Oblong Inc Stock Price Prediction

OBLG Stock  USD 3.39  0.10  3.04%   
As of 25th of November 2024, The relative strength indicator of Oblong's share price is at 53. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Oblong, making its price go up or down.

Oversold Vs Overbought

53

 
Oversold
 
Overbought
The successful prediction of Oblong'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 Oblong and does not consider all of the tangible or intangible factors available from Oblong's fundamental data. We analyze noise-free headlines and recent hype associated with Oblong Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Oblong's stock price prediction:
Quarterly Earnings Growth
(0.46)
Wall Street Target Price
15
Quarterly Revenue Growth
(0.34)
Using Oblong hype-based prediction, you can estimate the value of Oblong Inc from the perspective of Oblong 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 Oblong to buy its stock at a price that has no basis in reality. In that case, they are not buying Oblong 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.

Oblong after-hype prediction price

    
  USD 3.24  
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 Oblong Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.173.3917.32
Details
Naive
Forecast
LowNextHigh
0.063.1817.12
Details

Oblong After-Hype Price Prediction Density Analysis

As far as predicting the price of Oblong 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 Oblong 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 Oblong, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Oblong Estimiated After-Hype Price Volatility

In the context of predicting Oblong's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Oblong's historical news coverage. Oblong's after-hype downside and upside margins for the prediction period are 0.16 and 17.17, respectively. We have considered Oblong'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
3.39
3.24
After-hype Price
17.17
Upside
Oblong is extremely dangerous at this time. Analysis and calculation of next after-hype price of Oblong Inc is based on 3 months time horizon.

Oblong Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Oblong is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oblong 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 Oblong, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.64 
13.93
  0.15 
  0.12 
2 Events / Month
8 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.39
3.24
4.42 
5,804  
Notes

Oblong Hype Timeline

Oblong Inc is now traded for 3.39. The entity has historical hype elasticity of -0.15, and average elasticity to hype of competition of -0.12. Oblong is expected to decline in value after the next headline, with the price expected to drop to 3.24. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -4.42%, whereas the daily expected return is now at 0.64%. The volatility of related hype on Oblong is about 7415.21%, with the expected price after the next announcement by competition of 3.27. The company has price-to-book ratio of 0.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Oblong Inc recorded earning per share (EPS) of 11.14. The entity last dividend was issued on the 18th of April 2019. The firm had 1:40 split on the 26th of August 2024. Given the investment horizon of 90 days the next expected press release will be in a few days.
Check out Oblong Basic Forecasting Models to cross-verify your projections.

Oblong Related Hype Analysis

Having access to credible news sources related to Oblong's direct competition is more important than ever and may enhance your ability to predict Oblong's future price movements. Getting to know how Oblong'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 Oblong may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
YMMFull Truck Alliance(0.06)9 per month 2.19  0.07  5.58 (3.79) 16.27 
KCKingsoft Cloud Holdings 0.02 9 per month 5.44  0.20  19.49 (11.49) 53.75 
BMTXBm Technologies(0.01)7 per month 2.72  0.10  7.17 (4.69) 47.84 
PLUSePlus inc(2.73)9 per month 0.00 (0.08) 3.53 (3.01) 25.14 
IFBDInfobird Co 0.09 10 per month 4.34 (0.02) 8.11 (7.55) 25.02 
MVLAMovella Holdings 0.02 1 per month 3.50  0.07  8.82 (5.77) 44.13 
HTCRHeartCore Enterprises 0.15 8 per month 5.90  0.15  14.14 (10.17) 26.35 
CXAICXApp Inc 0.01 4 per month 0.00 (0.18) 7.01 (7.50) 29.23 
QHQuhuo(0.14)7 per month 5.38  0.12  14.56 (8.33) 329.09 
IDAITrust Stamp 0.00 6 per month 0.00 (0.19) 5.88 (11.11) 47.05 
KSPNKaspien Holdings 0.00 0 per month 0.00 (0.04) 21.05 (13.33) 58.71 
AUUDAuddia Inc(0.02)4 per month 0.00 (0.14) 8.77 (8.20) 49.98 
CUENCuentas 0.00 0 per month 5.67  0.04  10.49 (7.63) 52.26 
BLBXBlackboxstocks 0.04 1 per month 4.57  0.05  7.96 (7.52) 23.01 

Oblong Additional Predictive Modules

Most predictive techniques to examine Oblong price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Oblong using various technical indicators. When you analyze Oblong 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.

About Oblong Predictive Indicators

The successful prediction of Oblong 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 Oblong Inc, 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 Oblong based on analysis of Oblong hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Oblong's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Oblong's related companies.
 2023 2024 (projected)
Dividend Yield0.0043750.003088
Price To Sales Ratio0.290.28

Story Coverage note for Oblong

The number of cover stories for Oblong depends on current market conditions and Oblong's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Oblong 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 Oblong's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Oblong Short Properties

Oblong's future price predictability will typically decrease when Oblong's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Oblong Inc often depends not only on the future outlook of the potential Oblong'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. Oblong's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding139.9 K
Cash And Short Term InvestmentsM

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