Legend Oil Gas Stock Price Prediction
As of now the relative strength index (rsi) of Legend Oil's share price is below 20 . This indicates that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.
The successful prediction of Legend Oil'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 Legend Oil and does not consider all of the tangible or intangible factors available from Legend Oil's fundamental data. We analyze noise-free headlines and recent hype associated with Legend Oil Gas, which may create opportunities for some arbitrage if properly timed.
Check out Legend Oil Basic Forecasting Models to cross-verify your projections.
Momentum 0
Sell Peaked
Oversold | Overbought |
Using Legend Oil hype-based prediction, you can estimate the value of Legend Oil Gas from the perspective of Legend Oil 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 Legend Oil to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Legend 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.
Legend Oil after-hype prediction price | USD 0.0 |
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.
Legend |
Legend Oil Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Legend Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Legend Oil 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 Legend Oil, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 3 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.00 | 0.00 | 0.00 |
|
Legend Oil Hype Timeline
Legend Oil Gas is now traded for 0.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Legend 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 0.0%. %. The volatility of related hype on Legend Oil is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company recorded a loss per share of 0.01. Legend Oil Gas had not issued any dividends in recent years. The entity had 20:1 split on the 23rd of November 2010. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Legend Oil Basic Forecasting Models to cross-verify your projections.Legend Oil Related Hype Analysis
Having access to credible news sources related to Legend Oil's direct competition is more important than ever and may enhance your ability to predict Legend Oil's future price movements. Getting to know how Legend Oil'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 Legend Oil may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ENB | Enbridge | 0.11 | 11 per month | 0.94 | (0.18) | 1.60 | (1.52) | 4.20 | |
| WMB | Williams Companies | 0.11 | 7 per month | 1.87 | (0.13) | 2.17 | (2.81) | 10.10 | |
| EPD | Enterprise Products Partners | (0.01) | 10 per month | 1.06 | (0.15) | 1.53 | (1.62) | 4.19 | |
| TRP-PB | TC Energy Corp | 0.00 | 0 per month | 0.00 | 0.20 | 1.71 | (0.76) | 3.32 | |
| TRP-PC | TC Energy Corp | 0.00 | 0 per month | 0.00 | 0.19 | 1.64 | (1.01) | 3.04 | |
| OKE | ONEOK Inc | (1.83) | 9 per month | 0.00 | (0.14) | 2.54 | (3.27) | 9.21 | |
| TRP | TC Energy Corp | (0.22) | 10 per month | 0.00 | (0.19) | 1.92 | (1.95) | 5.89 | |
| LNG | Cheniere Energy | (0.14) | 11 per month | 0.00 | (0.12) | 2.68 | (3.07) | 12.75 |
Legend Oil Additional Predictive Modules
Most predictive techniques to examine Legend price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Legend using various technical indicators. When you analyze Legend 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 Legend Oil Predictive Indicators
The successful prediction of Legend Oil 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 Legend Oil Gas, 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 Legend Oil based on analysis of Legend Oil hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Legend Oil's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Legend Oil's related companies.
Story Coverage note for Legend Oil
The number of cover stories for Legend Oil depends on current market conditions and Legend Oil's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Legend Oil 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 Legend Oil'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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Legend Oil Short Properties
Legend Oil's future price predictability will typically decrease when Legend Oil's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Legend Oil Gas often depends not only on the future outlook of the potential Legend Oil'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. Legend Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 658.8 M | |
| Cash And Short Term Investments | 161 K |
Other Information on Investing in Legend Pink Sheet
Legend Oil financial ratios help investors to determine whether Legend Pink Sheet 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 Legend with respect to the benefits of owning Legend Oil security.