Im Cannabis Corp Stock Price Prediction

IMCC Stock  USD 3.42  0.08  2.40%   
At the present time, The RSI of Im Cannabis' share price is at 55. This usually 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 Im Cannabis, making its price go up or down.

Momentum 55

 Impartial

 
Oversold
 
Overbought
The successful prediction of Im Cannabis' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Im Cannabis Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Im Cannabis' stock price prediction:
Wall Street Target Price
8.221
Quarterly Revenue Growth
0.036
Using Im Cannabis hype-based prediction, you can estimate the value of Im Cannabis Corp from the perspective of Im Cannabis 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 Im Cannabis to buy its stock at a price that has no basis in reality. In that case, they are not buying IMCC 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.

Im Cannabis after-hype prediction price

    
  USD 4.43  
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 Im Cannabis Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Im Cannabis' 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.
Intrinsic
Valuation
LowRealHigh
0.234.5820.10
Details
Naive
Forecast
LowNextHigh
0.073.5419.05
Details
1 Analysts
Consensus
LowTargetHigh
7.488.229.13
Details

Im Cannabis After-Hype Price Prediction Density Analysis

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

Im Cannabis Estimiated After-Hype Price Volatility

In the context of predicting Im Cannabis' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Im Cannabis' historical news coverage. Im Cannabis' after-hype downside and upside margins for the prediction period are 0.22 and 19.95, respectively. We have considered Im Cannabis' 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
3.42
4.43
After-hype Price
19.95
Upside
Im Cannabis is dangerous at this time. Analysis and calculation of next after-hype price of Im Cannabis Corp is based on 3 months time horizon.

Im Cannabis Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Im Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Im Cannabis 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 Im Cannabis, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.38 
15.52
  1.72 
  0.02 
9 Events / Month
3 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.42
4.43
29.59 
779.90  
Notes

Im Cannabis Hype Timeline

Im Cannabis Corp is currently traded for 3.42. The entity has historical hype elasticity of 1.72, and average elasticity to hype of competition of -0.02. IMCC is forecasted to increase in value after the next headline, with the price projected to jump to 4.43 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 29.59%, whereas the daily expected return is currently at 2.38%. The volatility of related hype on Im Cannabis is about 155200.0%, with the expected price after the next announcement by competition of 3.40. Im Cannabis Corp currently holds 18.01 M in liabilities with Debt to Equity (D/E) ratio of 0.2, which may suggest the company is not taking enough advantage from borrowing. Im Cannabis Corp has a current ratio of 1.16, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Im Cannabis' use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Im Cannabis Basic Forecasting Models to cross-verify your projections.

Im Cannabis Related Hype Analysis

Having access to credible news sources related to Im Cannabis' direct competition is more important than ever and may enhance your ability to predict Im Cannabis' future price movements. Getting to know how Im Cannabis' 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 Im Cannabis may potentially react to the hype associated with one of its peers.

Im Cannabis Additional Predictive Modules

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

The successful prediction of Im Cannabis 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 Im Cannabis 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 Im Cannabis based on analysis of Im Cannabis hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Im Cannabis's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Im Cannabis's related companies.
 2022 2023 2024 2025 (projected)
Payables Turnover2.954.224.082.87
Days Of Inventory On Hand134.0193.4725.7524.46

Story Coverage note for Im Cannabis

The number of cover stories for Im Cannabis depends on current market conditions and Im Cannabis' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Im Cannabis 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 Im Cannabis' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Im Cannabis Short Properties

Im Cannabis' future price predictability will typically decrease when Im Cannabis' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Im Cannabis Corp often depends not only on the future outlook of the potential Im Cannabis' 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. Im Cannabis' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.3 M
Cash And Short Term Investments863 K

Complementary Tools for IMCC Stock analysis

When running Im Cannabis' price analysis, check to measure Im Cannabis' 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 Im Cannabis is operating at the current time. Most of Im Cannabis' value examination focuses on studying past and present price action to predict the probability of Im Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Im Cannabis' price. Additionally, you may evaluate how the addition of Im Cannabis to your portfolios can decrease your overall portfolio volatility.
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