Granite Point Mortgage Stock Price Prediction
| GPMT Stock | USD 3.52 0.05 1.44% |
Oversold Vs Overbought
61
Oversold | Overbought |
Quarterly Earnings Growth (0.96) | EPS Estimate Next Quarter (0.73) | EPS Estimate Current Year (1.69) | EPS Estimate Next Year (1.88) | Wall Street Target Price 3.6667 |
Using Granite Point hype-based prediction, you can estimate the value of Granite Point Mortgage from the perspective of Granite Point 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 Granite Point to buy its stock at a price that has no basis in reality. In that case, they are not buying Granite 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.
Granite Point after-hype prediction price | USD 3.52 |
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.
Granite |
Granite Point After-Hype Price Prediction Density Analysis
As far as predicting the price of Granite Point 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 Granite Point 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 Granite Point, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Granite Point Estimiated After-Hype Price Volatility
In the context of predicting Granite Point's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Granite Point's historical news coverage. Granite Point's after-hype downside and upside margins for the prediction period are 0.47 and 6.57, respectively. We have considered Granite Point'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Granite Point is relatively risky at this time. Analysis and calculation of next after-hype price of Granite Point Mortgage is based on 3 months time horizon.
Granite Point Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Granite Point is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Granite Point 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 Granite Point, 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 |
0.59 | 3.05 | 0.03 | 0.01 | 7 Events / Month | 9 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.52 | 3.52 | 0.00 |
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Granite Point Hype Timeline
Granite Point Mortgage is currently traded for 3.52. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.01. Granite is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.59%. %. The volatility of related hype on Granite Point is about 15250.0%, with the expected price after the next announcement by competition of 3.51. About 51.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Granite Point Mortgage recorded a loss per share of 3.86. The entity last dividend was issued on the 1st of October 2024. Given the investment horizon of 90 days the next expected press release will be in about 7 days. Check out Granite Point Basic Forecasting Models to cross-verify your projections.Granite Point Related Hype Analysis
Having access to credible news sources related to Granite Point's direct competition is more important than ever and may enhance your ability to predict Granite Point's future price movements. Getting to know how Granite Point'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 Granite Point may potentially react to the hype associated with one of its peers.
Granite Point Additional Predictive Modules
Most predictive techniques to examine Granite price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Granite using various technical indicators. When you analyze Granite 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 | ||
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About Granite Point Predictive Indicators
The successful prediction of Granite Point 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 Granite Point Mortgage, 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 Granite Point based on analysis of Granite Point hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Granite Point's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Granite Point's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.1 | 0.23 | 0.19 | 0.2 | Price To Sales Ratio | 7.3 | 3.63 | 1.15 | 1.09 |
Story Coverage note for Granite Point
The number of cover stories for Granite Point depends on current market conditions and Granite Point's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Granite Point 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 Granite Point'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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Granite Point Short Properties
Granite Point's future price predictability will typically decrease when Granite Point's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Granite Point Mortgage often depends not only on the future outlook of the potential Granite Point'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. Granite Point's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.6 M | |
| Cash And Short Term Investments | 188.4 M |
Additional Tools for Granite Stock Analysis
When running Granite Point's price analysis, check to measure Granite Point's 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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.