Grom Social Stock Forward View
| GROM Stock | USD 0.0001 0.00 0.00% |
Grom Stock outlook is based on your current time horizon. Although Grom Social's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Grom Social's systematic risk associated with finding meaningful patterns of Grom Social fundamentals over time.
As of now, the relative strength index (RSI) of Grom Social's share price is approaching 47. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Grom Social, making its price go up or down. Momentum 47
Impartial
Oversold | Overbought |
Wall Street Target Price 12 | Quarterly Revenue Growth (0.27) |
Using Grom Social hype-based prediction, you can estimate the value of Grom Social Enterprises from the perspective of Grom Social response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Grom Social Enterprises on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000015 and the sum of the absolute errors of 0.0009. Grom Social after-hype prediction price | USD 1.14E-4 |
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 Historical Fundamental Analysis of Grom Social to cross-verify your projections. Grom Social Additional Predictive Modules
Most predictive techniques to examine Grom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Grom using various technical indicators. When you analyze Grom 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 |
Grom Social Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Grom Social's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2015-12-31 | Previous Quarter 2.5 M | Current Value 452.5 K | Quarterly Volatility 2.5 M |
Grom Social Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Grom Social Enterprises on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000015, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0009.Please note that although there have been many attempts to predict Grom Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Grom Social's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Grom Social Stock Forecast Pattern
| Backtest Grom Social | Grom Social Price Prediction | Research Analysis |
Grom Social Forecasted Value
In the context of forecasting Grom Social's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Grom Social's downside and upside margins for the forecasting period are 0.000001 and 22.04, respectively. We have considered Grom Social's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Grom Social stock data series using in forecasting. Note that when a statistical model is used to represent Grom Social stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 97.0647 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.1092 |
| SAE | Sum of the absolute errors | 9.0E-4 |
Predictive Modules for Grom Social
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grom Social Enterprises. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Grom Social After-Hype Price Density Analysis
As far as predicting the price of Grom Social 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 Grom Social 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 Grom Social, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Grom Social Estimiated After-Hype Price Volatility
In the context of predicting Grom Social's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Grom Social's historical news coverage. Grom Social's after-hype downside and upside margins for the prediction period are 0.00 and 22.04, respectively. We have considered Grom Social'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Grom Social is out of control at this time. Analysis and calculation of next after-hype price of Grom Social Enterprises is based on 3 months time horizon.
Grom Social Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Grom Social is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Grom Social 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 Grom Social, 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 |
0.39 | 22.04 | 0.00 | 0.03 | 0 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.0001 | 0.0001 | 14.48 |
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Grom Social Hype Timeline
Grom Social Enterprises is currently traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Grom is estimated to increase in value after the next headline, with the price projected to jump to 1.14E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is projected to be 14.48%, whereas the daily expected return is currently at 0.39%. The volatility of related hype on Grom Social is about 33907.69%, with the expected price after the next announcement by competition of 0.03. Grom Social Enterprises currently holds 1.61 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Grom Social Enterprises has a current ratio of 1.33, which is within standard range for the sector. Note, when we think about Grom Social's use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next estimated press release will be in a few days. Check out Historical Fundamental Analysis of Grom Social to cross-verify your projections.Grom Social Related Hype Analysis
Having access to credible news sources related to Grom Social's direct competition is more important than ever and may enhance your ability to predict Grom Social's future price movements. Getting to know how Grom Social'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 Grom Social may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ROII | RiskOn International | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 990.00 | |
| MDAW | Media Way Corp | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 50.00 | |
| WGEE | Consolidated Gold Holdings | 0.00 | 0 per month | 0.00 | 0.13 | 0.00 | 0.00 | 1,000.00 | |
| PIKL | Piksel Inc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WNRC | Superhero Scramble | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LOCM | LOCAL Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HRDI | Here Media | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HRDIL | Here Media | 0.65 | 4 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DATI | Digital Asset Monetary | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| QOWI | Quality One Wireless | 0.00 | 7 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Grom Social
For every potential investor in Grom, whether a beginner or expert, Grom Social's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grom. Basic forecasting techniques help filter out the noise by identifying Grom Social's price trends.Grom Social Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Grom Social stock to make a market-neutral strategy. Peer analysis of Grom Social could also be used in its relative valuation, which is a method of valuing Grom Social by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grom Social Market Strength Events
Market strength indicators help investors to evaluate how Grom Social stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grom Social shares will generate the highest return on investment. By undertsting and applying Grom Social stock market strength indicators, traders can identify Grom Social Enterprises entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 | |||
| Relative Strength Index | 47.16 |
Grom Social Risk Indicators
The analysis of Grom Social's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Grom Social's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grom stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 6.04 | |||
| Standard Deviation | 21.7 | |||
| Variance | 471.01 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Grom Social
The number of cover stories for Grom Social depends on current market conditions and Grom Social's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Grom Social 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 Grom Social'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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Grom Social Short Properties
Grom Social's future price predictability will typically decrease when Grom Social's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Grom Social Enterprises often depends not only on the future outlook of the potential Grom Social'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. Grom Social's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 854.2 K | |
| Cash And Short Term Investments | 2.5 M |
Check out Historical Fundamental Analysis of Grom Social to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Will Movies & Entertainment sector continue expanding? Could Grom diversify its offerings? Factors like these will boost the valuation of Grom Social. Market participants price Grom higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Grom Social data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (8.46) | Revenue Per Share | Quarterly Revenue Growth (0.27) | Return On Assets | Return On Equity |
Investors evaluate Grom Social Enterprises using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Grom Social's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Grom Social's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Grom Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grom Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Grom Social's market price signifies the transaction level at which participants voluntarily complete trades.