Nedbank Group Limited Stock Price Patterns
| NDBKF Stock | USD 17.15 0.00 0.00% |
Momentum 100
Buy Peaked
Oversold | Overbought |
Using Nedbank Group hype-based prediction, you can estimate the value of Nedbank Group Limited from the perspective of Nedbank Group 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 Nedbank Group to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Nedbank 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 pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Nedbank Group after-hype prediction price | USD 17.15 |
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Nedbank |
Nedbank Group After-Hype Price Density Analysis
As far as predicting the price of Nedbank Group 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 Nedbank Group 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 Pink Sheet prices, such as prices of Nedbank Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nedbank Group Estimiated After-Hype Price Volatility
In the context of predicting Nedbank Group's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nedbank Group's historical news coverage. Nedbank Group's after-hype downside and upside margins for the prediction period are 13.72 and 20.58, respectively. We have considered Nedbank Group'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
Nedbank Group is somewhat reliable at this time. Analysis and calculation of next after-hype price of Nedbank Group Limited is based on 3 months time horizon.
Nedbank Group Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Nedbank Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nedbank Group 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 Pink Sheet 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 Nedbank Group, 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 |
0.44 | 3.43 | 0.00 | 0.10 | 0 Events / Month | 1 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
17.15 | 17.15 | 0.00 |
|
Nedbank Group Hype Timeline
Nedbank Group Limited is now traded for 17.15. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.1. Nedbank is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.44%. %. The volatility of related hype on Nedbank Group is about 1580.65%, with the expected price after the next announcement by competition of 17.05. About 70.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nedbank Group Limited last dividend was issued on the 1st of September 2022. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Nedbank Group Basic Forecasting Models to cross-verify your projections.Nedbank Group Related Hype Analysis
Having access to credible news sources related to Nedbank Group's direct competition is more important than ever and may enhance your ability to predict Nedbank Group's future price movements. Getting to know how Nedbank Group'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 Nedbank Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGRPF | Absa Group Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ITCFY | Investec Ltd ADR | 0.00 | 0 per month | 0.00 | (0.03) | 0.56 | (1.14) | 19.38 | |
| CIBEY | Commercial International Bank | 0.00 | 0 per month | 1.86 | 0.18 | 4.03 | (2.91) | 10.60 | |
| TKYVY | Turkiye Vakiflar Bankasi | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CCRDF | Concordia Financial Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AKBTY | Akbank Turk Anonim | 0.00 | 0 per month | 2.72 | 0.18 | 7.22 | (5.00) | 15.02 | |
| CHBAY | Chiba Bank Ltd | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 14.90 | |
| UNJCF | Unicaja Banco SA | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 36.77 | |
| BNMDF | Banca Mediolanum SpA | (2.17) | 4 per month | 0.00 | 0.10 | 0.00 | 0.00 | 31.83 | |
| KMERF | Komercn banka as | 0.00 | 0 per month | 0.00 | 0.14 | 0.00 | 0.00 | 39.86 |
Nedbank Group Additional Predictive Modules
Most predictive techniques to examine Nedbank price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nedbank using various technical indicators. When you analyze Nedbank 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 Nedbank Group Predictive Indicators
The successful prediction of Nedbank Group 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 Nedbank Group Limited, 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 Nedbank Group based on analysis of Nedbank Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nedbank Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nedbank Group's related companies.
Currently Active Assets on Macroaxis
Complementary Tools for Nedbank Pink Sheet analysis
When running Nedbank Group's price analysis, check to measure Nedbank Group'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 Nedbank Group is operating at the current time. Most of Nedbank Group's value examination focuses on studying past and present price action to predict the probability of Nedbank Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank Group's price. Additionally, you may evaluate how the addition of Nedbank Group to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |