Grom Social Enterprises Probability of Future Stock Price Finishing Over 0.046
| GROMDelisted Stock | USD 0.05 0 2.22% |
Grom |
Grom Social Target Price Odds to finish over 0.046
The tendency of Grom Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.05 | 90 days | 0.05 | about 99.0 |
Based on a normal probability distribution, the odds of Grom Social to move above the current price in 90 days from now is about 99.0 (This Grom Social Enterprises probability density function shows the probability of Grom Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Grom Social Enterprises has a beta of -0.14. This usually indicates as returns on the benchmark increase, returns on holding Grom Social are expected to decrease at a much lower rate. During a bear market, however, Grom Social Enterprises is likely to outperform the market. Additionally Grom Social Enterprises has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Grom Social Price Density |
| Price |
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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grom Social is not an exception. The market had few large corrections towards the Grom Social's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Grom Social Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grom Social within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.88 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.28 |
Grom Social Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Grom Social for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grom Social Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grom Social is not yet fully synchronised with the market data | |
| Grom Social has some characteristics of a very speculative penny stock | |
| Grom Social has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.04 M. Net Loss for the year was (12.53 M) with profit before overhead, payroll, taxes, and interest of 1.76 M. | |
| Grom Social Enterprises currently holds about 4.17 M in cash with (8.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Grom Social Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Grom Stock often depends not only on the future outlook of the current and 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 |
Grom Social Technical Analysis
Grom Social's future price can be derived by breaking down and analyzing its technical indicators over time. Grom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grom Social Enterprises. In general, you should focus on analyzing Grom Stock price patterns and their correlations with different microeconomic environments and drivers.
Grom Social Predictive Forecast Models
Grom Social's time-series forecasting models is one of many Grom Social's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Grom Social's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Grom Social Enterprises
Checking the ongoing alerts about Grom Social for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grom Social Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grom Social is not yet fully synchronised with the market data | |
| Grom Social has some characteristics of a very speculative penny stock | |
| Grom Social has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.04 M. Net Loss for the year was (12.53 M) with profit before overhead, payroll, taxes, and interest of 1.76 M. | |
| Grom Social Enterprises currently holds about 4.17 M in cash with (8.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Grom Stock
If you are still planning to invest in Grom Social Enterprises check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Grom Social's history and understand the potential risks before investing.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |