Gray Television Stock Probability of Future Stock Price Finishing Under 0.07
| GTN-A Stock | USD 7.29 0.29 4.14% |
Gray |
Gray Television Target Price Odds to finish below 0.07
The tendency of Gray 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 drop to $ 0.07 or more in 90 days |
| 7.29 | 90 days | 0.07 | near 1 |
Based on a normal probability distribution, the odds of Gray Television to drop to $ 0.07 or more in 90 days from now is near 1 (This Gray Television probability density function shows the probability of Gray Stock to fall within a particular range of prices over 90 days) . Probability of Gray Television price to stay between $ 0.07 and its current price of $7.29 at the end of the 90-day period is about 41.05 .
Assuming the 90 days horizon Gray Television has a beta of -1.21. This usually indicates as returns on its benchmark rise, returns on holding Gray Television are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Gray Television is expected to outperform its benchmark. Additionally Gray Television has an alpha of 0.2456, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gray Television Price Density |
| Price |
Predictive Modules for Gray Television
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gray Television. 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.Gray Television Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gray Television is not an exception. The market had few large corrections towards the Gray Television'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 Gray Television, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gray Television within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -1.21 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.0013 |
Gray Television 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 Gray Television for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gray Television can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gray Television had very high historical volatility over the last 90 days | |
| Gray Television has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.28 B. Net Loss for the year was (76 M) with profit before overhead, payroll, taxes, and interest of 1.43 B. | |
| Gray Television has a strong financial position based on the latest SEC filings | |
| About 79.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Gray Television, Inc. A Bear Case Theory |
Gray Television 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 Gray Stock often depends not only on the future outlook of the current and potential Gray Television'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. Gray Television's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 92 M | |
| Cash And Short Term Investments | 21 M |
Gray Television Technical Analysis
Gray Television's future price can be derived by breaking down and analyzing its technical indicators over time. Gray Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gray Television. In general, you should focus on analyzing Gray Stock price patterns and their correlations with different microeconomic environments and drivers.
Gray Television Predictive Forecast Models
Gray Television's time-series forecasting models is one of many Gray Television'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 Gray Television'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 Gray Television
Checking the ongoing alerts about Gray Television for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gray Television help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gray Television had very high historical volatility over the last 90 days | |
| Gray Television has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.28 B. Net Loss for the year was (76 M) with profit before overhead, payroll, taxes, and interest of 1.43 B. | |
| Gray Television has a strong financial position based on the latest SEC filings | |
| About 79.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Gray Television, Inc. A Bear Case Theory |
Check out Gray Television Backtesting, Gray Television Valuation, Gray Television Correlation, Gray Television Hype Analysis, Gray Television Volatility, Gray Television History as well as Gray Television Performance. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.