegulus Resources 0.02 5 per month 2.41  0.26  5.41 (4.80) 17.32 
NCXNorthIsle Copper and(0.03)4 per month 2.32  0.27  11.50 (4.43) 23.12 
LIRCLithium Royalty Corp(0.08)7 per month 1.98  0.18  4.97 (3.58) 29.45 
TITitan Mining Corp(0.02)8 per month 3.95  0.16  10.65 (7.10) 27.53 

Meridian Mining Additional Predictive Modules

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

The successful prediction of Meridian Mining 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 Meridian Mining UK, 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 Meridian Mining based on analysis of Meridian Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Meridian Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Meridian Mining's related companies.
 2025 2026 (projected)
Interest Debt Per Share1.55E-41.48E-4
Revenue Per Share0.0026710.002537

Pair Trading with Meridian Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Meridian Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Meridian Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Meridian Stock

  0.85FDR Flinders ResourcesPairCorr

Moving against Meridian Stock

  0.79AML Argus Metals CorpPairCorr
  0.52INFM Infinico Metals CorpPairCorr
  0.38URZ Urz Energy Corp Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Meridian Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meridian Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Meridian Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Meridian Mining UK to buy it.
The correlation of Meridian Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Meridian Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meridian Mining UK moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Meridian Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Meridian Stock

Meridian Mining financial ratios help investors to determine whether Meridian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Meridian with respect to the benefits of owning Meridian Mining security.